Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
ArcelorMittal (GB:0RP9)
LSE:0RP9
ArcelorMittal (0RP9) Share Price & Analysis
4 Followers
0RP9 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€17.12 - €26.67
Previous Close€21.61
Volume120.83K
Average Volume (3M)881.20K
Market Cap
€17.37B
Enterprise Value€23.11B
Total Cash (Recent Filing)$7.69B
Total Debt (Recent Filing)$11.74B
Price to Earnings (P/E)21.4
Beta1.52
Next Earnings
Aug 01, 2024EPS Estimate
€0.78Last Dividend Ex-Date
May 16, 2024Dividend Yield2.06%
Share Statistics
EPS (TTM)0.92
Shares Outstanding816,000,000
10 Day Avg. Volume588,871
30 Day Avg. Volume881,203
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/Revenue0.56
Enterprise Value/Gross Profit4.88
Enterprise Value/Ebitda3.02
Forecast
1Y Price Target
€28.73Price Target Upside32.95% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
ArcelorMittal News
PremiumCompany Announcements
ArcelorMittal Executes Share Buyback for Cancellation
PremiumPress Releases
Blackrock Inc. shareholding notification
PremiumPress Releases
ArcelorMittal Announces Pricing of Bond Issue
Bulls Say, Bears Say
Bulls Say
Financial PerformanceQ1 EBITDA (new definition) of US$1.96bn was 8% above company consensus of US$1.81bn.
Market OutlookExpect global apparent steel demand ex-China between +3% & +4% this year.
Strategic InitiativesArcelorMittal adopts a '3-pillar' approach: smart carbon, DRI, direct electrolysis.
Bears Say
Debt And Cash FlowElevated capital expenditures and minimal free cash flow pose a risk to the potential extension of the buyback program.
Pricing PressureProlonged pricing pressure from low-cost imports and a sluggish recovery in real industrial demand in Europe are weighing on the operating outlook.
Production IssuesProduction has been halted for over two weeks at the Lázaro Cárdenas mill in Mexico, resulting in approximately 100,000 tons of lost production.
---
Options Prices
Currently, No data available
---
Ownership Overview
38.90% Insiders
5.32% Mutual Funds
4.68% Other Institutional Investors
51.09% Public Companies and
Individual Investors
0RP9 FAQ
What was ArcelorMittal’s price range in the past 12 months?
ArcelorMittal lowest share price was €17.12 and its highest was €26.67 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 28 days.
How were ArcelorMittal’s earnings last quarter?
ArcelorMittal released its earnings results on May 02, 2024. The company reported €1.081 earnings per share for the quarter, beating the consensus estimate of €0.848 by €0.233.
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 2.06%. See more information on ArcelorMittal dividends here
What is ArcelorMittal’s EPS estimate?
ArcelorMittal’s EPS estimate is €0.78.
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 €1.081 in its last earnings report, beating expectations of €0.848. 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
---
ArcelorMittal Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
€28.73 (32.95% Upside)
€28.73 (32.95% Upside)
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-12.22%
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.
---
0RP9 Stock 12 Month Forecast
Average Price Target
€28.73
▲(32.95% Upside)
Technical Analysis
Best Analysts Covering 0RP9
1 Year
1 Year Success Rate
22/47 ratings generated profit
1 Year Average Return
+21.14%
reiterated a buy rating 7 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 +21.14% per trade.
---