ArcelorMittal(MT)

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ArcelorMittal announces the completion of its 85 million shares buyback program
Newsfilter· 2025-04-02 08:30
2 April 2025, 10:30 CET ArcelorMittal (the "Company") today announces that it has completed the 85 million shares buyback program it announced on 5 May 2023 under the authorization given by the annual general meeting of shareholders of 2 May 2023 and continued under the 30 April 2024 annual general meeting of shareholders authorization. By market close on 1 April 2025, ArcelorMittal had repurchased 85 million shares. All details are available on the Company's website at: https://corporate.arcelormittal.com/ ...
Has ArcelorMittal (MT) Outpaced Other Basic Materials Stocks This Year?
ZACKS· 2025-04-01 14:41
Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Has ArcelorMittal (MT) been one of those stocks this year? By taking a look at the stock's year-to- date performance in comparison to its Basic Materials peers, we might be able to answer that question. ArcelorMittal is one of 232 individual stocks in the Basic Materials sector. Collectively, these companies sit at #15 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 differ ...
Is ArcelorMittal (MT) Stock Undervalued Right Now?
ZACKS· 2025-03-31 14:41
Investors should also note that MT holds a PEG ratio of 0.14. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. MT's industry has an average PEG of 0.35 right now. Over the last 12 months, MT's PEG has been as high as 0.56 and as low as 0.13, with a median of 0.35. Finally, investors should note that MT has a P/CF ratio of 5.78. This figure highlights a company's operating cash flow and can be used to find firms that are under ...
Fast-paced Momentum Stock ArcelorMittal (MT) Is Still Trading at a Bargain
ZACKS· 2025-03-31 13:50
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher." Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ...
ArcelorMittal announces publication of the 2024 statutory financial statements of ArcelorMittal parent company
GlobeNewswire· 2025-03-27 16:47
Financial Performance - ArcelorMittal published its statutory financial statements for the year ended 31 December 2024 [1] - The company generated revenues of $62.4 billion in 2024 [3] Production Metrics - ArcelorMittal produced 57.9 million metric tonnes of crude steel in 2024 [3] - The company also produced 42.4 million tonnes of iron ore during the same period [3] Company Overview - ArcelorMittal is one of the world's leading integrated steel and mining companies, operating in 60 countries [3] - It is the largest steel producer in Europe and has significant operations in the Americas and Asia through its joint venture AM/NS India [3] Corporate Purpose - The company's purpose is to produce smarter steels that use less energy, emit significantly less carbon, and reduce costs [4] - ArcelorMittal aims to support the renewable energy infrastructure and societal transformation through innovative steel production [4]
Undercovered Dozen: ArcelorMittal, Atlanta Braves Holdings, Geely Auto, UPS+
Seeking Alpha· 2025-03-14 20:30
Group 1 - The article highlights twelve actionable investment ideas on tickers with less coverage, referred to as "The Undercovered Dozen" [1] - Inclusion criteria for "undercovered" tickers include a market cap greater than $100 million, more than 800 symbol page views in the last 90 days on Seeking Alpha, and fewer than two articles published in the past 30 days [1] - The focus ranges from "boring" large caps to promising up-and-coming small caps, providing a diverse set of investment opportunities [1]
Here's Why ArcelorMittal (MT) is a Strong Momentum Stock
ZACKS· 2025-03-14 14:50
Core Insights - Zacks Premium offers tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Industry Rank, Equity Research reports, and Premium stock screens [1][2] - The Zacks Style Scores provide a framework for evaluating stocks based on value, growth, and momentum characteristics, aiding investors in selecting securities with high potential for market outperformance [2][3] Zacks Style Scores - The Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each rated from A to F based on their potential to outperform the market [3][4][5][6] - Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Sales [3] - Growth Score assesses a company's future earnings and sales potential to find stocks with sustainable growth [4] - Momentum Score evaluates price trends and earnings outlook to identify favorable buying opportunities [5] - VGM Score combines the three Style Scores