Siemens AG (OTCMKTS:SIEGY - Get Free Report)'s share price passed below its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $159.11 and traded as low as $152.41. Siemens shares last traded at $153.24, with a volume of 149,110 shares.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on the stock. Erste Group Bank raised shares of Siemens from a "hold" rating to a "strong-buy" rating in a research report on Thursday, August 27th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Siemens in a report on Monday, August 3rd. Kepler Capital Markets upgraded Siemens from a "strong sell" rating to a "hold" rating in a report on Friday, July 3rd. Finally, Barclays reiterated an "underweight" rating on shares of Siemens in a report on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Siemens currently has an average rating of "Moderate Buy".
Check Out Our Latest Report on Siemens
Siemens Stock Down 1.3%
The company's fifty day simple moving average is $159.11 and its 200-day simple moving average is $151.09. The firm has a market capitalization of $239.67 billion, a PE ratio of 25.96, a price-to-earnings-growth ratio of 13.32 and a beta of 1.41. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.44 and a quick ratio of 1.18.
Siemens (OTCMKTS:SIEGY - Get Free Report) last announced its earnings results on Thursday, August 6th. The technology company reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.50 by $0.19. Siemens had a return on equity of 11.13% and a net margin of 9.79%.The firm had revenue of $24.02 billion for the quarter, compared to the consensus estimate of $23.57 billion. Siemens has set its FY 2026 guidance at 6.510-6.685 EPS. On average, analysts forecast that Siemens AG will post 6.44 EPS for the current year.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Siemens stock. Ferguson Wellman Capital Management Inc. increased its position in Siemens AG (OTCMKTS:SIEGY - Free Report) by 0.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 210,670 shares of the technology company's stock after acquiring an additional 655 shares during the period. Ferguson Wellman Capital Management Inc.'s holdings in Siemens were worth $33,899,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 0.75% of the stock is owned by institutional investors.
Siemens Company Profile
(
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Siemens AG is a German technology company that provides products, software and services for industry, infrastructure, mobility and healthcare. Its offerings include industrial automation and control systems, manufacturing software, building-management and electrification technologies, energy distribution equipment, rail vehicles and transportation infrastructure, and digital solutions designed to improve operational efficiency and sustainability.
The company operates through businesses including Digital Industries, Smart Infrastructure and Mobility.
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