Vale S.A. ADR (NYSE:VALE) has a beta value of 0.95 and has seen 20.46 million shares traded in the last trading session. The company, currently valued at $46.02B, closed the last trade at $10.78 per share which meant it gained $0.18 on the day or 1.70% during that session. The VALE stock price is -43.78% off its 52-week high price of $15.50 and 10.39% 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 30.69 million shares traded. The 3-month trading volume is 30.55 million shares.

The consensus among analysts is that Vale S.A. ADR (VALE) is Buy stock at the moment, with a recommendation rating of 1.76. 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 0.56.

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

Sporting 1.70% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the VALE stock price touched $10.78 or saw a rise of 2.97%. Year-to-date, Vale S.A. ADR shares have moved -29.51%, while the 5-day performance has seen it change -2.09%. Over the past 30 days, the shares of Vale S.A. ADR (NYSE:VALE) have changed -5.85%. Short interest in the company has seen 72.92 million shares shorted with days to cover at 2.16.

Wall Street analysts have a consensus price target for the stock at $16.5, which means that the shares’ value could jump 34.67% from current levels. The projected low price target is $12.7 while the price target rests at a high of $24.0. In that case, then, we find that the current price level is -122.63% off the targeted high while a plunge would see the stock gain -17.81% from current levels.

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 -11.20% over the past 6 months, with this year growth rate of 15.85%, compared to 16.90% for the industry. Revenue growth from the last financial year stood is estimated to be -6.90%.

4 analysts offering their estimates for the company have set an average revenue estimate of 10.73B for the current quarter. 3 have an estimated revenue figure of 8.51B for the next ending quarter. Year-ago sales stood 13.05B and 8.65B respectively for this quarter and the next, and analysts expect sales will shrink by -17.80% for the current quarter and -6.90% 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. Earnings growth for 2024 is a modest 9.20% while over the next 5 years, the company’s earnings are expected to increase by 1.76%.

VALE Dividends

Vale S.A. ADR is expected to release its next earnings report in December 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 7.71%. 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 44.26 million shares worth more than $494.42 million. As of 2024-06-30, GOLDMAN SACHS GROUP INC held 1.0328% of shares outstanding.

The other major institutional holder is CAPITAL INTERNATIONAL INVESTORS, with the holding of over 34.7 million shares as of 2024-06-30. The firm’s total holdings are worth over $387.58 million and represent 0.8096% of shares outstanding.