Siemens AG (OTCMKTS:SIEGY) Sees Significant Increase in Short Interest

Key Points

• Short interest in Siemens jumped 139.5% in February to 256,789 shares as of Feb 27, but the short-interest ratio is low at 0.5 days based on an average daily volume of 522,616 shares.
• Analysts are mixed — four Buy, five Hold and two Sell ratings — leaving a consensus rating of "Hold", with recent notes ranging from Outperform to Underweight.
• Siemens beat the quarter with $1.50 EPS vs. $1.27 expected and revenue of $22.70 billion (vs. $18.95B est.); the stock recently opened at $132.41 and has a 1‑year range of $94.55–$161.80.

Siemens AG (OTCMKTS:SIEGY - Get Free Report) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 256,789 shares, an increase of 139.5% from the February 12th total of 107,225 shares. Based on an average daily volume of 522,616 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 522,616 shares, the short-interest ratio is currently 0.5 days.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Zacks Research upgraded Siemens from a "strong sell" rating to a "hold" rating in a research report on Thursday, January 15th. Evercore initiated coverage on Siemens in a research note on Monday, December 15th. They set an "outperform" rating on the stock. Sanford C. Bernstein started coverage on Siemens in a research note on Wednesday, January 7th. They issued an "outperform" rating for the company. Barclays reissued an "underweight" rating on shares of Siemens in a report on Wednesday, December 3rd. Finally, Citigroup reaffirmed a "buy" rating on shares of Siemens in a report on Friday, February 13th. Four analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Siemens has a consensus rating of "Hold".

Siemens Stock Down 1.1%

Shares of SIEGY stock opened at $132.41 on Thursday. Siemens has a 1 year low of $94.55 and a 1 year high of $161.80. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.15 and a current ratio of 1.38. The business's fifty day moving average is $146.04 and its 200-day moving average is $140.24. The stock has a market cap of $211.86 billion, a PE ratio of 23.43 and a beta of 1.25.

Siemens (OTCMKTS:SIEGY - Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The technology company reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.23. Siemens had a return on equity of 11.90% and a net margin of 9.93%.The business had revenue of $22.70 billion during the quarter, compared to analyst estimates of $18.95 billion. Equities analysts expect that Siemens will post 6.59 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.

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