OTCMKTS:SZGPY

Salzgitter - SZGPY Stock Forecast, Price & News

$2.91

0.00 (0.00%)

(As of 12/5/2022 12:00 AM ET)

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Today's Range: $2.91
▼
$2.91
50-Day Range: $1.86
▼
$3.10
52-Week Range: $1.86
▼
$5.16

Volume: 13 shs
Average Volume: 552 shs
Market Capitalization: $1.57 billion

P/E Ratio: N/A
Dividend Yield: 1.78%
Price Target: $30.30

Salzgitter MarketRank™ Forecast

Analyst Rating: Hold
1.88 Rating Score
Upside/Downside: 1,024.4% Upside
$32.72 Price Target
Short Interest: Healthy
0.00% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.28
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -81.40%
From $1.72 to $0.32 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.03 out of 5 stars

2.9

Analyst's Opinion

Consensus Rating
Salzgitter has received a consensus rating of Hold. The company's average rating score is 1.88, and is based on no buy ratings, 7 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $32.72, Salzgitter has a forecasted upside of 1,024.4% from its current price of $2.91.
Amount of Analyst Coverage
Salzgitter has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.00% of the outstanding shares of Salzgitter have been sold short.
Short Interest Ratio / Days to Cover
Salzgitter has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Salzgitter has recently increased by 4.00%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Yield
Salzgitter pays a meaningful dividend of 1.78%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Salzgitter does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Salzgitter will have a dividend payout ratio of 15.63% next year. This indicates that Salzgitter will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SZGPY.

1.5

News and Social Media Coverage

News Sentiment
Salzgitter has a news sentiment score of -0.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.39 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Salzgitter this week, compared to 0 articles on an average week.
MarketBeat Follows
1 people have added Salzgitter to their MarketBeat watchlist in the last 30 days.

N/A

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

Earnings Growth
Earnings for Salzgitter are expected to decrease by -81.40% in the coming year, from $1.72 to $0.32 per share.
Price to Book Value per Share Ratio
Salzgitter has a P/B Ratio of 0.40. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Salzgitter (OTCMKTS:SZGPY) Stock

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.

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SZGPY Stock News Headlines

December 6, 2022 | americanbankingnews.com

Analysts Set Salzgitter AG (OTCMKTS:SZGPY) PT at $28.33

December 2, 2022 | americanbankingnews.com

Kepler Capital Markets Downgrades Salzgitter (OTCMKTS:SZGPY) to Hold

November 11, 2022 | markets.businessinsider.com

Salzgitter AG Q3 Profit Declines

August 24, 2022 | uk.finance.yahoo.com

Salzgitter Aktiengesellschaft: Salzgitter AG places first order for SALCOS® plant

August 24, 2022 | markets.businessinsider.com

DGAP-News: Salzgitter Aktiengesellschaft: Salzgitter AG places first order for SALCOS® plant

August 11, 2022 | nasdaq.com

Salzgitter Group H1 Profit Rises; Confirms 2022 Outlook

July 14, 2022 | uk.finance.yahoo.com

Salzgitter Aktiengesellschaft: Green light for green steel

July 13, 2022 | markets.businessinsider.com

DGAP-News: Salzgitter Aktiengesellschaft: Green light for green steel

June 3, 2022 | uk.finance.yahoo.com

Salzgitter Aktiengesellschaft: Salzgitter Group and LKAB forge technical cooperation agreement

June 3, 2022 | markets.businessinsider.com

DGAP-News: Salzgitter Aktiengesellschaft: Salzgitter Group and LKAB forge technical cooperation agreement

May 16, 2022 | finance.yahoo.com

Has Salzgitter (SZGPY) Outpaced Other Basic Materials Stocks This Year?

April 23, 2022 | finanznachrichten.de

TAAT fällt in 7-Eleven ein?! Das "9.300-Shop-Potential"…

April 21, 2022 | nasdaq.com

Salzgitter Q1 Preliminary Earnings Before Taxes Rises

April 13, 2022 | de.finance.yahoo.com

Salzgitter Aktiengesellschaft: Salzgitter-Konzern liefert Rohre zur Anbindung des LNG-Terminals Wilhelmshaven

March 24, 2022 | msn.com

Millennium Capital erhöht Short-Position in Salzgitter auf 0,71%

March 23, 2022 | msn.com

Millennium Capital erhöht Short-Position in Salzgitter auf 0,60%

March 22, 2022 | finanznachrichten.de

Volkswagen To Use Low-CO2 Steel From Salzgitter In Important Future Projects

March 21, 2022 | marketwatch.com

Salzgitter Aims to Produce Low Carbon-Dioxide Steel by End 2025 -- Commodity Comment

March 17, 2022 | nasdaq.com

Salzgitter Supervisory Board Approves Reorganization - Quick Facts

February 2, 2022 | markets.businessinsider.com

DGAP-News: Salzgitter Aktiengesellschaft: Salzgitter presents new 'Salzgitter AG 2030' strategy

