Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) has been assigned a consensus rating of “Moderate Buy” from the twelve brokerages that are covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and two have given a strong buy recommendation to the company.

Several equities analysts have weighed in 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 reaffirmed an “overweight” rating on shares of Siemens Energy in a research report on Monday, December 8th. UBS Group upgraded Siemens Energy from a “strong sell” rating to a “buy” rating in a report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Siemens Energy in a research note on Thursday, January 29th. Finally, Citigroup restated a “neutral” rating on shares of Siemens Energy in a research report on Thursday, February 12th.

Siemens Energy Price Performance

SMNEY stock opened at $175.64 on Friday. Siemens Energy has a one year low of $50.60 and a one year high of $176.73. The firm has a 50-day moving average of $173.74 and a two-hundred day moving average of $144.45. The firm has a market capitalization of $150.23 billion, a PE ratio of 71.98 and a beta of 2.06. The company has a current ratio of 0.90, a quick ratio of 0.63 and a debt-to-equity ratio of 0.23.

Siemens Energy (OTCMKTS:SMNEY) last released its earnings results on Wednesday, February 11th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.06. The business had revenue of $11.26 billion for the quarter, compared to the consensus estimate of $11.95 billion. Siemens Energy had a net margin of 4.75% and a return on equity of 18.48%. On average, analysts forecast that Siemens Energy will post 0.24 earnings per share for the current year.

Siemens Energy Company Profile

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.