Salzgitter (SZG) Stock Price, News & Analysis

Company Overview

Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through four segments: Steel Production, Steel Processing, Trading, and Technology. The Steel Production segment manufactures steel and special steels, such as hot-rolled wide strip, steel sheet, sections, tailored blanks, as well as scrap trading. The Steel Processing segment produces various high-grade heavy plates; and manufactures line pipes, HFI-welded tubes, and precision and stainless-steel tubes. 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. The company was founded in 1858 and is headquartered in Salzgitter, Germany.

Key Stats

• Today's Range: €15.45 to €15.92
• 50-Day Range: €13.22 to €19.18
• 52-Week Range: €13.08 to €29.54
• Volume: 199,311 shs
• Average Volume: 273,405 shs
• Market Capitalization: $854.62 million
• P/E Ratio: 39.50
• Dividend Yield: 2.85%
• Price Target: N/A
• Consensus Rating: N/A

SZG Stock Analysis - Frequently Asked Questions

How have SZG shares performed this year?

Salzgitter's stock was trading at €28.00 on January 1st, 2024. Since then, SZG shares have decreased by 43.6% and is now trading at €15.80.
View the best growth stocks for 2024 here.

What other stocks do shareholders of Salzgitter own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Salzgitter investors own include Aquinox Pharmaceuticals (AQXP), Bayer Aktiengesellschaft (BAYN), Broadcom (AVGO), Meta Platforms (META), Micron Technology (MU), Anglo American (AAL) and AbbVie (ABBV).

Industry, Sector and Symbol

• Stock Exchange: ETR
• Sector: Basic Materials
• Industry: Steel
• Sub-Industry: N/A
• Current Symbol: ETR:SZG
• CUSIP: N/A
• CIK: N/A
• Web: www.salzgitter-ag.com
• Phone: +49-5341-2101
• Fax: N/A
• Employees: 24,551
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): €0.40
• Trailing P/E Ratio: 39.50
• Forward P/E Ratio: 1.64
• P/E Growth: -0.09
• Net Income: $20.90 million
• Net Margins: 0.21%
• Pretax Margin: N/A
• Return on Equity: 0.52%
• Return on Assets: -0.44%

Debt

• Debt-to-Equity Ratio: 23.89
• Current Ratio: 1.73
• Quick Ratio: 0.89

Sales & Book Value

• Annual Sales: $10.20 billion
• Price / Sales: 0.08
• Cash Flow: €8.35 per share
• Price / Cash Flow: 1.89
• Book Value: €88.29 per share
• Price / Book: 0.18

Miscellaneous

• Outstanding Shares: 54,090,000
• Free Float: N/A
• Market Cap: $854.62 million
• Optionable: Not Optionable
• Beta: 2.01