Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Issues Quarterly Earnings Results

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) issued its earnings results on Thursday. The technology company reported $1.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.25 by ($0.08), MarketWatch Earnings reports. Siemens Aktiengesellschaft had a net margin of 14.47% and a return on equity of 21.30%.

Siemens Aktiengesellschaft Price Performance

Shares of OTCMKTS SIEGY opened at $79.72 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.06 and a current ratio of 1.33. Siemens Aktiengesellschaft has a fifty-two week low of $63.31 and a fifty-two week high of $91.34. The firm has a market capitalization of $127.55 billion, a PE ratio of 10.88, a price-to-earnings-growth ratio of 0.53 and a beta of 1.15. The stock’s 50-day simple moving average is $70.35 and its 200-day simple moving average is $77.68.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Berenberg Bank raised Siemens Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Monday, August 14th. Sanford C. Bernstein raised Siemens Aktiengesellschaft from a “market perform” rating to an “outperform” rating in a research report on Monday, September 4th. Finally, Barclays assumed coverage on Siemens Aktiengesellschaft in a research report on Monday, September 11th. They issued an “underweight” rating on the stock.

Siemens Aktiengesellschaft Company Profile

Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services segments.