Schneider Electric (SBGSY) Expected to Release Quarterly Earnings on Thursday

Schneider Electric (OTCMKTS:SBGSY) is expected to be posting its resultson Thursday, July 30th. Analysts expect the company to announce earnings of $1.01 per share and revenue of $23.8472 billion for the quarter.

Schneider Electric Stock Down 0.2%

OTCMKTS:SBGSY opened at $61.23 on Thursday. The company has a quick ratio of 0.90, a current ratio of 1.19 and a debt-to-equity ratio of 0.61. The stock has a 50 day moving average of $62.66 and a 200-day moving average of $60.45. Schneider Electric has a 52 week low of $48.68 and a 52 week high of $67.16.

Analysts Set New Price Targets

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

Schneider Electric Company Profile

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.