1. Homepage
  2. Equities
  3. Netherlands
  4. Euronext Amsterdam
  5. ArcelorMittal
  6. News
  7. MarketScreener Strategies
    MT   LU1598757687

ARCELORMITTAL

(MT)
  Report
Real-time Euronext Amsterdam  -  11:35 2022-08-09 am EDT
24.19 EUR   -0.70%
08/04ARCELORMITTAL : Big comeback of buyers
MS
07/29ARCELORMITTAL : 6-K - Form 6-K
PU
07/29ArcelorMittal announces publication of its 2022 half-year report
GL
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

ArcelorMittal : Big comeback of buyers

08/04/2022 | 11:24am EDT
long trade
Live
Entry price : 23.795€ | Target : 29€ | Stop-loss : 22€ | Potential : 21.87%
A strong break-out to the upside has recently been seen in ArcelorMittal. The current technical chart pattern could allow for a continuation of the upward dynamic.
Investors have an opportunity to buy the stock and target the € 29.
ArcelorMittal : ArcelorMittal : Big comeback of buyers
Summary
  • The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
  • The company has a good ESG score relative to its sector, according to Refinitiv.

Strengths
  • The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
  • The company shows low valuation levels, with an enterprise value at 0.28 times its sales.
  • The company's share price in relation to its net book value makes it look relatively cheap.
  • The company has a low valuation given the cash flows generated by its activity.
  • Over the last twelve months, the sales forecast has been frequently revised upwards.
  • For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
  • Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
  • The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.

Weaknesses
  • According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
  • The company's earnings growth outlook lacks momentum and is a weakness.
  • For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
  • For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
  • Over the past four months, analysts' average price target has been revised downwards significantly.
  • The overall consensus opinion of analysts has deteriorated sharply over the past four months.
  • The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.
Ratings chart
Subsector Other Steel
1st jan.Capitalization (M$)Investor Rating
ARCELORMITTAL-13.47%21 073
NUCOR19.62%35 776
TATA STEEL LIMITED-3.55%16 492
NIPPON STEEL CORPORATION12.64%14 473
STEEL DYNAMICS, INC.26.87%14 381
POSCO HOLDINGS INC.-10.38%13 936
PUBLIC JOINT STOCK COMPANY ..-48.83%11 216
CLEVELAND-CLIFFS INC.-14.70%9 606
YONGXING SPECIAL MATERIALS ..5.26%9 518
GERDAU S.A.-9.57%7 809
JFE HOLDINGS, INC.-1.43%6 185
More Results

© MarketScreener.com 2022

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2022 78 201 M - -
Net income 2022 11 456 M - -
Net Debt 2022 1 859 M - -
P/E ratio 2022 1,92x
Yield 2022 1,91%
Capitalization 20 943 M 20 943 M -
EV / Sales 2022 0,29x
EV / Sales 2023 0,31x
Nbr of Employees 158 000
Free-Float 50,7%
Upcoming event on ARCELORMITTAL
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 15
Last Close Price 24,74 $
Average target price 37,50 $
Spread / Average Target 51,6%
EPS Revisions
Managers and Directors
Aditya Mittal President, Chief Financial Officer & Director
Genuino M. Christino Chief Financial Officer & Executive Vice President
Lakshmi Niwas Mittal Executive Chairman
Pinakin Chaubal Chief Technology Officer
Henk Scheffer Secretary & Group Compliance Officer