Siemens (OTCMKTS:SIEGY) Shares Gap Up – Time to Buy?

Siemens AG (OTCMKTS:SIEGY)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $136.20, but opened at $140.1899. Siemens shares last traded at $140.6899, with a volume of 21,418 shares traded.

Wall Street Analysts Forecast Growth

SIEGY has been the subject of a number of research reports. Zacks Research cut Siemens from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. Barclays reissued an “underweight” rating on shares of Siemens in a research note on Wednesday, December 3rd. Sanford C. Bernstein lowered shares of Siemens from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 2nd. Morgan Stanley lowered shares of Siemens from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, October 14th. Finally, Erste Group Bank lowered shares of Siemens from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Six investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Siemens has an average rating of “Reduce”.

Siemens Stock Down 0.8%

The firm has a 50 day moving average of $137.54 and a 200-day moving average of $133.12. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.50 and a quick ratio of 1.24. The stock has a market capitalization of $222.85 billion, a P/E ratio of 20.98, a price-to-earnings-growth ratio of 3.15 and a beta of 1.24.

Siemens (OTCMKTS:SIEGY) last issued its earnings results on Thursday, November 13th. The technology company reported $1.22 EPS for the quarter, missing the consensus estimate of $1.61 by ($0.39). The firm had revenue of $24.94 billion during the quarter, compared to the consensus estimate of $21.49 billion. Siemens had a return on equity of 11.87% and a net margin of 12.05%.Siemens has set its FY 2026 guidance at 6.080-6.430 EPS. On average, equities research analysts expect that Siemens AG will post 6.59 earnings per share for the current fiscal year.

Siemens Company Profile

Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services (SFS) segments.