In the latest trading session, 6.79 million Vale S.A. ADR (NYSE:VALE) shares changed hands as the company’s beta touched 0.91. With the company’s most recent per share price at $8.66 changing hands around $0.04 or 0.52% at last look, the market valuation stands at $36.99B. VALE’s current price is a discount, trading about -60.51% off its 52-week high of $13.90. The share price had its 52-week low at $8.38, which suggests the last value was 3.23% up since then. When we look at Vale S.A. ADR’s average trading volume, we note the 10-day average is 24.59 million shares, with the 3-month average coming to 29.00 million.
Analysts gave the Vale S.A. ADR (VALE) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.92. If we narrow down to specifics, the data shows that 0 out of 11 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended VALE as a Hold, 9 felt it is a Buy and 0 rated the stock as Underweight. Vale S.A. ADR’s EPS for the current quarter is expected to be 0.58.
Vale S.A. ADR (NYSE:VALE) trade information
Instantly VALE is in green as seen in intraday trades today. With action 1.23%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -2.31%, with the 5-day performance at 1.23% in the green. However, in the 30-day time frame, Vale S.A. ADR (NYSE:VALE) is -8.50% down. Looking at the short shares, we see there were 74.91 million shares sold at short interest cover period of 2.53 days.
The consensus price target for the stock as assigned by Wall Street analysts is 13, meaning bulls need an upside of 33.38% from its recent market value. According to analyst projections, VALE’s forecast low is 11.5 with 15 as the target high. To hit the forecast high, the stock’s price needs a -73.21% plunge from its current level, while the stock would need to soar -32.79% for it to hit the projected low.
Vale S.A. ADR (VALE) estimates and forecasts
Data shows that the Vale S.A. ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -21.09% over the past 6 months, a 17.49% in annual growth rate that is considerably higher than the industry average of -1.80%. Year-over-year growth is forecast to reach -8.29% down from the last financial year.
Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of 10.26B. 3 analysts are of the opinion that Vale S.A. ADR’s revenue for the current quarter will be 7.92B. The company’s revenue for the corresponding quarters a year ago was 13.05B and 8.46B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -21.43%. The estimates for the next quarter sales put growth at -6.39%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 6.23%. The 2025 estimates are for Vale S.A. ADR earnings to increase by 9.38%, but the outlook for the next 5-year period is at 8.81% per year.
VALE Dividends
Vale S.A. ADR is expected to release its next quarterly earnings report in February. The 6.00% annual yield figure for the share gives it an annual dividend of 0.52. It is important to note, however, that the 6.00% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 8.06 per year.
Vale S.A. ADR (NYSE:VALE)’s Major holders
CAPITAL INTERNATIONAL INVESTORS holds the second largest percentage of outstanding shares, with 0.8096% or 34.7 million shares worth $387.58 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were Fidelity Series Emerging Markets Opportunities Fund and Europacific Growth Fund. With 15.65 shares estimated at $135.51 million under it, the former controlled 0.34% of total outstanding shares. On the other hand, Europacific Growth Fund held about 0.29% of the shares, roughly 13.04 shares worth around $112.87 million.
