Vale S.A. ADR (NYSE:VALE) has a beta value of 0.91 and has seen 10.09 million shares traded in the recent trading session. The company, currently valued at $38.08B, closed the recent trade at $8.92 per share which meant it lost -$0.27 on the day or -2.94% during that session. The VALE stock price is -72.31% off its 52-week high price of $15.37 and -0.9% below the 52-week low of $9.00. If we look at the company’s 10-day average daily trading volume, we find that it stood at 33.36 million shares traded. The 3-month trading volume is 31.75 million shares.

The consensus among analysts is that Vale S.A. ADR (VALE) is Buy stock at the moment, with a recommendation rating of 2.00. 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.

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

Sporting -2.94% in the red today, 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 $8.92 or saw a rise of 7.66%. Year-to-date, Vale S.A. ADR shares have moved -41.15%, while the 5-day performance has seen it change -8.45%. Over the past 30 days, the shares of Vale S.A. ADR (NYSE:VALE) have changed -10.27%. Short interest in the company has seen 67.43 million shares shorted with days to cover at 2.52.

Wall Street analysts have a consensus price target for the stock at $14, which means that the shares’ value could jump 36.29% from the levels at last check today. The projected low price target is $11.5 while the price target rests at a high of $16.0. In that case, then, we find that the latest price level in today’s session is -79.37% off the targeted high while a plunge would see the stock gain -28.92% from the levels at last check today.

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

Figures show that Vale S.A. ADR shares have outperformed across the wider relevant industry. The company’s shares have lost -17.33% over the past 6 months, with this year growth rate of 19.67%, compared to 7.20% for the industry.

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 11.01% while over the next 5 years, the company’s earnings are expected to increase by 5.77%.

VALE Dividends

Vale S.A. ADR is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.52 at a share yield of 5.82%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 7.82%.

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.

Also the top two Mutual Funds that are holding company’s shares are Fidelity Series Emerging Markets Opportunities Fund and Europacific Growth Fund. As of Oct 31, 2024, the former fund manager holds about 0.39% shares in the company for having 17.82 shares of worth $158.76 million while later fund manager owns 13.04 shares of worth $116.15 million as of Sep 30, 2024, which makes it owner of about 0.29% of company’s outstanding stock.