We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
VALE S.A. (VALE) Flat As Market Gains: What You Should Know
Read MoreHide Full Article
The latest trading session saw VALE S.A. (VALE - Free Report) ending at $12.50, denoting no adjustment from its last day's close. This change lagged the S&P 500's 0.15% gain on the day. Elsewhere, the Dow lost 0.02%, while the tech-heavy Nasdaq added 0.32%.
The company's stock has dropped by 2.57% in the past month, falling short of the Basic Materials sector's gain of 3.94% and the S&P 500's gain of 1.65%.
The investment community will be paying close attention to the earnings performance of VALE S.A. in its upcoming release. The company is predicted to post an EPS of $0.50, indicating a 21.95% growth compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $9.05 billion, indicating a 7.28% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.56 per share and revenue of $42.39 billion, indicating changes of +39.89% and +1.45%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for VALE S.A. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been a 1.63% fall in the Zacks Consensus EPS estimate. At present, VALE S.A. boasts a Zacks Rank of #3 (Hold).
In terms of valuation, VALE S.A. is currently trading at a Forward P/E ratio of 4.88. This denotes no noticeable deviation relative to the industry's average Forward P/E of 4.88.
The Mining - Iron industry is part of the Basic Materials sector. This industry, currently bearing a Zacks Industry Rank of 100, finds itself in the top 40% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
VALE S.A. (VALE) Flat As Market Gains: What You Should Know
The latest trading session saw VALE S.A. (VALE - Free Report) ending at $12.50, denoting no adjustment from its last day's close. This change lagged the S&P 500's 0.15% gain on the day. Elsewhere, the Dow lost 0.02%, while the tech-heavy Nasdaq added 0.32%.
The company's stock has dropped by 2.57% in the past month, falling short of the Basic Materials sector's gain of 3.94% and the S&P 500's gain of 1.65%.
The investment community will be paying close attention to the earnings performance of VALE S.A. in its upcoming release. The company is predicted to post an EPS of $0.50, indicating a 21.95% growth compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $9.05 billion, indicating a 7.28% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.56 per share and revenue of $42.39 billion, indicating changes of +39.89% and +1.45%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for VALE S.A. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been a 1.63% fall in the Zacks Consensus EPS estimate. At present, VALE S.A. boasts a Zacks Rank of #3 (Hold).
In terms of valuation, VALE S.A. is currently trading at a Forward P/E ratio of 4.88. This denotes no noticeable deviation relative to the industry's average Forward P/E of 4.88.
The Mining - Iron industry is part of the Basic Materials sector. This industry, currently bearing a Zacks Industry Rank of 100, finds itself in the top 40% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.