Siemens (OTCMKTS:SIEGY) Announces Quarterly Earnings Results, Beats Estimates By $0.16 EPS

Key Points

• Siemens reported **$1.44 earnings per share (EPS)** for the quarter, exceeding analysts' estimates of **$1.28** by **$0.16**.
• The company's net margin stands at **12.61%**, with a return on equity of **13.19%**.
• Brokerages have mixed ratings on Siemens stock, with an average rating of **"Hold"** and one investment analyst assigning a **sell** rating.

Siemens (OTCMKTS:SIEGY - Get Free Report) released its quarterly earnings results on Thursday. The technology company reported $1.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.28 by $0.16, Zacks reports. Siemens had a net margin of 12.61% and a return on equity of 13.19%.

Siemens Trading Up 3.2%

Shares of SIEGY stock opened at $132.00 on Friday. Siemens has a fifty-two week low of $84.82 and a fifty-two week high of $136.36. The company has a 50 day moving average price of $127.31 and a 200 day moving average price of $119.44. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.98 and a current ratio of 1.19. The stock has a market capitalization of $211.20 billion, a P/E ratio of 19.94, a price-to-earnings-growth ratio of 2.28 and a beta of 1.17.

Wall Street Analyst Weigh In

Several brokerages recently commented on SIEGY. Barclays reiterated an "underweight" rating on shares of Siemens in a report on Thursday, July 10th. Wall Street Zen lowered Siemens from a "buy" rating to a "hold" rating in a report on Wednesday, May 28th. Finally, Morgan Stanley reissued an "overweight" rating on shares of Siemens in a research report on Wednesday, July 30th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Siemens has an average rating of "Hold".

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.

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