Financial Analysis: ArcelorMittal (MT)’s Ratios Unveil Key Insights

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As of close of business last night, ArcelorMittal’s stock clocked out at $22.35, down -2.83% from its previous closing price of $23.00. In other words, the price has decreased by -$2.83 from its previous closing price. On the day, 1.32 million shares were traded. MT stock price reached its highest trading level at $22.64 during the session, while it also had its lowest trading level at $22.34.

Ratios:

To gain a deeper understanding of MT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.04. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.16.

On April 16, 2024, Deutsche Bank Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $34 to $31.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MT now has a Market Capitalization of 18395725824 and an Enterprise Value of 25154650112. As of this moment, ArcelorMittal’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.80, and their Forward P/E ratio for the next fiscal year is 4.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 0.34. Its current Enterprise Value per Revenue stands at 0.381 whereas that against EBITDA is 4.598.

Stock Price History:

Over the past 52 weeks, MT has reached a high of $29.15, while it has fallen to a 52-week low of $21.30. The 50-Day Moving Average of the stock is -10.32%, while the 200-Day Moving Average is calculated to be -12.52%.

Shares Statistics:

It appears that MT traded 1.63M shares on average per day over the past three months and 1343880 shares per day over the past ten days. A total of 819.27M shares are outstanding, with a floating share count of 819.27M. Insiders hold about 0.00% of the company’s shares, while institutions hold 4.26% stake in the company. Shares short for MT as of 1718323200 were 4866965 with a Short Ratio of 2.99, compared to 1715731200 on 4897412.

Dividends & Splits

With its trailing 12-month dividend rate of 0.5, MT has a forward annual dividend rate of 0.47. Against a Trailing Annual Dividend Yield of 0.02173913The stock’s 5-year Average Dividend Yield is 3.21.

Earnings Estimates

Investors are keenly observing as 3.0 analysts analyze and rate the current performance of ArcelorMittal (MT) in the stock market.On average, analysts expect EPS of $0.83 for the current quarter, with a high estimate of $1.13 and a low estimate of $0.65, while EPS last year was $2.2. The consensus estimate for the next quarter is $0.73, with high estimates of $1.02 and low estimates of $0.3.

Analysts are recommending an EPS of between $4.63 and $2.5 for the fiscal current year, implying an average EPS of $3.66. EPS for the following year is $4.41, with 6.0 analysts recommending between $5.39 and $2.4.

Revenue Estimates

For the next quarter, 3 analysts are estimating revenue of $15.99B. There is a high estimate of $17.5B for the next quarter, whereas the lowest estimate is $14.88B.

A total of 5 analysts have provided revenue estimates for MT’s current fiscal year. The highest revenue estimate was $69.53B, while the lowest revenue estimate was $61.39B, resulting in an average revenue estimate of $65.22B. In the same quarter a year ago, actual revenue was $68.28BBased on 5 analysts’ estimates, the company’s revenue will be $66.42B in the next fiscal year. The high estimate is $70.91B and the low estimate is $59.54B.

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