During the last session, Vale S.A. ADR (NYSE:VALE)’s traded shares were 47.28 million, with the beta value of the company hitting 0.91. At the end of the trading day, the stock’s price was $8.89, reflecting an intraday gain of 0.23% or $0.02. The 52-week high for the VALE share is $13.83, that puts it down -55.57 from that peak though still a striking 5.74% gain since the share price plummeted to a 52-week low of $8.38. The company’s market capitalization is $37.95B, and the average intraday trading volume over the past 10 days was 45.75 million shares, and the average trade volume was 31.89 million shares over the past three months.
Vale S.A. ADR (VALE) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.96. VALE has a Sell rating from 0 analyst(s) out of 11 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 9 recommend a Buy rating for it.
Vale S.A. ADR (NYSE:VALE) trade information
Vale S.A. ADR (VALE) registered a 0.23% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.23% in intraday trading to $8.89, hitting a weekly high. The stock’s 5-day price performance is 1.48%, and it has moved by 1.25% in 30 days. Based on these gigs, the overall price performance for the year is -31.70%. The short interest in Vale S.A. ADR (NYSE:VALE) is 74.91 million shares and it means that shorts have 2.53 day(s) to cover.
The consensus price target of analysts on Wall Street is $13, which implies an increase of 31.62% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $11.5 and $15 respectively. As a result, VALE is trading at a discount of -68.73% off the target high and -29.36% off the low.
Vale S.A. ADR (VALE) estimates and forecasts
Statistics show that Vale S.A. ADR has outperformed its competitors in share price, compared to the industry in which it operates. Vale S.A. ADR (VALE) shares have gone down -13.63% during the last six months, with a year-to-date growth rate more than the industry average at 9.84% against -5.10.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 6.23%. While earnings are projected to return 8.17% in 2025, the next five years will return 8.81% per annum.
VALE Dividends
Vale S.A. ADR is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. The average dividend yield of the company for the last 5 years is 8.06%.
The next largest institutional holding, with 34.7 million shares, is of CAPITAL INTERNATIONAL INVESTORS’s that is approximately 0.8096% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $387.58 million.
