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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 5.95 (-2.22% today). The market cap for ArcelorMittal is 18370.66, and is in the sector Basic Materials, and Steel & Iron industry. The target price for ArcelorMittal is 6.57. Currently ArcelorMittal is trading with a P/E of *TBA, and a forward P/E of 26.32. Average volume for ArcelorMittal is 16045.27 and so far today it is 17624842.

Performance in the last year for ArcelorMittal has been -28.81%. For EPS growth, ArcelorMittal has seen a growth of -620.80%, and is looking to grow in the next year to 32.76%. More long term stats show that EPS growth has been -30.50% over the last five years and could be *TBA for the next five years. ArcelorMittal has seen sales growth quarter over quarter at -21.70%, with EPS growth quarter over quarter at 26.30%. The 20-day simple moving average is 17.56%, with the 200-day simple moving average coming to 25.49%.

Since the IPO date for ArcelorMittal on the 8/7/1997, ArcelorMittal has seen performance year to date to be 44.08%. With ArcelorMittal trading at 5.95, the dividend yield is 2.50%, and the EPS is -3.32.

So could ArcelorMittal, be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 0.31 and the P/B is at 0.43. The P/cash is 6.42, with P/free cash flow at *TBA.

ArcelorMittal ability to deal with debt shows that the current ratio is 1.2, and the quick ratio is 0.5. This is with long term debt/equity at 0.64, and total debt/equity at 0.79.

In terms of margins, ArcelorMittal has a gross margin of -8.90%, an operating margin of 49.40% and a profit margin of -12.80%.Payout ratio for ArcelorMittal is *TBA. Return on assets come to -9.20% with return on investment coming to -11.20%.

Insider ownership for ArcelorMittal, is at 44.80% and institutional ownership comes to 6.10%. Outstanding shares are at 3021.49. While shares float is 1968.46. The float short is currently 1.27%, and short ratio is 1.56.

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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Stephen Butters

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