Vale S.A. (VALE): What Makes The Stock Attractive? – Marketing Sentinel
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Vale S.A. (VALE): What Makes The Stock Attractive?

Vale S.A. (NYSE:VALE) has a beta value of 1.18 and has seen 8.88 million shares traded in the recent trading session. The company, currently valued at $72.83B, closed the recent trade at $14.28 per share which meant it lost -$0.32 on the day or -2.19% during that session. The VALE stock price is -62.25% off its 52-week high price of $23.17 and 27.87% above the 52-week low of $10.30. If we look at the company’s 10-day average daily trading volume, we find that it stood at 26.23 million shares traded. The 3-month trading volume is 29.60 million shares.

The consensus among analysts is that Vale S.A. (VALE) is an Overweight stock at the moment, with a recommendation rating of 2.00. 1 analysts rate the stock as a Sell, while 2 rate it as Overweight. 5 out of 20 have rated it as a Hold, with 12 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $1.33.

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Vale S.A. (NYSE:VALE) trade information

Sporting -2.19% in the red today, the stock has traded in the red over the last five days, with the highest price hit on Monday, 10/18/21 when the VALE stock price touched $14.28 or saw a rise of 4.42%. Year-to-date, Vale S.A. shares have moved -12.14%, while the 5-day performance has seen it change -1.02%. Over the past 30 days, the shares of Vale S.A. (NYSE:VALE) have changed -10.48%. Short interest in the company has seen 57.43 million shares shorted with days to cover at 1.72.

Wall Street analysts have a consensus price target for the stock at $20.60, which means that the shares’ value could jump 30.68% from the levels at last check today. The projected low price target is $15.00 while the price target rests at a high of $29.00. In that case, then, we find that the latest price level in today’s session is -103.08% off the targeted high while a plunge would see the stock gain -5.04% from the levels at last check today.

Vale S.A. (VALE) estimates and forecasts

Figures show that Vale S.A. shares have outperformed across the wider relevant industry. The company’s shares have lost -23.80% over the past 6 months, with this year growth rate of 117.06%, compared to 8.80% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 125.40% and 282.40% for the next quarter. Revenue growth from the last financial year stood is estimated to be 45.30%.

5 analysts offering their estimates for the company have set an average revenue estimate of $15.62 billion for the current quarter. 3 have an estimated revenue figure of $11.63 billion for the next quarter concluding in Dec 2021. Year-ago sales stood $10.83 billion and $14.62 billion respectively for this quarter and the next, and analysts expect sales will grow by 44.20% for the current quarter and -20.40% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 21.20% over the past 5 years. Earnings growth for 2021 is a modest 500.30% while over the next 5 years, the company’s earnings are expected to increase by 11.10%.

VALE Dividends

Vale S.A. is expected to release its next earnings report in November this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.88 at a share yield of 6.03%. The company’s dividend yield has gone up over the past 12 months.

Vale S.A. (NYSE:VALE)’s Major holders

Insiders own 0.00% of the company shares, while shares held by institutions stand at 25.44% with a share float percentage of 25.44%. Investors are also buoyed by the number of investors in a company, with Vale S.A. having a total of 601 institutions that hold shares in the company. The top two institutional holders are Capital Research Global Investors with over 269.89 million shares worth more than $4.69 billion. As of Mar 30, 2021, Capital Research Global Investors held 5.11% of shares outstanding.

The other major institutional holder is Capital International Investors, with the holding of over 167.13 million shares as of Mar 30, 2021. The firm’s total holdings are worth over $2.9 billion and represent 3.16% of shares outstanding.

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Also the top two Mutual Funds that are holding company’s shares are Europacific Growth Fund and Invesco Developing Markets Fund. As of Mar 30, 2021, the former fund manager holds about 3.03% shares in the company for having 159.87 million shares of worth $2.78 billion while later fund manager owns 66.01 million shares of worth $1.33 billion as of Apr 29, 2021, which makes it owner of about 1.25% of company’s outstanding stock.

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