Siemens (OTCMKTS:SIEGY) Reaches New 1-Year High – Here’s What Happened

Siemens AG (OTCMKTS:SIEGY)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $167.04 and last traded at $166.68, with a volume of 110602 shares. The stock had previously closed at $164.85.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on SIEGY. Barclays reissued an “underweight” rating on shares of Siemens in a report on Monday, July 6th. HSBC upgraded shares of Siemens from a “hold” rating to a “buy” rating in a report on Tuesday, April 28th. Evercore restated an “outperform” rating on shares of Siemens in a research note on Friday, May 15th. Kepler Capital Markets raised shares of Siemens from a “strong sell” rating to a “hold” rating in a report on Friday, July 3rd. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Siemens in a report on Monday. Five equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold”.

Siemens Stock Performance

The firm has a fifty day moving average of $156.35 and a 200 day moving average of $146.92. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.39 and a quick ratio of 1.16. The stock has a market capitalization of $260.69 billion, a price-to-earnings ratio of 29.39 and a beta of 1.39.

Siemens (OTCMKTS:SIEGY) last announced its quarterly earnings results on Wednesday, May 13th. The technology company reported $1.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.56 by ($0.13). The company had revenue of $23.13 billion during the quarter, compared to analyst estimates of $23.48 billion. Siemens had a net margin of 9.68% and a return on equity of 11.14%. Siemens has set its FY 2026 guidance at 6.228-6.461 EPS. On average, sell-side analysts anticipate that Siemens AG will post 6.38 earnings per share for the current fiscal 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.