Siemens AG (OTCMKTS:SIEGY – Get Free Report) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 39,947 shares, a drop of 35.5% from the May 31st total of 61,970 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 344,271 shares, the short-interest ratio is presently 0.1 days.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on SIEGY. Evercore restated an “outperform” rating on shares of Siemens in a research report on Friday, May 15th. HSBC raised shares of Siemens from a “hold” rating to a “buy” rating in a research note on Tuesday, April 28th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Siemens in a research note on Tuesday. Five research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.
Check Out Our Latest Stock Report on SIEGY
Siemens Price Performance
Siemens (OTCMKTS:SIEGY – Get Free Report) last released its quarterly earnings data on Wednesday, May 13th. The technology company reported $1.43 earnings per share for the quarter, missing the consensus estimate of $1.56 by ($0.13). Siemens had a return on equity of 11.14% and a net margin of 9.68%.The firm had revenue of $23.13 billion for the quarter, compared to the consensus estimate of $23.48 billion. Siemens has set its FY 2026 guidance at 6.228-6.461 EPS. On average, equities analysts anticipate that Siemens will post 6.39 EPS for the current year.
About Siemens
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.
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