Business

Stock under Discussion: Vale SA (ADR) (NYSE:VALE)

Vale SA (ADR) (NYSE:VALE) received “Upgrade” rating by BMO Capital Markets in a research note issued to investors on Mar-31-17 from Underperform to Market Perform from $7 to $10.

Additionally on Jan-25-17 the stock was “Upgraded” by Bernstein from Mkt Perform to Outperform and on Jan-23-17 the stock was “Upgraded” by Citigroup from Neutral to Buy. Furthermore on Dec-07-16 the stock was “Upgraded” by Credit Suisse from Underperform to Neutral.

On the other hand the company has Relative Strength Index (RSI 14) of 32.29 along with Average True Range (ATR 14) of 0.42, Consequently Vale SA (ADR) (NYSE:VALE)’s weekly and monthly volatility is 3.26%, 4.35% respectively. The company’s beta value is at 1.64.

In terms of Buy, Sell or Hold recommendations, Vale SA (ADR) (NYSE:VALE) has an analyst’s mean recommendation of 2.70. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Vale SA (ADR) (NYSE:VALE) shares traded -2.61% during the most recent session. Wall Street analysts covering the stock are projecting that the stock will reach $10.31 within the next 52-weeks. The mean target projections are based on 24 opinions, the mean target was last revised on 04/13/17.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have high price target of $15.00 and with a conservative view have low price target of $4.86 with a standard deviation of $2.33. If seeing target price from optimistic overview then it has a 103 percent upside potential from the latest closing price of $8.57.

While considering growth estimates of the company, it has next quarter growth estimates of 81.00% whereas during current quarter it has 35.30% estimations over growth, comparing to the estimations of 74.00% during current year and -29.90% for next year. Past 5 years growth of Vale SA (ADR) (NYSE:VALE) observed at -26.32%, looking forward for the next 5 years it has a strong prediction of 62.80% over growth.

Vale SA (ADR) (NYSE:VALE)’s revenue estimates for the current quarter are $9.39B according to 5 number of analysts, for the current quarter the company has high revenue estimates of $10.02B in contradiction of low revenue estimates of $8.89B. For the current year the company’s revenue estimates are $34B compared to low analyst estimates of $29.7B and high estimates of $37.97B according 23 number of analysts.

Vale SA (ADR) (NYSE:VALE)’s trailing twelve month revenues are $30.10B, whereas its price to sales ratio for the same period is 1.48. Its book value per share for the most recent quarter is $7.85 while its price to book ratio for the same period is 1.09. The stock has a current PEG of 0.13 where as its P/E ratio is 7.95.

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