Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY – Get Free Report) has received an average recommendation of “Moderate Buy” from the six analysts that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, two have assigned a buy recommendation and two have given a strong buy recommendation to the company.
A number of brokerages have recently issued reports on SMNEY. Zacks Research upgraded Siemens Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 1st. Hsbc Global Res upgraded Siemens Energy to a “strong-buy” rating in a research report on Friday, September 5th. Finally, Morgan Stanley restated an “overweight” rating on shares of Siemens Energy in a research report on Friday, August 8th.
View Our Latest Stock Analysis on Siemens Energy
Siemens Energy Price Performance
Siemens Energy (OTCMKTS:SMNEY – Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.48. Siemens Energy had a return on equity of 9.57% and a net margin of 2.50%.The company had revenue of $11.06 billion during the quarter, compared to the consensus estimate of $10.64 billion. Analysts expect that Siemens Energy will post 0.24 EPS for the current year.
About Siemens Energy
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.
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