Siemens (SIEGY) to Release Quarterly Earnings on Thursday

Siemens (OTCMKTS:SIEGY - Get Free Report) is anticipated to release 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 earnings results on Thursday, May 15th. The technology company reported $1.49 earnings per share for the quarter, beating 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 firm had revenue of $22.15 billion during 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 Stock Performance

OTCMKTS:SIEGY traded down $4.25 during midday trading on Friday, reaching $123.60. 180,033 shares of the company traded hands, compared to its average volume of 153,171. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.19 and a quick ratio of 0.98. The company has a fifty day moving average price of $126.78 and a 200 day moving average price of $118.55. The firm has a market capitalization of $197.76 billion, a price-to-earnings ratio of 24.17, a price-to-earnings-growth ratio of 2.28 and a beta of 1.17. Siemens has a twelve month low of $83.64 and a twelve month high of $136.36.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on SIEGY shares. Morgan Stanley restated an "overweight" rating on shares of Siemens in a research note on Wednesday. Barclays reissued an "underweight" rating on shares of Siemens in a report on Thursday, July 10th. Finally, Wall Street Zen lowered shares of Siemens from a "buy" rating to a "hold" rating in a research report on Wednesday, May 28th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently 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.