Siemens Stock Gets Weaker EPS Forecast from Erste Group Bank

Siemens AG (OTCMKTS:SIEGY – Free Report) – Stock analysts at Erste Group Bank decreased their FY2027 EPS estimates for Siemens in a research report issued to clients and investors on Thursday, October 8th. Erste Group Bank analyst H. Engel now expects that the technology company will post earnings of $7.27 per share for the year, down from their prior forecast of $7.50. Erste Group Bank has a “Strong-Buy” rating on the stock. The consensus estimate for Siemens’ current full-year earnings is $6.34 per share.

Siemens (OTCMKTS:SIEGY – Get Free Report) last posted its earnings results on Thursday, August 6th. The technology company reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $1.50 by $0.19. The company had revenue of $24.02 billion during the quarter, compared to analyst estimates of $23.57 billion. Siemens had a return on equity of 11.13% and a net margin of 9.79%. Siemens has set its FY 2026 guidance at 6.510-6.685 EPS.

Other equities research analysts have also recently issued reports about the company. Barclays restated an “underweight” rating on shares of Siemens in a research note on Monday, July 6th. Evercore downgraded shares of Siemens from an “outperform” rating to a “hold” rating in a report on Friday, October 2nd. Kepler Capital Markets raised shares of Siemens from a “strong sell” rating to a “hold” rating in a research report on Friday, July 3rd. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Siemens in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Siemens presently has an average rating of “Moderate Buy”.

Get Our Latest Stock Analysis on Siemens

Siemens Trading Up 0.2%

Shares of OTCMKTS:SIEGY opened at $153.64 on Wednesday. The company has a market capitalization of $240.29 billion, a PE ratio of 26.26, a P/E/G ratio of 10.28 and a beta of 1.41. The company has a current ratio of 1.44, a quick ratio of 1.18 and a debt-to-equity ratio of 0.55. Siemens has a 12-month low of $115.56 and a 12-month high of $169.47. The business’s fifty day simple moving average is $158.11 and its 200-day simple moving average is $152.82.

Hedge Funds Weigh In On Siemens

A hedge fund recently raised its position in Siemens stock. Ferguson Wellman Capital Management Inc. increased its stake in Siemens AG (OTCMKTS:SIEGY – Free Report) by 0.3% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 210,670 shares of the technology company’s stock after purchasing an additional 655 shares during the period. Ferguson Wellman Capital Management Inc.’s holdings in Siemens were worth $33,899,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 0.75% of the company’s stock.

Siemens Company Profile

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Siemens AG is a German technology company that provides products, software and services for industry, infrastructure, mobility and healthcare. Its offerings include industrial automation and control systems, manufacturing software, building-management and electrification technologies, energy distribution equipment, rail vehicles and transportation infrastructure, and digital solutions designed to improve operational efficiency and sustainability.

The company operates through businesses including Digital Industries, Smart Infrastructure and Mobility.

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Earnings History and Estimates for Siemens (OTCMKTS:SIEGY)

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