ArcelorMittal Stock Today

MT Stock  USD 30.43  0.66  2.12%   
Market Performance
14 of 100
Odds Of Distress
Less than 33
ArcelorMittal is selling for under 30.43 as of the 4th of February 2023; that is -2.12 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 30.38. ArcelorMittal has about a 33 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for ArcelorMittal SA ADR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of January 2023 and ending today, the 4th of February 2023. Please note, there could be an existing legal relationship between ArcelorMittal SA ADR (MT) and ARCELORMITTAL (MTCN1). Click here to learn more.
CUSIP
03937Y206
Fiscal Year End
December
Business Domain
Materials
IPO Date
8th of August 1997
Category
Basic Materials
ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in Europe, North and South America, Asia, and Africa. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg City, Luxembourg. Arcelormittal ADR operates under Steel classification in the United States and is traded on New York Stock Exchange. The company has 816 M outstanding shares of which 3.6 M shares are now sold short in the market by investors with about 1.62 days to cover all shorted shares. More on ArcelorMittal SA ADR

Moving together with ArcelorMittal

+0.97CLFCleveland-Cliffs Sell-off TrendPairCorr
+0.82NUENucor Corp Sell-off TrendPairCorr
+0.91DDDupont De Nemours Earnings Call This WeekPairCorr

ArcelorMittal Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ArcelorMittal's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ArcelorMittal or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Related EntityMTCN1 (ARCELORMITTAL)
CEOAlain Grix
Old Names[ArcelorMittal SA, MT]
Thematic Ideas
(view all).
Fama & French Classification
Average Analyst Recommendation
Analysts covering ArcelorMittal report their recommendations after researching ArcelorMittal's financial statements, talking to executives and customers, or listening in on ArcelorMittal's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering ArcelorMittal SA ADR. The ArcelorMittal consensus assessment is calculated by taking the average forecast from all of the analysts covering ArcelorMittal.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of ArcelorMittal SA ADR based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of ArcelorMittal SA ADR financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted1.2 B1.3 B
Significantly Down
Up
Slightly volatile
Weighted Average Shares1.1 B1.2 B
Significantly Down
Up
Slightly volatile
Return on Average Assets0.220.2
Significantly Up
Up
Slightly volatile
Net Cash Flow from Operations12.3 B11.4 B
Significantly Up
Up
Slightly volatile
Current Liabilities20.8 B21.8 B
Sufficiently Down
Down
Pretty Stable
Total Liabilities39.8 B35.3 B
Moderately Up
Down
Slightly volatile
Gross Margin0.310.29
Notably Up
Up
Slightly volatile
Total Debt11.3 B7.6 B
Way Up
Down
Slightly volatile
Asset Turnover0.981.02
Sufficiently Down
Up
Slightly volatile
Current Assets29 B31.4 B
Significantly Down
Down
Pretty Stable
Total Assets82.5 B81.5 B
Fairly Up
Down
Slightly volatile
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of ArcelorMittal's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
ArcelorMittal's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to ArcelorMittal's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
ArcelorMittal's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of ArcelorMittal's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ArcelorMittal's financial leverage. It provides some insight into what part of ArcelorMittal's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on ArcelorMittal's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how ArcelorMittal deploys its capital and how much of that capital is borrowed.
Liquidity
ArcelorMittal cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 6.49 B of total liabilities with total debt to equity ratio (D/E) of 0.17, which may suggest the company is not taking enough advantage from financial leverage. ArcelorMittal SA ADR has a current ratio of 1.59, which is generally considered normal. Debt can assist ArcelorMittal until it has trouble settling it off, either with new capital or with free cash flow. So, ArcelorMittal's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ArcelorMittal SA ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ArcelorMittal to invest in growth at high rates of return. When we think about ArcelorMittal's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

12.29 Billion
ArcelorMittal SA ADR (MT) is traded on New York Stock Exchange in USA and employs 158,000 people. ArcelorMittal is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a market capitalization of 25.04 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ArcelorMittal's market, we take the total number of its shares issued and multiply it by ArcelorMittal's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. ArcelorMittal SA ADR is active under Metals & Mining sector as part of Materials industry. The entity has 816 M outstanding shares of which 3.6 M shares are now sold short in the market by investors with about 1.62 days to cover all shorted shares. ArcelorMittal SA ADR reports about 1.54 B in cash with 9.9 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.21.
Check ArcelorMittal Probability Of Bankruptcy
Ownership
ArcelorMittal SA ADR retains a total of 816 Million outstanding shares. Almost 94.0 percent of ArcelorMittal outstanding shares are held by regular investors with 0.0 (percent) owned by insiders and only 6.447999999999999 % by other corporate entities. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation

