Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Sets New 12-Month High – Should You Buy?

Siemens Aktiengesellschaft (OTCMKTS:SIEGY)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $119.25 and last traded at $117.31, with a volume of 175205 shares traded. The stock had previously closed at $113.86.

Wall Street Analyst Weigh In

SIEGY has been the topic of several research analyst reports. Hsbc Global Res raised Siemens Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research report on Thursday, December 5th. Bank of America downgraded shares of Siemens Aktiengesellschaft from a “buy” rating to a “neutral” rating in a report on Tuesday, November 19th.

Siemens Aktiengesellschaft Price Performance

The business’s fifty day moving average is $106.37 and its 200 day moving average is $100.11. The company has a market cap of $187.70 billion, a P/E ratio of 18.02, a PEG ratio of 3.27 and a beta of 1.28. The company has a current ratio of 1.40, a quick ratio of 1.15 and a debt-to-equity ratio of 0.73.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) last issued its quarterly earnings results on Thursday, February 13th. The technology company reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.05. Siemens Aktiengesellschaft had a return on equity of 13.82% and a net margin of 12.41%. The firm had revenue of $19.58 billion for the quarter, compared to analysts’ expectations of $18.70 billion. As a group, sell-side analysts anticipate that Siemens Aktiengesellschaft will post 6.59 EPS for the current year.

Siemens Aktiengesellschaft Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, February 25th. Stockholders of record on Friday, February 14th were given a $2.6907 dividend. The ex-dividend date was Friday, February 14th. This is a positive change from Siemens Aktiengesellschaft’s previous dividend of $1.88. Siemens Aktiengesellschaft’s payout ratio is 30.72%.

Siemens Aktiengesellschaft Company Profile

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.