Analysts anticipate on less revenue Salzgitter

Tomorrow the German Salzgitter will report her past quarter's results. For this year the consensus of the revenue equals 8,34 billion euros. This is slightly lower than the 2015's revenue of 8,5 billion euros.

Historical revenues and results Salzgitter plus taxations 2016

The analysts foresee for 2016 a net profit of 47 million euros. For this year most of the analysts expect a profit per share of 88 cents. Based on the analyst's expectations the price/earnings-ratio is 31,55.

The consensus of the dividend per share is at 0,29 cents. The dividend yield consequently equals 1,04 percent. The average dividend of the industrial company equals 1,3 percent.

Latest target prices around 36 euros

Salzgitter is being covered by 24 analysts (only based on fundamental analysis). The average target price for the stock is at 29,28 euros. This is around 7 percent more than the current stock price of 27,76 euros. The 3 most recent recommendations for German were provided by Berenberg (buy, 37,00 euros), Deutsche Bank (buy, 41,00 euros) and Morgan Stanley (hold, 31,00 euros).

Based on the number of outstanding shares Salzgitter's market capitalization equals 1,5 billion euros.

At 10.36 the stock traded at 0,81 percent higher at 27,76 euros.

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