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In the latest session, ArcelorMittal (NYSE: MT) closed at $25.11 down -0.28% from its previous closing price of $25.18. In other words, the price has decreased by -$0.28 from its previous closing price. On the day, 2.43 million shares were traded. MT stock price reached its highest trading level at $25.385 during the session, while it also had its lowest trading level at $24.955.
Ratios:
For a deeper understanding of ArcelorMittal’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.79. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Deutsche Bank on April 16, 2024, Downgraded its rating to Hold and sets its target price to $31 from $34 previously.
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 20524185600 and an Enterprise Value of 25673914368. As of this moment, ArcelorMittal’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.61, and their Forward P/E ratio for the next fiscal year is 5.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 0.38. Its current Enterprise Value per Revenue stands at 0.376 whereas that against EBITDA is 4.602.
Stock Price History:
Over the past 52 weeks, MT has reached a high of $30.15, while it has fallen to a 52-week low of $21.30. The 50-Day Moving Average of the stock is -6.61%, while the 200-Day Moving Average is calculated to be -3.73%.
Shares Statistics:
For the past three months, MT has traded an average of 1.58M shares per day and 1741990 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 4.53% stake in the company. Shares short for MT as of 1711584000 were 5987890 with a Short Ratio of 3.80, compared to 1709164800 on 4153576.
Dividends & Splits
According to the company, the forward annual dividend rate for MT is 0.44, from 0.5 in the trailing year. The stock’s 5-year Average Dividend Yield is 3.21.
Earnings Estimates
Currently, Micron Technology, Inc. analysts are dedicated to thoroughly evaluating and rating the performance of ArcelorMittal (MT) in the stock market.The consensus estimate for the next quarter is $16.12, with high estimates of $15.23 and low estimates of $456.05.
Analysts are recommending an EPS of between $Energy and $Industrials for the fiscal current year, implying an average EPS of $Communication Services.
