Vale S.A. (NYSE:VALE) shares traded -0.76% down during most recent session to reach at the closing price of $14.4. The stock exchanged hands 18.68 Million shares versus average trading capacity of 23.37 Million shares, yielding a market cap of $71.46 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $17.11 within the next 52-weeks. The mean target projections are based on 22 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Vale S.A. (NYSE:VALE) high price target of $21 and with a conservative view have low price target of $11.
Bank of America “Reiterates” Vale S.A. (NYSE:VALE) in a research note issued to investors on 12/12/18 to Buy with price target of $16.5.
Additionally on 10/30/18 Citigroup “Downgrades” Vale S.A. (NYSE:VALE) to Neutral setting price target at $0 and on 9/25/18 Macquarie “Downgrades” the stock to Neutral at $0. Furthermore on 9/17/18 RBC Capital “Downgrades” the stock to Underperform at $11.
On the other hand the company has Relative Strength Index (RSI 14) of 59 along with Average True Range (ATR 14) of 0.5, Consequently Vale S.A. (NYSE:VALE)’s weekly and monthly volatility is 2.96%, 3.21% respectively. The company’s beta value is at 1.31.
In terms of Buy, Sell or Hold recommendations, Vale S.A. (NYSE:VALE) has analysts’ mean recommendation of 2.1. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Vale S.A. (NYSE:VALE)’s minimum EPS for the current quarter is at $0.4 and can go high up to $0.61. The consensus mean EPS for the current quarter is at $0.51 derived from a total of 8 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.36 earnings per share for the same quarter during last year.
Previously Vale S.A. (NYSE:VALE) reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by $-0.12. The company posted an earnings surprise of -30.8%.
Vale S.A. (NYSE:VALE)’s revenue estimates for the current quarter are $9.86 Billion according to 5 number of analysts, for the current quarter the company has high revenue estimates of $10.3 Billion in contradiction of low revenue estimates of $9.36 Billion. For the current year the company’s revenue estimates are $36.66 Billion compared to low analyst estimates of $35.59 Billion and high estimates of $37.93 Billion according to 23 number of analysts.
Currently Vale S.A. (NYSE:VALE)’s shares owned by insiders are 38.5%, whereas shares owned by institutional owners are 20.6%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 0.09%.
Vale S.A. (NYSE:VALE)’s trailing twelve month revenues are $33.77 Billion, whereas its price to sales ratio for the same period is 2.12. Its book value per share for the most recent quarter is $8.39 while its price to book ratio for the same period is 1.72, as for as the company’s cash per share for the most recent quarter is $1.31, however its price to cash per share ratio for the same period is 10.99. The stock has 5 year expected PEG ratio of 0.92 whereas its trailing twelve month P/E ratio is 18.05.