Siemens (OTCMKTS:SIEGY) Sets New 52-Week High – Time to Buy?

Shares of Siemens AG (OTCMKTS:SIEGY) hit a new 52-week high during trading on Wednesday . The stock traded as high as $148.77 and last traded at $148.43, with a volume of 24617 shares changing hands. The stock had previously closed at $145.76.

Analyst Ratings Changes

SIEGY has been the topic of several analyst reports. Erste Group Bank cut shares of Siemens from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Morgan Stanley downgraded Siemens from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, October 14th. Barclays reaffirmed an “underweight” rating on shares of Siemens in a research report on Wednesday, December 3rd. Sanford C. Bernstein initiated coverage on Siemens in a research report on Wednesday. They issued an “outperform” rating on the stock. Finally, Evercore ISI initiated coverage on Siemens in a research report on Monday, December 15th. They set an “outperform” rating for the company. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Siemens Trading Up 2.1%

The company has a market cap of $238.14 billion, a PE ratio of 22.42, a price-to-earnings-growth ratio of 3.21 and a beta of 1.23. The company has a current ratio of 1.37, a quick ratio of 1.15 and a debt-to-equity ratio of 0.66. The firm has a fifty day moving average of $137.18 and a two-hundred day moving average of $135.28.

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