Erste Group Bank Forecasts OTCMKTS:SBGSY FY2027 Earnings

Schneider Electric SE (OTCMKTS:SBGSY) – Equities research analysts at Erste Group Bank lowered their FY2027 earnings estimates for shares of Schneider Electric in a report released on Monday, July 27th. Erste Group Bank analyst H. Engel now anticipates that the industrial products company will post earnings per share of $2.66 for the year, down from their prior estimate of $2.67. Erste Group Bank currently has a “Strong-Buy” rating on the stock. The consensus estimate for Schneider Electric’s current full-year earnings is $2.38 per share.

A number of other analysts have also weighed in on the stock. Berenberg Bank upgraded shares of Schneider Electric to a “strong-buy” rating in a research report on Monday, June 1st. Barclays reiterated an “overweight” rating on shares of Schneider Electric in a report on Monday, July 6th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Schneider Electric in a research note on Monday, June 29th. Three investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Schneider Electric Price Performance

Shares of Schneider Electric stock opened at $65.77 on Friday. The firm’s 50 day moving average is $62.62 and its 200 day moving average is $60.67. Schneider Electric has a 1 year low of $48.68 and a 1 year high of $67.16. The company has a quick ratio of 0.90, a current ratio of 1.19 and a debt-to-equity ratio of 0.61.

About Schneider Electric

Schneider Electric is a global specialist in energy management and automation solutions, offering products and services that help customers optimize the use of electrical power and industrial processes. Headquartered in Rueil-Malmaison, France, the company traces its industrial roots back to the 19th century and has evolved into a technology-driven provider of electrical distribution, control and automation equipment, and related software and services.

The company’s portfolio spans low- and medium-voltage electrical distribution, building and home automation, industrial automation and control systems, critical power and cooling for data centers, and integrated software platforms that enable monitoring, analytics and remote operations.