Siemens (OTCMKTS:SIEGY) Reaches New 1-Year High – Time to Buy?

Siemens AG (OTCMKTS:SIEGY) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $167.04 and last traded at $166.68, with a volume of 110602 shares trading hands. The stock had previously closed at $164.85.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Kepler Capital Markets upgraded shares of Siemens from a “strong sell” rating to a “hold” rating in a research note on Friday, July 3rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Siemens in a research note on Monday. Evercore restated an “outperform” rating on shares of Siemens in a research report on Friday, May 15th. HSBC upgraded Siemens from a “hold” rating to a “buy” rating in a research note on Tuesday, April 28th. Finally, Barclays restated an “underweight” rating on shares of Siemens in a research note on Monday, July 6th. Five research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold”.

Siemens Price Performance

The company has a 50 day moving average price of $156.43 and a 200 day moving average price of $147.07. The company has a market capitalization of $245.38 billion, a price-to-earnings ratio of 27.66 and a beta of 1.39. The company has a current ratio of 1.39, a quick ratio of 1.16 and a debt-to-equity ratio of 0.59.

Siemens (OTCMKTS:SIEGY) last issued its quarterly earnings results on Thursday, August 6th. The technology company reported $1.69 EPS for the quarter, topping the consensus estimate of $1.50 by $0.19. The company had revenue of $24.02 billion during the quarter, compared to analysts’ expectations of $23.57 billion. Siemens had a net margin of 9.68% and a return on equity of 11.14%. Siemens has set its FY 2026 guidance at 6.510-6.685 EPS. As a group, equities research analysts forecast that Siemens AG will post 6.38 earnings per share for the current year.

About Siemens

Siemens AG is a German multinational conglomerate headquartered in Munich that develops and sells infrastructure and industrial technology. The company’s activities cover a broad range of engineering and technology solutions, including industrial automation and control systems, software for product lifecycle and factory automation, building and energy management systems, and transportation solutions such as rolling stock and rail signaling. Siemens serves industrial, commercial and public-sector customers with products and turnkey systems as well as lifecycle services and digital solutions.

Siemens operates through multiple business units that emphasize digitalization, electrification and automation across industries.