Back to top
more

ArcelorMittal (MT)

(Delayed Data from NYSE)

$22.96 USD

22.96
2,458,998

-0.52 (-2.22%)

Updated Jun 26, 2024 04:00 PM ET

Pre-Market: $22.92 -0.04 (-0.17%) 8:38 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value D Growth C Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 33% (168 out of 250)

Industry: Steel - Producers

Better trading starts here.

Zacks News

What Makes CF Industries (CF) Stock a Solid Choice Right Now

CF Industries (CF) benefits from strong nitrogen fertilizer demand in major markets and higher nitrogen prices.

Univar (UNVR) Stock Up 28% YTD: What's Driving the Rally?

Univar (UNVR) gains on cost-cutting and productivity actions, higher demand and synergies of the Nexeo Solutions acquisition.

Anindya Barman headshot

5 Red-Hot Steel Stocks to Buy as HRC Prices Zoom Past $1,700

Soaring steel prices and demand upsurge across major end-markets have put the steel industry on a firm footing. MT, NUE, X, STLD and ZEUS are worth betting on right now.

What Makes LyondellBasell (LYB) Stock a Solid Choice Right Now

LyondellBasell (LYB) gains on higher demand, investment in the HDPE project, the buyout of A. Schulman and the joint venture with Sasol.

The Zacks Analyst Blog Highlights: Aperam, ArcelorMittal, Nucor Corporation, Schnitzer Steel, Olympic Steel, Ryerson Holding and Voestalpine

The Zacks Analyst Blog Highlights: Aperam, ArcelorMittal, Nucor Corporation, Schnitzer Steel, Olympic Steel, Ryerson Holding and Voestalpine

CF Industries (CF) Up 16% in 3 months: What's Driving the Stock?

CF Industries (CF) benefits from healthy nitrogen fertilizer demand in major markets and higher nitrogen prices.

    Sejuti Banerjea headshot

    Should You Buy Steel Stocks Now?

    The outlook appears robust for steel stocks right now.

    ArcelorMittal (MT) Outpaces Stock Market Gains: What You Should Know

    In the latest trading session, ArcelorMittal (MT) closed at $31.23, marking a +0.55% move from the previous day.

    Rajani Lohia headshot

    7 Low Price-to-Sales Stocks for Value-Focused Investors

    Price-to-sales is a convenient tool to gauge the value of stocks that are incurring losses or are in an early development cycle. Stocks like NUS, FL, SIG, MET, MT, VSH and SMP are promising picks.

    What Makes Cabot (CBT) Stock a Solid Choice Right Now

    Cabot (CBT) benefits from demand strength in tire and automotive markets, disciplined execution and targeted growth initiatives.

    Here's Why You Should Add Celanese (CE) to Your Portfolio

    Celanese (CE) benefits from its productivity actions, investments in high-return projects, demand recovery and strategic acquisitions.

    Should Value Investors Buy ArcelorMittal (MT) Stock?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

    Is ArcelorMittal (MT) Stock Outpacing Its Basic Materials Peers This Year?

    Is (MT) Outperforming Other Basic Materials Stocks This Year?

    ArcelorMittal (MT) Outpaces Stock Market Gains: What You Should Know

    ArcelorMittal (MT) closed at $31.03 in the latest trading session, marking a +0.78% move from the prior day.

    Anindya Barman headshot

    Global Steel Production Surges As China Output Hits All-Time High

    Crude steel production from China hit a fresh monthly record of 99.5 Mt in May on firm domestic demand and healthy margins at mills.

    Olin (OLN) Stock Up 78% in 6 Months: What's Behind the Rally?

    Upbeat outlook for the second quarter has contributed to the run-up in Olin's (OLN) shares.

    Here's What Makes U.S. Steel (X) Stock a Solid Choice Right Now

    U.S. Steel (X) benefits from strong end-market demand and higher domestic steel prices.

    New Strong Buy Stocks for June 22nd

    ADNT, CLR, MTZ, PIPR, and MT have been added to the Zacks Rank #1 (Strong Buy) List on June 22, 2021.

    Top Ranked Value Stocks to Buy for June 22nd

    MT, FISI, M, and TCFC made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 22, 2021

    ArcelorMittal (MT) Ends Second Buyback Program, Begins Third

    ArcelorMittal's (MT) third share buyback program is aimed at meeting debt obligations and/or reducing its share capital.

    ArcelorMittal (MT) Stock Moves -1.22%: What You Should Know

    In the latest trading session, ArcelorMittal (MT) closed at $28.42, marking a -1.22% move from the previous day.

    ArcelorMittal (MT) Upgraded to Strong Buy: Here's Why

    ArcelorMittal (MT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

    Top Ranked Value Stocks to Buy for June 17th

    MT, USAK, CCS, and LEVL made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 17, 2021.

    New Strong Buy Stocks for June 17th

    MT, FCF, SNA, DAR, and AMN have been added to the Zacks Rank #1 (Strong Buy) List on June 17, 2021.

    Anindya Barman headshot

    Zooming Prices Usher in Buoyant Times for Steel Makers: 5 Picks

    The steel industry is firing on all cylinders thanks to soaring steel prices and the demand upsurge across major end-markets. NUE, X, STLD, MT and TX are good options for investment right now.