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ArcelorMittal (GB:0RP9)
LSE:0RP9
Holding GB:0RP9?
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0RP9 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€17.29 - €26.94
Previous Close€21.75
Volume977.37K
Average Volume (3M)454.77K
Market Cap
€17.99B
Enterprise Value€23.55B
Total Cash (Recent Filing)$7.69B
Total Debt (Recent Filing)$11.74B
Price to Earnings (P/E)―
Beta1.46
Next Earnings
Nov 07, 2024EPS Estimate
€0.51Last Dividend Ex-Date
May 16, 2024Dividend Yield2.08%
Share Statistics
EPS (TTM)-0.64
Shares Outstanding816,000,000
10 Day Avg. Volume299,321
30 Day Avg. Volume454,770
Standard Deviation0.12
R-Squared0.48
Alpha0.00858
Financial Highlights & Ratios
Price to Book (P/B)0.32
Price to Sales (P/S)0.28
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.57
Enterprise Value/Gross Profit4.97
Enterprise Value/Ebitda3.08
Forecast
1Y Price Target
€29.70Price Target Upside36.56% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
ArcelorMittal News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceMajority debt-funding in AMNS India means potentially higher returns on equity for ArcelorMittal.
Investment StrategyArcelorMittal aims to achieve approximately 15% post-tax internal rate of return for each investment, ensuring positive returns are essential to any project.
Market PotentialIndia is an attractive steel market with growth and consolidated supply, leading to rational prices and relatively attractive margins.
Bears Say
Disruption RiskThe blockade is likely to be disruptive to the North America division.
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.
Production HaltProduction 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
5.58% Mutual Funds
4.74% Other Institutional Investors
50.78% 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 Nov 07, 2024 which is in 48 days.
How were ArcelorMittal’s earnings last quarter?
ArcelorMittal released its earnings results on Aug 01, 2024. The company reported €0.568 earnings per share for the quarter, missing the consensus estimate of €0.691 by -€0.123.
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 2.08%. See more information on ArcelorMittal dividends here
What is ArcelorMittal’s EPS estimate?
ArcelorMittal’s EPS estimate is €0.51.
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 €0.568 in its last earnings report, missing expectations of €0.691. Following the earnings report the stock price went up 21.02%.
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
Strong Buy
Average Price Target:
€29.70 (36.56% Upside)
€29.70 (36.56% Upside)
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-6.72%
12-Months-Change
Fundamentals
Return on Equity
-1.10%
Trailing 12-Months
Asset Growth
-3.09%
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
€29.70
▲(36.56% Upside)
Technical Analysis
Best Analysts Covering 0RP9
1 Year
1 Year Success Rate
23/48 ratings generated profit
1 Year Average Return
+20.94%
reiterated a buy rating last month
Copying Alain Gabriel's trades and holding each position for 1 Year would result in 47.92% of your transactions generating a profit, with an average return of +20.94% per trade.
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