Siemens (SIEGY) to Release Earnings on Thursday

Siemens (OTCMKTS:SIEGY - Get Free Report) will likely be releasing its earnings data on Thursday, August 7th. Analysts expect Siemens to post earnings of $1.28 per share and revenue of $19.17 billion for the quarter.

Siemens (OTCMKTS:SIEGY - Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The technology company reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.22. Siemens had a net margin of 12.61% and a return on equity of 13.19%. The business had revenue of $22.15 billion for the quarter, compared to analyst estimates of $19.28 billion. On average, analysts expect Siemens to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Siemens Trading Down 3.3%

Siemens stock traded down $4.25 during midday trading on Friday, hitting $123.60. 180,033 shares of the stock were exchanged, compared to its average volume of 153,171. The company has a fifty day simple moving average of $126.84 and a two-hundred day simple moving average of $118.84. Siemens has a 52 week low of $83.64 and a 52 week high of $136.36. The stock has a market capitalization of $197.76 billion, a PE ratio of 18.67, a P/E/G ratio of 2.21 and a beta of 1.17. The company has a quick ratio of 0.98, a current ratio of 1.19 and a debt-to-equity ratio of 0.61.

Wall Street Analyst Weigh In

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

About Siemens

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.