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

Key Points

• Siemens Energy AG Unsponsored ADR has received a consensus recommendation of "Moderate Buy" from analysts, with ratings varying from sell to strong buy.
• On August 6th, the company reported quarterly earnings of $0.79 per share, significantly exceeding the consensus estimate of $0.31, alongside revenues of $11.06 billion.
• The company's stock was up 1.8% recently, and it has a market capitalization of $83.88 billion with a notable P/E ratio of 88.93.

Shares of Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY - Get Free Report) have earned an average recommendation of "Moderate Buy" from the six analysts that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and two have issued a strong buy rating on the company.

A number of analysts have recently issued reports on SMNEY shares. Hsbc Global Res upgraded Siemens Energy to a "strong-buy" rating in a report on Friday, September 5th. Morgan Stanley reiterated an "overweight" rating on shares of Siemens Energy in a report on Friday, August 8th. Finally, Zacks Research upgraded Siemens Energy from a "hold" rating to a "strong-buy" rating in a report on Monday, September 1st.

Siemens Energy Trading Down 1.4%

Shares of OTCMKTS:SMNEY traded down $1.52 during trading on Tuesday, reaching $109.27. 50,293 shares of the stock were exchanged, compared to its average volume of 101,916. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.62 and a current ratio of 0.90. Siemens Energy has a 12-month low of $31.71 and a 12-month high of $121.65. The firm has a market cap of $87.34 billion, a price-to-earnings ratio of 92.60, a price-to-earnings-growth ratio of 1.51 and a beta of 2.06. The firm's 50-day moving average price is $109.99 and its 200 day moving average price is $90.75.

Siemens Energy (OTCMKTS:SMNEY - Get Free Report) last issued its earnings results on Wednesday, August 6th. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.31 by $0.48. Siemens Energy had a return on equity of 9.57% and a net margin of 2.50%.The business had revenue of $11.06 billion during the quarter, compared to analysts' expectations of $10.64 billion. On average, sell-side analysts anticipate that Siemens Energy will post 0.24 earnings per share for the current fiscal year.

Siemens Energy Company Profile

Siemens Energy AG operates as an energy technology company worldwide. It operates through Gas Services, Grid Technologies, Transformation of Industry, and Siemens Gamesa segments. The company provides gas and steam turbines, generators, and heat pumps, as well as performance enhancement, maintenance, customer training, and professional consulting services for central and distributed power generation; and high voltage direct current transmission systems, offshore windfarm grid connections, transformers, flexible alternating current transmission systems, high voltage substations, air and gas-insulated switchgears, digital grid solutions and components, and storage solutions.