The shares of Vale SA (ADR) (NYSE:VALE) currently has mean rating of 3.0 while 0 analyst have recommended the shares as ‘BUY’ ,1 recommended as ‘OUTPERFORM’ and 4 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell
The mean price target for the shares of Vale SA (ADR) (NYSE:VALE) is at $4.03 while the highest price target suggested by the analysts is $6.50 and low price target is $2.90. The mean price target is calculated keeping in view the consensus of 5 brokerage firms.
The company’s mean estimate for sales for the current quarter ending Jun 16 is 6.49B by 2 analysts. The means estimate of sales for the year ending Dec 16 is 24.31B by 6 analysts.
The average estimate of EPS for the current fiscal quarter for Vale SA (ADR) (NYSE:VALE) stands at $0.17 while the EPS for the current year is fixed at $0.38 by 2.00 analysts
The next one year’s EPS estimate is set at 0.19 by 5.00 analysts while a year ago the analysts suggested the company’s EPS at $0.38. The analysts also projected the company’s long-term growth at 0.01% for the upcoming five years
In its latest quarter ended on 31 Mar 2016 , Vale SA (ADR) (NYSE:VALE) reported earnings of $0.34. The posted earnings topped the analyst’s consensus by $0.02 with the surprise factor of 6.30%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.
Vale SA (ADR) (NYSE:VALE) traded up +5.76% during trading on Friday, hitting $4.99 . The stock had a trading volume of 19.9 M shares. The firm has a 50 day moving average of $4.38 and a 200-day moving average of $3.80. The stock has a market cap of $25.56B. On Apr 21, 2016 the shares registered one year high at $6.26 and the one year low was seen on Jan 26, 2016.
Vale S.A., together with its subsidiaries, engages in the research, production, and sale of iron ore and pellets, nickel, fertilizer, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally. Its Bulk Material segment produces and extracts iron ore and pellet. This segment is also involved in the production and extraction of manganese, ferroalloys, and others ferrous products and services; and extraction of coal, as well as in the provision of railroad, port, and terminal logistics services. The companys Base Metals segment produces and extracts non-ferrous minerals, including nickel and copper. Its Fertilizers segment provides a group of nutrients, such as potash, phosphates, and nitrogen. The company also invests in energy generation through operating hydroelectric plants and centers, as well as produces steel. The company was formerly known as Companhia Vale do Rio Doce and changed its name to Vale S.A. in May 2009. Vale S.A. was founded in 1942 and is headquartered in Rio de Janeiro, Brazil.