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Is this Large Market Cap Stock target price reasonable for ArcelorMittal (NYSE:MT) ?

The company in question is, ArcelorMittal (NYSE:MT) currently with a stock price of 7.57 (4.13% today). The market cap for ArcelorMittal is 24011.13, and is in the sector Basic Materials, and Steel & Iron industry. The target price for ArcelorMittal is 10.47. Currently ArcelorMittal is trading with a P/E of 15.23, and a forward P/E of 9.49. Average volume for ArcelorMittal is 18064.96 and so far today it is 22613700.

Performance in the last year for ArcelorMittal has been 25.75%. For EPS growth, ArcelorMittal has seen a growth of 124.60%, and is looking to grow in the next year to -18.32%. More long term stats show that EPS growth has been -2.30% over the last five years and could be 21.37% for the next five years. ArcelorMittal has seen sales growth quarter over quarter at -52.20%, with EPS growth quarter over quarter at 105.30%. The 20-day simple moving average is -6.14%, with the 200-day simple moving average coming to 5.35%.

Since the IPO date for ArcelorMittal on the 08/07/1997, ArcelorMittal has seen performance year to date to be 3.70%. With ArcelorMittal trading at 7.57, the dividend yield is *TBA, and the EPS is 0.5.

So could ArcelorMittal, be undervalued? Well as said before P/E is 15.23. The PEG is 0.71, P/S is 0.42 and the P/B is at 0.77. The P/cash is 9.6, with P/free cash flow at 126.37.

ArcelorMittal ability to deal with debt shows that the current ratio is 1.2, and the quick ratio is 0.4. This is with long term debt/equity at 0.39, and total debt/equity at 0.45.

In terms of margins, ArcelorMittal has a gross margin of 11.20%, an operating margin of 7.30% and a profit margin of 3.10%.Payout ratio for ArcelorMittal is 0.00%. Return on assets come to 2.40% with return on investment coming to 7.20%.

Insider ownership for ArcelorMittal, is at 44.80% and institutional ownership comes to 5.20%. Outstanding shares are at 3171.88. While shares float is 1876.53. The float short is currently 1.62%, and short ratio is 1.69.

Graphs: ArcelorMittal NYSE: MT | Friday April 21, 2017


ArcelorMittal NYSE: MT




ArcelorMittal NYSE: MT

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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