In the last trading session, 37.14 million Vale S.A. ADR (NYSE:VALE) shares changed hands as the company’s beta touched 0.76. With the company’s per share price at $10.18 changed hands at $0.1 or 0.99% during last session, the market valuation stood at $43.46B. VALE’s last price was a discount, traded about -23.28% off its 52-week high of $12.55. The share price had its 52-week low at $8.38, which suggests the last value was 17.68% up since then. When we look at Vale S.A. ADR’s average trading volume, we note the 10-day average is 32.2 million shares, with the 3-month average coming to 33.96 million.
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’s EPS for the current quarter is expected to be 0.47.
Vale S.A. ADR (NYSE:VALE) trade information
Instantly VALE was in green as seen at the end of in last trading. With action 8.30%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 14.77%, with the 5-day performance at 8.30% in the green. However, in the 30-day time frame, Vale S.A. ADR (NYSE:VALE) is 4.30% up. Looking at the short shares, we see there were 113.19 million shares sold at short interest cover period of 3.31 days.
The consensus price target for the stock as assigned by Wall Street analysts is 13, meaning bulls need an upside of 21.69% from its current 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 -47.35% plunge from its current level, while the stock would need to soar -12.97% for it to hit the projected low.
Vale S.A. ADR (VALE) estimates and forecasts
Year-over-year growth is forecast to reach 1.29% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 8.39B. 3 analysts are of the opinion that Vale S.A. ADR’s revenue for the current quarter will be 9.36B. The company’s revenue for the corresponding quarters a year ago was 8.46B and 9.92B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -0.87%. The estimates for the next quarter sales put growth at -5.68%.
The 2025 estimates are for Vale S.A. ADR earnings to increase by 26.28%, but the outlook for the next 5-year period is at 9.24% per year.
VALE Dividends
Vale S.A. ADR is expected to release its next quarterly earnings report on 2025-Feb-19. During the past 5 years, the average dividend yield was 8.34 per year.
Vale S.A. ADR (NYSE:VALE)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.02% of Vale S.A. ADR shares while 15.79% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 15.79%. There are 15.79% institutions holding the Vale S.A. ADR stock share, with GOLDMAN SACHS GROUP INC the top institutional holder. As of 2024-06-30, the company held 1.0328% of the shares, roughly 44.26 million VALE shares worth $494.42 million.
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 Price (T.Rowe) Real Assets Trust I . With 18.52 shares estimated at $188.53 million under it, the former controlled 0.41% of total outstanding shares. On the other hand, Price (T.Rowe) Real Assets Trust I held about 0.31% of the shares, roughly 14.14 shares worth around $143.94 million.
