Analysts expect over 2020 decreasing revenue Salzgitter

Tomorrow the German Salzgitter will report its past quarters results. For this year Salzgitter's revenue will be around 7,55 billion euros. This is according to the average of the analysts' estimates. This is rather significant lower than 2018's revenue of 8,55 billion euros.

Historical revenues and results Salzgitter plus estimates 2020

fundamental research

The analysts expect for 2020 a net loss of 138 million euros. The majority of the analysts expects for this year a loss per share of 2,47 euros. The price/earnings-ratio therefore equals -4,57.

Despite the expected loss the company will probably pay a dividend. For this year most of the analysts expect a dividend of 0,18 cents per share. Thus the dividend yield equals 1,59 percent. The average dividend yield of the industrial companies equals an attractive 5,73 percent.

Newest target prices around 13 euros

The most recent recommendations for the industrial metals company are from Kepler Capital Markets, Jefferies & Co. and Morgan Stanley.

Salzgitter's market capitalization is based on the number of outstanding shares around 611,19 million euros. The Salzgitter stock was the past 12 months quite volatile. Since last May the stock is 55 percent lower. This year the stock price moved between 8 and 27 euro. Since 2008 the stock price is almost 80 percent higher.

Price data Salzgitter 2007-2020

fundamental research salzgitter

Click here for dividend . At 13.17 the stock trades 2,7 percent lower at 11,3 euros. Nieuwsdienst: +31 084-0032-842

Copyright B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.