ETR:SZGSalzgitter Stock Price, Forecast & News

€12.84

+0.18 (+1.42 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

€12.47

Now: €12.85▼

€13.00

50-Day Range

€9.06

MA: €11.55▼

€13.16

52-Week Range

€7.77

Now: €12.85▼

€26.33

Volume300,726 shs

Average Volume273,405 shs

Market Capitalization$694.75 million

P/E RatioN/A

Dividend Yield1.91%

BetaN/A

Salzgitter Aktiengesellschaft, 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, ship building, 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 large-diameter pipes; and longitudinal-welded, 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 offers machinery and plants for the filling and packaging of beverages, as well as special machinery for shoe manufacturing and elastomer production. The company also provides IT, facilities management, logistics, automotive engineering, and research and development services, as well as supplies raw materials. Salzgitter Aktiengesellschaft was founded in 1858 and is headquartered in Salzgitter, Germany.

Beat the Market (BTM) Rank^™

1.8 Analyst's Opinion

Consensus Rating
Salzgitter has received a consensus rating of Hold. The company's average rating score is 1.67, and is based on no buy ratings, 8 hold ratings, and 4 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of €13.67, Salzgitter has a potential upside of 6.4% from its current price of €12.85.
Amount of Analyst Coverage
Salzgitter has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.2 Community Rank

Outperform Votes
Salzgitter has received 840 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Salzgitter has received 1,105 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Salzgitter has received 56.81% “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.

1.7 Dividend Strength

Dividend Leadership
Salzgitter is a leading dividend payer. It pays a dividend yield of 1.91%, putting its dividend yield in the top 25% of dividend-paying stocks.
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 -2.88, 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 -2.88, 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 0.24. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.27 out of 5 stars

Industry, Sector and Symbol

Stock Exchange ETR

Industry Steel

Sub-IndustryN/A

SectorBasic Materials

Current SymbolETR:SZG

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.salzgitter-ag.com

Phone+49-5341-2101

Debt

Debt-to-Equity Ratio36.32

Current Ratio2.03

Quick Ratio1.02

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$8.55 billion

Price / Sales0.08

Cash Flow€16.73 per share

Price / Cash Flow0.77

Book Value€54.15 per share

Price / Book0.24

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees23,985

Outstanding Shares54,087,300

Market Cap$694.75 million

Next Earnings Date8/12/2020 (Estimated)

OptionableNot Optionable

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Salzgitter (ETR:SZG) Frequently Asked Questions

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

Salzgitter's stock was trading at €11.14 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SZG shares have increased by 15.4% and is now trading at €12.85. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Salzgitter?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Salzgitter in the last year. There are currently 4 sell ratings and 8 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Salzgitter.

When is Salzgitter's next earnings date?

Salzgitter is scheduled to release its next quarterly earnings announcement on Wednesday, August 12th 2020. View our earnings forecast for Salzgitter.

What price target have analysts set for SZG?

12 brokerages have issued 12 month price objectives for Salzgitter's shares. Their forecasts range from €9.50 to €26.00. On average, they expect Salzgitter's share price to reach €13.67 in the next year. This suggests a possible upside of 6.4% from the stock's current price. View analysts' price targets for Salzgitter.

Has Salzgitter been receiving favorable news coverage?

Headlines about SZG stock have trended somewhat positive on Thursday, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Salzgitter earned a news impact score of 1.4 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutSalzgitter.

Who are some of Salzgitter's key competitors?

Some companies that are related to Salzgitter include Ferrexpo (FXPO), Russel Metals (RUS), Stelco (STLC), Kloeckner & Co SE (KCO), Tree Island Steel (TSL), Vietnam Industrial Investment (VII), Iron Road (IRD), Equatorial Resources (EQX), Aperam (APMSF), ArcelorMittal (MT), Atlas Iron (AGO), BLUESCOPE STL L/ADR (BLSFY), Cielo Waste Solutions (CMC), Ferrexpo (FEEXF) and Fosun International (FOSUF). View all 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), Anadarko Petroleum (APC), ASV (ASV), Harmony Gold Mining (HMY), Prothena (PRTA), Vascular Biogenics (VBLT), Accenture (ACN), Adobe (ADBE) and Yamana Gold (AUY).

Who are Salzgitter's key executives?

Salzgitter's management team includes the following people:

Dr. Heinz Jörg Fuhrmann, Chairman of the Group Management Board & CEO (Age 63)
Mr. Burkhard Becker, CFO & Member of the Group Management Board (Age 59)
Mr. Michael Kieckbusch, Chief Personnel Officer & Member of the Group Management Board (Age 58)
Roger Schlim, Plate / Section Steel Bus. Unit Mang. & Member of the Group Management Board
Mr. Ulrich Grethe, Strip Steel Bus. Unit Mang. & Member of the Group Management Board

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 €12.85.

How big of a company is Salzgitter?

Salzgitter has a market capitalization of $694.75 million and generates $8.55 billion in revenue each year. Salzgitter employs 23,985 workers across the globe.

What is Salzgitter's official website?

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

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 5/28/2020 by MarketBeat.com Staff