Erste Group Bank Forecasts OTCMKTS:SBGSY FY2027 Earnings

Key Points

• Erste Group Bank raised Schneider Electric’s FY2027 EPS forecast to $2.82 from $2.66 and maintained a “Strong-Buy” rating, above the current full-year consensus estimate of $2.34.
• Analyst sentiment is broadly positive: four analysts rate the stock a Strong Buy and seven rate it Buy, giving Schneider Electric an overall MarketBeat rating of “Buy.”
• Schneider Electric shares opened at $69.57, near their 52-week high of $70.73, while institutional investors own 0.83% of the company; one investor modestly increased its stake during the second quarter.

Schneider Electric SE (OTCMKTS:SBGSY - Free Report) - Stock analysts at Erste Group Bank lifted their FY2027 earnings estimates for Schneider Electric in a research report issued on Wednesday, August 5th. Erste Group Bank analyst H. Engel now forecasts that the industrial products company will post earnings per share of $2.82 for the year, up from their previous forecast of $2.66. Erste Group Bank has a "Strong-Buy" rating on the stock. The consensus estimate for Schneider Electric's current full-year earnings is $2.34 per share.

A number of other analysts have also recently commented on the company. Morgan Stanley reiterated an "overweight" rating on shares of Schneider Electric in a research report on Monday, June 29th. Zacks Research raised Schneider Electric from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 5th. Berenberg Bank raised Schneider Electric to a "strong-buy" rating in a research report on Monday, June 1st. Finally, Barclays restated an "overweight" rating on shares of Schneider Electric in a report on Monday, July 6th. Four analysts have rated the stock with a Strong Buy rating and seven have issued a Buy rating to the stock. According to MarketBeat.com, Schneider Electric currently has an average rating of "Buy".

Schneider Electric Stock Down 0.5%

SBGSY stock opened at $69.57 on Tuesday. The firm has a 50 day moving average price of $63.43 and a 200-day moving average price of $61.37. Schneider Electric has a 52-week low of $48.68 and a 52-week high of $70.73. The company has a current ratio of 1.19, a quick ratio of 0.90 and a debt-to-equity ratio of 0.61.

Hedge Funds Weigh In On Schneider Electric

An institutional investor recently raised its position in Schneider Electric stock. Notis McConarty Edward increased its stake in Schneider Electric SE (OTCMKTS:SBGSY - Free Report) by 0.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 85,119 shares of the industrial products company's stock after purchasing an additional 425 shares during the quarter. Schneider Electric accounts for 2.4% of Notis McConarty Edward's investment portfolio, making the stock its 17th largest position. Notis McConarty Edward's holdings in Schneider Electric were worth $5,548,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 0.83% of the company's stock.

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.

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