Siemens Energy (SMNEY) to Release Quarterly Earnings on Wednesday

Siemens Energy (OTCMKTS:SMNEY) is projected to release its results before the market opens on Wednesday, February 11th. Analysts expect Siemens Energy to post earnings of $0.85 per share and revenue of $11.9478 billion for the quarter.

Siemens Energy Stock Performance

Shares of Siemens Energy stock opened at $175.64 on Monday. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.90 and a quick ratio of 0.63. The firm has a 50 day simple moving average of $150.66 and a 200 day simple moving average of $128.88. Siemens Energy has a fifty-two week low of $50.60 and a fifty-two week high of $176.73. The firm has a market cap of $150.23 billion, a P/E ratio of 99.23 and a beta of 1.96.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Sanford C. Bernstein started coverage on Siemens Energy in a research report on Wednesday, January 7th. They set an “outperform” rating for the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Siemens Energy in a research report on Thursday, January 29th. Royal Bank Of Canada restated an “outperform” rating on shares of Siemens Energy in a research report on Friday, November 21st. Evercore initiated coverage on shares of Siemens Energy in a research note on Monday, December 15th. They issued an “outperform” rating on the stock. Finally, UBS Group upgraded shares of Siemens Energy from a “strong sell” rating to a “buy” rating in a research report on Friday, January 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy”.

About Siemens Energy

Siemens Energy AG is a global energy technology company headquartered in Germany that provides equipment, systems and services across the power generation and transmission value chains. Established as an independent public company through a spin-off of Siemens AG’s energy businesses in 2020, Siemens Energy draws on a long industrial heritage to design, manufacture and service technologies used by utilities, industrial customers and the oil and gas sector.

The company’s product and service portfolio includes gas and steam turbines, generators, transformers and high-voltage transmission equipment as well as grid connection and power-conversion systems.