ArcelorMittal [MT] stock prices are down -2.50% to $26.55 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MT shares have lost -1.15% over the last week, with a monthly amount drifted -17.03%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
ArcelorMittal [NYSE: MT] stock has seen the most recent analyst activity on April 10, 2025, when Goldman upgraded its rating to a Buy but kept the price target unchanged to $31.70 for it. Previously, Jefferies downgraded its rating to Hold on March 26, 2025. On February 14, 2025, downgrade downgraded it’s rating to Equal-Weight. BofA Securities upgraded its rating to a Buy and increased its price target to $32.90 on November 14, 2024. JP Morgan downgraded its rating to a Neutral. Deutsche Bank upgraded its rating to Buy for this stock on August 28, 2024, and upped its price target to $31. In a note dated August 19, 2024, Barclays upgraded an Overweight rating on this stock.
The stock price of ArcelorMittal [MT] has been fluctuating between $20.52 and $34.90 over the past year. Currently, Wall Street analysts expect the stock to reach $36.2 within the next 12 months. ArcelorMittal [NYSE: MT] shares were valued at $26.55 at the most recent close of the market. An investor can expect a potential return of 36.35% based on the average MT price forecast.
Analyzing the MT fundamentals
The ArcelorMittal [NYSE:MT] reported sales of 62.42B for trailing twelve months, representing a drop of -15.97%. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.23.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.07 points at the first support level, and at 25.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.15, and for the 2nd resistance point, it is at 27.74.
Ratios To Look Out For
It’s worth pointing out that ArcelorMittal [NYSE:MT]’s Current Ratio is 1.35. As well, the Quick Ratio is 0.59, while the Cash Ratio is 0.29. Considering the valuation of this stock, the price to sales ratio is 0.33, the price to book ratio is 0.41 and price to earnings (TTM) ratio is 16.00.
