The stock of ArcelorMittal (MT) has gone up by 3.29% for the week, with a 21.54% rise in the past month and a 15.43% rise in the past quarter. The volatility ratio for the week is 2.75%, and the volatility levels for the past 30 days are 2.20% for MT. The simple moving average for the past 20 days is 7.36% for MT’s stock, with a 16.68% simple moving average for the past 200 days.
Is It Worth Investing in ArcelorMittal (NYSE: MT) Right Now?
ArcelorMittal (NYSE: MT) has a price-to-earnings ratio of 16.68x that is above its average ratio. Additionally, the 36-month beta value for MT is 1.82. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for MT is 785.37M and currently, short sellers hold a 0.52% ratio of that float. The average trading volume of MT on February 19, 2025 was 1.80M shares.
MT) stock’s latest price update
ArcelorMittal (NYSE: MT)’s stock price has dropped by -2.15 in relation to previous closing price of 28.89. Nevertheless, the company has seen a gain of 3.29% in its stock price over the last five trading days. zacks.com reported 2025-02-17 that Investors looking for stocks in the Steel – Producers sector might want to consider either ArcelorMittal (MT) or United States Steel (X). But which of these two companies is the best option for those looking for undervalued stocks?
Analysts’ Opinion of MT
BofA Securities, on the other hand, stated in their research note that they expect to see MT reach a price target of $32.90, previously predicting the price at $30. The rating they have provided for MT stocks is “Buy” according to the report published on November 14th, 2024.
MT Trading at 14.65% 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 -3.78% of loss for the given period.
Volatility was left at 2.20%, however, over the last 30 days, the volatility rate increased by 2.75%, as shares surge +17.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.77% upper at present.
During the last 5 trading sessions, MT rose by +2.96%, which changed the moving average for the period of 200-days by +12.41% in comparison to the 20-day moving average, which settled at $26.33. In addition, ArcelorMittal saw 22.22% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for MT
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- -0.46 for the gross margin
The net margin for ArcelorMittal stands at -0.02. The total capital return value is set at 0.01. Equity return is now at value 2.60, with 1.46 for asset returns.
Based on ArcelorMittal (MT), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 0.51. The debt to equity ratio resting at 0.21. The interest coverage ratio of the stock is 1.35.
Currently, EBITDA for the company is 4.65 billion with net debt to EBITDA at 1.69. When we switch over and look at the enterprise to sales, we see a ratio of 0.46. The receivables turnover for the company is 14.7for trailing twelve months and the total asset turnover is 0.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.35.
Conclusion
In conclusion, ArcelorMittal (MT) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
