Latest news with #ArcelorMittal
Business Insider
3 days ago
- Business
- Business Insider
ArcelorMittal (0RP9): New Buy Recommendation for This Basic Materials Giant
Kepler Capital analyst Boris Bourdet maintained a Buy rating on ArcelorMittal (0RP9 – Research Report) on May 27 and set a price target of €41.50. The company's shares closed last Tuesday at €27.51. Confident Investing Starts Here: Bourdet covers the Industrials sector, focusing on stocks such as Salzgitter, thyssenkrupp, and Kloeckner & Co. SE. According to TipRanks, Bourdet has an average return of 8.6% and an 81.82% success rate on recommended stocks. In addition to Kepler Capital , ArcelorMittal also received a Buy from Deutsche Bank 's Bastian Synagowitz in a report issued on May 27. However, on May 26, J.P. Morgan maintained a Hold rating on ArcelorMittal (LSE: 0RP9). The company has a one-year high of €32.17 and a one-year low of €18.55. Currently, ArcelorMittal has an average volume of 483.5K. Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0RP9 in relation to earlier this year.
Yahoo
4 days ago
- Business
- Yahoo
Vertoz Ltd (NSE:VERTOZ) Q4 2025 Earnings Call Highlights: Record Growth and Strategic Expansions
Annual Revenue: INR 255.20 crores, 64% growth over FY24. Annual EBITDA: INR 36.44 crores, 70% year-on-year growth. Annual PAT (Profit After Tax): INR 25.66 crores, 59% year-on-year growth. Quarterly Revenue: INR 65.18 crores, 43% growth year-on-year. Quarterly EBITDA: INR 12.40 crores, 86% year-on-year growth. Quarterly PAT: INR 6.1 crores, 28% increase year-on-year. Profit CAGR (Compound Annual Growth Rate): 44% over the last five years. Employee Growth: Expanded from 45 to over 350 professionals. Domains Registered: 45,000+ across 150+ TLDs in 60 countries. Active Resellers: Over 9,000, with 300 added this year. SSL Certificates Issued: 400+, with a 70% renewal rate. Warning! GuruFocus has detected 8 Warning Signs with NSE:VERTOZ. Release Date: May 27, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Vertoz Ltd (NSE:VERTOZ) reported a significant revenue growth of 64% year-on-year, reaching INR255.20 crores for FY25. The company's EBITDA increased by 70% year-on-year, amounting to INR36.44 crores. PAT (Profit After Tax) grew by 59% year-on-year, reaching INR25.66 crores. The company has expanded its team from 45 to over 350 professionals across various geographies, indicating strong organizational growth. Vertoz Ltd (NSE:VERTOZ) has successfully executed major campaigns for clients like Hoptown and ArcelorMittal Group, showcasing its agility and execution capabilities. The company faces extended payment cycles in its industry, with receivables typically ranging from 90 to 120 days. There has been a significant drop in the stock price, raising concerns among investors about the company's market performance. The stock has been placed under additional surveillance measures due to volatility, which is beyond the management's control. Despite strong financial performance, the company has not provided specific forward-looking statements or projections for future growth. Investor concerns persist regarding the stock price decline, which has impacted the perceived health of the company. Q: Can you provide some detail on your business model and some guidance? A: Our MadTech business, which constitutes 70% to 80% of our revenue, involves media buying and ad exchange, serving global clients. We've added new clients across sectors, working with top agencies like WPP and Dentsu. CloudTech, contributing 20% to 30% of revenue, offers scalable cloud solutions. Our recent CloudTech merger allows cross-selling to MadTech clients, and we manage 2.2 billion domains, making us India's second-largest registrar, growing at 8% to 10% CAGR. Q: What is the update on inorganic acquisition plans? A: We have a dedicated team identifying acquisition opportunities to strengthen our MadTech and CloudTech segments, focusing on North America. We've signed a couple of LOIs with promising targets and aim to finalize deals soon to expand our digital ecosystems and enhance offerings globally. Q: There is a high amount of receivables and a significant drop in stock price. How are you addressing these concerns? A: Receivables are managed through a dedicated collection team, reducing data days from 120 to 90. Regarding stock price, our focus is on sustainable business growth, reflecting in substantial revenue and profit improvements. We are committed to strategic investments for future growth, mindful of shareholders' interests. Q: How do you plan to gain investor confidence given the stock price drop and future projections? A: Our focus is on business growth, not secondary market movements. Despite market volatility, we've consistently improved our numbers. We aim to enhance corporate governance and growth metrics, believing in the significant opportunities within our industry. Q: Current margins look great. What are the future growth prospects for the company? A: While we don't comment on forward-looking numbers, we focus on metrics like average revenue per user and new business to evaluate performance and growth potential in our MadTech and CloudTech segments. These metrics help monitor organizational growth. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
