In today’s recent session, 4.76 million shares of the Vale S.A. ADR (NYSE:VALE) have been traded, and its beta is 0.78. Most recently the company’s share price was $10.10, and it changed around $0.01 or 0.05% from the last close, which brings the market valuation of the company to $43.09B. VALE at last check was trading at a discount to its 52-week high of $12.55, offering almost -24.26% off that amount. The share price’s 52-week low was $8.38, which indicates that the recent value has risen by an impressive 17.03% since then. We note from Vale S.A. ADR’s average daily trading volume that its 10-day average is 32.27 million shares, with the 3-month average coming to 34.22 million.
Vale S.A. ADR stock received a consensus recommendation rating of Hold, based on a mean score of 1.96. If we narrow it down even further, the data shows that 0 out of 24 analysts rate the stock as a Sell; another 8 rate it as Overweight. Among the rest, 9 recommended VALE as a Hold, whereas 7 deemed it a Buy, and 0 rated it as Underweight. Vale S.A. ADR is expected to report earnings per share of 0.47 for the current quarter.
Vale S.A. ADR (NYSE:VALE) trade information
Instantly VALE has been showing a green trend so far today with a performance of 0.05% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 10.20 on recent trading dayincreased the stock’s daily price by 0.98%. The company’s shares are currently up 13.81% year-to-date, but still down -0.93% over the last five days. On the other hand, Vale S.A. ADR (NYSE:VALE) is 2.07% up in the 30-day period. We can see from the shorts that 107.91 million shares have been sold at a short interest cover period of 3.29 day(s).
The consensus price target as assigned by Wall Street analysts is $13, which translates to bulls needing to increase their stock price by 22.31% from its current value. Analyst projections state that VALE is forecast to be at a low of $11.5 and a high of $15.
Vale S.A. ADR (VALE) estimates and forecasts
The year-over-year growth rate is expected to be 1.18%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 8.39B in revenue for the current quarter. 3 analysts expect Vale S.A. ADR to make 9.36B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 8.46B and 9.92B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -0.87%. Forecasts for the next quarter put sales growth at -5.68%.
Vale S.A. ADR earnings are expected to increase by 29.22% in 2025, but the outlook is positive 9.24% per year for the next five years.
Vale S.A. ADR (NYSE:VALE)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.02% of Vale S.A. ADR shares, and 15.80% of them are in the hands of institutional investors. The stock currently has a share float of 15.80%. Vale S.A. ADR stock is held by 696.0 institutions, with GOLDMAN SACHS GROUP INC being the largest institutional investor. By 2024-06-30, it held 1.0328% of the shares, which is about 44.26 million shares worth $494.42 million.
CAPITAL INTERNATIONAL INVESTORS, with 0.8117% or 34.7 million shares worth $387.58 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Fidelity Series Emerging Markets Opportunities Fund and Price (T.Rowe) Real Assets Trust I were the top two Mutual Funds as of Jan 31, 2025. The former held 22.76 shares worth $229.94 million, making up 0.50% of all outstanding shares. On the other hand, Price (T.Rowe) Real Assets Trust I held roughly 14.14 shares worth around $142.88 million, which represents about 0.31% of the total shares outstanding.
