Price Target Analysis: ArcelorMittal(NYSE:MT): Shire plc(NASDAQ:SHPG)


ArcelorMittal (MT) will report its next earnings on Nov 07 BMO. The company reported the earnings of $0.36/Share in the last quarter where the estimated EPS by analysts was $0.51/share. The difference between the expected and actual EPS was $-0.15/share, which represents an Earnings surprise of -29.4%.

Many analysts are providing their Estimated Earnings analysis for ArcelorMittal and for the current quarter 1 analysts have projected that the stock could give an Average Earnings estimate of $-0.29/share. These analysts have also projected a Low Estimate of $-0.29/share and a High Estimate of $-0.29/share.

In case of Revenue Estimates, 3 analysts have provided their consensus Average Revenue Estimates for ArcelorMittal as 16.72 Billion. According to these analysts, the Low Revenue Estimate for ArcelorMittal is 16.2 Billion and the High Revenue Estimate is 17.11 Billion. The company had Year Ago Sales of 18.52 Billion.

These analysts also forecasted Growth Estimates for the Current Quarter for MT to be -122.8%. They are projecting Next Quarter growth of -131.3%. For the next 5 years, ArcelorMittal is expecting Growth of 1032.31% per annum, whereas in the past 5 years the growth was -97.74% per annum.

Some buy side analysts are also providing their Analysis on ArcelorMittal, where 2 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 1 said it’s a HOLD, and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. Analysts reported that the Price Target for ArcelorMittal might touch $27.31 high while the Average Price Target and Low price Target is $19.76 and $13.32 respectively.

ArcelorMittal closed its last trading session at $15.82 with the gain of 8.53%. The Market Capitalization of the company stands at 16.37 Billion. The Company has 52-week high of $26.14 and 52-week low of $12.53. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 13.32% where SMA50 and SMA200 are 15.37% and -4.41% respectively. The Company Touched its 52-Week High on 11/08/18 and 52-Week Low on 08/15/19.

The Relative Volume of the company is 1.37 and Average Volume (3 months) is 3.39 million. The company’s P/E (price to earnings) ratio is 8.51 and Forward P/E ratio of 11.95.

The company shows its Return on Assets (ROA) value of 2.3%. The Return on Equity (ROE) value stands at 4.9%. While it’s Return on Investment (ROI) value is 12.6%.

While looking at the Stock’s Performance, ArcelorMittal currently shows a Weekly Performance of 15.86%, where Monthly Performance is 31.17%, Quarterly performance is 27%, 6 Months performance is -6.99% and yearly performance percentage is -33.48%. Year to Date performance value (YTD perf) value is -16.93%. The Stock currently has a Weekly Volatility of 2.74% and Monthly Volatility of 2.44%.