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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€24.06
Volume1.45M
Average Volume (3M)1.04M
Market Cap
€19.62B
Enterprise Value€25.34B
Total Cash (Recent Filing)$7.69B
Total Debt (Recent Filing)$11.74B
Price to Earnings (P/E)23.8
Beta1.54
Next Earnings
Aug 01, 2024EPS Estimate
€0.97Next Dividend Ex-DateN/A
Dividend Yield1.72%
Share Statistics
EPS (TTM)0.92
Shares Outstanding816,000,000
10 Day Avg. Volume588,871
30 Day Avg. Volume1,036,932
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/Revenue0.62
Enterprise Value/Gross Profit13.54
Enterprise Value/Ebitda3.31
Forecast
1Y Price Target
€29.20Price Target Upside21.38% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
ArcelorMittal News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceArcelorMittal's new EBITDA definition is significantly higher and more inclusive, reflecting a broader measure of company profitability.
Market DemandGlobal steel demand excluding China is expected to grow by 3-4%, demonstrating optimism in market demand.
Shareholder ValueCompany continues to allocate 50% of free cash flow to shareholders, reaffirming commitment to shareholder returns.
Bears Say
Corporate ActionsDespite strong balance sheet, elevated capex and minimal free cash flow in 2024 pose risk to potential extension of the buyback program.
Financial PerformanceCapex likely remaining elevated in the coming years, pressuring free cash flow.
Market DynamicsProlonged pricing pressure from low-cost imports and sluggish recovery in real industrial demand in Europe weighing on the operating outlook.
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Options Prices
Currently, No data available
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Ownership Overview
38.90% Insiders
5.11% Mutual Funds
4.90% Other Institutional Investors
51.08% 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 82 days.
How were ArcelorMittal’s earnings last quarter?
ArcelorMittal released its earnings results on May 02, 2024. The company reported €1.08 earnings per share for the quarter, beating the consensus estimate of €0.847 by €0.233.
Is ArcelorMittal overvalued?
According to Wall Street analysts ArcelorMittal’s price is currently Undervalued.
Does ArcelorMittal pay dividends?
ArcelorMittal does not currently pay dividends.
What is ArcelorMittal’s EPS estimate?
ArcelorMittal’s EPS estimate is €0.97.
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 €1.08 in its last earnings report, beating expectations of €0.847. Following the earnings report the stock price went up 2.713%.
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
Not Ranked
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10
Analyst Consensus
Moderate Buy
Average Price Target:
€29.20 (21.38% Upside)
€29.20 (21.38% 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
-1.86%
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
€29.20
▲(21.38% Upside)
Technical Analysis
Best Analysts Covering 0RP9
1 Year
1 Year Success Rate
21/46 ratings generated profit
1 Year Average Return
+22.69%
reiterated a buy rating 5 days ago
Copying Alain Gabriel's trades and holding each position for 1 Year would result in 45.65% of your transactions generating a profit, with an average return of +22.69% per trade.
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