Vale S.A. ADR (NYSE: VALE) is -6.60% lower on its value in year-to-date trading and has touched a low of $8.06 and a high of $11.93 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VALE stock was last observed hovering at around $10.22 in the last trading session, with the day’s loss setting it -0.28%.
Currently trading at $9.94, the stock is 3.81% and 4.28% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 35.57 million and changing -2.74% at the moment leaves the stock 2.12% off its SMA200. VALE registered 12.06% gain for a year compared to 6-month gain of 12.06%. The firm has a 50-day simple moving average (SMA 50) of $9.532 and a 200-day simple moving average (SMA200) of $9.76375.
The stock witnessed a 6.31% loss in the last 1 month and extending the period to 3 months gives it a 2.16%, and is 2.05% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.43% over the week and 2.16% over the month.
Vale S.A. ADR (VALE) has around 64616 employees, a market worth around $42.43B and $37.76B in sales. Current P/E ratio is 7.32 and Fwd P/E is 5.60. Profit margin for the company is 15.38%. Distance from 52-week low is 23.40% and -16.71% from its 52-week high. The company has generated returns on investments over the last 12 months (11.45%).
The EPS is expected to grow by 17.97% this year.
Vale S.A. ADR (VALE) Top Institutional Holders
664.0 institutions hold shares in Vale S.A. ADR (VALE), with institutional investors hold 17.04% of the company’s shares. The shares outstanding are 4.27B, and float is at 4.27B with Short Float at 1.58%. Institutions hold 17.03% of the Float.
The top institutional shareholder in the company is GOLDMAN SACHS GROUP INC with over 44.26 million shares valued at $494.42 million. The investor’s holdings represent 1.0354% of the VALE Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL INTERNATIONAL INVESTORS with 34.7 million shares valued at $387.58 million to account for 0.8117 of the shares outstanding. The other top investors are FMR LLC which holds 30.97 million shares representing 0.7245% and valued at over $345.94 million, while MORGAN STANLEY holds 0.7227 of the shares totaling 30.9 million with a market value of $345.11 million.
