NYSE:VALEVale Stock Price, Forecast & News

$10.67

+0.41 (+4.00 %)

(As of 06/3/2020 10:50 AM ET)

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Today's Range

$10.48

Now: $10.67▼

$10.74

50-Day Range

$7.67

MA: $8.50▼

$9.84

52-Week Range

$6.49

Now: $10.67▼

$14.19

Volume13.35 million shs

Average Volume26.08 million shs

Market Capitalization$54.72 billion

P/E Ratio266.82

Dividend Yield6.00%

Beta1.07

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. It operates through Ferrous Minerals, Coal, and Base Metals segments. The Ferrous Minerals segment produces and extracts iron ore and pellets, manganese, ferroalloys, and others ferrous products and services; and provides related logistic services. The Coal segment is involved in the extraction of metallurgical and thermal coal; and provides related logistic services. The Base Metals segment produces and extracts non-ferrous minerals, including nickel; and its by-products, such as copper, gold, silver, cobalt, precious metals, and others. 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.

Beat the Market (BTM) Rank^™

3.4 Analyst's Opinion

Consensus Rating
Vale has received a consensus rating of Buy. The company's average rating score is 2.82, and is based on 14 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $12.78, Vale has a potential upside of 21.6% from its current price of $10.52.
Amount of Analyst Coverage
Vale has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.2 Community Rank

Outperform Votes
Vale has received 697 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Vale has received 883 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Vale has received 55.89% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Vale and other stocks. Vote “Outperform” if you believe VALE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe VALE will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Vale is a leading dividend payer. It pays a dividend yield of 6.00%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Vale does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Vale is 36.88 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Vale will have a dividend payout ratio of 38.06 % next year. This indicates that Vale will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Vale insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 17.44% of the stock of Vale is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Vale are expected to grow by 43.52% in the coming year, from $1.08 to $1.55 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Vale is 262.94, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of Vale is 262.94, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 23.45.
Price to Book Value per Share Ratio
Vale has a P/B Ratio of 1.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.16 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Metal mining

Sub-IndustryN/A

SectorBasic Materials

Current SymbolNYSE:VALE

Previous Symbol

CUSIPN/A

CIK917851

Webwww.vale.com

Phone55-21-3485-3900

Debt

Debt-to-Equity Ratio0.53

Current Ratio1.72

Quick Ratio1.37

Price-To-Earnings

Trailing P/E Ratio266.82

Forward P/E Ratio9.88

P/E GrowthN/A

Sales & Book Value

Annual Sales$37.57 billion

Price / Sales1.46

Cash Flow$2.52 per share

Price / Cash Flow4.24

Book Value$7.60 per share

Price / Book1.40

Profitability

EPS (Most Recent Fiscal Year)$1.60

Net Income$-1,683,000,000.00

Net Margins0.54%

Return on Equity16.43%

Return on Assets7.10%

Miscellaneous

Employees71,149

Outstanding Shares5,128,280,000

Market Cap$54.72 billion

Next Earnings Date8/6/2020 (Estimated)

OptionableOptionable

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Vale (NYSE:VALE) Frequently Asked Questions

How has Vale's stock been impacted by COVID-19 (Coronavirus)?

Vale's stock was trading at $8.50 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, VALE stock has increased by 23.7% and is now trading at $10.5150. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Vale?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vale in the last year. There are currently 3 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Vale.

When is Vale's next earnings date?

Vale is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Vale.

How were Vale's earnings last quarter?

Vale SA (NYSE:VALE) posted its quarterly earnings results on Tuesday, April, 28th. The basic materials company reported $0.07 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.07. The basic materials company earned $6.97 billion during the quarter, compared to the consensus estimate of $7.05 billion. Vale had a net margin of 0.54% and a return on equity of 16.43%. View Vale's earnings history.

How often does Vale pay dividends? What is the dividend yield for Vale?

Vale announced a dividend on Friday, December 20th. Investors of record on Monday, December 30th will be paid a dividend of $0.295 per share on Monday, January 1st. The ex-dividend date is Friday, December 27th. This is a boost from Vale's previous dividend of $0.19. View Vale's dividend history.

