Vale S.A. ADR (NYSE: VALE): Performance Review And Growth Outlook

In the last trading session, 15.73 million Vale S.A. ADR (NYSE:VALE) shares changed hands as the company’s beta touched 1.00. With the company’s per share price at $13.43 changed hands at $0.17 or 1.28% during last session, the market valuation stood at $57.79B. VALE’s last price was a discount, traded about -25.61% off its 52-week high of $16.87. The share price had its 52-week low at $12.03, which suggests the last value was 10.42% up since then. When we look at Vale S.A. ADR’s average trading volume, we note the 10-day average is 22.2 million shares, with the 3-month average coming to 0.74.

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

Instantly VALE was in green as seen at the end of in last trading. With action 2.21%, the performance over the past five days has been green. The jump to weekly highs of 13.56 added 1.28% to the stock’s daily price. The company’s shares are showing year-to-date downside of -15.32%, with the 5-day performance at 2.21% in the green. However, in the 30-day time frame, Vale S.A. ADR (NYSE:VALE) is -9.74% down. Looking at the short shares, we see there were 42.52 million shares sold at short interest cover period of 1.79 days.

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Vale S.A. ADR (VALE) estimates and forecasts

Data shows that the Vale S.A. ADR share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 4.89% over the past 6 months, a -33.80% in annual growth rate that is considerably lower than the industry average of 0.00%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 30.41%. The 2024 estimates are for Vale S.A. ADR earnings to decrease by -42.94%, but the outlook for the next 5-year period is at -12.37% per year.

VALE Dividends

Vale S.A. ADR is expected to release its next quarterly earnings report in March. The 4.85% annual yield figure for the share gives it an annual dividend of 0.65. It is important to note, however, that the 4.85% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.

Vale S.A. ADR (NYSE:VALE)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 0.00% of Vale S.A. ADR shares while 17.92% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 17.92%. There are 17.92% institutions holding the Vale S.A. ADR stock share, with Capital Research Global Investors the top institutional holder. As of Jun 29, 2023, the company held 2.37% of the shares, roughly 107.43 million VALE shares worth $1.44 billion.

Capital World Investors holds the second largest percentage of outstanding shares, with 1.80% or 81.65 million shares worth $1.1 billion as of Jun 29, 2023.

Among Mutual Funds, the top two as of Jun 29, 2023 were Europacific Growth Fund and Capital World Growth and Income Fund. With 40.34 million shares estimated at $541.3 million under it, the former controlled 0.89% of total outstanding shares. On the other hand, Capital World Growth and Income Fund held about 0.84% of the shares, roughly 38.24 million shares worth around $512.37 million.

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