Scotiabank Has Negative Outlook for Vale FY2025 Earnings

Vale S.A. (NYSE:VALE) – Research analysts at Scotiabank decreased their FY2025 EPS estimates for Vale in a research report issued on Wednesday, January 8th. Scotiabank analyst A. Salazar now expects that the basic materials company will earn $2.36 per share 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 issued its quarterly 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 during the quarter, compared to analyst estimates of $9.61 billion. During the same quarter last year, the business posted $0.66 earnings per share.

Several other research firms have also weighed in on VALE. Morgan Stanley lowered Vale from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $14.50 to $11.30 in a research note on Thursday, December 12th. Barclays dropped their price target on Vale from $16.00 to $15.25 and set an “overweight” rating on the stock in a research note on Wednesday, December 4th. StockNews.com initiated coverage on shares of Vale in a report on Friday, December 13th. They set a “buy” rating for the company. Wolfe Research raised Vale from an “underperform” rating to a “peer perform” rating in a research report on Wednesday. Finally, UBS Group lowered shares of Vale from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $14.00 to $11.50 in a research note on Monday, November 11th. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Vale presently has a consensus rating of “Hold” and an average target price of $13.89.

Vale Stock Down 0.7 %

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

Institutional Investors Weigh In On Vale

A number of institutional investors have recently modified their holdings of VALE. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Vale during the 3rd quarter worth approximately $28,000. Point72 Hong Kong Ltd acquired a new stake in Vale in the third quarter valued at $36,000. Wilmington Savings Fund Society FSB bought a new position in shares of Vale during the third quarter worth about $79,000. Vienna Asset Management LLC acquired a new position in shares of Vale in the 3rd quarter worth approximately $117,000. Finally, Phillips Wealth Planners LLC bought a new stake in Vale during the third quarter valued at $118,000. Institutional investors own 21.85% of the company’s stock.

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.