What price target have analysts set for VALE?

17 equities research analysts have issued 12-month price targets for Vale's shares. Their forecasts range from $9.50 to $17.50. On average, they expect Vale's stock price to reach $12.78 in the next year. This suggests a possible upside of 21.6% from the stock's current price. View analysts' price targets for Vale.

Has Vale been receiving favorable news coverage?

News headlines about VALE stock have been trending positive on Wednesday, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Vale earned a news sentiment score of 2.4 on InfoTrie's scale. They also assigned headlines about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutVale.

Are investors shorting Vale?

Vale saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 23,360,000 shares, a decline of 8.3% from the April 30th total of 25,470,000 shares. Based on an average daily volume of 33,360,000 shares, the short-interest ratio is currently 0.7 days. Currently, 0.5% of the shares of the stock are short sold. View Vale's Current Options Chain.

Who are some of Vale's key competitors?

Some companies that are related to Vale include BHP Group (BHP), Rio Tinto (RIO), GMK Noril'skiy nikel' PAO (GDR) (NILSY), FORTESCUE METAL/S (FSUGY), Anglo American (NGLOY), Southern Copper (SCCO), Freeport-McMoRan (FCX), SOUTH32 LTD/S (SOUHY), IMPALA PLATINUM/S (IMPUY), First Quantum Minerals (FQVLF), Lundin Mining (LUNMF), EXXARO RESOURCE/S (EXXAY), Centamin (CELTF), Cleveland-Cliffs (CLF) and Compania de Minas Buenaventura SAA (BVN). View all competitors.

What other stocks do shareholders of Vale own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Vale investors own include Bank of America (BAC), Freeport-McMoRan (FCX), General Electric (GE), PETROLEO BRASIL/ADR (PBR), Intel (INTC), Micron Technology (MU), Alibaba Group (BABA), Cisco Systems (CSCO), AT&T (T) and NVIDIA (NVDA).

Who are Vale's key executives?

Vale's management team includes the following people:

Mr. Eduardo de Salles Bartolomeo, Chief Exec. Officer (Age 55)
Mr. Luciano Siani Pires, CFO & Exec. Officer for IR (Age 49)
Murilo Muller, Controllership Director & Chief Accountant
Sonia Zagury, Corp. Fin. Director
Mr. André Figueiredo, Director of Investor Relations

What is Vale's stock symbol?

Vale trades on the New York Stock Exchange (NYSE) under the ticker symbol "VALE."

Who are Vale's major shareholders?

Vale's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Capital Research Global Investors (3.05%), Capital International Investors (1.21%), BlackRock Inc. (1.15%), Invesco Ltd. (1.08%), Capital World Investors (0.65%) and Baillie Gifford & Co. (0.60%).

Which institutional investors are selling Vale stock?

VALE stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Capital World Investors, Wellington Management Group LLP, State Street Corp, Balyasny Asset Management LLC, SPX Equities Gestao de Recursos Ltda, Morgan Stanley, and Morgan Stanley.

Which institutional investors are buying Vale stock?

VALE stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Driehaus Capital Management LLC, BW Gestao de Investimentos Ltda., Deutsche Bank AG, Connor Clark & Lunn Investment Management Ltd., JGP Global Gestao de Recursos Ltda., Assenagon Asset Management S.A., and APG Asset Management N.V..

How do I buy shares of Vale?

Shares of VALE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Vale's stock price today?

One share of VALE stock can currently be purchased for approximately $10.52.

How big of a company is Vale?

Vale has a market capitalization of $53.92 billion and generates $37.57 billion in revenue each year. The basic materials company earns $-1,683,000,000.00 in net income (profit) each year or $1.60 on an earnings per share basis. Vale employs 71,149 workers across the globe.

What is Vale's official website?

The official website for Vale is www.vale.com.

How can I contact Vale?

Vale's mailing address is Praia de Botafogo186-offices 701-1901 Botafogo, RIO DE JANEIRO D5, 22250-145. The basic materials company can be reached via phone at 55-21-3485-3900 or via email at [email protected]

This page was last updated on 6/3/2020 by MarketBeat.com Staff