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

Shares of Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) have been given an average recommendation of “Moderate Buy” by the twelve brokerages that are currently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and two have assigned a strong buy recommendation to the company.

Several research firms have recently commented on SMNEY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Siemens Energy in a report on Thursday, January 29th. Citigroup reaffirmed a “neutral” rating on shares of Siemens Energy in a report on Thursday, February 12th. UBS Group raised shares of Siemens Energy from a “strong sell” rating to a “buy” rating in a report on Friday, January 23rd. Zacks Research downgraded shares of Siemens Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Siemens Energy in a research note on Monday, April 27th.

Siemens Energy Price Performance

SMNEY opened at $124.60 on Friday. The firm has a market cap of $106.58 billion, a price-to-earnings ratio of 51.07 and a beta of 1.97. The company has a current ratio of 0.90, a quick ratio of 0.63 and a debt-to-equity ratio of 0.23. Siemens Energy has a twelve month low of $74.90 and a twelve month high of $176.73. The company has a fifty day simple moving average of $163.39 and a 200 day simple moving average of $153.76.

Siemens Energy (OTCMKTS:SMNEY) last announced its quarterly earnings data on Wednesday, February 11th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.06. Siemens Energy had a net margin of 4.75% and a return on equity of 18.48%. The company had revenue of $11.26 billion during the quarter, compared to analyst estimates of $11.95 billion. Equities research analysts expect that Siemens Energy will post 0.24 EPS for the current fiscal 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.