The most recent trading session ended with Siemens AG (SIEGY) standing at $95.43, reflecting a -0.84% change from the previous trading day’s close. This change trailed the S&P 500’s daily gain of 0.11%. Elsewhere, the Dow saw a rise of 0.12%, while the tech-heavy Nasdaq depreciated by 0.12%.
The company’s stock fell 1.04% in the past month, lagging the Industrial Products sector’s gain of 7.65% and the S&P 500’s gain of 3.55%.
The investment community will be paying close attention to Siemens AG’s earnings performance in its next release. In that report, analysts expect Siemens AG to post earnings of $1.24 per share. This would mark a year-on-year decline of 46.78%. Meanwhile, our current consensus estimate predicts that revenue will be $20.75 billion, indicating a 0.4% decline compared to the corresponding quarter of the previous year.
For the full year, the Zacks Consensus Estimates forecast earnings of $5.76 per share and revenue of $87.7 billion, which would represent changes of +8.88% and +4.78%, respectively, from the previous year.
Additionally, investors should keep an eye on some recent revisions to analyst forecasts for Siemens AG. These latter adjustments often reflect the changing dynamics of short-term trading patterns. As a result, optimistic changes in ratings indicate a favorable outlook of analysts about the business health and profitability of the company.
Our research suggests that these changes in valuations have a direct relationship with upcoming stock price performance. To take advantage of this, we created the Zacks Rank, a unique model that incorporates these rating changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), maintains an admirable record of outperformance, independently verified, with #1 stocks contributing an average annual return of +25% since 1988. More than the last month, the Zacks Consensus EPS estimate changed 0.97% down. Siemens AG is currently Zacks Rank #3 (Hold).
Looking at its valuation, Siemens AG holds a Forward P/E ratio of 16.7. Its industry has an average Forward P/E of 16.98, so one could conclude that Siemens AG trades at a discount in comparison.
We can additionally observe that SIEGY currently boasts a PEG ratio of 2.42. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock’s expected earnings growth. The SIEGY industry had an average PEG ratio of 1.39 as of yesterday’s close.
The Industrial Services industry is part of the Industrial Products sector. Currently, this industry has a Zacks Industry Rank of 183, placing it in the bottom 28% of more than 250 industries.
The Zacks Industry Rank assesses the strength of our particular industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock metrics, and many more, at Zacks.com.
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Siemens AG (SIEGY): Free Analysis Report
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