JP Morgan Stays Neutral on ArcelorMittal (MT) Amid Uncertainty
On Tuesday, May 27, JP Morgan analyst Dominic O'Kane maintained a Neutral rating on ArcelorMittal S.A. (NYSE:MT) with an unchanged price target of €30.5. His stance reflects the mixed implications of a potential deal between Nippon Steel (OTC:NPSCY) and United States Steel (NYSE:X), which recently received support from President Trump. On the positive side, O'Kane believes the transaction could significantly benefit ArcelorMittal. He pointed to an October 2024 agreement between ArcelorMittal and Nippon Steel regarding their 50/50 joint venture for the Calvert mill. Under the agreement, ArcelorMittal would have the right to acquire Nippon's 50% stake in the mill for just $1. In exchange, Nippon would inject capital and forgive approximately $900 million in partner loans. The Calvert mill is a strategic asset in the U.S. flat steel market, and its ownership will provide ArcelorMittal with a potential competitive edge. A machinist inspecting a freshly-cut steel beam, ready to be shipped to its intended destination. However, the analyst notes that, according to the Calvert agreement terms, this benefit depends entirely on Nippon completing its acquisition of U.S. Steel; otherwise, the JV will continue. The acquisition by Nippon has not yet been confirmed and may ultimately take the form of a partnership rather than a complete takeover. This adds uncertainty to the transaction and its financial benefits to ArcelorMittal. Additionally, tariff-related supply chain exposure remains a structural risk for ArcelorMittal. Therefore, the analyst maintained a cautious stance on the stock. ArcelorMittal is one of the world's leading integrated steel and mining companies, the largest steel producer in Europe, and among the largest in the Americas. While we acknowledge the potential of MT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MT and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio
Business Insider
6 days ago
- Business
- Business Insider
ArcelorMittal Stock (MT) Jumps on News Trump Supports U.S. Steel's Takeover
Shares of ArcelorMittal (MT) are up 4% on news that U.S. President Donald Trump supports the $14.90 billion takeover of U.S. Steel (X) by Japan's Nippon Steel Corp. (NISTF). Confident Investing Starts Here: The merger, if approved by regulators, would create the world's third-largest steel producer by volume after China's Baowu Steel Group and European-based ArcelorMittal. Analysts say MT stock is getting a boost as competition in the global steel sector will be reduced. ArcelorMittal's stock is also getting a lift on expectations that the U.S. Steel acquisition could lead to further consolidation in the steel sector. Heading into the Memorial Day weekend in America, Trump said on social media that the 'planned partnership' between Nippon and U.S. Steel will create 70,000 jobs. Supporting the Deal In supporting the deal, Trump also said that the acquisition of U.S. Steel will add $14 billion U.S. to the American economy. The president later said over the weekend that America will have control over U.S. Steel as part of the takeover by Nippon. Japan's government has also supported the acquisition of U.S. Steel by Nippon and praised President Trump for throwing his support behind the deal. The previous administration of U.S. President Joe Biden had opposed the takeover of U.S. Steel, saying it is not in America's economic interest. MT stock has risen 32% this year. Is MT Stock a Buy? average MT price target of $31.95 implies 5.24% upside from current levels.
Yahoo
6 days ago
- Business
- Yahoo
ArcelorMittal shares surge as Trump backs Nippon Steel partnership
-- ArcelorMittal SA (AS:MT) shares rose about 4% on Monday, following the announcement by U.S. President Donald Trump of a partnership that would allow Japan's Nippon Steel Corp (TYO:5401) to take control of United States Steel Corporation (NYSE:X). The surge in ArcelorMittal's shares was also boosted by the belief that the deal could spur further consolidation in the sector. The trading volume for the day was 16% above the 20-day average for the same time. In his announcement on Friday, Trump did not explicitly endorse the proposed $14.1 billion cash takeover of US Steel by Nippon Steel. He did, however, assert that the company would "remain in America." Related articles ArcelorMittal shares surge as Trump backs Nippon Steel partnership China auto stocks take a hit as BYD, Geely offer fresh incentives Is this a turning point for markets? Sign in to access your portfolio
