Siemens (OTCMKTS:SIEGY) Hits New 12-Month High - Should You Buy?

Key Points

• Siemens AG has reached a new 52-week high, trading at $137.26, with the last trade at $136.65, following a volume of 8120 shares.
• Despite the recent stock performance, analysts maintain a mixed outlook with one sell rating, five hold ratings, one buy rating, and one strong buy rating, resulting in an average rating of "Hold."
• In its latest earnings report, Siemens posted $1.44 earnings per share, surpassing estimates by $0.16, and achieved a revenue of $22.52 billion, exceeding analyst expectations of $19.17 billion.

Siemens AG (OTCMKTS:SIEGY - Get Free Report) reached a new 52-week high on Friday . The company traded as high as $137.26 and last traded at $136.65, with a volume of 8120 shares. The stock had previously closed at $135.80.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on SIEGY shares. Morgan Stanley reiterated an "overweight" rating on shares of Siemens in a report on Wednesday, July 30th. Wall Street Zen cut Siemens from a "buy" rating to a "hold" rating in a report on Wednesday, May 28th. Barclays reiterated an "underweight" rating on shares of Siemens in a report on Thursday, July 10th. Finally, Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Siemens in a report on Tuesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Siemens currently has a consensus rating of "Hold".

Siemens Stock Down 1.1%

The firm has a 50 day moving average price of $129.21 and a 200-day moving average price of $121.12. The company has a current ratio of 1.19, a quick ratio of 0.98 and a debt-to-equity ratio of 0.61. The firm has a market cap of $218.16 billion, a PE ratio of 20.20, a PEG ratio of 2.54 and a beta of 1.17.

Siemens (OTCMKTS:SIEGY - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The technology company reported $1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.16. Siemens had a return on equity of 13.07% and a net margin of 12.59%.The business had revenue of $22.52 billion during the quarter, compared to analysts' expectations of $19.17 billion. Research analysts forecast that Siemens AG will post 6.59 EPS for the current fiscal year.

About Siemens

Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services (SFS) segments.