With over 12.79 million Vale S.A. ADR (VALE) shares trading Friday and a closing price of $15.03 on the day, the dollar volume was approximately $192.16 million. The shares have shown a positive half year performance of 21.48% and its price on 11/24/23 lost nearly -1.17%. Currently, there are 4.48B common shares owned by the public and among those 4.30B shares have been available to trade.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 23 analysts who have offered their price forecasts for VALE have a consensus price objective of $17.17. The analysts have set the share’s price value over the next 12 months at a high of $20.00 and a low of $12.70. The average price target is 12.41% above its recent price level and a downside to the estimated low will see the stock lose -18.35% over that period. But an upside of 24.85% will see the stock hit the forecast high price target while median target price for the stock is $17.25.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Shares of Vale S.A. ADR (NYSE: VALE) opened at $15.11, down -$0.1 from a prior closing price of $15.21. However, the script later moved the day high at 15.16, down -1.17%. The company’s stock has a 5-day price change of -0.14% and 19.14% over the past three months. VALE shares are trading -7.87% year to date (YTD), with the 12-month market performance up to 5.36% higher. It has a 12-month low price of $12.03 and touched a high of $18.56 over the same period. VALE has an average intraday trading volume of 21.81 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 4.36%, 10.20%, and 8.17% respectively.
Institutional ownership of Vale S.A. ADR (NYSE: VALE) shares accounts for 17.51% of the company’s 4.48B shares outstanding.
It has a market capitalization of $64.68B and a beta (3y monthly) value of 0.93. The stock’s trailing 12-month PE ratio is 7.14, while the earnings-per-share (ttm) stands at $2.10. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.66% over the week and 1.90% over the month.
Analysts forecast that Vale S.A. ADR (VALE) will achieve an EPS of $Valero Energy Corporation for the current quarter, $124.96 for the next quarter and $Stocks for Type. The lowest estimate earnings-per-share for the quarter is $Vital Energy, Inc. while analysts give the company a high EPS estimate of $Allete, Inc.. Comparatively, EPS for the current quarter was $Valaris Limited a year ago. Earnings per share for the fiscal year are expected to decrease by -46.43%, and 14.61% over the next financial year. EPS should shrink at an annualized rate of -12.46% over the next five years, compared to 30.41% over the past 5-year period.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 23 brokerage firm advisors rate Vale S.A. ADR (VALE) as a “Strong Buy” at a consensus score of 1.78. Specifically, 14 Wall Street analysts polled rate the stock as a buy, while 6 of the 23 advise that investors “hold,” and 1 rated it as a “Sell.”
