In the latest trading session, 5.58 million Vale S.A. ADR (NYSE:VALE) shares changed hands as the company’s beta touched 0.85. With the company’s most recent per share price at $9.94 changing hands around $0.05 or 0.56% at last look, the market valuation stands at $42.45B. VALE’s current price is a discount, trading about -31.49% off its 52-week high of $13.07. The share price had its 52-week low at $8.38, which suggests the last value was 15.69% up since then.
Analysts gave the Vale S.A. ADR (VALE) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.96. 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 (NYSE:VALE) trade information
Instantly VALE is in green as seen in intraday trades today. With action 2.10%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 12.12%, with the 5-day performance at 2.10% in the green. However, in the 30-day time frame, Vale S.A. ADR (NYSE:VALE) is 8.57% up.
The consensus price target for the stock as assigned by Wall Street analysts is 13, meaning bulls need an upside of 23.54% 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 -50.91% plunge from its current level, while the stock would need to soar -15.69% for it to hit the projected low.
VALE Dividends
Vale S.A. ADR is expected to release its next quarterly earnings report in March. The 5.22% annual yield figure for the share gives it an annual dividend of 0.52. It is important to note, however, that the 5.22% 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.
Vale S.A. ADR (NYSE:VALE)’s Major holders
CAPITAL INTERNATIONAL INVESTORS holds the second largest percentage of outstanding shares, with 0.8117% or 34.7 million shares worth $387.58 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Fidelity Series Emerging Markets Opportunities Fund and Europacific Growth Fund. With 18.52 shares estimated at $183.9 million under it, the former controlled 0.41% of total outstanding shares. On the other hand, Europacific Growth Fund held about 0.28% of the shares, roughly 12.79 shares worth around $127.02 million.
