Arcelormittal Stock News

ArcelorMittal (AMS:MT) has been assigned a 45.00 ($52.94) target price by The Goldman Sachs Group in a research note issued to investors on Monday, Borsen Zeitung reports. Several other analysts have also recently issued reports on MT. Kepler Capital Markets set a 40.00 ($47.06) price objective on shares of ArcelorMittal in a research note on []

Equities research analysts expect ArcelorMittal (NYSE:MT) to report earnings per share of $3.37 for the current quarter, Zacks reports. Two analysts have made estimates for ArcelorMittal’s earnings. ArcelorMittal reported earnings of $0.18 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 1,772.2%. The business is scheduled to report […]

Equities research analysts expect ArcelorMittal (NYSE:MT) to report sales of $20.78 billion for the current quarter, according to Zacks. Two analysts have issued estimates for ArcelorMittals earnings, with estimates ranging from $20.08 billion to $21.49 billion. ArcelorMittal reported sales of $14.18 billion during the same quarter last year, which would suggest a positive year over []

ArcelorMittal (NYSE:MT)s stock had its overweight rating restated by equities researchers at JPMorgan Chase & Co. in a research report issued to clients and investors on Friday, The Fly reports. MT has been the topic of several other reports. Zacks Investment Research lowered shares of ArcelorMittal from a buy rating to a hold rating and []

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ArcelorMittal (MT) benefits from a strong steel pricing environment in the third quarter, resulting in the highest net income since 2008.

As more companies confirm their plans, the number of those on deck to report quarterly earnings this week has swelled to more than 1,000.

ArcelorMittal's (MT) third-quarter results are likely to have benefited from strong end-market demand and higher steel prices.

ArcelorMittal (MT) closed the most recent trading day at $31.92, moving +0.57% from the previous trading session.

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Each one of the stocks on this list is trading at or below book value. These names are also trading with price-earnings ratio that are lower than the overall market.

19 October 2021, 13:00 CET

ArcelorMittal (MT) closed the most recent trading day at $32.13, moving +0.66% from the previous trading session.

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

ArcelorMittal (MT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).