VALE SA (NYSE:VALE) EPS Analysis

The company declined -1.88% and closed its last trading session at $9.57.

VALE (VALE) opened at 9.39 on Friday. For the current quarter Vale S.A. (NYSE:VALE) has high EPS estimates of $0.29 in contradiction of low EPS estimates of $0.03. Raymond James Trust N.A. purchased a new stake in shares of VALE during the first quarter worth approximately $101,000. The company has 5224.89 shares outstanding and 14.70% shares of the company were owned by institutional investors.

Additionally on 1/25/17 Bernstein "Upgrades" Vale S.A. (NYSE:VALE) to Outperform setting price target at $0 and on 1/12/17 Renaissance Capital "Upgrades" the stock to Market Perform at $9.4. The Firm also produces copper, metallurgical and thermal coal, potash, phosphates and other fertilizer nutrients, manganese ore, ferroalloys, platinum group metals, gold, silver and cobalt. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have assigned a buy rating to the stock. Credit Suisse Group set a $8.00 price target on VALE and gave the stock a "hold" rating in a research report on Tuesday, June 27th. The stock exchanged hands 20.89 Million shares versus average trading capacity of 27.66 Million shares. Zacks Investment Research upgraded Vale from a "hold" rating to a "buy" rating and set a $11.00 price target for the company in a report on Thursday, April 6th. The stock has a market capitalization of $48.39 billion, a P/E ratio of 10.34 and a beta of 1.52.

VALE (NYSE:VALE) last released its earnings results on Thursday, April 27th.

Hedge funds have recently added to or reduced their stakes in the company.

In the last reported quarter, Vale S.A. reported its Actual EPS (earnings per share) of $0.48/share where most of the analysts working on this stock were estimating the EPS to be $0.47/share.

Heading into the earnings release, covering analysts have a consensus target price of $9.91 on Vale S.A. shares. Vale had a return on equity of 16.32% and a net margin of 14.60%. The business had revenue of $8.52 billion during the quarter. Equities research analysts expect that Vale will post $1.04 earnings per share for the current year. Finally, HRT Financial LLC bought a new position in shares of VALE during the first quarter worth about $132,000. If you are viewing this piece on another publication, it was illegally stolen and reposted in violation of US and worldwide copyright & trademark legislation. The correct version of this story can be viewed at https://www.thestockobserver.com/2017/07/25/vale-s-a-nysevale-stock-rating-lowered-by-bidaskclub.html. Reliance Trust Co. of DE increased its stake in VALE by 40.6% in the first quarter.

But Vale, which is located thousands of miles away from its main iron ore market in China, suffered from sharply higher freight costs in Q2; derivatives on commodities, currencies and interest rates produced a loss after earning strong profits a year ago.

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