Siemens AG (SIEGY) Receives Average Rating of “Hold” from Analysts
Siemens AG (NASDAQ:SIEGY) has received a consensus rating of “Hold” from the five ratings firms that are covering the company. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has assigned a buy recommendation to the company.
Separately, Zacks Investment Research raised Siemens AG from a “sell” rating to a “hold” rating in a research report on Wednesday, May 10th.
Shares of Siemens AG (NASDAQ:SIEGY) traded up 0.64% during mid-day trading on Friday, reaching $71.86. The company’s stock had a trading volume of 90,894 shares. Siemens AG has a 1-year low of $47.72 and a 1-year high of $73.05. The company’s 50-day moving average is $70.02 and its 200 day moving average is $63.99. The firm has a market capitalization of $116.44 billion and a P/E ratio of 18.60.
Siemens AG (NASDAQ:SIEGY) last announced its quarterly earnings data on Thursday, May 4th. The technology company reported $0.91 EPS for the quarter, missing the Zacks’ consensus estimate of $0.98 by $0.07. The firm had revenue of $21.54 billion during the quarter, compared to analyst estimates of $21.74 billion. On average, analysts expect that Siemens AG will post $4.25 earnings per share for the current year.
Siemens AG Company Profile
Siemens AG is a technology company with activities in the fields of electrification, automation and digitalization. The Company is also a supplier of systems for power generation and transmission, as well as medical diagnosis. It operates through nine segments: Power and Gas; Wind Power and Renewables; Energy Management; Building Technologies; Mobility; Digital Factory; Process Industries and Drives; Healthineers, and Financial Services.
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