Check ArcelorMittal Ownership Details

ArcelorMittal Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of ArcelorMittal jumping above the current price in 90 days from now is about 12.22%. The ArcelorMittal SA ADR probability density function shows the probability of ArcelorMittal stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.5399. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ArcelorMittal will likely underperform. Additionally, the company has an alpha of 0.2971, implying that it can generate a 0.3 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 30.43HorizonTargetOdds Above 30.43
87.70%90 days
 30.43 
12.22%
Based on a normal probability distribution, the odds of ArcelorMittal to move above the current price in 90 days from now is about 12.22 (This ArcelorMittal SA ADR probability density function shows the probability of ArcelorMittal Stock to fall within a particular range of prices over 90 days) .

ArcelorMittal Stock Institutional Holders

Institutional Holdings refers to the ownership stake in ArcelorMittal that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ArcelorMittal's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ArcelorMittal's value.
InstituionSecurity TypeTotal SharesValue
Zweigdimenna Associates LlcCommon Shares757.6 K6.3 M
Zurcher Kantonalbank Zurich CantonalbankDebt986 K999 K
Zions Bancorporation NaCommon Shares49110 K
View ArcelorMittal Diagnostics

ArcelorMittal Historical Income Statement

ArcelorMittal SA ADR Income Statement is one of the three primary financial statements used for reporting ArcelorMittal's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ArcelorMittal SA ADR revenue and expense. ArcelorMittal Income Statement primarily focuses on the company's revenues and expenses during a particular period.
ArcelorMittal Operating Expenses is comparatively stable at the moment as compared to the past year. ArcelorMittal reported Operating Expenses of 2.03 Billion in 2022. Operating Income is likely to gain to about 21.1 B in 2023, whereas Weighted Average Shares Diluted is likely to drop slightly above 1.2 B in 2023. View More Fundamentals

ArcelorMittal Stock Against Markets

Picking the right benchmark for ArcelorMittal stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ArcelorMittal stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ArcelorMittal is critical whether you are bullish or bearish towards ArcelorMittal SA ADR at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ArcelorMittal without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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ArcelorMittal Corporate Directors

ArcelorMittal corporate directors refer to members of an ArcelorMittal board of directors. The board of directors generally takes responsibility for the ArcelorMittal's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of ArcelorMittal's board members must vote for the resolution. The ArcelorMittal board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Lewis Kaden - Lead Independent DirectorProfile
Bruno Lafont - Lead Non-Executive Independent DirectorProfile
Henk Scheffer - Secretary to the Company and Board of DirectorsProfile
Narayanan Vaghul - Independent DirectorProfile

Invested in ArcelorMittal SA ADR?

The danger of trading ArcelorMittal SA ADR is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ArcelorMittal is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ArcelorMittal. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ArcelorMittal SA ADR is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Correlation Analysis. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running ArcelorMittal SA ADR price analysis, check to measure ArcelorMittal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ArcelorMittal is operating at the current time. Most of ArcelorMittal's value examination focuses on studying past and present price action to predict the probability of ArcelorMittal's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ArcelorMittal's price. Additionally, you may evaluate how the addition of ArcelorMittal to your portfolios can decrease your overall portfolio volatility.
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Is ArcelorMittal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ArcelorMittal. If investors know ArcelorMittal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ArcelorMittal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.73) 
Market Capitalization
25 B
Quarterly Revenue Growth
(0.06) 
Return On Assets
0.1037
Return On Equity
0.2608
The market value of ArcelorMittal SA ADR is measured differently than its book value, which is the value of ArcelorMittal that is recorded on the company's balance sheet. Investors also form their own opinion of ArcelorMittal's value that differs from its market value or its book value, called intrinsic value, which is ArcelorMittal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ArcelorMittal's market value can be influenced by many factors that don't directly affect ArcelorMittal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ArcelorMittal's value and its price as these two are different measures arrived at by different means. Investors typically determine ArcelorMittal value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ArcelorMittal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.