Siemens (SIEGY) Expected to Announce Quarterly Earnings on Thursday

Siemens (OTCMKTS:SIEGY) is projected to post its results before the market opens on Thursday, November 12th. Analysts expect the company to post earnings of $1.62 per share and revenue of $26.13 billion for the quarter.

Siemens Price Performance

Shares of OTCMKTS SIEGY opened at $153.23 on Tuesday. The business has a fifty day moving average price of $152.97 and a two-hundred day moving average price of $149.77. The stock has a market capitalization of $239.65 billion, a PE ratio of 25.96, a P/E/G ratio of 10.33 and a beta of 1.47. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.44 and a quick ratio of 1.18. Siemens has a fifty-two week low of $115.56 and a fifty-two week high of $169.47.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Jefferies Financial Group cut Siemens from a “buy” rating to a “hold” rating in a research report on Thursday, October 15th. Erste Group Bank upgraded shares of Siemens from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 27th. Evercore cut Siemens from an “outperform” rating to a “hold” rating in a research note on Friday, October 2nd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Siemens in a report on Monday, August 3rd. Finally, Zacks Research downgraded Siemens from a “hold” rating to a “strong sell” rating in a research report on Monday, October 26th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold”.

Siemens Company Profile

Siemens AG is a global technology company focused on industry, infrastructure and mobility. Its products and services include factory automation and industrial software, building and energy-management systems, electrical equipment, and rail vehicles and infrastructure.

Founded in Berlin in 1847 by Werner von Siemens and Johann Georg Halske, the company has grown from a telegraph business into an international engineering and technology group. Siemens serves customers across markets worldwide, including manufacturing, transportation, utilities and commercial buildings.

Siemens is headquartered in Munich and Berlin, Germany.