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ArcelorMittal is a steel business based in the US. ArcelorMittal shares (MT) are listed on the NYSE and all prices are listed in US Dollars. ArcelorMittal employs 191,248 staff and has a trailing 12-month revenue of around USD$58 billion.
Since the stock market crash in March caused by coronavirus, ArcelorMittal's share price has had significant negative movement.
Its last market close was USD$14.27, which is 12.08% down on its pre-crash value of USD$16.23 and 114.91% up on the lowest point reached during the March crash when the shares fell as low as USD$6.64.
If you had bought USD$1,000 worth of ArcelorMittal shares at the start of February 2020, those shares would have been worth USD$521.66 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$965.51.
|Latest market close||USD$14.27|
|52-week range||USD$6.64 - USD$18.89|
|50-day moving average||USD$13.1683|
|200-day moving average||USD$11.2785|
|Wall St. target price||USD$18.6|
|Dividend yield||USD$0.2 (1.9%)|
|Earnings per share (TTM)||USD$0.613|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-10-15)||2.00%|
|1 month (2020-09-22)||14.80%|
|3 months (2020-07-22)||24.19%|
|6 months (2020-04-22)||50.37%|
|1 year (2019-10-22)||-4.87%|
|2 years (2018-10-22)||-47.48%|
|3 years (2017-10-20)||-52.18%|
|5 years (2015-10-22)||138.63%|
Valuing ArcelorMittal stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of ArcelorMittal's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
ArcelorMittal's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 29x. In other words, ArcelorMittal shares trade at around 29x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
ArcelorMittal's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.5074. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into ArcelorMittal's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
ArcelorMittal's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$2.2 billion.
The EBITDA is a measure of a ArcelorMittal's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$58 billion|
|Gross profit TTM||USD$3.7 billion|
|Return on assets TTM||-0.47%|
|Return on equity TTM||-9.99%|
|Market capitalisation||USD$15 billion|
TTM: trailing 12 months
There are currently 8.1 million ArcelorMittal shares held short by investors – that's known as ArcelorMittal's "short interest". This figure is 4.8% up from 7.7 million last month.
There are a few different ways that this level of interest in shorting ArcelorMittal shares can be evaluated.
ArcelorMittal's "short interest ratio" (SIR) is the quantity of ArcelorMittal shares currently shorted divided by the average quantity of ArcelorMittal shares traded daily (recently around 4.1 million). ArcelorMittal's SIR currently stands at 1.99. In other words for every 100,000 ArcelorMittal shares traded daily on the market, roughly 1990 shares are currently held short.
However ArcelorMittal's short interest can also be evaluated against the total number of ArcelorMittal shares, or, against the total number of tradable ArcelorMittal shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case ArcelorMittal's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 ArcelorMittal shares in existence, roughly 10 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable ArcelorMittal shares, roughly 0 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against ArcelorMittal.
Find out more about how you can short ArcelorMittal stock.
We're not expecting ArcelorMittal to pay a dividend over the next 12 months.
ArcelorMittal's shares were split on a 1:3 basis on 22 May 2017. So if you had owned 3 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your ArcelorMittal shares – just the quantity. However, indirectly, the new 200% higher share price could have impacted the market appetite for ArcelorMittal shares which in turn could have impacted ArcelorMittal's share price.
Over the last 12 months, ArcelorMittal's shares have ranged in value from as little as $6.64 up to $18.89. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while ArcelorMittal's is 1.9495. This would suggest that ArcelorMittal's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
ArcelorMittal, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia, and Africa. The company's principal steel products include semi-finished flat products, such as slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, and tinplate and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products, including bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. Its principal mining products comprise iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking and thermal coal, and pulverized coal injections. The company sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, as well as distributors. It has iron ore mining activities in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, Ukraine, and the United States; and coal mining activities in Kazakhstan and the United States. The company was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.
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