Acerinox/ACX

€9.83

-1.2%
-
1D1W1MYTD1YMAX

About Acerinox

Acerinox SA is a Spain-based company active in the steel sector. It is engaged in the manufacturing, alloy and distribution of flat and long stainless steel products. The Company’s activities are divided into three business segments: Flat stainless steel products, which offers slabs, flats, coils, plates, sheets, circles and flat bars; Long stainless steel products, which provides bars, angles, wires and wire rod, and Other, which includes other stainless steel products. The Company owns factories, warehouses, service centers and representative office in Europe, the Americas, Asia, Oceania and Africa. The Company is a parent of the Acerinox Group, which comprises a number of subsidiaries, such as Acerinox Europa SAU, North American Stainless Inc, Columbus Stainless Pty Ltd, Bahru Stainless SDN BHD, Roldan SA and Inoxfil SA.

Ticker

ACX

Sector

Basic Materials

Trading on

BME

Industry

Iron & Steel

CEO

Bernardo Velazquez Herreros

Employees

8,249

Headquarters

Madrid, Spain

Acerinox Metrics

BasicAdvanced
€2.48B
Market cap
10.89
P/E ratio
€0.91
EPS
1.16
Beta
€0.62
Dividend rate
9.23%
Dividend yield
€2.48B
1.15535
€10.81
€8.67
729.77K
€0.62
2.272
1.294
53.61
88.642
67.76%
27.84%
3.49%
9.34%
5.14%
10.893
0.376
1.031
1.073
7.486
4.62%
6.22%
9.23%
-23.95%
-56.66%
12.28%
71.54%
7.43%

What the Analysts think about Acerinox

Analyst Ratings

Majority rating from 16 analysts.
Buy

Price Targets

Average projection from 15 analysts.
39.98% upside
High €16.00
Low €9.80
€9.83
Current price
€13.76
Average price target

Acerinox Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-1.6% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
€3.09B
∞%
Net income
€-49.5M
-∞%
Profit margin
-1.6%
-∞%

Acerinox Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 288%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
€0.52
€0.59
€0.28
-€0.47
-
Expected
€0.27
€0.58
€0.29
€0.25
€0.20
Surprise
92.59%
2.61%
-2.33%
-288%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Acerinox stock?

Acerinox (ACX) has a market cap of €2.48B as of April 23, 2024.

What is the P/E ratio for Acerinox stock?

The price to earnings (P/E) ratio for Acerinox (ACX) stock is 10.89 as of April 23, 2024.

Does Acerinox stock pay dividends?

Yes, the Acerinox (ACX) stock pays dividends to shareholders. As of April 23, 2024, the dividend rate is €0.62 and the yield is 9.23%. Acerinox has a payout ratio of 67.76% on a trailing twelve-month basis.

When is the next Acerinox dividend payment date?

The next Acerinox (ACX) dividend payment date is unconfirmed.

What is the beta indicator for Acerinox?

Acerinox (ACX) has a beta rating of 1.16. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Acerinox stock price target?

The target price for Acerinox (ACX) stock is €13.76, which is 39.98% above the current price of €9.83. This is an average based on projections from 15 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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