Siemens Energy (OTCMKTS:SMNEY) Stock Price Up 2.5% – What’s Next?

Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) shares traded up 2.5% on Tuesday . The stock traded as high as $176.73 and last traded at $175.64. 174,000 shares were traded during mid-day trading, The stock had previously closed at $171.35.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Zacks Research cut shares of Siemens Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Morgan Stanley reissued an “overweight” rating on shares of Siemens Energy in a report on Monday, December 8th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Siemens Energy in a research note on Thursday, January 29th. Citigroup reaffirmed a “neutral” rating on shares of Siemens Energy in a report on Thursday, February 12th. Finally, UBS Group raised shares of Siemens Energy from a “strong sell” rating to a “buy” rating in a report on Friday, January 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Siemens Energy Price Performance

The company has a market capitalization of $150.23 billion, a P/E ratio of 71.98 and a beta of 2.06. The company has a quick ratio of 0.63, a current ratio of 0.90 and a debt-to-equity ratio of 0.23. The business has a 50 day simple moving average of $172.25 and a 200-day simple moving average of $143.52.

Siemens Energy (OTCMKTS:SMNEY) last released its quarterly earnings results on Wednesday, February 11th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.85 by $0.06. Siemens Energy had a net margin of 4.75% and a return on equity of 18.48%. The business had revenue of $11.26 billion during the quarter, compared to analyst estimates of $11.95 billion. Analysts predict that Siemens Energy AG Unsponsored ADR will post 0.24 EPS for the current fiscal year.

About Siemens Energy

Siemens Energy AG is a global energy technology company headquartered in Germany that provides equipment, systems and services across the power generation and transmission value chains. Established as an independent public company through a spin-off of Siemens AG’s energy businesses in 2020, Siemens Energy draws on a long industrial heritage to design, manufacture and service technologies used by utilities, industrial customers and the oil and gas sector.

The company’s product and service portfolio includes gas and steam turbines, generators, transformers and high-voltage transmission equipment as well as grid connection and power-conversion systems.