February 2, 2022 | nasdaq.com

Salzgitter Targets To Increase Annual Revenues To More Than EUR 11 Bln Over Period Up Until 2025

January 26, 2022 | finanznachrichten.de

Salzgitter, Ørsted Begin Strategic Partnership

January 25, 2022 | markets.businessinsider.com

Heading for a circular economy - Salzgitter AG and Ørsted launch strategic partnership

January 25, 2022 | uk.finance.yahoo.com

Heading for a circular economy – Salzgitter AG and Ørsted launch strategic partnership

January 25, 2022 | uk.finance.yahoo.com

Salzgitter Aktiengesellschaft: Heading for a circular economy - Salzgitter AG and Ørsted launch strategic partnership

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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SZGPY Company Calendar

Today: 12/06/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Private households
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: OTCMKTS:SZGPY
CUSIP: N/A
CIK: 1450344
Web: www.salzgitter-ag.com
Phone: (495) 341-2101
Fax: 49-53-4121-2727
Employees: 24,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $32.72
High Stock Price Forecast: $50.00
Low Stock Price Forecast: $20.50
Forecasted Upside/Downside: +941.2%
Consensus Rating: Hold
Rating Score (0-4): 1.88
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $687.50 million
Net Margins: 9.19%
Pretax Margin: 11.10%
Return on Equity: 29.09%
Return on Assets: 10.67%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.80
Quick Ratio: 0.87

Sales & Book Value

Annual Sales: $11.56 billion
Price / Sales: 0.14
Cash Flow: $2.39 per share
Price / Cash Flow: 1.22
Book Value: $7.34 per share
Price / Book: 0.40

Miscellaneous

Outstanding Shares: 540,870,000
Free Float: N/A
Market Cap: $1.57 billion
Optionable: Not Optionable
Beta: 1.47

Key Executives

Mr. Gunnar Groebler (Age 50)
Chairman of the Group Management Board & CEO
Comp: $1.75M

Mr. Burkhard Becker (Age 62)
CFO & Member of the Group Management Board
Comp: $1.44M

Mr. Michael Kieckbusch (Age 61)
Chief Personnel Officer & Member of the Group Management Board
Comp: $1.45M

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
Member of the Group Management Board

Mr. Uwe Kruse
CIO & Head of IT Strategy

Mr. Markus Heidler
Head of Investor Relations & Corp. Communication

Mr. Bernhard Kleinermann (Age 60)
Director Corp. Communication

Key Competitors

View All Competitors

SZGPY Stock - Frequently Asked Questions

Should I buy or sell Salzgitter stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Salzgitter in the last twelve months. There are currently 1 sell rating and 7 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SZGPY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SZGPY, but not buy additional shares or sell existing shares.
View SZGPY analyst ratings or view top-rated stocks.
What is Salzgitter's stock price forecast for 2023?: 8 brokers have issued 1-year target prices for Salzgitter's stock. Their SZGPY share price forecasts range from $20.50 to $50.00. On average, they expect the company's stock price to reach $32.72 in the next year. This suggests a possible upside of 1,024.4% from the stock's current price.
View analysts price targets for SZGPY or view top-rated stocks among Wall Street analysts.
How have SZGPY shares performed in 2022?: Salzgitter's stock was trading at $3.33 at the beginning of 2022. Since then, SZGPY shares have decreased by 12.6% and is now trading at $2.91.
View the best growth stocks for 2022 here.
How often does Salzgitter pay dividends? What is the dividend yield for Salzgitter?: Salzgitter announced a dividend on Wednesday, June 1st. Stockholders of record on Monday, June 6th will be paid a dividend of $0.0512 per share on Thursday, June 23rd. This represents a dividend yield of 1.26%. The ex-dividend date of this dividend is Friday, June 3rd.
Read our dividend analysis for SZGPY.

Is Salzgitter a good dividend stock?: Salzgitter (OTCMKTS:SZGPY) pays an annual dividend of $0.05 per share and currently has a dividend yield of 1.78%.
Read our dividend analysis for SZGPY.
What is Salzgitter's stock symbol?: Salzgitter trades on the OTCMKTS under the ticker symbol "SZGPY."
How do I buy shares of Salzgitter?: Shares of SZGPY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Salzgitter's stock price today?: One share of SZGPY stock can currently be purchased for approximately $2.91.
How much money does Salzgitter make?: Salzgitter (OTCMKTS:SZGPY) has a market capitalization of $1.57 billion and generates $11.56 billion in revenue each year.
How many employees does Salzgitter have?: The company employs 24,000 workers across the globe.
How can I contact Salzgitter?: Salzgitter's mailing address is Eisenhuttenstra¿e 99, Salzgitter 2M, 38239. The official website for the company is www.salzgitter-ag.com. The basic materials company can be reached via phone at (495) 341-2101, via email at ir@salzgitter-ag.de, or via fax at 49-53-4121-2727.

This page (OTCMKTS:SZGPY) was last updated on 12/6/2022 by MarketBeat.com Staff

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