The price of Vale S.A. ADR (NYSE:VALE) shares last traded on Wall Street fell -1.13% to $14.89.
Based on available information, 23 analysts follow Vale S.A. ADR (NYSE:VALE). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $20.00 and a low of $12.70, we find $17.25. Given the previous closing price of $15.06, this indicates a potential upside of 14.54 percent. VALE stock price is now 9.04% away from the 50-day moving average and 7.20% away from the 200-day moving average. The market capitalization of the company currently stands at $64.07B.
Among analysts, 6 rate the stock a hold while 14 rate it a buy. Brokers who have rated the stock have averaged $17.17 as their price target over the next twelve months.
A total of 0.00% of the company’s stock is owned by insiders.
A candlestick chart of Vale S.A. ADR (NYSE: VALE) showed a price of $15.07 on Monday morning. During the past 12 months, Vale S.A. ADR has had a low of $12.03 and a high of $18.56. As of last week, the company has a debt-to-equity ratio of 0.37, a current ratio of 1.08, and a quick ratio of 0.70. The fifty day moving average price for VALE is $13.80 and a two-hundred day moving average price translates $14.29 for the stock.
The latest earnings results from Vale S.A. ADR (NYSE: VALE) was released for Sep, 2023. According to the Other Industrial Metals & Mining Company, earnings per share came in at $0.66, beating analysts’ expectations of $0.62 by 0.04. This compares to $0.98 EPS in the same period last year. The net profit margin was 22.91% and return on equity was 26.18% for VALE. The company reported revenue of $10.62 billion for the quarter, compared to $9.93 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.99 percent. For the current quarter, analysts expect VALE to generate $12.12B in revenue.
Vale S.A. ADR(VALE) Company Profile
Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Iron Solutions and Energy Transition Materials segments. The Iron Solutions segment produces and extracts iron ore and pellets, manganese, and other ferrous products; and provides related logistic services. The Energy Transition Materials segment produces and extracts nickel used to produce stainless steel, electric vehicles, and metal alloys; and its by-products, such as gold, silver, cobalt, precious metals, platinum, and others, as well as copper used in the construction sector to produce pipes and electrical wires. The company was formerly known as Companhia Vale do Rio Doce and changed its name to Vale S.A. in May 2009. Vale S.A. was founded in 1942 and is headquartered in Rio de Janeiro, Brazil.
