Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Cut to "Hold" at Wall Street Zen

Wall Street Zen downgraded shares of Siemens Aktiengesellschaft (OTCMKTS:SIEGY - Free Report) from a buy rating to a hold rating in a research note published on Wednesday.

Separately, Royal Bank of Canada cut Siemens Aktiengesellschaft from a "moderate buy" rating to a "hold" rating in a report on Wednesday, March 19th. Four analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Siemens Aktiengesellschaft currently has a consensus rating of "Hold".

Siemens Aktiengesellschaft Trading Down 0.3%

SIEGY traded down $0.33 during trading hours on Wednesday, reaching $120.71. 183,519 shares of the company's stock traded hands, compared to its average volume of 319,197. The firm has a 50-day moving average price of $114.79 and a 200 day moving average price of $109.69. Siemens Aktiengesellschaft has a 52-week low of $83.64 and a 52-week high of $131.87. The company has a quick ratio of 1.15, a current ratio of 1.40 and a debt-to-equity ratio of 0.73. The firm has a market capitalization of $193.14 billion, a PE ratio of 18.54, a PEG ratio of 3.27 and a beta of 1.22.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The technology company reported $1.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.27 by $0.22. Siemens Aktiengesellschaft had a return on equity of 13.82% and a net margin of 12.41%. The company had revenue of $22.15 billion during the quarter, compared to analysts' expectations of $19.28 billion. As a group, sell-side analysts predict that Siemens Aktiengesellschaft will post 6.59 EPS for the current fiscal year.

About Siemens Aktiengesellschaft

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.