During the afternoon session, Arcelor Mittal moved 4.28%, compared to None% for the S&P 500.
ArcelorMittal owns and operates steelmaking and mining facilities in Europe, North and South America, Asia and Africa. The company is now trading -22.44% away from its average analyst target price of $36.29 per share. The 4 analysts following the stock have set target prices ranging from $32.17 to $38.0, and on average give Arcelor Mittal a rating of buy.
Over the last year, MT shares have gone down by -19%. The stock's 52 week high is $34.1 per share and its 52 week low is $19.25. Based on Arcelor Mittal's average gross margin growth of 65.74% over the last four years, its core business remains strong and the stock price may recover in the long term.
| Date Reported | Revenue (k) | Cost of Revenue (k) | Gross Margin | YoY Growth |
|---|---|---|---|---|
| 2022-12-31 | $79,844,000 | $66,283,000 | 16.98% | -32.4% |
| 2021-12-31 | $76,571,000 | $57,337,000 | 25.12% | 223.71% |
| 2020-12-31 | $53,270,000 | $49,138,000 | 7.76% | 216.73% |
| 2019-12-31 | $70,615,000 | $68,887,000 | 2.45% | -79.32% |
| 2018-12-31 | $76,033,000 | $67,025,000 | 11.85% | n/a |
