Siemens (OTCMKTS:SIEGY) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS

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

Siemens Stock Performance

OTCMKTS SIEGY traded up $0.99 during trading hours on Thursday, hitting $155.46. The company had a trading volume of 60,054 shares, compared to its average volume of 196,434. The business has a 50 day moving average of $152.60 and a 200-day moving average of $149.79. The company has a market cap of $243.13 billion, a PE ratio of 26.34, a price-to-earnings-growth ratio of 10.11 and a beta of 1.47. Siemens has a 1-year low of $115.56 and a 1-year high of $169.47. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.18 and a current ratio of 1.44.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on SIEGY shares. Zacks Research lowered Siemens from a “hold” rating to a “strong sell” rating in a research report on Monday, October 26th. Erste Group Bank raised Siemens from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 27th. Evercore lowered shares of Siemens from an “outperform” rating to a “hold” rating in a research note on Friday, October 2nd. Jefferies Financial Group cut shares of Siemens from a “buy” rating to a “hold” rating in a report on Thursday, October 15th. Finally, Deutsche Bank restated a “hold” rating on shares of Siemens in a research report on Monday, August 3rd. One 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 company’s stock. Based on data from MarketBeat, the stock has a consensus 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.