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ArcelorMittal (GB:0RP9)
LSE:0RP9
ArcelorMittal (0RP9) Share Price & Analysis
4 Followers
0RP9 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€17.29 - €26.94
Previous Close€20.79
Volume104.48K
Average Volume (3M)716.91K
Market Cap
€17.15B
Enterprise Value€22.81B
Total Cash (Recent Filing)$7.69B
Total Debt (Recent Filing)$11.74B
Price to Earnings (P/E)20.6
Beta1.51
Next Earnings
Aug 01, 2024EPS Estimate
€0.7Last Dividend Ex-Date
May 16, 2024Dividend Yield2.09%
Share Statistics
EPS (TTM)0.92
Shares Outstanding816,000,000
10 Day Avg. Volume588,871
30 Day Avg. Volume716,907
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)0.36
Price to Sales (P/S)0.27
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.55
Enterprise Value/Gross Profit4.81
Enterprise Value/Ebitda2.98
Forecast
1Y Price Target
€29.27Price Target Upside41.81% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
ArcelorMittal News
PremiumCompany Announcements
ArcelorMittal Executes Share Buyback Transactions
PremiumCompany Announcements
ArcelorMittal Share Transaction Overview
PremiumCompany Announcements
ArcelorMittal Executes Share Buyback for CancellationBulls Say, Bears Say
Bulls Say
Financial PerformanceArcelorMittal's Q1 EBITDA of US$1.96bn surpassed company consensus by 8%, driven by better margin performance across divisions.
Investment StrategyArcelorMittal focuses on achieving approximately 15% post-tax internal rate of return for each investment, ensuring positive returns.
Market OutlookArcelorMittal expects global apparent steel demand, excluding China, to grow between 3% and 4%, indicating a positive market outlook.
Bears Say
Financial ImpactEvery week of shipment/production loss would negatively impact group EBITDA by up to ~US$40mn or ~0.5% of the 2024 EBITDA forecast.
Market ConcernsDespite having comparable margin and sales growth to US peers, MT is trading at a lower multiple, indicating market concerns about the near-term outlook.
Operational DisruptionsProduction has been halted for over two weeks at the Lázaro Cárdenas mill in Mexico, resulting in ~100kt of lost production.
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Options Prices
Currently, No data available
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Ownership Overview
38.90% Insiders
5.35% Mutual Funds
4.68% Other Institutional Investors
51.07% Public Companies and
Individual Investors
0RP9 FAQ
What was ArcelorMittal’s price range in the past 12 months?
ArcelorMittal lowest share price was €17.29 and its highest was €26.93 in the past 12 months.
What is ArcelorMittal’s market cap?
Currently, no data Available
When is ArcelorMittal’s upcoming earnings report date?
ArcelorMittal’s upcoming earnings report date is Aug 01, 2024 which is in 7 days.
How were ArcelorMittal’s earnings last quarter?
ArcelorMittal released its earnings results on May 02, 2024. The company reported €1.065 earnings per share for the quarter, beating the consensus estimate of €0.835 by €0.23.
Is ArcelorMittal overvalued?
According to Wall Street analysts ArcelorMittal’s price is currently Undervalued.
Does ArcelorMittal pay dividends?
ArcelorMittal pays a Annually dividend of €0.23 which represents an annual dividend yield of 2.09%. See more information on ArcelorMittal dividends here
What is ArcelorMittal’s EPS estimate?
ArcelorMittal’s EPS estimate is €0.7.
How many shares outstanding does ArcelorMittal have?
ArcelorMittal has 852,809,750 shares outstanding.
What happened to ArcelorMittal’s price movement after its last earnings report?
ArcelorMittal reported an EPS of €1.065 in its last earnings report, beating expectations of €0.835. Following the earnings report the stock price went up 2.697%.
Which hedge fund is a major shareholder of ArcelorMittal?
Currently, no hedge funds are holding shares in GB:0RP9
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ArcelorMittal Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
€29.27 (41.81% Upside)
€29.27 (41.81% Upside)
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-14.98%
12-Months-Change
Fundamentals
Return on Equity
1.74%
Trailing 12-Months
Asset Growth
-4.03%
Trailing 12-Months
Company Description
ArcelorMittal
ArcelorMittal is the largest player in the global steel industry. Formed in 2006 via the merger of Arcelor and Mittal Steel, the two largest steelmakers at the time, ArcelorMittal now produces more than 5% of the world's steel. The company derives the majority of its revenue from North America and Europe, while emerging markets account for approximately 40% of total sales. However, the company is slated to divest its ArcelorMittal USA operations to Cleveland-Cliffs in a transaction expected to close by year-end 2020.
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0RP9 Stock 12 Month Forecast
Average Price Target
€29.27
▲(41.81% Upside)
Technical Analysis
Best Analysts Covering 0RP9
1 Year
1 Year Success Rate
22/47 ratings generated profit
1 Year Average Return
+20.93%
reiterated a buy rating 27 days ago
Copying Alain Gabriel's trades and holding each position for 1 Year would result in 46.81% of your transactions generating a profit, with an average return of +20.93% per trade.
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