Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) has earned an average recommendation of “Moderate Buy” from the twelve analysts that are covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and two have issued a strong buy recommendation on the company.

Several research analysts recently weighed in on SMNEY shares. Morgan Stanley reiterated an “overweight” rating on shares of Siemens Energy in a research report on Monday, December 8th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Siemens Energy in a research report on Thursday, January 29th. Sanford C. Bernstein initiated coverage on Siemens Energy in a report on Wednesday, January 7th. They set an “outperform” rating for the company. UBS Group raised Siemens Energy from a “strong sell” rating to a “buy” rating in a research report on Friday, January 23rd. Finally, Citigroup restated a “neutral” rating on shares of Siemens Energy in a report on Thursday, February 12th.

Siemens Energy Price Performance

Shares of SMNEY stock opened at $175.64 on Friday. 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 company has a market capitalization of $150.23 billion, a PE ratio of 71.98 and a beta of 2.06. The firm’s 50-day moving average is $174.10 and its two-hundred day moving average is $145.41. Siemens Energy has a 12 month low of $50.60 and a 12 month high of $176.73.

Siemens Energy (OTCMKTS:SMNEY) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.06. The business had revenue of $11.26 billion during the quarter, compared to analysts’ expectations of $11.95 billion. Siemens Energy had a net margin of 4.75% and a return on equity of 18.48%. Analysts predict that Siemens Energy will post 0.24 earnings per share for the current year.

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.