Siemens AG (OTCMKTS:SIEGY) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Siemens AG has been assigned a consensus rating of "Hold" by analysts, with one sell rating, five hold ratings, one buy rating, and one strong buy rating.
• In its latest quarterly earnings, Siemens reported $1.44 EPS, exceeding analysts' consensus estimates of $1.28, with revenues reaching $22.52 billion.
• Siemens has a market capitalization of approximately $221.68 billion and a PE ratio of 20.53, reflecting its current financial standing.

Siemens AG (OTCMKTS:SIEGY - Get Free Report) has been given a consensus rating of "Hold" by the nine analysts that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of equities research analysts have commented on SIEGY shares. Zacks Research cut Siemens from a "strong-buy" rating to a "hold" rating in a report on Friday, August 22nd. Sanford C. Bernstein cut Siemens from a "strong-buy" rating to a "hold" rating in a report on Tuesday. Barclays reaffirmed an "underweight" rating on shares of Siemens in a report on Thursday, July 10th. Morgan Stanley reaffirmed an "overweight" rating on shares of Siemens in a report on Wednesday, July 30th. Finally, Wall Street Zen cut Siemens from a "buy" rating to a "hold" rating in a report on Wednesday, May 28th.

Siemens Price Performance

OTCMKTS:SIEGY traded down $0.23 on Friday, reaching $134.19. 120,612 shares of the company's stock traded hands, compared to its average volume of 125,017. The company has a quick ratio of 0.98, a current ratio of 1.50 and a debt-to-equity ratio of 0.70. The stock has a 50-day simple moving average of $132.20 and a 200-day simple moving average of $123.10. The firm has a market cap of $214.70 billion, a PE ratio of 19.88, a P/E/G ratio of 2.59 and a beta of 1.17. Siemens has a 12 month low of $88.33 and a 12 month high of $140.19.

Siemens (OTCMKTS:SIEGY - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The technology company reported $1.44 EPS for the quarter, beating analysts' consensus estimates of $1.28 by $0.16. The business had revenue of $22.52 billion for the quarter, compared to analysts' expectations of $19.17 billion. Siemens had a return on equity of 12.61% and a net margin of 12.59%. Equities research analysts forecast that Siemens will post 6.59 earnings per share for the current year.

Siemens Company Profile

Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services (SFS) segments.