Siemens Energy falls at 35.17 EUR: What is behind the decline?

Siemens Energy falls at 35.17 EUR: What is behind the decline?

Developments related to Siemens Energy share are currently attracting attention to the stock market. On Tuesday morning, at 3:52 p.m., the share in Xetra trading was traded at a price of 35.17 euros, which corresponds to a decline of 2.6 percent compared to the trading day. This devaluation was remarkable because the share was still 36.07 euros at the start of the trade. Overall, a total of 1,381,181 shares changed the owner.

On October 15, 2024, the Siemens Energy share reached its highest level of the past 52 weeks with a course of up to 36.62 euros. This is 4.12 percent above the current course, while the recent decline in the share has also been important since October 27, 2023, when it fell to a 52-week low of 6.40 euros. In order to sink to this deep, the stock would have to lose 81.80 percent in value, which illustrates the current concerns of investors.

As the last reports show, shareholders from Siemens Energy will receive a dividend of zero euros for 2023, while a distribution of EUR 0.063 will be forecast for the coming year. Experts have set an average price target of 29.20 euros in terms of the perspectives for the share in the coming months. The balance for the quarter ending on June 30, 2024 was published on August 7, 2024 and showed a negative result per share (EPS) of -0.16 euros. For comparison: In the same period of the previous year, the EPS was -3.42 euros. Despite the negative EPS, Siemens Energy was able to achieve sales of 8.80 billion euros in the last quarter, which represents an increase of 17.20 percent compared to the 7.51 billion euros of the previous year.

The publication of the profit and sales figures for the fourth quarter 2024 is on the agenda on November 13, 2024, while the balance of Q4 2025 for November 18, 2025 is expected. Analysts forecast a positive EPS of 0.344 euros per share for 2024, which could represent a potential turning point for the company.

These developments around Siemens Energy are important for investors and market observers who analyze the dynamics of the stock and the future performance of the company. At a time when the energy sector is under pressure worldwide, Siemens Energy's ability to work profitably and show positive growth trends is particularly examined. Sales and forecasts of analysts will continue to have a significant impact on market reactions.

For further details on the current situation of Siemens Energy, comprehensive information on www.finance.net can be read.