1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. Siemens AG
  6. News
  7. Summary
    SIE   DE0007236101

SIEMENS AG

(SIE)
  Report
Delayed Xetra  -  11:40 2022-07-01 am EDT
96.00 EUR   -1.12%
07/01SIEMENS MOBILITY GMBHMAGDEBURG/BRANDENBURG : Ceremonial signing of the Elbe-Spree network transport contract & presentation of the Siemens Desiro HC
AQ
07/01Siemens launches Siemens Xcelerator - an open digital business platform to accelerate digital transformation
AQ
07/01Siemens launches Building X, an open AI-enabled suite for net zero buildings
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

U.S. business borrowing for equipment rises 7% in April- ELFA

05/23/2022 | 03:11pm EDT
FILE PHOTO: Part of Manhattan's midtown east skyline is pictured in 2020

(Reuters) - U.S. companies borrowed 7% more in April to finance their investments in equipment compared to a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Monday, as firms ramp up production to meet demand.

The companies signed up for $10.5 billion in new loans, leases and lines of credit, compared with $9.3 billion a year earlier.

"Soaring energy prices and inflation are headwinds confronting the industry as we move into the summer months," said Ralph Petta, ELFA's chief executive officer, in a statement.

ELFA, which reports economic activity for the nearly $1-trillion equipment finance sector, said credit approvals totaled 77.4%, down from 78.3% in March.

Washington-based ELFA's leasing and finance index measures the volume of commercial equipment financed in the United States.

The index is based on a survey of 25 members, including Bank of America Corp, and financing affiliates or units of Caterpillar Inc, Dell Technologies Inc, Siemens AG, Canon Inc and Volvo AB.

The Equipment Leasing and Finance Foundation, ELFA's non-profit affiliate, said its confidence index for May was at 49.6, down from 56.1 in April. A reading above 50 indicates a positive business outlook.

(Reporting by Nathan Gomes in Bengaluru; Editing by Shinjini Ganguli)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
AB VOLVO 0.85% 159.72 Delayed Quote.-23.82%
BANK OF AMERICA CORPORATION 1.38% 31.56 Delayed Quote.-30.03%
CANON INC. 0.62% 3104 Delayed Quote.10.82%
CATERPILLAR INC. -0.26% 178.29 Delayed Quote.-13.53%
DELL TECHNOLOGIES INC. -7.51% 42.74 Delayed Quote.-23.91%
SIEMENS AG -1.12% 96 Delayed Quote.-37.12%
All news about SIEMENS AG
07/01SIEMENS MOBILITY GMBHMAGDEBURG/BRAND : Ceremonial signing of the Elbe-Spree network transp..
AQ
07/01Siemens launches Siemens Xcelerator - an open digital business platform to accelerate d..
AQ
07/01Siemens launches Building X, an open AI-enabled suite for net zero buildings
AQ
07/01SIEMENS AG : Siemens Mobility completes Yunex Traffic divestment; Atlantia S.p.A. finalize..
AQ
07/01Siemens - Ceremonial signing of the Elbe-Spree network transport contract and presentat..
AQ
07/01Siemens Completes Sales Of Mail, Parcel Business To Körber
MT
07/01SIEMENS : Sale of Siemens Logistics' mail and parcel business successfully closed
PU
07/01SIEMENS : Timing of Siemens Energy share sale depends on market environment
RE
07/01SIEMENS AG : Berenberg reiterates its Buy rating
MD
06/30Siemens Warns of Q3 Earnings Hit from Writedown for Siemens Energy
MT
More news
Analyst Recommendations on SIEMENS AG
More recommendations
Financials
Sales 2022 69 206 M 71 984 M 71 984 M
Net income 2022 6 828 M 7 103 M 7 103 M
Net Debt 2022 36 483 M 37 947 M 37 947 M
P/E ratio 2022 11,5x
Yield 2022 4,34%
Capitalization 76 493 M 79 565 M 79 565 M
EV / Sales 2022 1,63x
EV / Sales 2023 1,50x
Nbr of Employees 303 000
Free-Float 88,4%
Chart SIEMENS AG
Duration : Period :
Siemens AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SIEMENS AG
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Last Close Price 96,00 €
Average target price 160,46 €
Spread / Average Target 67,1%
EPS Revisions
Managers and Directors
Roland Emil Busch President & Chief Executive Officer
Ralf Peter Thomas Head-Corporate Finance, Accounting & Controlling
Jim Hagemann Snabe Chairman-Supervisory Board
Hanna Hennig Chief Information Officer
Bernhard Wardin Head-Technology & Innovation
Sector and Competitors
1st jan.Capi. (M$)
SIEMENS AG-37.12%79 565
BERKSHIRE HATHAWAY INC.-9.26%612 010
HONEYWELL INTERNATIONAL INC.-16.02%119 203
3M COMPANY-27.66%73 118
GENERAL ELECTRIC COMPANY-32.60%69 936
ILLINOIS TOOL WORKS INC.-26.15%56 960