Vale (VALE) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $9.88 to $10.04
• 50-Day Range: $9.81 to $11.80
• 52-Week Range: $9.66 to $16.08
• Volume: 19.12 million shs
• Average Volume: 27.48 million shs
• Market Capitalization: $44.88 billion
• P/E Ratio: 4.63
• Dividend Yield: 11.59%
• Price Target: $15.13
• Consensus Rating: Hold

Vale Stock Analysis - MarketRank™

Vale scored higher than 90% of companies evaluated by MarketBeat, and ranked 32nd out of 192 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.2 / 5
• Analyst Rating: Hold

Consensus Rating

Vale has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 4 buy ratings, 5 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Vale has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: -3.77%

Earnings Growth

Earnings for Vale are expected to decrease by -3.77% in the coming year, from $2.12 to $2.04 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Vale is 4.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.57.

Price to Earnings Ratio vs. Sector

The P/E ratio of Vale is 4.63, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 118.46.

Price to Earnings Growth Ratio

Vale has a PEG Ratio of 0.27. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Vale has a P/B Ratio of 1.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.79% of the float of Vale has been sold short.

Short Interest Ratio / Days to Cover

Vale has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Vale has recently increased by 5.02%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Vale is a leading dividend payer. It pays a dividend yield of 11.60%, 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 53.70%. 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 56.86% next year. This indicates that Vale will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.79% of the float of Vale has been sold short.

Short Interest Ratio / Days to Cover

Vale has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Vale has recently increased by 5.02%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.96

News Sentiment

Vale has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Vale this week, compared to 7 articles on an average week.

Search Interest

84 people have searched for VALE on MarketBeat in the last 30 days. This is an increase of 6% compared to the previous 30 days.

MarketBeat Follows

Only 24 people have added Vale to their MarketBeat watchlist in the last 30 days. This is a decrease of -23% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

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 21.85% of the stock of Vale is held by institutions.

VALE Stock Analysis - Frequently Asked Questions

How have VALE shares performed this year?

Vale's stock was trading at $15.86 on January 1st, 2024. Since then, VALE shares have decreased by 36.9% and is now trading at $10.01.
View the best growth stocks for 2024 here.

How were Vale's earnings last quarter?

Vale S.A. (NYSE:VALE) released its quarterly earnings results on Thursday, October, 24th. The basic materials company reported $0.56 EPS for the quarter, beating analysts' consensus estimates of $0.41 by $0.15. The basic materials company had revenue of $9.55 billion for the quarter, compared to analyst estimates of $9.61 billion. Vale had a trailing twelve-month return on equity of 21.07% and a net margin of 22.59%.

Who are Vale's major shareholders?

Vale's top institutional investors include FMR LLC (0.82%), Healthcare of Ontario Pension Plan Trust Fund (0.41%), Fisher Asset Management LLC (0.39%) and Itau Unibanco Holding S.A. (0.27%).

How do I buy shares of Vale?

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

What other stocks do shareholders of Vale own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Vale investors own include Pfizer (PFE), NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Micron Technology (MU), Walt Disney (DIS) and AT&T (T).

Company Calendar

• Ex-Dividend for 9/11 Dividend: 8/05/2024
• Dividend Payable: 9/11/2024
• Last Earnings: 10/24/2024
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Metal mining
• Sub-Industry: Non-Metallic And Industrial Metal Mining
• Current Symbol: NYSE:VALE
• CUSIP: N/A
• CIK: 917851
• Web: www.vale.com
• Phone: 552134855000
• Fax: 55-21-3814-8820
• Employees: 66,807
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $15.13
• High Stock Price Target: $19.00
• Low Stock Price Target: $11.50
• Potential Upside/Downside: +51.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.30
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.16
• Trailing P/E Ratio: 4.63
• Forward P/E Ratio: 4.72
• P/E Growth: 0.27
• Net Income: $7.98 billion
• Net Margins: 22.59%
• Pretax Margin: 26.22%
• Return on Equity: 21.07%
• Return on Assets: 9.22%

Debt

• Debt-to-Equity Ratio: 0.39
• Current Ratio: 0.91
• Quick Ratio: 0.58

Sales & Book Value

• Annual Sales: $40.99 billion
• Price / Sales: 1.09
• Cash Flow: $2.47 per share
• Price / Cash Flow: 4.06
• Book Value: $8.86 per share
• Price / Book: 1.13

Miscellaneous

• Outstanding Shares: 4,483,079,000
• Free Float: 4,483,079,000
• Market Cap: $44.88 billion
• Optionable: Optionable
• Beta: 0.94