Siemens (OTCMKTS:SIEGY) Shares Gap Up – What’s Next?

Shares of Siemens AG (OTCMKTS:SIEGY) gapped up prior to trading 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.

Analysts Set New Price Targets

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

Siemens Stock Down 0.8%

The company 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. The company has a 50-day moving average of $137.54 and a two-hundred day moving average of $133.12. The company has a quick ratio of 1.24, a current ratio of 1.50 and a debt-to-equity ratio of 0.70.

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). The company had revenue of $24.94 billion during the quarter, compared to analysts’ expectations 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, research analysts predict that Siemens AG will post 6.59 EPS for the current 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.