The price-to-earnings ratio for ArcelorMittal S.A. (NYSE: MT) is 3.72x, which is above its average ratio. Moreover, the 36-month beta value for MT is 1.91. Analysts have varying opinions on the stock, with 11 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 0 as “sell.”
The average price recommended by analysts for ArcelorMittal S.A. (MT) is $38.07, which is $11.82 above the current market price. The public float for MT is 697.16M and currently, short sellers hold a 0.99% of that float. On May 25, 2023, MT’s average trading volume was 2.69M shares.
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MT) stock’s latest price update
ArcelorMittal S.A. (NYSE: MT)’s stock price has gone decline by -0.14 in comparison to its previous close of 25.74, however, the company has experienced a -4.16% decrease in its stock price over the last five trading days. MarketWatch.com reported on 01/28/23 that How to invest in ‘green steel’ disrupters: U.S. company gets ArcelorMittal backing and more stocks to watch
MT’s Market Performance
ArcelorMittal S.A. (MT) has experienced a -4.16% fall in stock performance for the past week, with a -7.64% drop in the past month, and a -12.66% drop in the past quarter. The volatility ratio for the week is 1.60%, and the volatility levels for the past 30 days are at 1.99% for MT. The simple moving average for the past 20 days is -4.86% for MT’s stock, with a -2.84% simple moving average for the past 200 days.
MT Trading at -8.04% from the 50-Day Moving Average
After a stumble in the market that brought MT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.88% of loss for the given period.
Volatility was left at 1.99%, however, over the last 30 days, the volatility rate increased by 1.60%, as shares sank -9.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.75% lower at present.
During the last 5 trading sessions, MT fell by -4.21%, which changed the moving average for the period of 200-days by +3.01% in comparison to the 20-day moving average, which settled at $26.89. In addition, ArcelorMittal S.A. saw -1.96% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for MT
Current profitability levels for the company are sitting at:
- +14.15 for the present operating margin
- +16.98 for the gross margin
The net margin for ArcelorMittal S.A. stands at +11.65. The total capital return value is set at 18.61, while invested capital returns managed to touch 16.52. Equity return is now at value 11.80, with 6.60 for asset returns.
Based on ArcelorMittal S.A. (MT), the company’s capital structure generated 23.10 points at debt to equity in total, while total debt to capital is 18.76. Total debt to assets is 12.86, with long-term debt to equity ratio resting at 18.19. Finally, the long-term debt to capital ratio is 14.78.
When we switch over and look at the enterprise to sales, we see a ratio of 0.29, with the company’s debt to enterprise value settled at 0.42. The receivables turnover for the company is 13.98 and the total asset turnover is 0.90. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.66.
Conclusion
To wrap up, the performance of ArcelorMittal S.A. (MT) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
