Siemens (OTCMKTS:SIEGY) Announces Earnings Results

Siemens (OTCMKTS:SIEGY) announced its quarterly earnings data on Thursday. The technology company reported $1.62 EPS for the quarter, beating the consensus estimate of $1.59 by $0.03, Zacks reports. The business had revenue of $26.28 billion for the quarter, compared to the consensus estimate of $26.12 billion. Siemens had a return on equity of 11.13% and a net margin of 9.79%. Siemens updated its FY 2027 guidance to 5.870-6.215 EPS.

Siemens Price Performance

Shares of SIEGY traded down $0.55 during midday trading on Friday, hitting $154.45. 14,698 shares of the company traded hands, compared to its average volume of 195,932. The stock has a market cap of $241.56 billion, a price-to-earnings ratio of 26.17, a PEG ratio of 10.24 and a beta of 1.47. The firm has a 50 day moving average of $152.53 and a 200-day moving average of $149.81. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.18 and a current ratio of 1.44. Siemens has a 52 week low of $115.56 and a 52 week high of $169.47.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on SIEGY shares. Jefferies Financial Group cut Siemens from a “buy” rating to a “hold” rating in a research report on Thursday, October 15th. Zacks Research downgraded Siemens from a “hold” rating to a “strong sell” rating in a research note on Monday, October 26th. Erste Group Bank upgraded Siemens from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 27th. Evercore lowered shares of Siemens from an “outperform” rating to a “hold” rating in a report on Friday, October 2nd. Finally, Deutsche Bank reiterated a “hold” rating on shares of Siemens in a research report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

About Siemens

Siemens AG is a global technology company focused on industry, infrastructure and mobility. Its products and services include factory automation and industrial software, building and energy-management systems, electrical equipment, and rail vehicles and infrastructure. Founded in Berlin in 1847 by Werner von Siemens and Johann Georg Halske, the company has grown from a telegraph business into an international engineering and technology group. Siemens serves customers across markets worldwide, including manufacturing, transportation, utilities and commercial buildings.