The third instalment of the ‘Steel Works’ thought leadership series focuses on innovation at ArcelorMittal, its unique proposition and vision for steel in the future.   ArcelorMittal’s ‘The Steel Works’ content series, featuring members of the Company’s global leadership team provides insight into the long-term trends, demand drivers, and innovative solutions and technologies that ArcelorMittal is developing to shape the future of the steel industry. The latest Steel Works four-part mini-series focuses on ...

Core Viewpoint - ArcelorMittal has initiated a new share buyback program following the completion of a previous program, with the first tranche involving up to 10 million shares, reflecting the company's commitment to returning capital to shareholders and managing its share capital effectively [1][6]. Group 1: Share Buyback Program - The new share buyback program will be conducted in tranches and may continue until May 2030, with the first tranche commencing immediately [1]. - The first tranche allows for the repurchase of up to 10 million shares, authorized by the annual general meeting of shareholders held on 30 April 2024 [1]. - The actual number of shares repurchased will depend on post-dividend free cash flow, shareholder authorization, and market conditions [1]. Group 2: Company Overview - ArcelorMittal is a leading integrated steel and mining company operating in 60 countries, with primary steelmaking operations in 15 countries [3]. - In 2024, the company generated revenues of $62.4 billion, producing 57.9 million metric tonnes of crude steel and 42.4 million tonnes of iron ore [3]. - The company serves a diverse customer base across various industries, including automotive, engineering, construction, and machinery [3]. Group 3: Corporate Purpose - The company's purpose is to produce innovative steels that are energy-efficient, low in carbon emissions, and cost-effective, supporting the transition to renewable energy infrastructure [4].

Core Points - ArcelorMittal has announced its Annual General Meeting (AGM) scheduled for May 6, 2025, at its registered office in Luxembourg [1] - Shareholders eligible to vote at the AGM must be on record as of April 22, 2025, at midnight [2] - Meeting documentation, including the Annual Report 2024, will be available on the company's website, and shareholders can request a soft or hard copy of the report [3] Company Overview - ArcelorMittal is a leading integrated steel and mining company operating in 60 countries, with primary steelmaking operations in 15 countries [5] - The company is the largest steel producer in Europe and has significant operations in the Americas and Asia, generating revenues of $62.4 billion in 2024, producing 57.9 million metric tonnes of crude steel and 42.4 million tonnes of iron ore [5] - The company's purpose is to produce innovative steels that are energy-efficient, low in carbon emissions, and suitable for renewable energy infrastructure [6]

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/ ...

Company Performance - ArcelorMittal has gained approximately 24.7% year-to-date, outperforming the Basic Materials sector, which has returned an average of 6.1% [4] - The Zacks Consensus Estimate for ArcelorMittal's full-year earnings has increased by 3.3% over the past three months, indicating improved analyst sentiment [4] - ArcelorMittal currently holds a Zacks Rank of 2 (Buy), suggesting a positive outlook for the stock [3] Industry Context - ArcelorMittal is part of the Steel - Producers industry, which consists of 18 individual stocks and currently ranks 80 in the Zacks Industry Rank [6] - The average gain for stocks in the Steel - Producers industry this year is 9.5%, indicating that ArcelorMittal is performing better than its industry peers [6] - Another competitor in the Basic Materials sector, Salzgitter AG, has shown a year-to-date return of 58.1% and also holds a Zacks Rank of 2 (Buy) [5]

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 ...

Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential [1] - Identifying the right entry point for fast-moving stocks is challenging, and investors may end up with expensive shares that have limited upside [1] Group 2: Zacks Momentum Style Score - The Zacks Momentum Style Score helps identify stocks with strong price or earnings trends, and the 'Fast-Paced Momentum at a Bargain' screen identifies attractively priced fast-moving stocks [2] Group 3: ArcelorMittal (MT) Stock Analysis - ArcelorMittal (MT) has shown a four-week price change of 3.8%, indicating growing investor interest [3] - Over the past 12 weeks, MT's stock gained 29.7%, demonstrating its ability to deliver positive returns over a longer timeframe [4] - MT has a beta of 1.79, suggesting it moves 79% higher than the market in either direction, indicating fast-paced momentum [4] - MT has a Momentum Score of A, suggesting it is an opportune time to invest in the stock [5] Group 4: Earnings Estimates and Valuation - MT has received upward revisions in earnings estimates, earning a Zacks Rank 2 (Buy), which is associated with strong momentum effects [6] - The stock is trading at a Price-to-Sales ratio of 0.38, indicating it is relatively cheap, as investors pay only 38 cents for each dollar of sales [6] - MT appears to have significant potential for growth at a fast pace [7] Group 5: Additional Investment Opportunities - Besides MT, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [7] - Zacks offers over 45 Premium Screens tailored to different investing styles, which can help identify winning stock picks [8]

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]

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]

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]