
Schneider Electric SE (OTCMKTS:SBGSY – Free Report) – Equities researchers at Erste Group Bank lifted their FY2027 earnings per share (EPS) estimates for shares of Schneider Electric in a report issued on Wednesday, August 5th. Erste Group Bank analyst H. Engel now expects that the industrial products company will earn $2.82 per share for the year, up from their prior forecast of $2.66. Erste Group Bank currently has a “Strong-Buy” rating on the stock. The consensus estimate for Schneider Electric’s current full-year earnings is $2.34 per share.
SBGSY has been the subject of several other research reports. Zacks Research raised shares of Schneider Electric from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Morgan Stanley reiterated an “overweight” rating on shares of Schneider Electric in a report on Monday, June 29th. Barclays reiterated an “overweight” rating on shares of Schneider Electric in a research report on Monday, July 6th. Finally, Berenberg Bank upgraded Schneider Electric to a “strong-buy” rating in a report on Monday, June 1st. Four equities research analysts have rated the stock with a Strong Buy rating and seven have given a Buy rating to the company. According to MarketBeat, Schneider Electric presently has an average rating of “Buy”.
Schneider Electric Trading Down 0.5%
OTCMKTS:SBGSY opened at $69.57 on Tuesday. The business’s 50 day moving average is $63.43 and its two-hundred day moving average is $61.37. The company has a quick ratio of 0.90, a current ratio of 1.19 and a debt-to-equity ratio of 0.61. Schneider Electric has a 52 week low of $48.68 and a 52 week high of $70.73.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Schneider Electric stock. Notis McConarty Edward lifted its position in shares of Schneider Electric SE (OTCMKTS:SBGSY – Free Report) by 0.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 85,119 shares of the industrial products company’s stock after purchasing an additional 425 shares during the period. Schneider Electric accounts for 2.4% of Notis McConarty Edward’s portfolio, making the stock its 17th largest holding. Notis McConarty Edward’s holdings in Schneider Electric were worth $5,548,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.83% of the company’s stock.
Schneider Electric Company Profile
Schneider Electric is a global specialist in energy management and automation solutions, offering products and services that help customers optimize the use of electrical power and industrial processes. Headquartered in Rueil-Malmaison, France, the company traces its industrial roots back to the 19th century and has evolved into a technology-driven provider of electrical distribution, control and automation equipment, and related software and services.
The company’s portfolio spans low- and medium-voltage electrical distribution, building and home automation, industrial automation and control systems, critical power and cooling for data centers, and integrated software platforms that enable monitoring, analytics and remote operations.
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