Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through five segments: Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology. The Strip Steel segment manufactures branded and special steels, such as hot-rolled strip steel and steel sheets, sections, tailored blanks, and components for the construction industry. The Plate/Section Steel segment produces various high-grade heavy plates for engineering, shipbuilding, and mechanical engineering, as well as trades in scrap. The Mannesmann segment is involved in the manufacture of line pipes, HFI-welded tubes, precision and stainless-steel tubes, and spiral-welded and longitudinal-welded large-diameter pipes; and seamless and welded tubes for the energy, automotive, and mechanical engineering sectors. The Trading segment operates a European sales network, as well as trading companies and agencies worldwide. The Technology segment engages in the provision of machinery and plants for the filling and packaging of beverages, as well as special machinery engineering for shoe manufacturing and elastomer production. The company also provides IT, facility management, logistics, automotive engineering, and research and development services, as well as supplies raw materials. Salzgitter AG was founded in 1858 and is headquartered in Salzgitter, Germany.

Overall MarketRank^™

1.14 out of 5 stars

2.2 Analyst's Opinion

Consensus Rating
Salzgitter has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 5 buy ratings, 3 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of €27.14, Salzgitter has a forecasted downside of 5.2% from its current price of €28.64.
Amount of Analyst Coverage
Salzgitter has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.1 Community Rank

Outperform Votes
Salzgitter has received 855 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Salzgitter has received 1,151 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Salzgitter has received 57.38% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Salzgitter and other stocks. Vote “Outperform” if you believe SZG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SZG will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.8 Dividend Strength

Dividend Yield
Salzgitter pays a meaningful dividend of 1.91%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Salzgitter does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Salzgitter insiders have not sold or bought any company stock.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Salzgitter is -5.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Salzgitter is -5.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Salzgitter has a P/B Ratio of 0.58. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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Salzgitter (ETR:SZG) Frequently Asked Questions

Is Salzgitter a buy right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Salzgitter in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Salzgitter stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SZG, but not buy additional shares or sell existing shares.
View analyst ratings for Salzgitter or view top-rated stocks.

What stocks does MarketBeat like better than Salzgitter?

Wall Street analysts have given Salzgitter a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Salzgitter wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Salzgitter's next earnings date?

Salzgitter is scheduled to release its next quarterly earnings announcement on Wednesday, May 12th 2021.
View our earnings forecast for Salzgitter.

How has Salzgitter's stock price been impacted by COVID-19 (Coronavirus)?

Salzgitter's stock was trading at €11.14 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SZG stock has increased by 157.2% and is now trading at €28.64.
View which stocks have been most impacted by COVID-19.

Is Salzgitter a good dividend stock?

Salzgitter pays an annual dividend of €0.20 per share and currently has a dividend yield of 1.91%.
View Salzgitter's dividend history.

What price target have analysts set for SZG?

10 Wall Street analysts have issued twelve-month price targets for Salzgitter's stock. Their forecasts range from €15.80 to €35.00. On average, they expect Salzgitter's share price to reach €27.14 in the next year. This suggests that the stock has a possible downside of 5.2%.
View analysts' price targets for Salzgitter or view top-rated stocks among Wall Street analysts.

Who are Salzgitter's key executives?

Salzgitter's management team includes the following people:

Dr. Heinz Jorg Fuhrmann, Chairman of the Group Management Board & CEO (Age 65, Pay $2.2M)
Mr. Burkhard Becker, CFO & Member of the Group Management Board (Age 61, Pay $1.32M)
Mr. Michael Kieckbusch, Chief Personnel Officer & Member of the Group Management Board (Age 60, Pay $1.39M)
Mr. Ulrich Grethe, Head of the Strip Steel Bus. Unit & Member of the Management Board
Mr. Volker Schult, Head of the Trading Bus. Unit & Member of the Management Board
Mr. Kai Acker, Head of the Group Technology Bus. Unit & Member of Group Management Board
Dr. Sebastian Bross, Head of the Group's Plate/Section Steel Bus. Unit & Member of the Group Management Board
Mr. Uwe Kruse, CIO & Head of IT Strategy
Mr. Markus Heidler, Head of Investor Relations
Mr. Bernhard Kleinermann, Director Corp. Communication (Age 59)

Who are some of Salzgitter's key competitors?

Some companies that are related to Salzgitter include Stelco (STLC), Ferrexpo (FXPO), Russel Metals (RUS), Klöckner & Co SE (KCO), Tree Island Steel (TSL), Huadi International Group (HUDI), Aperam (APMSF), ArcelorMittal (MT), Atlas Iron (AGO), BlueScope Steel (BSL), BlueScope Steel (BLSFY), Commercial Metals (CMC), Equatorial Resources (EQX), Ferrexpo (FEEXF) and Fosun International (FOSUF).
View all of SZG's competitors.

What other stocks do shareholders of Salzgitter own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Salzgitter investors own include Aquinox Pharmaceuticals (AQXP), Anglo American (AAL), Accenture (ACN), Wacker Chemie (WCH), Alcoa (AA), AbbVie (ABBV), Ambev (ABEV), Adobe (ADBE), Anadarko Petroleum (APC) and ASV (ASV).

What is Salzgitter's stock symbol?

Salzgitter trades on the ETR under the ticker symbol "SZG."

What is Salzgitter's stock price today?

One share of SZG stock can currently be purchased for approximately €28.64.

How much money does Salzgitter make?

Salzgitter has a market capitalization of $1.55 billion and generates $7.09 billion in revenue each year.

How many employees does Salzgitter have?

Salzgitter employs 23,181 workers across the globe.

What is Salzgitter's official website?

The official website for Salzgitter is www.salzgitter-ag.com.

Where are Salzgitter's headquarters?

Salzgitter is headquartered at Eisenhuettenstrasse 99, SALZGITTER, 38239, Germany.

How can I contact Salzgitter?

Salzgitter's mailing address is Eisenhuettenstrasse 99, SALZGITTER, 38239, Germany. The company can be reached via phone at +49-5341-2101.

This page was last updated on 5/9/2021 by MarketBeat.com Staff

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