|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||27.62 - 28.06|
|52 Week Range||19.59 - 30.50|
|PE Ratio (TTM)||8.81|
|Earnings Date||Feb 21, 2017 - Feb 27, 2017|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||34.15|
ArcelorMittal (MT) is having an impressive run of late on the back of improving steel market conditions and the company's internal initiatives.
U.S. Steel posted FCF of $128 million in 3Q17, compared with $304 million in 2Q17 and $213 million in 3Q16. Nucor reported FCF of $313 million in 3Q17.
Celanese (CE) is taking appropriate pricing actions amid a volatile raw material pricing environment, which should lend support to its margins.
U.S. Steel (X) posted adjusted EBITDA of $342 million in 3Q17. The company posted EBITDA of $362 million in 2Q17 and $272 million in 3Q16.
Average selling price is a key metric that steel investors watch closely, and geographical exposure and product portfolios are among the key drivers.
DowDuPont's (DWDP) Transportation & Advanced Polymers unit will increase production capacity at its Mechelen site to meet the growing demand for DuPont Zytel HTN.
Nucor (NUE) will build a merchant bar quality mill in Illinois which will strengthen its product offerings in markets in the central United States.
Steel companies’ revenues are a function of commodity prices and shipments, and it's ideal for investors to follow quarterly production and shipment data.
U.S. Steel and ArcelorMittal posted better-than-expected revenues and profits in 3Q17, but AK Steel missed consensus estimates for its top and bottom lines.
Westlake Chemical (WLK) intends to use the net proceeds from the proposed senior notes offering to redeem senior notes due 2021 and 2023.
Last week started on a positive note for most steel stocks, with most seeing upward price action on Monday. But sentiments were mostly negative after that.
ArcelorMittal reported an adjusted EBITDA of $1.9 billion in 3Q17. The company posted an EBITDA of $2.1 billion in 2Q17 and $1.9 billion in 3Q16.
ArcelorMittal reported revenues of $17.6 billion in 3Q17. To put this in context, it posted revenues of $17.2 billion in 2Q17 and $14.5 billion in 3Q16.
ArcelorMittal, the world’s largest steelmaker (XME), released its 3Q17 earnings on November 10, 2017. It generated operating income of $1.2 billion in 3Q17.
ArcelorMittal SA (ADR) (NYSE:MT) stock was on the rise today following the release of its earnings report for the third quarter of 2017.Source: Shutterstock
How far off is ArcelorMittal (NYSE:MT) from its intrinsic value? Using the most recent financial data, I am going to take a look at whether the stock is fairly pricedRead More...