Crazy Volume Spikes for: ArcelorMittal (NYSE:MT), Cemex S.A.B. de C.V. (NYSE:CX)

ArcelorMittal (NYSE:MT)

Macquarie Initiates Coverage On ArcelorMittal (NYSE:MT)’s stock to Outperform with no specific Price Target. This rating was issued on 7/06/18. The stock recently closed its previous session at $24.3 by showing a percentage change of -8.58% from its previous day closing price of $26.58.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on ArcelorMittal (NYSE:MT) in which UBS Downgrades ArcelorMittal (NYSE:MT) to Sell with no specific Price Target on 6/07/18. Cowen & Co. Downgrades the stock to Market Perform on 9/22/17 with no specific Price Target. Deutsche Bank Upgrades the company’s stock to Buy on 7/12/17 with no specific Price Target. Bank of America Upgrades ArcelorMittal (NYSE:MT) to Buy with no specific Price Target.

ArcelorMittal (NYSE:MT) currently has a consensus Price Target of $39.75. While some analysts have a High Price target for the stock of $51.74 and a Low Price Target of $19.74.

Several sell side analysts reviewed their recommendations on ArcelorMittal (NYSE:MT) where 3 analyst have rated the stock as Strong Buy, 1 analysts said it’s a Buy, 0 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 1.67. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, ArcelorMittal (NYSE:MT) reported its Actual EPS of $2.19/share. The analysts offering Earnings Estimates for the company were believing that ArcelorMittal (NYSE:MT) could bring EPS of $1.49/share. The difference between Actual EPS and Estimated EPS was 0.7 Percent. Thus the company showed an Earnings Surprise of 47 Percent.

ArcelorMittal (NYSE:MT) has a market capitalization of 24.72 Billion. The stock traded with the volume of 11.46 Million shares in the last trading session. The stock touched its high share price of $37.50 on 01/29/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 10/24/18 as $25.96. The company has a 1 Year high price target of $43.27. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -17.02%. The Moving Average SMA50 is -18.12% while SMA200 is -24.57%.

ArcelorMittal (NYSE:MT) is currently showing its ROA (Return on Assets) of 6.2%. The Return on Investment (ROI) is at 9.7% while it’s Return on Equity (ROE) value stands at 13.6%. The stock currently shows its YTD (Year to Date) performance of -24.79 percent while its Weekly performance value is -15.45%. The Monthly and Yearly performances are -25.39 percent and -20.14 percent respectively. The Relative Volume value measured for ArcelorMittal (NYSE:MT) is 4.56. The Average Volume (3 months) is 2.51 Million.

The stock currently has its Annual Dividend of $0.1 and an annual Dividend Yield of 0.41 Percent. MT has P/E (Price to Earnings ttm) value of 4.68, Forward P/E of 4.94, P/C (Price to cash per share) of 8.35 and Price to Free Cash Flow (P/FCF) value of 15.02. The stock is showing its Operating Margin of 8.6 percent.

Company Profile:

ArcelorMittal (MT) is the world’s leading steel and mining company. With a presence in more than 60 countries, it operates a balanced portfolio of cost competitive steel plants across both the developed and developing world. It is the leader in all the main sectors automotive, household appliances, packaging and construction. The company is also the world’s fourth largest producer of iron ore, with a global portfolio of 16 operating units with mines in operation or development.

Cemex S.A.B. de C.V. (NYSE:CX)

HSBC Downgrades Cemex S.A.B. de C.V. (NYSE:CX)’s stock to Hold with no specific Price Target. This rating was issued on 8/16/18. The stock recently closed its previous session at $5.37 by showing a percentage change of -3.42% from its previous day closing price of $5.56.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on Cemex S.A.B. de C.V. (NYSE:CX) in which Longbow Research Downgrades Cemex S.A.B. de C.V. (NYSE:CX) to Neutral with no specific Price Target on 4/27/18. Bank of America Upgrades the stock to Buy on 4/09/18 by stationing a price target of $8.5. Barclays Maintains the company’s stock to Overweight on 3/16/18 by setting a price target of $10. JP Morgan Maintains Cemex S.A.B. de C.V. (NYSE:CX) to Overweight with a price target of $10.

Cemex S.A.B. de C.V. (NYSE:CX) currently has a consensus Price Target of $9.41. While some analysts have a High Price target for the stock of $15.2 and a Low Price Target of $6.4.

Several sell side analysts reviewed their recommendations on Cemex S.A.B. de C.V. (NYSE:CX) where 4 analyst have rated the stock as Strong Buy, 7 analysts said it’s a Buy, 4 rated the stock as Hold, 0 analysts reported Underperform and 1 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 2.06. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, Cemex S.A.B. de C.V. (NYSE:CX) reported its Actual EPS of $0.25/share. The analysts offering Earnings Estimates for the company were believing that Cemex S.A.B. de C.V. (NYSE:CX) could bring EPS of $0.16/share. The difference between Actual EPS and Estimated EPS was 0.09 Percent. Thus the company showed an Earnings Surprise of 56.2 Percent.

Cemex S.A.B. de C.V. (NYSE:CX) has a market capitalization of 8.33 Billion. The stock traded with the volume of 11.4 Million shares in the last trading session. The stock touched its high share price of $8.51 on 01/25/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 10/24/18 as $5.45. The company has a 1 Year high price target of $9.61. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -16.15%. The Moving Average SMA50 is -20.44% while SMA200 is -21.66%.

Cemex S.A.B. de C.V. (NYSE:CX) is currently showing its ROA (Return on Assets) of 2%. The Return on Investment (ROI) is at 7.9% while it’s Return on Equity (ROE) value stands at 6.2%. The stock currently shows its YTD (Year to Date) performance of -28.4 percent while its Weekly performance value is -13.94%. The Monthly and Yearly performances are -22.17 percent and -34.67 percent respectively. The Relative Volume value measured for Cemex S.A.B. de C.V. (NYSE:CX) is 1.88. The Average Volume (3 months) is 6.07 Million.

The stock currently has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. CX has P/E (Price to Earnings ttm) value of 13.91, Forward P/E of 8.86, P/C (Price to cash per share) of 12.75 and Price to Free Cash Flow (P/FCF) value of 4.25. The stock is showing its Operating Margin of 9.6 percent.

Company Profile:

CEMEX is one of the largest cement companies in the world, with close to 78 million metric tons of production capacity. Through operating subsidiaries in four continents, they are engaged in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates and clinker. They are also the world’s leading producer of white cement and the world’s largest trader of cement and clinker.