Siemens (OTCMKTS:SIEGY) Sets New 1-Year High – Here’s Why

Siemens AG (OTCMKTS:SIEGY)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $154.36 and last traded at $151.99, with a volume of 128444 shares. The stock had previously closed at $151.43.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on SIEGY shares. Kepler Capital Markets lowered Siemens from a “hold” rating to a “reduce” rating in a research report on Tuesday. Morgan Stanley downgraded shares of Siemens from an “overweight” rating to an “equal weight” rating in a report on Tuesday, October 14th. Zacks Research raised shares of Siemens from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 15th. Evercore ISI began coverage on shares of Siemens in a research report on Monday, December 15th. They issued an “outperform” rating on the stock. Finally, Sanford C. Bernstein assumed coverage on Siemens in a report on Wednesday, January 7th. They set an “outperform” rating for the company. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold”.

Siemens Stock Performance

The company has a fifty day moving average price of $140.08 and a 200 day moving average price of $137.45. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.37 and a quick ratio of 1.15. The stock has a market cap of $244.35 billion, a P/E ratio of 23.00, a P/E/G ratio of 3.35 and a beta of 1.23.

Siemens (OTCMKTS:SIEGY) last posted its quarterly earnings results on Thursday, November 13th. The technology company reported $1.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.61 by ($0.39). Siemens had a net margin of 12.05% and a return on equity of 11.65%. The business had revenue of $24.94 billion during the quarter, compared to analyst estimates of $21.49 billion. Siemens has set its FY 2026 guidance at 6.080-6.430 EPS. On average, equities analysts expect that Siemens AG will post 6.59 EPS for the current year.

Siemens Company Profile

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.