ArcelorMittal

  • TickerMT
  • ISINUS03938L2034
  • CountryLuxembourg

Analysts

ValuEngine Rating and Forecast Report for MT

ValuEngine Rating and Forecast Report for MT

ValuEngine Rating and Forecast Report for MT

ValuEngine Rating and Forecast Report for MT

ArcelorMittal - June 2018 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

ValuEngine Rating and Forecast Report for MT

ValuEngine Rating and Forecast Report for MT

ValuEngine Rating and Forecast Report for MT

ValuEngine Rating and Forecast Report for MT

ArcelorMittal - June 2018 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

ArcelorMittal: Update to Discussion of Key Credit Factors after Upgrade to Baa3

ArcelorMittal’s Baa3 rating is supported by a strong business profile, ongoing deleveraging and good liquidity

Moody's upgrades ArcelorMittal's ratings to Baa3; stable outlook

Moody's Investors Service (Moody's) has today assigned a Baa3 long term issuer rating to ArcelorMittal, the world's largest steel producing company. The outlook on the rating is stable. "Today's upgrade reflects our expectation that ArcelorMittal will continue to reduce leverage on t...

ArcelorMittal - March 2018 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

ArcelorMittal - December 2017 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Andrew Lane

Morningstar | ArcelorMittal Once Again Outpaces Our Expectations in 2Q as EBITDA Jumps 46% Year Over Year

ArcelorMittal issued strong second-quarter results as year-on-year profits increased significantly across each steelmaking segment. We now believe the company will exceed $11 billion of adjusted EBITDA in 2018. This represents an impressive accomplishment, as profits have more than doubled since 2015. Having raised our near-term profit outlook, our fair value estimates rise to $20 per share and EUR 17 per share. Our no-moat rating is unchanged, although we do expect ArcelorMittal to generate returns on invested capital above its weighted average cost of capital this year. Thanks to management...

Andrew Lane

Morningstar | ArcelorMittal's margins will contract after 2018 amid lower global steel prices.

As the largest steelmaker in the world, ArcelorMittal relies primarily on blast furnaces to produce steel, with just shy of 20% of its production coming from electric arc furnaces. During periods of high steel demand, blast furnaces allow for low per-unit operating costs as fixed costs are spread across large production volumes. However, electric arc furnaces allow for greater flexibility when production volumes change, and they are less energy- and labor-intensive.ArcelorMittal generates roughly half of its sales in Europe, one third from North and South America combined, and the balance from...

Andrew Lane

ArcelorMittal Once Again Outpaces Our Expectations in 2Q as EBITDA Jumps 46% Year Over Year

ArcelorMittal issued strong second-quarter results as year-on-year profits increased significantly across each steelmaking segment. We now believe the company will exceed $11 billion of adjusted EBITDA in 2018. This represents an impressive accomplishment, as profits have more than doubled since 2015. Having raised our near-term profit outlook, our fair value estimates rise to $20 per share and EUR 17 per share. Our no-moat rating is unchanged, although we do expect ArcelorMittal to generate ret...

Andrew Lane

ArcelorMittal's margins will contract in 2018 and beyond amid lower global steel prices.

With 25% steel tariffs and 10% aluminum tariffs now set to take hold for imports from Canada, Mexico, and the European Union, we've raised our steel and aluminum pricing outlook. Previously, we expected that these key trading partners would remain exempt from the Trump administration's tariff program and instead be subject only to import quotas. We expect to raise our fair value estimates for the U.S. steel and aluminum companies we cover as a result of our more favorable pricing outlook. The ma...

Andrew Lane

Steel and Aluminum Tariffs Levied on Canada, Mexico, and EU; Raising U.S. Price Decks and FVEs

With 25% steel tariffs and 10% aluminum tariffs now set to take hold for imports from Canada, Mexico, and the European Union, we've raised our steel and aluminum pricing outlook. Previously, we expected that these key trading partners would remain exempt from the Trump administration's tariff program and instead be subject only to import quotas. We expect to raise our fair value estimates for the U.S. steel and aluminum companies we cover as a result of our more favorable pricing outlook. The ma...

ValuEngine Rating and Forecast Report for MT

ValuEngine Rating and Forecast Report for MT

ValuEngine Rating and Forecast Report for MT

ValuEngine Rating and Forecast Report for MT

ValuEngine Rating and Forecast Report for MT

ValuEngine Rating and Forecast Report for MT

ValuEngine Rating and Forecast Report for MT

ValuEngine Rating and Forecast Report for MT

ValuEngine Rating and Forecast Report for MT

ValuEngine Rating and Forecast Report for MT

Dave Nicoski ...
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

Jérôme VINERIER

Short term view - ARCELOR MITTAL : The major resistance has been reached, it causes the fall.

The trend is still bearish. No indicator nor pattern are questioning it. The invalidation is above €30.70. The target is at €25.10Arguments :- The major resistance has been reached, it causes the fall.

Shelley Moen

Vermilion Int'l Compass: Global Equity Strategy

Weekly summary of Vermilion's global technical equity strategy calls, including sector weightings, from both a top down and bottoms up perspective. For a trial to Vermilion Research visit our website at www.vermilioncap.com or contact our sales team at (952) 922-7500.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch