S&P 500   5,199.06
DOW   38,459.08
QQQ   445.37
Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
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How major US stock indexes fared Thursday, 4/11/2024
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
Blackstone’s $10 Billion Bet on Property Prices Going Up
S&P 500   5,199.06
DOW   38,459.08
QQQ   445.37
Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
3 High-Yield Stocks In Rebound Mode: How High Can They Go?
NVIDIA Enters Correction: Worry or Opportunity?
How major US stock indexes fared Thursday, 4/11/2024
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
Blackstone’s $10 Billion Bet on Property Prices Going Up
S&P 500   5,199.06
DOW   38,459.08
QQQ   445.37
Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
3 High-Yield Stocks In Rebound Mode: How High Can They Go?
NVIDIA Enters Correction: Worry or Opportunity?
How major US stock indexes fared Thursday, 4/11/2024
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
Blackstone’s $10 Billion Bet on Property Prices Going Up
S&P 500   5,199.06
DOW   38,459.08
QQQ   445.37
Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
3 High-Yield Stocks In Rebound Mode: How High Can They Go?
NVIDIA Enters Correction: Worry or Opportunity?
How major US stock indexes fared Thursday, 4/11/2024
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
Blackstone’s $10 Billion Bet on Property Prices Going Up

ArcelorMittal (MT) Competitors

$27.53
-0.09 (-0.33%)
(As of 04/11/2024 ET)

MT vs. STLD, X, TX, CMC, NUE, WPM, FNV, TECK, CCJ, and WLK

Should you be buying ArcelorMittal stock or one of its competitors? The main competitors of ArcelorMittal include Steel Dynamics (STLD), United States Steel (X), Ternium (TX), Commercial Metals (CMC), Nucor (NUE), Wheaton Precious Metals (WPM), Franco-Nevada (FNV), Teck Resources (TECK), Cameco (CCJ), and Westlake (WLK). These companies are all part of the "basic materials" sector.

ArcelorMittal vs.

Steel Dynamics (NASDAQ:STLD) and ArcelorMittal (NYSE:MT) are both large-cap basic materials companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, analyst recommendations, media sentiment, dividends, community ranking, risk, earnings, valuation and institutional ownership.

Steel Dynamics has higher earnings, but lower revenue than ArcelorMittal. Steel Dynamics is trading at a lower price-to-earnings ratio than ArcelorMittal, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Steel Dynamics$18.80B1.21$2.45B$14.599.89
ArcelorMittal$68.28B0.32$919M$1.0027.53

Steel Dynamics received 11 more outperform votes than ArcelorMittal when rated by MarketBeat users. Likewise, 68.42% of users gave Steel Dynamics an outperform vote while only 63.11% of users gave ArcelorMittal an outperform vote.

CompanyUnderperformOutperform
Steel DynamicsOutperform Votes
834
68.42%
Underperform Votes
385
31.58%
ArcelorMittalOutperform Votes
823
63.11%
Underperform Votes
481
36.89%

82.4% of Steel Dynamics shares are held by institutional investors. Comparatively, 9.9% of ArcelorMittal shares are held by institutional investors. 6.1% of Steel Dynamics shares are held by company insiders. Comparatively, 0.1% of ArcelorMittal shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Steel Dynamics presently has a consensus target price of $117.43, indicating a potential downside of 18.58%. Given ArcelorMittal's higher probable upside, research analysts clearly believe Steel Dynamics is more favorable than ArcelorMittal.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Steel Dynamics
1 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.14
ArcelorMittal
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50

Steel Dynamics has a beta of 1.42, meaning that its share price is 42% more volatile than the S&P 500. Comparatively, ArcelorMittal has a beta of 1.93, meaning that its share price is 93% more volatile than the S&P 500.

Steel Dynamics pays an annual dividend of $1.84 per share and has a dividend yield of 1.3%. ArcelorMittal pays an annual dividend of $0.37 per share and has a dividend yield of 1.3%. Steel Dynamics pays out 12.6% of its earnings in the form of a dividend. ArcelorMittal pays out 37.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Steel Dynamics has increased its dividend for 12 consecutive years.

In the previous week, Steel Dynamics had 5 more articles in the media than ArcelorMittal. MarketBeat recorded 9 mentions for Steel Dynamics and 4 mentions for ArcelorMittal. ArcelorMittal's average media sentiment score of 1.42 beat Steel Dynamics' score of 0.56 indicating that Steel Dynamics is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Steel Dynamics
8 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
ArcelorMittal
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Steel Dynamics has a net margin of 13.04% compared to Steel Dynamics' net margin of 1.35%. ArcelorMittal's return on equity of 29.49% beat Steel Dynamics' return on equity.

Company Net Margins Return on Equity Return on Assets
Steel Dynamics13.04% 29.49% 17.09%
ArcelorMittal 1.35%8.55%5.15%

Summary

Steel Dynamics beats ArcelorMittal on 16 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MT vs. The Competition

MetricArcelorMittalBlast furnaces & steel mills IndustryMaterials SectorNYSE Exchange
Market Cap$22.17B$12.52B$2.99B$17.48B
Dividend Yield1.34%2.51%5.37%3.47%
P/E Ratio27.5315.51138.2325.66
Price / Sales0.320.78896,763.4610.91
Price / Cash2.976.0723.3217.89
Price / Book0.401.163.715.17
Net Income$919M$1.63B$177.56M$971.52M
7 Day Performance0.93%-0.40%2.12%-1.12%
1 Month Performance1.77%2.12%14.72%0.30%
1 Year Performance-6.11%18.67%177.28%116.88%

ArcelorMittal Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
STLD
Steel Dynamics
3.8594 of 5 stars
$147.90
-0.9%
$118.13
-20.1%
+33.5%$23.39B$18.80B10.1412,600Positive News
X
United States Steel
3.184 of 5 stars
$41.40
-1.0%
$34.89
-15.7%
+62.3%$9.31B$18.05B11.7921,803Analyst Upgrade
TX
Ternium
2.9376 of 5 stars
$41.20
-1.2%
$49.25
+19.5%
+3.6%$8.09B$17.61B11.9820,510Short Interest ↑
CMC
Commercial Metals
3.7234 of 5 stars
$58.34
-0.7%
$58.25
-0.2%
+18.3%$6.75B$8.80B10.1313,022Analyst Upgrade
Short Interest ↓
NUE
Nucor
3.6289 of 5 stars
$198.37
-0.8%
$186.67
-5.9%
+32.6%$47.60B$34.71B11.0332,000Analyst Upgrade
WPM
Wheaton Precious Metals
3.8086 of 5 stars
$49.18
+3.2%
$53.10
+8.0%
+6.2%$22.28B$1.02B41.3342Positive News
High Trading Volume
FNV
Franco-Nevada
3.5567 of 5 stars
$119.80
-1.0%
$147.30
+23.0%
-21.1%$23.02B$1.22B-49.3038Analyst Report
Short Interest ↓
Positive News
TECK
Teck Resources
2.414 of 5 stars
$46.33
+0.2%
$42.40
-8.5%
+12.2%$23.58B$15.01B13.5112,600Analyst Report
Options Volume
Analyst Revision
CCJ
Cameco
3.1575 of 5 stars
$47.68
+2.0%
$40.25
-15.6%
+99.3%$20.70B$1.92B79.471,931Options Volume
WLK
Westlake
4.0013 of 5 stars
$153.37
-0.6%
$131.31
-14.4%
+34.2%$19.66B$12.55B41.4515,520Analyst Report

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This page (NYSE:MT) was last updated on 4/12/2024 by MarketBeat.com Staff

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