Vale S.A. [VALE] stock Downgrade by Exane BNP Paribas analyst, price target now $18.30

Vale S.A. [NYSE: VALE] slipped around -0.24 points on Friday, while shares priced at $21.03 at the close of the session, down -1.13%. The company report on April 27, 2021 that Vale SA to Host Earnings Call.

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Vale SA (NYSE:VALE) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on April 27, 2021 at 12:00 PM Eastern Time.

To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/event/presentation/76977.

Vale S.A. stock is now 26.57% up from its year-to-date (YTD) trading value. VALE Stock saw the intraday high of $21.28 and lowest of $20.80 per share. The company’s 52-week high price is 23.01, which means current price is +31.03% above from all time high which was touched on 05/10/21.

Compared to the average trading volume of 29.60M shares, VALE reached a trading volume of 29931982 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Vale S.A. [VALE]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VALE shares is $23.24 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VALE stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Exane BNP Paribas have made an estimate for Vale S.A. shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on March 12, 2021. The new note on the price target was released on October 08, 2020, representing the official price target for Vale S.A. stock. On June 03, 2020, analysts decreased their price target for VALE shares from 13 to 12.

The Average True Range (ATR) for Vale S.A. is set at 0.65, with the Price to Sales ratio for VALE stock in the period of the last 12 months amounting to 2.41. The Price to Book ratio for the last quarter was 2.76, with the Price to Cash per share for the same quarter was set at 2.88. Price to Free Cash Flow for VALE in the course of the last twelve months was 13.40 with Quick ratio for the last quarter at 1.60.

How has VALE stock performed recently?

Vale S.A. [VALE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.76. With this latest performance, VALE shares gained by 8.96% in over the last four-week period, additionally plugging by 79.16% over the last 6 months – not to mention a rise of 161.88% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VALE stock in for the last two-week period is set at 56.84, with the RSI for the last a single of trading hit 52.11, and the three-weeks RSI is set at 58.53 for Vale S.A. [VALE]. The present Moving Average for the last 50 days of trading for this stock 18.86, while it was recorded at 21.75 for the last single week of trading, and 15.15 for the last 200 days.

Vale S.A. [VALE]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Vale S.A. [VALE] shares currently have an operating margin of +35.89 and a Gross Margin at +51.83. Vale S.A.’s Net Margin is presently recorded at +12.81.

Return on Total Capital for VALE is now 29.19, given the latest momentum, and Return on Invested Capital for the company is 10.55. Return on Equity for this stock inclined to 15.38, with Return on Assets sitting at 6.30. When it comes to the capital structure of this company, Vale S.A. [VALE] has a Total Debt to Total Equity ratio set at 56.24. Additionally, VALE Total Debt to Total Capital is recorded at 36.00, with Total Debt to Total Assets ending up at 21.85. Long-Term Debt to Equity for the company is recorded at 51.04, with the Long-Term Debt to Total Capital now at 32.67.

Reflecting on the efficiency of the workforce at the company, Vale S.A. [VALE] managed to generate an average of $359,448 per employee. Receivables Turnover for the company is 9.25 with a Total Asset Turnover recorded at a value of 0.49.Vale S.A.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 2.00.

Earnings analysis for Vale S.A. [VALE]

With the latest financial reports released by the company, Vale S.A. posted 0.23/share EPS, while the average EPS was predicted by analysts to be reported at 0.27/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -14.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VALE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Vale S.A. go to 34.03%.

Insider trade positions for Vale S.A. [VALE]

There are presently around $27,360 million, or 23.30% of VALE stock, in the hands of institutional investors. The top three institutional holders of VALE stocks are: CAPITAL RESEARCH GLOBAL INVESTORS with ownership of 269,889,943, which is approximately 24.578% of the company’s market cap and around 38.50% of the total institutional ownership; CAPITAL INTERNATIONAL INVESTORS, holding 167,132,674 shares of the stock with an approximate value of $3.51 billion in VALE stocks shares; and CAPITAL WORLD INVESTORS, currently with $2.55 billion in VALE stock with ownership of nearly 8.297% of the company’s market capitalization.

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Positions in Vale S.A. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 245 institutional holders increased their position in Vale S.A. [NYSE:VALE] by around 250,534,652 shares. Additionally, 168 investors decreased positions by around 101,285,538 shares, while 42 investors held positions by with 949,188,040 shares. The mentioned changes placed institutional holdings at 1,301,008,230 shares, according to the latest SEC report filing. VALE stock had 107 new institutional investments in for a total of 69,264,805 shares, while 46 institutional investors sold positions of 25,420,947 shares during the same period.

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