to highlight stocks with the best overall characteristics [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors in building successful portfolios [7] - Stocks rated 1 (Strong Buy) have historically delivered an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal investment potential [9][10] Company Spotlight: ArcelorMittal - ArcelorMittal is the world's leading steel and mining company, operating in over 60 countries with a diverse portfolio of competitive steel plants [11] - The company holds a Zacks Rank of 2 (Buy) and a VGM Score of A, indicating strong investment potential [11] - ArcelorMittal's shares have increased by 7.3% in the past four weeks, supported by positive earnings estimate revisions for fiscal 2025 [12] - The Zacks Consensus Estimate for ArcelorMittal's earnings has risen to $3.75 per share, with an average earnings surprise of 4.1% [12]
Why Fast-paced Mover ArcelorMittal (MT) Is a Great Choice for Value Investors
ZACKS· 2025-03-14 13:50
Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Group 1: Momentum Investing Characteristics - Fast-moving trending stocks can be difficult to enter at the right time, as they may lose momentum if future growth does not justify their high valuations [2] - A safer strategy involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: ArcelorMittal (MT) Analysis - ArcelorMittal has shown a price increase of 7.3% over the past four weeks, indicating growing investor interest [4] - The stock has gained 33% over the past 12 weeks, with a beta of 1.79, suggesting it moves significantly more than the market [5] - MT has a Momentum Score of A, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - An upward trend in earnings estimate revisions has contributed to MT's Zacks Rank 2 (Buy), which is associated with strong momentum effects [7] - MT is trading at a Price-to-Sales ratio of 0.40, suggesting it is undervalued, as investors pay only 40 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides MT, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - Various Zacks Premium Screens are available to help identify winning stock picks based on different investing styles [9]
Designated Person Notification
GlobeNewswire News Room· 2025-03-14 13:00
Core Insights - ArcelorMittal is a leading integrated steel and mining company with operations in 60 countries and primary steelmaking in 15 countries, making it the largest steel producer in Europe and a significant player in the Americas and Asia [3] Group 1: Company Overview - In 2024, ArcelorMittal generated revenues of $62.4 billion, produced 57.9 million metric tonnes of crude steel, and 42.4 million tonnes of iron ore [3] - The company serves a diverse range of industries including automotive, engineering, construction, and machinery [3] Group 2: Corporate Purpose - ArcelorMittal aims to produce smarter steels that utilize innovative processes to reduce energy consumption, carbon emissions, and costs [4] - The company focuses on creating cleaner, stronger, and reusable steels to support renewable energy infrastructure and societal transformation [4] Group 3: Stock Information - ArcelorMittal is listed on multiple stock exchanges including New York, Amsterdam, Paris, Luxembourg, and various Spanish exchanges [5]
Should Value Investors Buy ArcelorMittal (MT) Stock?
ZACKS· 2025-03-13 14:46
Core Viewpoint - The article emphasizes the importance of value investing, highlighting companies that are undervalued by the market and using metrics like P/E, PEG, and P/CF ratios to identify strong investment opportunities [2][4][5][6]. Company Analysis - ArcelorMittal (MT) is currently rated 2 (Buy) with an A for Value, featuring a P/E ratio of 8.03 compared to the industry average of 10.98 [4]. - MT's Forward P/E has fluctuated between 4.80 and 8.54 over the past year, with a median of 5.80 [4]. - The PEG ratio for MT stands at 0.15, significantly lower than the industry average of 0.37, with historical values ranging from 0.13 to 0.56 and a median of 0.35 [5]. - MT's P/CF ratio is 6.06, compared to the industry average of 13.97, with a range over the past year from 4.12 to 14.53 and a median of 6.58 [6]. Additional Company Insights - Salzgitter (SZGPY) is also highlighted as a strong value stock, rated 2 (Buy) with a Value score of A, featuring a P/B ratio of 0.27 against the industry average of 1.58 [7]. - SZGPY's P/B ratio has varied from 0.15 to 0.29 over the past year, with a median of 0.20 [7]. - Both MT and SZGPY are considered impressive value stocks due to their strong earnings outlook and undervaluation metrics [8].