With 27.67 million shares changed hands, the volume of the stock remained lighter than its average volume of 28.01 million shares. During the session, the Other Industrial Metals & Mining company that operates in wider Basic Materials sector, reached to the highest price of $10.635 whereas the lowest price it dropped to was $10.4715. The 52-week range on VALE shows that it touched its highest point at $15.51 and its lowest point at $9.66 during that stretch. It currently has a 1-year price target of $15.35. With its current market cap of 45.06 billion, VALE has annualized dividend of $0.83 while the current yield stands at 7.88%. Beta for the stock currently stands at 0.94.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VALE was up-trending over the past week, with a rise of 1.15%, but this was up by 0.83% over a month. Three-month performance dropped to -9.66% while six-month performance fell -18.42%. The stock lost -17.12% in the past year, while it has lost -31.02% so far this year. A look at the trailing 12-month EPS for VALE yields 2.26 with Next year EPS estimates of 2.25. For the next quarter, that number is 0.54. This implies an EPS growth rate of 19.10% for this year and 3.17% for next year.
Float and Shares Shorts:
At present, 4.30 billion VALE shares are outstanding with a float of 4.27 billion shares on hand for trading. On 2024-08-15, short shares totaled 67.77 million, which was 159.0 higher than short shares on 1721001600. In addition to Mr. Eduardo de Salles Bartolomeo as the firm’s President & CEO, Mr. Gustavo Duarte Pimenta serves as its Executive VP of Finance & Investor Relations.
Institutional Ownership:
Through their ownership of 0.16466999 of VALE’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, VALE reported revenue of $9920000000.0 and operating income of $2988000000.0. The EBITDA in the recently reported quarter was $3031000000.0 and diluted EPS was $0.65.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VALE since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
