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ArcelorMittal (DE:ARRD)
XETRA:ARRD
ArcelorMittal (ARRD) Stock Price & Analysis
14 Followers
ARRD Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€19.76 - €26.93
Previous Close€24.37
Volume3.32K
Average Volume (3M)18.31K
Market Cap
€19.38B
Enterprise Value€25.74B
Total Cash (Recent Filing)$7.69B
Total Debt (Recent Filing)$11.74B
Price to Earnings (P/E)24.1
Beta1.49
Next Earnings
Aug 01, 2024EPS Estimate
€0.91Last Dividend Ex-Date
Nov 13, 2023Dividend Yield1.68%
Share Statistics
EPS (TTM)0.92
Shares Outstanding816,000,000
10 Day Avg. Volume11,321
30 Day Avg. Volume18,313
Standard Deviation0.13
R-Squared0.56
Alpha0.00684
Financial Highlights & Ratios
Price to Book (P/B)0.36
Price to Sales (P/S)0.35
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.63
Enterprise Value/Gross Profit13.75
Enterprise Value/Ebitda3.37
Forecast
1Y Price Target
€29.53Price Target Upside21.32% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
ArcelorMittal News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceArcelorMittal's strong balance sheet and improving steel spreads are expected to support the company's share price.
Shareholder ValueArcelorMittal's policy of returning 50% of post-dividend annual free cash flow through buybacks demonstrates a commitment to shareholder returns.
Strategic InitiativesStrategic acquisition aimed at increasing exposure to premium downstream products aligns with company growth objectives.
Bears Say
Competitive PressuresA new investor could increase European Steel production, potentially depressing steel prices.
Market DynamicsSteel prices expected to align with lower raw material costs due to weak demand.
Regulatory RisksAcciaierie d'Italia could be placed into special administration according to press reports.
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Options Prices
Currently, No data available
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Ownership Overview
38.90% Insiders
5.11% Mutual Funds
4.92% Other Institutional Investors
51.07% Public Companies and
Individual Investors
ARRD FAQ
What was ArcelorMittal’s price range in the past 12 months?
ArcelorMittal lowest stock price was €19.76 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 90 days.
How were ArcelorMittal’s earnings last quarter?
ArcelorMittal released its earnings results on May 02, 2024. The company reported €1.083 earnings per share for the quarter, beating the consensus estimate of €0.849 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 €0.2 which represents an annual dividend yield of 1.68%. See more information on ArcelorMittal dividends here
What is ArcelorMittal’s EPS estimate?
ArcelorMittal’s EPS estimate is €0.91.
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 €1.083 in its last earnings report, beating expectations of €0.849. Following the earnings report the stock price went up 4.368%.
Which hedge fund is a major shareholder of ArcelorMittal?
Currently, no hedge funds are holding shares in DE:ARRD
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ArcelorMittal Stock Smart Score
Not Ranked
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Analyst Consensus
Moderate Buy
Average Price Target:
€29.53 (21.32% Upside)
€29.53 (21.32% Upside)
Insider Transactions
Sold Shares
Worth €110.0K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-2.92%
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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ARRD Stock 12 Months Forecast
Average Price Target
€29.53
▲(21.32% Upside)
Technical Analysis
Best Analysts Covering ARRD
1 Year
1 Year Success Rate
8/18 ratings generated profit
1 Year Average Return
-4.41%
reiterated a buy rating 2 days ago
Copying Andrew Jones CFA's trades and holding each position for 1 Year would result in 44.44% of your transactions generating a profit, with an average return of -4.41% per trade.
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