Siemens (OTCMKTS:SIEGY) Hits New 1-Year 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.

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

Wall Street Analyst Weigh In

SIEGY has been the subject of a number of research analyst reports. Barclays reiterated an "underweight" rating on shares of Siemens in a report on Thursday, July 10th. Morgan Stanley reiterated an "overweight" rating on shares of Siemens in a report on Wednesday, July 30th. Wall Street Zen lowered Siemens from a "buy" rating to a "hold" rating in a research note on Wednesday, May 28th. Finally, Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Siemens in a research note on Tuesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Siemens currently has an average rating of "Hold".

Siemens Stock Up 1.2%

The business has a 50-day simple moving average of $129.21 and a two-hundred day simple moving average of $121.12. The stock has a market capitalization of $220.64 billion, a P/E ratio of 20.43, a PEG ratio of 2.54 and a beta of 1.17. The company has a quick ratio of 0.98, a current ratio of 1.19 and a debt-to-equity ratio of 0.61.

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