We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
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) Gains As Market Dips: What You Should Know
Read MoreHide Full Article
VALE S.A. (VALE - Free Report) closed at $10.18 in the latest trading session, marking a +0.99% move from the prior day. The stock's performance was ahead of the S&P 500's daily loss of 1.07%. Meanwhile, the Dow lost 0.62%, and the Nasdaq, a tech-heavy index, lost 1.71%.
Prior to today's trading, shares of the company had gained 3.28% over the past month. This has outpaced the Basic Materials sector's loss of 0.56% and the S&P 500's loss of 7.03% in that time.
The upcoming earnings release of VALE S.A. will be of great interest to investors. The company is predicted to post an EPS of $0.43, indicating a 10.26% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $8.81 billion, reflecting a 4.09% rise from the equivalent quarter last year.
VALE's full-year Zacks Consensus Estimates are calling for earnings of $1.86 per share and revenue of $39.71 billion. These results would represent year-over-year changes of +2.2% and +4.34%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for VALE S.A. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.65% increase. VALE S.A. is holding a Zacks Rank of #3 (Hold) right now.
Looking at its valuation, VALE S.A. is holding a Forward P/E ratio of 5.41. This expresses no noticeable deviation compared to the average Forward P/E of 5.41 of its industry.
We can also see that VALE currently has a PEG ratio of 0.31. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Mining - Iron stocks are, on average, holding a PEG ratio of 0.31 based on yesterday's closing prices.
The Mining - Iron industry is part of the Basic Materials sector. Currently, this industry holds a Zacks Industry Rank of 82, positioning it in the top 33% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming 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) Gains As Market Dips: What You Should Know
VALE S.A. (VALE - Free Report) closed at $10.18 in the latest trading session, marking a +0.99% move from the prior day. The stock's performance was ahead of the S&P 500's daily loss of 1.07%. Meanwhile, the Dow lost 0.62%, and the Nasdaq, a tech-heavy index, lost 1.71%.
Prior to today's trading, shares of the company had gained 3.28% over the past month. This has outpaced the Basic Materials sector's loss of 0.56% and the S&P 500's loss of 7.03% in that time.
The upcoming earnings release of VALE S.A. will be of great interest to investors. The company is predicted to post an EPS of $0.43, indicating a 10.26% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $8.81 billion, reflecting a 4.09% rise from the equivalent quarter last year.
VALE's full-year Zacks Consensus Estimates are calling for earnings of $1.86 per share and revenue of $39.71 billion. These results would represent year-over-year changes of +2.2% and +4.34%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for VALE S.A. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.65% increase. VALE S.A. is holding a Zacks Rank of #3 (Hold) right now.
Looking at its valuation, VALE S.A. is holding a Forward P/E ratio of 5.41. This expresses no noticeable deviation compared to the average Forward P/E of 5.41 of its industry.
We can also see that VALE currently has a PEG ratio of 0.31. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Mining - Iron stocks are, on average, holding a PEG ratio of 0.31 based on yesterday's closing prices.
The Mining - Iron industry is part of the Basic Materials sector. Currently, this industry holds a Zacks Industry Rank of 82, positioning it in the top 33% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.