Siemens AG (NASDAQ:SIEGY) announced its quarterly earnings data on Thursday. The technology company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.11, Morningstar.com reports. Siemens AG had a return on equity of 14.92% and a net margin of 7.21%. The company had revenue of $23.53 billion for the quarter, compared to analysts’ expectations of $25.30 billion.

Siemens AG (SIEGY) traded down 1.41% during midday trading on Friday, reaching $65.66. The company had a trading volume of 430,226 shares. The firm has a market capitalization of $106.39 billion and a price-to-earnings ratio of 15.94. The stock’s 50 day moving average is $69.21 and its 200 day moving average is $68.10. Siemens AG has a 12-month low of $53.61 and a 12-month high of $73.42.

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A number of equities research analysts recently weighed in on SIEGY shares. Zacks Investment Research cut Siemens AG from a “hold” rating to a “sell” rating in a research note on Wednesday, May 3rd. ValuEngine upgraded Siemens AG from a “hold” rating to a “buy” rating in a research note on Saturday, June 3rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. Siemens AG has an average rating of “Hold”.

About Siemens AG

Siemens AG is a Germany-based technology company with activities in the fields of electrification, automation and digitalization. It 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.

Earnings History for Siemens AG (NASDAQ:SIEGY)

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