Siemens (OTCMKTS:SIEGY) Upgraded at Zacks Research

Zacks Research upgraded shares of Siemens (OTCMKTS:SIEGY) from a strong sell rating to a hold rating in a report issued on Thursday,Zacks.com reports.

Other analysts also recently issued research reports about the company. Evercore ISI started coverage on Siemens in a report on Monday, December 15th. They set an “outperform” rating on the stock. Sanford C. Bernstein started coverage on shares of Siemens in a research report on Wednesday, January 7th. They issued an “outperform” rating for the company. Erste Group Bank cut shares of Siemens from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Barclays reaffirmed an “underweight” rating on shares of Siemens in a research report on Wednesday, December 3rd. Finally, Morgan Stanley lowered Siemens from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, October 14th. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Siemens Trading Up 0.6%

Shares of Siemens stock opened at $151.33 on Thursday. The business has a fifty day simple moving average of $138.63 and a 200-day simple moving average of $136.54. The firm has a market cap of $242.13 billion, a price-to-earnings ratio of 22.79, a price-to-earnings-growth ratio of 3.36 and a beta of 1.23. Siemens has a fifty-two week low of $94.55 and a fifty-two week high of $153.84. The company has a quick ratio of 1.15, a current ratio of 1.37 and a debt-to-equity ratio of 0.66.

Siemens (OTCMKTS:SIEGY) last issued its quarterly earnings results on Thursday, November 13th. The technology company reported $1.22 EPS for the quarter, missing the consensus estimate of $1.61 by ($0.39). The business had revenue of $24.94 billion during the quarter, compared to the consensus estimate of $21.49 billion. Siemens had a return on equity of 11.65% and a net margin of 12.05%.Siemens has set its FY 2026 guidance at 6.080-6.430 EPS. On average, equities analysts forecast that Siemens will post 6.59 EPS for the current fiscal year.

Siemens Company Profile

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.