Salzgitter (OTCMKTS:SZGPY) Announces Quarterly Earnings Results, Beats Expectations By $0.09 EPS

Posted by Ethan Ryder on May 12th, 2026

Salzgitter (OTCMKTS:SZGPY – Get Free Report) announced its quarterly earnings results on Tuesday. The basic materials company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.08 by $0.09, Zacks reports. Salzgitter had a negative return on equity of 1.60% and a negative net margin of 0.78%.

Salzgitter Price Performance

SZGPY remained flat at $5.80 during trading on Tuesday. The company’s stock had a trading volume of 3,013 shares, compared to its average volume of 176. The company’s 50 day moving average price is $5.18 and its 200 day moving average price is $4.90. Salzgitter has a 52-week low of $2.09 and a 52-week high of $6.86. The company has a market capitalization of $3.14 billion, a PE ratio of -38.66 and a beta of 1.56.

Analyst Upgrades and Downgrades

Several analysts recently commented on SZGPY shares. Citigroup reaffirmed a “neutral” rating on shares of Salzgitter in a research note on Thursday, January 22nd. UBS Group lowered Salzgitter from a “buy” rating to a “hold” rating in a research note on Thursday, January 22nd. Oddo Bhf raised Salzgitter from an “underperform” rating to an “outperform” rating in a research note on Monday, January 19th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Salzgitter in a research note on Thursday, February 5th. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Check Out Our Latest Stock Report on Salzgitter

About Salzgitter

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Salzgitter AG is a leading European steel producer headquartered in Salzgitter, Germany. The company operates an integrated steelworks, encompassing ironmaking, steelmaking, continuous casting and rolling mills. Its core business revolves around the production and processing of steel products for various industries, including automotive, construction, mechanical engineering and energy.

Founded in 1937 as part of Germany’s industrial expansion, Salzgitter evolved through post-war reconstruction and state ownership before being privatized in the late 1990s.