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

Shares of Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) have been given a consensus rating of “Moderate Buy” by the twelve brokerages that are currently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating on the company.

Several research analysts recently weighed in on the stock. Zacks Research cut shares of Siemens Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 10th. UBS Group raised Siemens Energy from a “strong sell” rating to a “buy” rating in a research report on Friday, January 23rd. Citigroup restated a “neutral” rating on shares of Siemens Energy in a report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Siemens Energy in a research note on Thursday, January 29th. Finally, Evercore initiated coverage on shares of Siemens Energy in a research note on Monday, December 15th. They set an “outperform” rating on the stock.

Siemens Energy Stock Up 2.5%

Shares of OTCMKTS SMNEY opened at $175.64 on Tuesday. The firm’s 50-day moving average is $165.82 and its 200-day moving average is $138.06. 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 has a 1 year low of $50.60 and a 1 year high of $176.73. The firm has a market capitalization of $150.23 billion, a PE ratio of 71.98 and a beta of 2.06.

Siemens Energy (OTCMKTS:SMNEY) last issued its earnings results on Wednesday, February 11th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.85 by $0.06. Siemens Energy had a net margin of 4.75% and a return on equity of 18.48%. The company had revenue of $11.26 billion during the quarter, compared to analysts’ expectations of $11.95 billion. Equities analysts expect that Siemens Energy will post 0.24 EPS for the current year.

About Siemens Energy

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.