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ArcelorMittal (MT)

(Delayed Data from NYSE)

$24.05 USD

24.05
1,027,142

+0.27 (1.14%)

Updated Oct 16, 2024 04:00 PM ET

After-Market: $24.04 -0.01 (-0.04%) 6:12 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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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 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%.

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Bottom 28% (181 out of 250)

Industry: Steel - Producers

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Zacks News

Stock Market News for Sep 21, 2021

Wall Street tumbled on Monday as the three major stock indexes ended deep in negative territory.

Here's Why You Should Buy ArcelorMittal (MT) Stock Right Now

ArcelorMittal (MT) benefits from a strong rebound in end-market demand, productivity actions and higher steel prices.

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Is This the Right Time to Buy Steel Stocks?

Steel stocks are particularly well-positioned right now.

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.

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

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

ArcelorMittal (MT) to Ramp Up Iron Ore Output in Liberia

ArcelorMittal (MT) and the Liberian government amend the existing MDA to ramp up mining operations in the country and economically uplift the nation.

ArcelorMittal's (MT) Hydrogen DRI Plant to Get Government Aid

ArcelorMittal's (MT) upcoming hydrogen DRI steel plant in Hamburg, the country's pioneering first-of-its-kind, has been offered financial help of Euro 55 million by the German Federal Government.

ArcelorMittal (MT) Dips More Than Broader Markets: What You Should Know

In the latest trading session, ArcelorMittal (MT) closed at $32.65, marking a -0.82% move from the previous day.

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5 Solid Steel Stocks to Snap Up As the Bull Run Continues

Strong demand and skyrocketing steel prices have put the steel industry on a solid footing. MT, NUE, X, ZEUS and TX are good options for investment right now.

ArcelorMittal's (MT) Stock Up 36% in 6 Months: Here's Why

Forecast-topping Q2 earnings performance and an upbeat steel demand outlook for 2021 have contributed to the run-up in ArcelorMittal's (MT) shares.

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?

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Scoop Up These 7 Low Price-to-Sales Stocks Reflecting Strength

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 FL, MT, NUS, MET, PIPR, KBH, and SMP are promising picks.

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

ArcelorMittal (MT) benefits from a strong rebound in demand, cost-reduction initiatives and higher steel prices.

Here's Why You Should Add Chemours (CC) Stock to Your Portfolio

Chemours (CC) benefits from increasing adoption of the Opteon platform and its actions to reduce costs.

Nucor (NUE) Rallies 92% in 6 Months: What's Driving the Stock?

Nucor (NUE) benefits from an upswing in steel prices and demand strength in non-residential construction and automotive markets.

The Zacks Analyst Blog Highlights: ArcelorMittal, Nucor, United States Steel, Olympic Steel and Schnitzer Steel

The Zacks Analyst Blog Highlights: ArcelorMittal, Nucor, United States Steel, Olympic Steel and Schnitzer Steel

Here's Why You Should Add Dow (DOW) Stock to Your Portfolio

Dow (DOW) benefits from strategic investments, productivity actions and higher demand across a number of markets.

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Global Steel July Production Up Even as China Output Drops

Crude steel production from China drops 8.4% year over year to 86.8 Mt in July on government's efforts to control production to reduce carbon emissions.

Olin's (OLN) Shares Up 50% in 6 Months: What's Driving the Stock?

Solid second-quarter earnings performance and an upbeat outlook have contributed to the run-up in Olin's (OLN) shares.

Nucor (NUE) Wraps Up Buyout of Hannibal for $370 Million

Nucor (NUE) completes the acquisition of Hannibal. The buyout is expected to bolster its product portfolio and capabilities.

Chemours (CC) Up 25% in 6 Months: What's Driving the Stock?

Chemours (CC) benefits from a recovery in demand on the global macroeconomic recovery and its cost-reduction actions.

Why You Should Add Olin (OLN) Stock to Your Portfolio Now

Olin (OLN) benefits from its productivity actions, the Lake City contract and investment in the IT project.

Recent Price Trend in ArcelorMittal (MT) is Your Friend, Here's Why

If you are looking for stocks that are well positioned to maintain their recent uptrend, ArcelorMittal (MT) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Here's Why You Should Add Westlake (WLK) to Your Portfolio

Westlake Chemical (WLK) benefits from strong demand for polyethylene and PVC resin and higher product prices.