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ArcelorMittal (MT)

(Delayed Data from NYSE)

$26.51 USD

26.51
2,812,132

+1.09 (4.29%)

Updated Nov 7, 2024 04:00 PM ET

After-Market: $26.51 0.00 (0.00%) 7:58 PM 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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5-Strong Sell of 5         5

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.

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A Value C Growth A 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%.

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

Bottom 16% (211 out of 251)

Industry: Steel - Producers

Zacks News

ArcelorMittal's (MT) Q2 Earnings Beat Estimates, Sales Miss

The decrease in sales of ArcelorMittal (MT) is primarily due to lower average steel selling prices and lower steel shipments in Q2.

ArcelorMittal (MT) Reports Q2 Earnings: What Key Metrics Have to Say

The headline numbers for ArcelorMittal (MT) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Is ArcelorMittal (MT) Stock Undervalued Right Now?

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.

ArcelorMittal (MT) and Snop Join Forces to Drive Decarbonization

ArcelorMittal (MT) and Snop forge a sustainable partnership to reduce carbon emissions in automotive steel production using innovative XCarb solutions.

ArcelorMittal (MT) Invests in New EAF to Drive Decarbonization

The new electric furnace by ArcelorMittal (MT) in Belval will be installed this year, with commissioning in 2025.

ArcelorMittal (MT) & John Cockerill Team Up for Volteron Plant

ArcelorMittal (MT) collaborates with John Cockerill to develop Volteron, an industrial-scale low-temperature iron electrolysis plant aimed at reducing carbon emissions in steel production.

ArcelorMittal (MT) & LanzaTech Begin Production in CCU Facility

The Steelanol facility by ArcelorMittal (MT) and LanzaTech boasts an annual capacity of 80 million liters of advanced ethanol.

ArcelorMittal (MT) Inks Deal to Supply XCarb to General Motors

XCarb RRP steel by ArcelorMittal (MT) is produced through the Electric Arc Furnace technique. It contains recycled content and does not use carbon offsets to achieve lower carbon intensity.

Are Basic Materials Stocks Lagging ArcelorMittal (MT) This Year?

Here is how ArcelorMittal (MT) and Ryerson Holding (RYI) have performed compared to their sector so far this year.

Rajani Lohia headshot

5 Low Price-to-Sales Stocks That Can Uplift Your Portfolio

The price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like B, AIG, MT, PAGS and PAM hold promise.

Best Value Stocks to Buy for May 30th

DHC, MT and RYI made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 30, 2023.

New Strong Buy Stocks for May 30th

DHC, MT, ATR, RYI and APAM have been added to the Zacks Rank #1 (Strong Buy) List on May 30, 2023.

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.

What Makes ArcelorMittal (MT) Stock a Solid Choice Right Now

ArcelorMittal (MT) gains on improved market conditions, expansion of its steel-making capacity and cost-improvement actions.

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

Here is how ArcelorMittal (MT) and Ryerson Holding (RYI) have performed compared to their sector so far this year.

Zacks.com featured highlights Barnes Group, International Group, ArcelorMittal, KB Home and Pampa Energia

Barnes Group, International Group, ArcelorMittal, KB Home and Pampa Energia are part of the Zacks Screen of the Week article.

Buy These 5 Low Price-to-Sales Stocks for a Sparkling Portfolio

The price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like B, AIG, MT, KBH and PAM hold promise.

Zacks.com featured highlights include Hudson Technologies, ArcelorMittal, KB Home and Pampa Energia

Hudson Technologies, ArcelorMittal, KB Home and Pampa Energia are part of the Zacks screen of the Week article.

Rajani Lohia headshot

4 Low Price-to-Sales Stocks for Promising Market Returns

The price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like HDSN, MT, KBH and PAM hold promise.

ArcelorMittal's (MT) Q1 Earnings Top Estimates, Revenues Lag

Lower average steel selling prices and reduced steel shipments hurt ArcelorMittal's (MT) performance in Q1.

Are Investors Undervaluing ArcelorMittal (MT) Right Now?

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.

Are Basic Materials Stocks Lagging Alamos Gold (AGI) This Year?

Here is how Alamos Gold (AGI) and ArcelorMittal (MT) have performed compared to their sector so far this year.

Are Investors Undervaluing Gerdau (GGB) Right Now?

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.

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STLD, NUE Set Tone for Steel Producer Earnings: 4 Picks

While macro concerns are a dampening factor, the secular drivers are strong for steel producers.

The Zacks Analyst Blog Highlights ArcelorMittal, Ternium, Essential Properties Realty Trust and KB Home

ArcelorMittal, Ternium, Essential Properties Realty Trust and KB Home are part of the Zacks top Analyst Blog.