The price of ArcelorMittal S.A. (NYSE: MT) closed at 21.14 in the last session, down -1.86% from day before closing price of $21.54. In other words, the price has decreased by $-0.40 from its previous closing price. On the day, 2624139 shares were traded. MT reached its highest trading level at $21.89 during the session, while it also had its lowest trading level at $21.14.
We take a closer look at MT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.36. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.11.
Upgrades & Downgrades
Credit Suisse Upgraded its Neutral to Outperform on October 14, 2021, whereas the target price for the stock was revised from $34 to $42.
As of this moment, ArcelorMittal’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.26, and their Forward P/E ratio for the next fiscal year is 3.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 0.36.
Stock Price History:
Over the past 52 weeks, MT has reached a high of $37.87, while it has fallen to a 52-week low of $20.86. The 50-Day Moving Average of the stock is 23.42, while the 200-Day Moving Average is calculated to be 28.64.
According to the various share statistics, MT traded on average about 2.95M shares per day over the past 3-months and 3.33M shares per day over the past 10 days. A total of 924.00M shares are outstanding, with a floating share count of 662.16M. Insiders hold about 44.80% of the company’s shares, while institutions hold 6.40% stake in the company. Shares short for MT as of Jul 14, 2022 were 5.37M with a Short Ratio of 1.26, compared to 5.57M on Jun 14, 2022.
Dividends & Splits
The forward annual dividend rate for MT is 0.38, which was 0.30 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 1.39%, it implies a Forward Annual Dividend Yield of 1.55%. The current Payout Ratio is 2.30% for MT, which recently paid a dividend on Jun 09, 2022 with an ex-dividend date of May 12, 2022. Stock splits for the company last occurred on May 21, 2017 when the company split stock in a 1:3 ratio.
The company has 1 analysts who recommend its stock at the moment. On average, analysts expect EPS of $2.05 for the current quarter, with a high estimate of $2.05 and a low estimate of $2.05, while EPS last year was $3.46. The consensus estimate for the next quarter is $1.35, with high estimates of $1.35 and low estimates of $1.35.
Analysts are recommending an EPS of between $12.62 and $11.25 for the fiscal current year, implying an average EPS of $11.77. EPS for the following year is $5.22, with 6 analysts recommending between $7.67 and $2.
A total of 5 analysts have provided revenue estimates for MT’s current fiscal year. The highest revenue estimate was $80.68B, while the lowest revenue estimate was $74.63B, resulting in an average revenue estimate of $77.46B. In the same quarter a year ago, actual revenue was $76.57B, up 1.20% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $62.09B in the next fiscal year. The high estimate is $67.74B and the low estimate is $58.55B. The average revenue growth estimate for next year is down -19.80% from the average revenue estimate for this year.