Vale S.A. ADR (NYSE: VALE): A Suicide Machine Or A Millionaire’s Dream?

In the last trading session, 15.57 million shares of the Vale S.A. ADR (NYSE:VALE) were traded, and its beta was 0.99. Most recently the company’s share price was $12.56, and it changed around -$0.01 or -0.08% from the last close, which brings the market valuation of the company to $53.76B. VALE currently trades at a discount to its 52-week high of $16.08, offering almost -28.03% off that amount. The share price’s 52-week low was $11.52, which indicates that the current value has risen by an impressive 8.28% since then. We note from Vale S.A. ADR’s average daily trading volume that its 3-month average coming to 27.88 million.

Vale S.A. ADR stock received a consensus recommendation rating of Hold, based on a mean score of 1.73. If we narrow it down even further, the data shows that 2 out of 24 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 12 recommended VALE as a Hold, whereas 7 deemed it a Buy, and 0 rated it as Underweight. Vale S.A. ADR is expected to report earnings per share of $0.59 for the current quarter.

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

Instantly VALE has showed a red trend with a performance of -0.08% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently down -20.81% year-to-date, but still down -1.02% over the last five days. On the other hand, Vale S.A. ADR (NYSE:VALE) is 4.67% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $20.34, which translates to bulls needing to increase their stock price by 38.25% from its current value. Analyst projections state that VALE is forecast to be at a low of $15 and a high of $26.

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

Vale S.A. ADR share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -13.06 percent over the past six months and at a 20.22% annual growth rate that is well above the industry average of 6.70%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 195.00% in revenue this quarter, and will report a decrease of -1.50% in the next quarter. The year-over-year growth rate is expected to be -2.00%, down from the previous year.

Consensus estimates provided by 2 financial analysts predict the company will bring in an average of $10.15 billion in revenue for the current quarter. 2 analysts expect Vale S.A. ADR to make $10.64 billion in revenue for the quarter ending Sep 2024. The company’s sales for the same quarters a year ago were $9.67 billion and $10.93 billion respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 4.90%. Forecasts for the next quarter put sales growth at -2.70%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 6.23%.

VALE Dividends

Vale S.A. ADR’s next quarterly earnings report is expected to be released in June. The annual dividend yield of the stock is 3.10 percent and its annual dividend per share was 0.39. It is important to note, however, that the 3.10% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.