Scotiabank Estimates Vale’s FY2025 Earnings (NYSE:VALE)

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

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

Other analysts have also issued research reports about the stock. JPMorgan Chase & Co. reduced their price target on shares of Vale from $16.50 to $15.00 and set an “overweight” rating on the stock in a research report on Monday, September 23rd. Wolfe Research raised Vale from an “underperform” rating to a “peer perform” rating in a report on Wednesday. UBS Group cut Vale from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $14.00 to $11.50 in a report on Monday, November 11th. Barclays dropped their price objective on Vale from $16.00 to $15.25 and set an “overweight” rating for the company in a research report on Wednesday, December 4th. Finally, Morgan Stanley cut Vale from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $14.50 to $11.30 in a research report on Thursday, December 12th. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $13.89.

Vale Price Performance

Shares of NYSE VALE opened at $8.51 on Thursday. The business has a fifty day moving average price of $9.52 and a two-hundred day moving average price of $10.36. The stock has a market capitalization of $38.15 billion, a PE ratio of 3.94, a P/E/G ratio of 0.27 and a beta of 0.92. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.91 and a quick ratio of 0.58. Vale has a fifty-two week low of $8.42 and a fifty-two week high of $15.02.

Institutional Trading of Vale

Hedge funds have recently bought and sold shares of the business. Ballentine Partners LLC increased its holdings in Vale by 7.8% during the third quarter. Ballentine Partners LLC now owns 13,627 shares of the basic materials company’s stock worth $159,000 after buying an additional 987 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Vale by 1.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 62,076 shares of the basic materials company’s stock worth $693,000 after purchasing an additional 1,187 shares during the last quarter. Pinnacle Associates Ltd. increased its position in Vale by 5.0% in the third quarter. Pinnacle Associates Ltd. now owns 28,754 shares of the basic materials company’s stock worth $336,000 after buying an additional 1,375 shares during the last quarter. Keynote Financial Services LLC raised its stake in Vale by 13.5% in the 3rd quarter. Keynote Financial Services LLC now owns 11,737 shares of the basic materials company’s stock valued at $137,000 after acquiring an additional 1,400 shares during the period. Finally, Principal Financial Group Inc. increased its stake in shares of Vale by 1.0% in the third quarter. Principal Financial Group Inc. now owns 158,561 shares of the basic materials company’s stock worth $1,852,000 after purchasing an additional 1,494 shares in the last quarter. 21.85% of the stock is currently owned by institutional investors.

Vale Company Profile

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.