Siemens(SIEGY)
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Artificial Intelligence (AI) in Medical Diagnostics Strategic Research Report 2024-2030 Featuring Agfa Healthcare, Aidoc, AliveCor, Caption Health, Elevance, HeartFlow, Intelegain, Siemens, VisualDx
GlobeNewswire News Room· 2024-07-11 09:06
Looking forward, the role of AI in healthcare is set to expand, promising substantial improvements in patient care through more accurate diagnostics, personalized treatments, and by ultimately enhancing the overall efficiency of healthcare services. Agfa Healthcare Corporation Aidoc AliveCor, Inc. Caption Health Elevance Health, Inc. HeartFlow Intelegain Technologies Siemens Healthineers AG VisualDx | --- | --- | |---------------------------------------|--------------| | | | | Report Attribute | Details | | ...
German giant Siemens to revive historic base in Berlin
TechXplore· 2024-06-25 18:23
The Siemensstadt Square "district of the future" will include new living space for up to 7,000 people and create 20,000 additional jobs at the site, where Siemens still manufactures today, the company said. The 76-hectare site, due to be completed by 2035, will include homes, factories and research centers as well as offices, shops and educational, sports and leisure facilities. The project is a way of "reconciling uses" and showing that "industrial activity still has a place in our cities", said Roland Bus ...
SIEGY vs. ASHTY: Which Stock Is the Better Value Option?
ZACKS· 2024-06-06 16:41
Investors interested in Industrial Services stocks are likely familiar with Siemens AG (SIEGY) and Ashtead Group PLC (ASHTY) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on earnings e ...
SIEGY vs. ASHTY: Which Stock Should Value Investors Buy Now?
zacks.com· 2024-05-21 16:40
Investors interested in stocks from the Industrial Services sector have probably already heard of Siemens AG (SIEGY) and Ashtead Group PLC (ASHTY) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, an ...
Siemens(SIEGY) - 2024 Q2 - Earnings Call Transcript
2024-05-16 12:57
We are -- and if you talk about recent acquisitions done in particular in the EDA and simulation space, these are tremendous multiples, which we see there and premiums. We have to be also careful with our shareholders' money when it comes to M&A. So we don't do stupid things there. And it feels good. I'm saying that also -- always to Ralf, it feels good to have a good net cash position. By the way, also, it's good to feel to have a CFO who has a tight handle on the balance sheet so that we are ready to stri ...
Siemens AG (SIEGY) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-04-05 23:06
Siemens AG (SIEGY) closed at $93.66 in the latest trading session, marking a -0.15% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 1.11% for the day. Meanwhile, the Dow gained 0.8%, and the Nasdaq, a tech-heavy index, added 1.24%.Heading into today, shares of the company had lost 5.8% over the past month, lagging the Industrial Products sector's gain of 4.27% and the S&P 500's gain of 0.48% in that time.Investors will be eagerly watching for the performance of Sieme ...
Wall Street Bulls Look Optimistic About Siemens AG (SIEGY): Should You Buy?
Zacks Investment Research· 2024-02-28 15:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Siemens AG (SIEGY) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Siemens AG currently has an average bro ...
Here's My Top Foreign Dividend Stock to Buy Now
The Motley Fool· 2024-02-18 10:02
Germany's Siemens (SIEGY 0.68%) is a lot more resilient than you might think. It has a mix of diversified revenue streams plus an increasing focus on end markets set for long-term growth. Its revenue streams are also internationally diversified, and the valuation remains compelling for a company in excellent shape. Here's why Siemens is an excellent stock to buy for investors looking further afield.Introducing SiemensIn a nutshell, Siemens is a company of three owned businesses (digital industries, smart in ...
Siemens(SIEGY) - 2024 Q1 - Earnings Call Transcript
2024-02-13 15:19
Financial Data and Key Metrics Changes - The company reported a revenue growth of 6% to €18.4 billion, with a strong profit margin of 15.8% in the industrial business, reaching its highest first-quarter level ever [7][16][41] - Book-to-bill ratio was strong at 1.21, with an order backlog reaching an all-time high of €113 billion despite negative currency effects [4][16] - Earnings per share (EPS) pre-PPA came in at €3.19, with strong operational performance driving it to €2.58 when excluding the Siemens Energy stake tailwind [51] Business Line Data and Key Metrics Changes - Mobility orders grew by 92% to €5.6 billion, significantly driven by large orders, while Smart Infrastructure saw a revenue increase of 9% [16][73] - Digital Industries (DI) revenue slightly decreased by 1%, with automation down by 4%, but software business showed growth of 8.5% [32][62] - Smart Infrastructure's electrification business grew by 20%, with a record order backlog increasing to €17 billion [40][43] Market Data and Key Metrics Changes - Revenue growth was broad-based, with EMEA and the Americas up by 7%, while Asia and Australia grew by 2%, held back by softness in China [10] - The company anticipates regional differences in inventory normalization, with China expected to take longer due to economic recovery speed [11][21] - The U.S. and Europe (excluding Germany) showed double-digit growth, particularly in data centers and power distribution [72][100] Company Strategy and Development Direction - The company is focused on leveraging its record order backlog, launching innovative products, and expanding its ecosystem while confirming guidance for fiscal 2024 [18][76] - There is a strong emphasis on digitalization and sustainability, with partnerships aimed at advancing manufacturing designs and factory operations [25][55] - The company is committed to maintaining a strong grip on working capital and delivering further value creation through profitable growth [45][104] Management's Comments on Operating Environment and Future Outlook - Management noted ongoing destocking globally and a sluggish investment sentiment, particularly in China, but expressed confidence in a sequential improvement in orders in the second half of the fiscal year [79][83] - The company expects economic momentum to pick up, supported by government stimulus and improved investment sentiment [80][83] - Management highlighted the importance of productivity measures and maintaining a strong supply chain to mitigate risks [52][99] Other Important Information - The company closed the acquisition of an 18% stake in Siemens Limited India, accelerating the unbundling of business activities in India [20] - Free cash flow performance improved significantly year-over-year, reaching €1.3 billion in the industrial business [48] - The company completed a €3 billion share buyback program and plans to launch a new program of up to €6 billion [104] Q&A Session Summary Question: What indicators are being used to gauge confidence in sequential improvement in orders? - Management indicated that inventory levels and macroeconomic conditions are being closely monitored, with expectations for improvement post-Chinese New Year [107][110] Question: What is the outlook for the electrification business? - Management emphasized the secular growth trend in electrification driven by energy transformation and the need for reliable power in data centers and semiconductor manufacturing [88][89] Question: How does the company view profitability in Digital Industries? - Management noted that while the economic equation was neutral in Q1, they expect it to improve in the second half of the fiscal year due to productivity measures and backlog execution [126][141]
Siemens AG (SIEGY) Exceeds Market Returns: Some Facts to Consider
Zacks Investment Research· 2024-02-02 00:01
The most recent trading session ended with Siemens AG (SIEGY) standing at $91.08, reflecting a +1.77% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily gain of 1.25%. Elsewhere, the Dow saw an upswing of 0.97%, while the tech-heavy Nasdaq appreciated by 1.3%.The company's shares have seen an increase of 1.16% over the last month, surpassing the Industrial Products sector's loss of 2.19% and falling behind the S&P 500's gain of 1.58%.The upcoming earning ...