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

Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) has received a consensus recommendation of “Moderate Buy” from the nine brokerages that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating, three have issued a buy rating and three have given a strong buy rating to the company.

Several research analysts have recently weighed in on SMNEY shares. Rothschild Redb downgraded Siemens Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 15th. Berenberg Bank raised Siemens Energy to a “strong-buy” rating in a research note on Thursday, October 2nd. Zacks Research raised Siemens Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 1st. Royal Bank Of Canada started coverage on Siemens Energy in a research note on Thursday, October 9th. They set a “moderate buy” rating for the company. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Siemens Energy in a research note on Friday, August 8th.

Siemens Energy Trading Up 0.3%

Shares of OTCMKTS:SMNEY opened at $120.73 on Wednesday. The company has a current ratio of 0.90, a quick ratio of 0.62 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $96.50 billion, a PE ratio of 102.31, a PEG ratio of 0.61 and a beta of 1.96. The business has a 50 day moving average of $114.32 and a two-hundred day moving average of $103.73. Siemens Energy has a 12-month low of $40.28 and a 12-month high of $128.98.

Siemens Energy (OTCMKTS:SMNEY) last announced its earnings results on Wednesday, August 6th. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.48. The business had revenue of $11.06 billion during the quarter, compared to the consensus estimate of $10.64 billion. Siemens Energy had a return on equity of 9.57% and a net margin of 2.50%. As a group, analysts forecast that Siemens Energy will post 0.24 EPS for the current year.

Siemens Energy Company Profile

Siemens Energy AG operates as an energy technology company worldwide. It operates through Gas Services, Grid Technologies, Transformation of Industry, and Siemens Gamesa segments. The company provides gas and steam turbines, generators, and heat pumps, as well as performance enhancement, maintenance, customer training, and professional consulting services for central and distributed power generation; and high voltage direct current transmission systems, offshore windfarm grid connections, transformers, flexible alternating current transmission systems, high voltage substations, air and gas-insulated switchgears, digital grid solutions and components, and storage solutions.