With 21.9 million shares changed hands, the volume of the stock remained lighter than its average volume of 29.96 million shares. During the session, the Other Industrial Metals & Mining company that operates in wider Basic Materials sector, reached to the highest price of $10.51 whereas the lowest price it dropped to was $10.37. The 52-week range on VALE shows that it touched its highest point at $15.50 and its lowest point at $9.66 during that stretch. It currently has a 1-year price target of $14.48. Beta for the stock currently stands at 0.94.
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 down-trending over the past week, with a drop of -2.33%, but this was down by -6.00% over a month. Three-month performance surged to 0.18% while six-month performance fell -9.79%. The stock lost -14.43% in the past year, while it has lost -31.40% so far this year. A look at the trailing 12-month EPS for VALE yields 2.26 with Next year EPS estimates of 2.05. For the next quarter, that number is 0.43. This implies an EPS growth rate of 6.71% for this year and 4.87% for next year. EPS is expected to grow by 1.76% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 6.23%.
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 2024-09-30, short shares totaled 90.41 million, which was 212.0 higher than short shares on 1724976000. In addition to Mr. Eduardo de Salles Bartolomeo as the firm’s President & CEO, Murilo Muller serves as its Executive VP of Finance & Investor Relations.
Institutional Ownership:
Through their ownership of 0.16498 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.
