Research Analysts Set Expectations for Vale FY2025 Earnings

Vale S.A. (NYSE:VALE) – Stock analysts at Scotiabank reduced their FY2025 EPS estimates for shares of Vale in a research report issued on Wednesday, January 8th. Scotiabank analyst A. Salazar now expects that the basic materials company will post earnings per share of $2.36 for the year, down from their previous estimate of $2.55. Scotiabank has a “Sector Perform” rating and a $13.00 price objective on the stock. The consensus estimate for Vale’s current full-year earnings is $2.08 per share.

Vale (NYSE:VALE) last announced its earnings results on Thursday, October 24th. The basic materials company reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.15. Vale had a net margin of 22.59% and a return on equity of 21.07%. The business had revenue of $9.55 billion for the quarter, compared to the consensus estimate of $9.61 billion. During the same period last year, the firm posted $0.66 earnings per share.

Several other research analysts have also commented on VALE. Morgan Stanley lowered Vale from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $14.50 to $11.30 in a research report on Thursday, December 12th. JPMorgan Chase & Co. lowered their price objective on Vale from $16.50 to $15.00 and set an “overweight” rating for the company in a research report on Monday, September 23rd. Barclays dropped their target price on Vale from $16.00 to $15.25 and set an “overweight” rating on the stock in a research report on Wednesday, December 4th. StockNews.com began coverage on Vale in a research note on Friday, December 13th. They set a “buy” rating for the company. Finally, Jefferies Financial Group lowered their price target on shares of Vale from $14.00 to $11.00 and set a “buy” rating on the stock in a report on Monday. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $13.89.

Vale Stock Down 0.7 %

Shares of Vale stock opened at $8.50 on Thursday. The firm has a market cap of $38.11 billion, a price-to-earnings ratio of 3.94, a PEG ratio of 0.27 and a beta of 0.92. The company has a 50-day moving average of $9.56 and a 200 day moving average of $10.38. Vale has a 1 year low of $8.42 and a 1 year high of $15.06. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.91 and a quick ratio of 0.58.

Hedge Funds Weigh In On Vale

Large investors have recently modified their holdings of the business. Principal Financial Group Inc. lifted its stake in Vale by 1.0% in the 3rd quarter. Principal Financial Group Inc. now owns 158,561 shares of the basic materials company’s stock valued at $1,852,000 after buying an additional 1,494 shares in the last quarter. Syntax Research Inc. bought a new position in shares of Vale in the 3rd quarter worth about $198,000. Franklin Resources Inc. boosted its position in shares of Vale by 1.2% during the third quarter. Franklin Resources Inc. now owns 701,196 shares of the basic materials company’s stock worth $7,783,000 after buying an additional 8,489 shares during the period. Tidal Investments LLC grew its position in Vale by 13.2% in the 3rd quarter. Tidal Investments LLC now owns 301,410 shares of the basic materials company’s stock valued at $3,520,000 after buying an additional 35,183 shares in the last quarter. Finally, PVG Asset Management Corp purchased a new stake in shares of Vale in the 3rd quarter valued at approximately $182,000. 21.85% of the stock is owned by hedge funds and other institutional investors.

About Vale

Vale SA, together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Iron Solutions and Energy Transition Materials segments. The Iron Solutions segment produces and extracts iron ore and pellets, manganese, and other ferrous products; and provides related logistic services.