Vale S.A. ADR (NYSE:VALE) has a beta value of 0.93 and has seen 14.82 million shares traded in the recent trading session. The company, currently valued at $43.54B, closed the last trade at $10.19 per share which meant it lost -$0.15 on the day or -1.40% during that session. The VALE stock price is -52.21% off its 52-week high price of $15.51 and 5.2% above the 52-week low of $9.66. If we look at the company’s 10-day average daily trading volume, we find that it stood at 31.2 million shares traded. The 3-month trading volume is 27.15 million shares.
The consensus among analysts is that Vale S.A. ADR (VALE) is Buy stock at the moment, with a recommendation rating of 1.71. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 11 have rated it as a Hold, with 9 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.54.
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Vale S.A. ADR (NYSE:VALE) trade information
Sporting -1.40% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the VALE stock price touched $10.19 or saw a rise of 1.74%. Year-to-date, Vale S.A. ADR shares have moved -33.34%, while the 5-day performance has seen it change 0.74%. Over the past 30 days, the shares of Vale S.A. ADR (NYSE:VALE) have changed -7.99%. Short interest in the company has seen 57.38 million shares shorted with days to cover at 2.15.
Wall Street analysts have a consensus price target for the stock at $21, which means that the shares’ value could jump 51.48% from the levels at last check today. The projected low price target is $12.7 while the price target rests at a high of $26.0. In that case, then, we find that the latest price level in today’s session is -155.15% off the targeted high while a plunge would see the stock gain -24.63% from the levels at last check today.
Vale S.A. ADR (VALE) estimates and forecasts
Figures show that Vale S.A. ADR shares have underperformed across the wider relevant industry. The company’s shares have lost -19.67% over the past 6 months, with this year growth rate of 16.39%, compared to 33.40% for the industry. Revenue growth from the last financial year stood is estimated to be -4.40%.
3 analysts offering their estimates for the company have set an average revenue estimate of 10.06B for the current quarter. 3 have an estimated revenue figure of 10.8B for the next ending quarter. Year-ago sales stood 10.93B and 13.05B respectively for this quarter and the next, and analysts expect sales will shrink by -8.00% for the current quarter and -4.40% 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 6.23% over the past 5 years.
VALE Dividends
Vale S.A. ADR is expected to release its next earnings report 2024-Oct-24 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.83 at a share yield of 8.15%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 3.11%.
Vale S.A. ADR (NYSE:VALE)’s Major holders
The top two institutional holders are GOLDMAN SACHS GROUP INC with over 94.45 million shares worth more than $1.15 billion. As of 2024-03-31, GOLDMAN SACHS GROUP INC held 2.2038% of shares outstanding.
The other major institutional holder is CAPITAL INTERNATIONAL INVESTORS, with the holding of over 65.43 million shares as of 2024-03-31. The firm’s total holdings are worth over $797.55 million and represent 1.5266% of shares outstanding.
