Siemens (OTCMKTS:SIEGY) Announces Earnings Results, Beats Estimates By $0.01 EPS

Siemens (OTCMKTS:SIEGY) released its earnings results on Thursday. The technology company reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.61 by $0.01, Zacks reports. Siemens had a return on equity of 11.13% and a net margin of 9.79%. Siemens updated its FY 2027 guidance to 5.870-6.215 EPS.

Siemens Stock Up 0.6%

OTCMKTS SIEGY traded up $0.99 during trading hours on Thursday, hitting $155.46. 60,054 shares of the company were exchanged, compared to its average volume of 196,434. The company has a quick ratio of 1.18, a current ratio of 1.44 and a debt-to-equity ratio of 0.55. The firm has a market cap of $243.13 billion, a price-to-earnings ratio of 26.34, a PEG ratio of 10.11 and a beta of 1.47. The company has a 50 day moving average of $152.60 and a two-hundred day moving average of $149.79. Siemens has a 52-week low of $115.56 and a 52-week high of $169.47.

Analyst Upgrades and Downgrades

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