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ArcelorMittal (MT)

(Delayed Data from NYSE)

$25.52 USD

25.52
1,631,323

+0.03 (0.12%)

Updated May 10, 2024 04:00 PM ET

After-Market: $25.52 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value D Growth D 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%.

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

Bottom 23% (194 out of 251)

Industry: Steel - Producers

Better trading starts here.

Zacks News

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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.

Daqo New Energy (DQ) Earnings and Sales Miss Estimates in Q2

Higher year over year polysilicon average selling price and sales volumes drive Daqo New Energy's (DQ) top line in Q2.

Yamana (AUY) Repurchases Common Shares Under Buyback Program

Yamana (AUY) repurchases 1,736,776 common shares for roughly C$10 million as part of its capital returns program.

Schnitzer (SCHN) Restarts Cascade Mills, to Buy Columbus Assets

Schnitzer (SCHN) restarts production at Cascade mills and announces an agreement to acquire assets of Columbus Recycling. These moves will bring it closer toward operations and services sustainability.

Zacks.com featured highlights include: ArcelorMittal, Vista Outdoor, Owens Corning, Greif and TTM Technologies

Zacks.com featured highlights include: ArcelorMittal, Vista Outdoor, Owens Corning, Greif and TTM Technologies

Marrone Bio (MBII) Q2 Earnings and Revenues Miss Estimates

Marrone Bio's (MBII) Q2 revenues were affected by severe drought in the western United States that led to reduced demand for insecticides and fungicides.

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Boost Your Portfolio for the Fall with this ROE Stock Screener

Investors might want to buy stocks as we get closer to the fall. And why not add highly-ranked stocks that have proven they can turn assets into profits...

Allegheny (ATI) Wraps Up Sale of Flowform Business for $55M

Allegheny (ATI) completes the sale of its Flowform business to Consolidated Boring. The deal is expected to provide the unit solid growth opportunities.

Rajani Lohia headshot

7 Low Price-to-Sales Stocks to Replenish Your Portfolio

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 HIBB, BSET, NUS, MET, MT, KBH, and SMP are promising picks.

Flexible Solutions (FSI) Q2 Earnings Beat Estimates, Revenues Lag

Flexible Solutions (FSI) benefits from higher customer orders in the second quarter. It expects the growth momentum to continue in the second half.

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5 Value Stocks With Impressive EV-to-EBITDA Ratios to Own Now

We have screened value stocks MT, VSTO, OC, GEF and TTMI based on EV-to-EBITDA ratio that offers a clearer picture of valuation and earnings potential.

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.

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

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

American Vanguard (AVD) Q2 Earnings and Sales Surpass Estimates

American Vanguard (AVD) sees higher sales across its domestic and international businesses in the second quarter.

Nucor (NUE) Wraps Up Buyout of Insulated Metal Panels Business

Nucor (NUE) completes the acquisition of Cornerstone Building's insulated metal panel business. The deal is expected to allow the company to better serve its customers.

Koppers' (KOP) Stock Rises 4% Since Earnings Beat in Q2

Koppers (KOP) sees record sales in its Performance Chemicals unit on strong demand in international markets in Q2.

TimkenSteel (TMST) Earnings and Sales Surpass Estimates in Q2

TimkenSteel (TMST) benefits from improved industrial and automotive demand in the second quarter.

Nutrien's (NTR) Earnings and Sales Miss Estimates in Q2

Nutrien (NTR) benefits from higher net realized selling prices and higher potash sales volumes in Q2.

CF Industries' (CF) Earnings and Sales Miss Estimates in Q2

CF Industries (CF) sees lower volumes in Q2 due to lower supply availability stemming from reduced production.