Erste Group Bank Forecasts OTCMKTS:SBGSY FY2027 Earnings

Schneider Electric SE (OTCMKTS:SBGSY) – Equities research analysts at Erste Group Bank reduced their FY2027 earnings estimates for shares of Schneider Electric in a research report issued on Monday, July 27th. Erste Group Bank analyst H. Engel now forecasts that the industrial products company will earn $2.66 per share for the year, down from their prior forecast of $2.67. Erste Group Bank currently has a “Strong-Buy” rating on the stock. The consensus estimate for Schneider Electric’s current full-year earnings is $2.38 per share.

Other equities research analysts also recently issued research reports about the company. Berenberg Bank raised Schneider Electric to a “strong-buy” rating in a research report on Monday, June 1st. Morgan Stanley reiterated an “overweight” rating on shares of Schneider Electric in a research report on Monday, June 29th. Finally, Barclays restated an “overweight” rating on shares of Schneider Electric in a research report on Monday, July 6th. Three analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Schneider Electric has an average rating of “Buy”.

Schneider Electric Stock Up 12.2%

OTCMKTS SBGSY opened at $65.77 on Friday. The company has a current ratio of 1.19, a quick ratio of 0.90 and a debt-to-equity ratio of 0.61. Schneider Electric has a 1-year low of $48.68 and a 1-year high of $67.16. The company has a 50 day moving average of $62.62 and a 200-day moving average of $60.67.

About Schneider Electric

Schneider Electric is a global specialist in energy management and automation solutions, offering products and services that help customers optimize the use of electrical power and industrial processes. Headquartered in Rueil-Malmaison, France, the company traces its industrial roots back to the 19th century and has evolved into a technology-driven provider of electrical distribution, control and automation equipment, and related software and services.

The company’s portfolio spans low- and medium-voltage electrical distribution, building and home automation, industrial automation and control systems, critical power and cooling for data centers, and integrated software platforms that enable monitoring, analytics and remote operations.