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

Andrew Lane

Morningstar | ArcelorMittal Delivered Strong 2018 Results but Guidance Is in Line With Our Outlook for Weak Demand

ArcelorMittal reported impressive results in 2018, highlighted by significant profit growth. However, the company issued soft guidance for global steel demand in 2019 at only 0.5%-1.0%. Most noteworthy, this includes a 0.5%-1.5% decrease in Chinese steel consumption. Additionally, management expects a $1.4 billion increase in cash needs for the upcoming year due primarily to higher capital expenditures and increased cash taxes. Additionally, with global steel prices now declining toward our below-consensus estimates, we forecast margin contraction ahead. Accordingly, we've reduced our fair val...

Andrew Lane

Morningstar | ArcelorMittal Delivered Strong 2018 Results but Guidance Is in Line With Our Outlook for Weak Demand. See Updated Analyst Note from 08 Feb 2019

ArcelorMittal reported impressive results in 2018, highlighted by significant profit growth. However, the company issued soft guidance for global steel demand in 2019 at only 0.5%-1.0%. Most noteworthy, this includes a 0.5%-1.5% decrease in Chinese steel consumption. Additionally, management expects a $1.4 billion increase in cash needs for the upcoming year due primarily to higher capital expenditures and increased cash taxes. Additionally, with global steel prices now declining toward our below-consensus estimates, we forecast margin contraction ahead. Accordingly, we've reduced our fair val...

Andrew Lane

ArcelorMittal Delivered Strong 2018 Results but Guidance Is in Line With Our Outlook for Weak Demand

ArcelorMittal reported impressive results in 2018, highlighted by significant profit growth. However, the company issued soft guidance for global steel demand in 2019 at only 0.5%-1.0%. Most noteworthy, this includes a 0.5%-1.5% decrease in Chinese steel consumption. Additionally, management expects a $1.4 billion increase in cash needs for the upcoming year due primarily to higher capital expenditures and increased cash taxes. Additionally, with global steel prices now declining toward our belo...

ArcelorMittal - September 2018 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

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.

Andrew Lane

Morningstar | ArcelorMittal Delivered Strong 2018 Results but Guidance Is in Line With Our Outlook for Weak Demand

ArcelorMittal reported impressive results in 2018, highlighted by significant profit growth. However, the company issued soft guidance for global steel demand in 2019 at only 0.5%-1.0%. Most noteworthy, this includes a 0.5%-1.5% decrease in Chinese steel consumption. Additionally, management expects a $1.4 billion increase in cash needs for the upcoming year due primarily to higher capital expenditures and increased cash taxes. Additionally, with global steel prices now declining toward our below-consensus estimates, we forecast margin contraction ahead. Accordingly, we've reduced our fair val...

Andrew Lane

Morningstar | ArcelorMittal Delivered Strong 2018 Results but Guidance Is in Line With Our Outlook for Weak Demand. See Updated Analyst Note from 08 Feb 2019

ArcelorMittal reported impressive results in 2018, highlighted by significant profit growth. However, the company issued soft guidance for global steel demand in 2019 at only 0.5%-1.0%. Most noteworthy, this includes a 0.5%-1.5% decrease in Chinese steel consumption. Additionally, management expects a $1.4 billion increase in cash needs for the upcoming year due primarily to higher capital expenditures and increased cash taxes. Additionally, with global steel prices now declining toward our below-consensus estimates, we forecast margin contraction ahead. Accordingly, we've reduced our fair val...

Andrew Lane

ArcelorMittal Delivered Strong 2018 Results but Guidance Is in Line With Our Outlook for Weak Demand

ArcelorMittal reported impressive results in 2018, highlighted by significant profit growth. However, the company issued soft guidance for global steel demand in 2019 at only 0.5%-1.0%. Most noteworthy, this includes a 0.5%-1.5% decrease in Chinese steel consumption. Additionally, management expects a $1.4 billion increase in cash needs for the upcoming year due primarily to higher capital expenditures and increased cash taxes. Additionally, with global steel prices now declining toward our belo...

Andrew Lane

Morningstar | ArcelorMittals Reports Strong 3Q Results and Announces Completion of ILVA Acquisition

ArcelorMittal issued robust third-quarter profits, as EBITDA rose 42% year on year to $2.7 billion. Operating margins for every reporting segment other than Europe came in above 10% in the quarter. Having updated our valuation model, our fair value estimates are unchanged at $20 and EUR 17 per share. Our long-term negative outlook for the company is unchanged, as we expect profitability for both the company's steelmaking and mining operations to contract in the years to come. Our no-moat rating also remains intact. Given our full-year adjusted EBITDA forecast of $10.6 billion, ArcelorMittal w...

Andrew Lane

Morningstar | ArcelorMittals Reports Strong 3Q Results and Announces Completion of ILVA Acquisition. See Updated Analyst Note from 01 Nov 2018

ArcelorMittal issued robust third-quarter profits, as EBITDA rose 42% year on year to $2.7 billion. Operating margins for every reporting segment other than Europe came in above 10% in the quarter. Having updated our valuation model, our fair value estimates are unchanged at $20 and EUR 17 per share. Our long-term negative outlook for the company is unchanged, as we expect profitability for both the company's steelmaking and mining operations to contract in the years to come. Our no-moat rating also remains intact. Given our full-year adjusted EBITDA forecast of $10.6 billion, ArcelorMittal w...

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.

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.

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