Vale S.A. (VALE) Is A Stock You Should Watch

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As of Wednesday close, Vale S.A.’s (NYSE:VALE) stock was up $0.23, moving up 1.54 percent to $15.12. The average number of shares traded per day over the past five days has been 28,881,359 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.10 fall in that time frame. In the last twenty days, the average volume was 44,918,234, while in the previous 50 days, it was 47,127,797.

Since last month, VALE stock rose 11.59%. Shares of the company fell to $12.47 on 10/28/22, the lowest level in the past month. A 52-week high of $20.84 was reached on 04/04/22 after having rallying from a 52-week low of $11.72. Since the beginning of this year, VALE’s stock price has risen by 10.17% or $1.10, and marked a new high 22 times. However, the stock has declined by -27.45% since its 52-week high.


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Valuation Metrics

Right now, Vale S.A. (VALE) has a P/E ratio of about 3.55. The stock’s beta is 0.84. Besides these, the trailing price-to-sales (P/S) ratio of 1.70, the price-to-book (PB) ratio of 2.08.

The latest dividend of $0.3907 per share was paid out, which is -45.58% less than last year’s $0.7180. On Monday August 1 2022, a $0.3273 dividend decrease was announced.

Financial Health

In the three months ended September 29, Vale S.A.’s quick ratio stood at 0.70, while its current ratio was 1.10, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.35, and the total debt-to-equity ratio was 0.37. On the profitability front, the trailing twelve-month gross margin is 49.80% percent. In the year ended September 29, operating margins totaled 44.10%. Based on annual data, VALE earned $32.77 billion in gross profit and brought in $54.5 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 43.10%. Return on equity (ROE) for the past 12 months was 58.00%.

According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. While analysts expected Vale S.A. to report $0.56 quarterly earnings, the actual figure was $0.98 per share, beating the consensus estimate by 75.00%. During the quarter, the company generated $2.82 billion in EBITDA. The liabilities of Vale S.A. were 45.94 billion at the end of its most recent quarter ended September 29, and its total debt was $80.36 billion.

Technical Picture

This quick technical analysis looks at Vale S.A.’s (VALE) price momentum. With a historical volatility rate of 61.07%, the RSI 9-day stood at 57.60% on 23 November.

With respect to its five-day moving average, the current Vale S.A. price is down by -0.66% percent or -$0.10. At present, VALE shares trade +10.04% above its 20-day simple moving average and +9.64% percent above its 100-day simple moving average. However, the stock is currently trading approximately +17.03% above its SMA50 and -13.25% below its SMA200.

Stochastic coefficient K was 66.70% and Stochastic coefficient D was 70.31%, while ATR was 0.59. Given the Stochastic reading of 63.38% for the 14-day period, the RSI (14) reading has been calculated as 57.20%. As of today, the MACD Oscillator reading stands at -0.28, while the 14-day reading stands at 0.14.

Analyst Ratings

Deutsche Bank upgraded its rating on Vale S.A. (NYSE: VALE) to a Buy in a note to investors on November 23, 2022. The analysts firm previously had a Hold rating on the stock.Vale S.A. (VALE) has been rated Overweight by analysts. According to 1 brokerage firm, VALE is a sell, and 9 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Vale S.A. stock as buy, with 13 recommending it as overweight.

With a median target price of $17.25, the current consensus forecast for the stock is $12.00 – $22.00. Based on these forecasts, analysts predict Vale S.A. (VALE) will achieve an average price target of $16.89.

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