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

Key Points

• Siemens AG's stock reached a new **52-week high** of **$145.00**, closing last at **$144.35** with a trading volume of **6949 shares**.
• Analysts have issued mixed ratings for Siemens, with one **Buy**, eight **Hold** ratings, and one **Sell**, resulting in an average rating of **"Hold"**.
• The company reported **$1.44 EPS**, beating analysts' expectations of **$1.28**, and generated **$22.52 billion** in revenue for the quarter, exceeding estimates by **$3.35 billion**.

Siemens AG (OTCMKTS:SIEGY - Get Free Report) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $145.00 and last traded at $144.35, with a volume of 6949 shares traded. The stock had previously closed at $142.67.

Analysts Set New Price Targets

Several research firms have recently commented on SIEGY. Sanford C. Bernstein lowered Siemens from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 2nd. Erste Group Bank raised Siemens to a "hold" rating in a research report on Friday, October 3rd. Barclays reaffirmed an "underweight" rating on shares of Siemens in a research report on Thursday, July 10th. Zacks Research lowered Siemens from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 22nd. Finally, Santander lowered Siemens to a "neutral" rating in a research report on Wednesday, September 3rd. One equities research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Hold".

Siemens Stock Down 0.0%

The company has a quick ratio of 1.24, a current ratio of 1.50 and a debt-to-equity ratio of 0.70. The stock has a market cap of $228.19 billion, a PE ratio of 21.13, a P/E/G ratio of 2.98 and a beta of 1.17. The business has a 50 day moving average price of $134.98 and a 200 day moving average price of $125.62.

Siemens (OTCMKTS:SIEGY - Get Free Report) last issued its earnings results on Thursday, August 7th. The technology company reported $1.44 EPS for the quarter, topping analysts' consensus estimates of $1.28 by $0.16. Siemens had a return on equity of 12.61% and a net margin of 12.59%.The firm had revenue of $22.52 billion for the quarter, compared to the consensus estimate of $19.17 billion. Equities research analysts expect 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.

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