Analyst Research

Vale SA (NYSE:VALE) Has a 100 Percent Upside Potential

Vale SA (NYSE:VALE) shares traded 1.90% during the most recent session the stock exchanged hands 17.17M shares versus average trading capacity of 28.71M shares, yielding a market cap of $43.82B. Wall Street analysts covering the stock are projecting that the stock will reach $10.44 within the next 52-weeks. The mean target projections are based on 23 opinions, the mean target was last revised on 04/27/17.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Vale SA (NYSE:VALE) high price target of $14.70 and with a conservative view have low price target of $4.80 with a standard deviation of $2.40. If seeing target price from optimistic overview then it has a 100 percent upside potential from the latest closing price of $8.58.

Vale SA (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 Vale SA (NYSE:VALE) 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 42.73 along with Average True Range (ATR 14) of 0.37, Consequently Vale SA (NYSE:VALE) weekly and monthly volatility is 3.58%, 3.83% respectively. The company’s beta value is at 1.65.

In terms of Buy, Sell or Hold recommendations, Vale SA (NYSE:VALE) has an analysts’ mean recommendation of 2.60. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Analysts who have weighed in on projected earnings growth are expecting that Vale SA (NYSE:VALE) will report earnings of $0.36 for the current quarter, however the company’s high EPS estimates are $0.52 and low estimates are $0.2. However the company reported $0.21 earnings per share for the same quarter during last year.

Previously Vale SA (NYSE:VALE) reported $0.41 earnings per share (EPS) for the quarter on 4/27/2017 Before Market Open, missing the consensus estimate of $0.48 by -$0.07. The company posted an earnings surprise of -14.58%.

While considering growth estimates of the company, it has next quarter growth estimates of 52.60% whereas during current quarter it has 71.40% estimations over growth, comparing to the estimations of 72.70% during current year and -30.10% for next year. Past 5 years growth of Vale SA (NYSE:VALE) observed at -29.16%, looking forward for the next 5 years it has a strong prediction of 26.95% over growth.

Vale SA (NYSE:VALE) revenue estimates for the current quarter are $8.56B according to 5 number of analysts, for the current quarter the company has high revenue estimates of $9.23B in contradiction of low revenue estimates of $7.47B. For the current year the company’s revenue estimates are $34.61B compared to low analyst estimates of $29.83B and high estimates of $38.12B according 22 number of analysts.

Currently Vale SA (NYSE:VALE) shares owned by insiders are 38.50%, whereas shares owned by institutional owners are 15.30%. However the six-month change in the insider ownership was recorded 0.00%, as well as three-month change in the institutional ownership was recorded 0.04%.

Vale SA (NYSE:VALE) trading -24.21% away from its 52 week high of $11.32 and +131.72% far from the stock’s low point over the past 52 weeks, which was $3.70. The stock hit its 52-week high on 02/21/17, and 52-week low on 06/01/16.The company’s trailing twelve month income is 5.54B dollars and is paying 3.38% dividend yield annually.

Vale SA (NYSE:VALE) trailing twelve month revenues are $30.03B, whereas its price to sales ratio for the same period is 1.43. Its book value per share for the most recent quarter is $7.83 while its price to book ratio for the same period is 1.10. The stock has a current PEG ratio of 0.13 where as its trailing twelve month P/E ratio is 7.97.

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