In today’s recent session, 3.6 million shares of the Vale S.A. ADR (NYSE:VALE) have been traded, and its beta is 0.94. Most recently the company’s share price was $10.05, and it changed around $0.03 or 0.25% from the last close, which brings the market valuation of the company to $42.88B. VALE at last check was trading at a discount to its 52-week high of $15.50, offering almost -54.23% off that amount. The share price’s 52-week low was $9.66, which indicates that the recent value has risen by an impressive 3.88% since then. We note from Vale S.A. ADR’s average daily trading volume that its 10-day average is 31.28 million shares, with the 3-month average coming to 30.08 million.
Vale S.A. ADR stock received a consensus recommendation rating of Hold, based on a mean score of 1.84. If we narrow it down even further, the data shows that 2 out of 30 analysts rate the stock as a Sell; another 8 rate it as Overweight. Among the rest, 12 recommended VALE as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Vale S.A. ADR (NYSE:VALE) trade information
Instantly VALE has been showing a green trend so far today with a performance of 0.25% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 10.14 on recent trading dayincreased the stock’s daily price by 0.89%. The company’s shares are currently down -34.31% year-to-date, but still up 1.57% over the last five days. On the other hand, Vale S.A. ADR (NYSE:VALE) is -5.41% down in the 30-day period. We can see from the shorts that 76.58 million shares have been sold at a short interest cover period of 2.46 day(s).
The consensus price target as assigned by Wall Street analysts is $16.5, which translates to bulls needing to increase their stock price by 39.09% from its current value. Analyst projections state that VALE is forecast to be at a low of $11.5 and a high of $24.
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 -17.64 percent over the past six months and at a 15.85% annual growth rate that is well above the industry average of 7.90%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 6.23%. Vale S.A. ADR earnings are expected to increase by 9.07% in 2024, but the outlook is positive 1.76% per year for the next five years.
VALE Dividends
Vale S.A. ADR’s next quarterly earnings report is expected to be released in December. The average dividend yield for the past five years averaged 3.11 per year.
Vale S.A. ADR (NYSE:VALE)’s Major holders
CAPITAL INTERNATIONAL INVESTORS, with 0.8096% or 34.7 million shares worth $387.58 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Fidelity Series Emerging Markets Opportunities Fund and Advisors Inner Circle Fund III-GQG Partners Emerging Markets Equity Fd were the top two Mutual Funds as of Sep 30, 2024. The former held 17.82 shares worth $178.71 million, making up 0.39% of all outstanding shares. On the other hand, Advisors Inner Circle Fund III-GQG Partners Emerging Markets Equity Fd held roughly 15.05 shares worth around $150.93 million, which represents about 0.33% of the total shares outstanding.
