Siemens (OTCMKTS:SIEGY) Hits New 12-Month High – Here’s Why

Siemens AG (OTCMKTS:SIEGY)’s share price hit a new 52-week high on Wednesday . The company traded as high as $148.77 and last traded at $148.43, with a volume of 24617 shares. The stock had previously closed at $145.76.

Analysts Set New Price Targets

Several equities analysts recently weighed in on SIEGY shares. Morgan Stanley downgraded Siemens from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, October 14th. Barclays reiterated an “underweight” rating on shares of Siemens in a report on Wednesday, December 3rd. Erste Group Bank downgraded shares of Siemens from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Sanford C. Bernstein began coverage on Siemens in a report on Wednesday. They issued an “outperform” rating on the stock. Finally, Zacks Research lowered Siemens from a “hold” rating to a “strong sell” rating in a research note on Monday, October 27th. Two research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Siemens currently has an average rating of “Hold”.

Siemens Price Performance

The company’s 50-day moving average price is $137.41 and its two-hundred day moving average price is $135.46. The company has a market cap of $235.01 billion, a P/E ratio of 22.12, a P/E/G ratio of 3.35 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.

Siemens (OTCMKTS:SIEGY) last released its earnings results on Thursday, November 13th. The technology company reported $1.22 earnings per share 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 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 expect that Siemens AG will post 6.59 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.