why is vale stock falling

Full Answer

How much has Vale stock dropped over the last 10 days?

If you look at the change over the last ten days and one month, the stock has dropped 7.2% and 8.8%, respectively, thus having lagged the broader market on both occasions. The drop in Vale stock was after the company announced a lackluster Q3 2021. Though there was a 3.2% rise in iron ore sales for Q3 2021, nickel and copper sales fell sharply.

What's happening with vale (vale)?

In the latest trading session, VALE S.A. (VALE) closed at $14.02, marking a -0.43% move from the previous day. Anglo American confirmed on Wednesday preliminary discussions with Vale SA to potentially jointly develop the Brazilian miner's Serpentina project adjacent to the London-listed company's Minas-Rio iron ore mine.

Are there any Vale insiders buying stock?

In the past three months, Vale insiders have not sold or bought any company stock. Only 23.15% of the stock of Vale is held by institutions. Earnings for Vale are expected to decrease by -46.17% in the coming year, from $3.92 to $2.11 per share.

Is Vale a good dividend stock to buy?

Vale pays an annual dividend of $3.01 per share and currently has a dividend yield of 19.29%. VALE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Vale does not yet have a strong track record of dividend growth.

Is VALE a good stock to buy now?

VALE S.A. is expected to post earnings of $1.28 per share for the current quarter, representing a year-over-year change of -19.5%. Over the last 30 days, the Zacks Consensus Estimate has changed -5.4%. The consensus earnings estimate of $4.39 for the current fiscal year indicates a year-over-year change of -18.7%.

Is VALE a Buy Sell or Hold?

Vale has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 6 buy ratings, 6 hold ratings, and 1 sell rating.

Is VALE mining a good investment?

Vale SA (ADR)'s trailing 12-month revenue is $55.6 billion with a 40.5% profit margin. Year-over-year quarterly sales growth most recently was -17.6%. Analysts expect adjusted earnings to reach $4.070 per share for the current fiscal year. Vale SA (ADR) currently has a 17.9% dividend yield.

Is VALE a strong buy?

Vale is a major iron ore producer that is highly profitable, generates strong cash flows, and has a clean balance sheet. Investors can expect strong shareholder returns this year, thanks to a 20%+ earnings yield.

Is VALE undervalued?

VALE is heavily undervalued in terms of relative valuation. The NAV DCF model, built on fairly conservative assumptions, also speaks of underestimation.

Is VALE overvalued?

Vale SA ADR has a current Real Value of $13.31 per share. The regular price of the company is $18.54. At this time, the company appears to be overvalued....USD 18.54 0.27 1.44%LowTarget PriceHigh8.0011.2814.20

Why is Vale stock so cheap?

When much of the world came out of lockdown, it breathed new life into the energy and mining sectors. However, China's pledge to cut down on steel production (which negatively affects Vale, as iron ore is its major input) and the Evergrande crisis have quickly decimated the share price of Vale and its peers.

Is Vale a long term stock?

Basically, Vale is a very big company that may have off quarters or even years, but long term, it runs a reliable, profitable business.

Is VALE a safe stock?

Analyst Ratings Analyst consensus ratings call VALE a buy, with 10 of 24 analysts reported by Yahoo Finance rating it a “strong buy” or “buy,” 12 rating it a “hold” and two rating it “underperform.” The average price target is $18.70, down from $19.02 in November 2021.

What is the forecast for VALE stock?

Stock Price Forecast The 23 analysts offering 12-month price forecasts for Vale SA have a median target of 21.45, with a high estimate of 25.50 and a low estimate of 14.00. The median estimate represents a +16.89% increase from the last price of 18.35.

Should I buy or sell Vale stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Vale in the last year. There are currently 1 sell ratin...

What is Vale's stock price forecast for 2022?

12 Wall Street analysts have issued 12-month target prices for Vale's stock. Their forecasts range from $13.00 to $26.00. On average, they anticipa...

How has Vale's stock price performed in 2022?

Vale's stock was trading at $14.02 at the beginning of 2022. Since then, VALE shares have increased by 20.3% and is now trading at $16.86. View th...

Are investors shorting Vale?

Vale saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 27,560,000 shares, a decrease of 2...

When is Vale's next earnings date?

Vale is scheduled to release its next quarterly earnings announcement on Thursday, July 28th 2022. View our earnings forecast for Vale .

How were Vale's earnings last quarter?

Vale S.A. (NYSE:VALE) released its earnings results on Thursday, October, 28th. The basic materials company reported $0.76 EPS for the quarter, mis...

How often does Vale pay dividends? What is the dividend yield for Vale?

Vale declared a semi-annual dividend on Tuesday, March 1st. Investors of record on Thursday, March 10th will be paid a dividend of $0.718 per share...

Is Vale a good dividend stock?

Vale(NYSE:VALE) pays an annual dividend of $1.45 per share and currently has a dividend yield of 8.48%. VALE has a dividend yield higher than 75% o...

Who are Vale's key executives?

Vale's management team includes the following people: Mr. Eduardo de Salles Bartolomeo , Pres (Chief Exec. Officer) (Age 58) Mr. Gustavo Duarte...

What is the dividend yield of Vale?

Vale pays an annual dividend of $1.30 per share and currently has a dividend yield of 6.18%. VALE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Vale is 61.61%. This payout ratio is at a healthy, sustainable level, below 75%.

What is Vale stock worth in 2020?

Vale's stock was trading at $8.50 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, VALE stock has increased by 165.2% and is now trading at $22.54.

UPDATE 1-Brazil miner Samarco faces crunch creditor vote in March as standoff looms

Samarco Mineracao faces a possible creditor standoff at a meeting which has been scheduled for March 10 to vote on debt restructuring proposals which would allow the Brazilian iron ore miner to exit bankruptcy protection.

Brazil miner Samarco faces crunch creditor vote as standoff looms

Samarco Mineracao faces a possible creditor standoff at meetings starting on Wednesday to vote on debt restructuring proposals which would allow the Brazilian iron ore miner to exit bankruptcy protection.

Brazil's Vale resumes operations in Canadian Totten mine

Brazilian miner Vale SA said on Tuesday its Totten mine resumed operations and is in production ramp-up phase, following an incident last year that trapped 39 workers in the Canadian mine.

Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, February 10, 2022, and so far it has fallen -0.17%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The Vale S.A.

Support, Risk & Stop-loss

On the downside, the stock finds support just below today's level from accumulated volume at $16.18 and $13.66. There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Vale S.A. finds support just below today's level at $16.18.

Is Vale S.A. stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Vale S.A. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

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Why Vale Stock Is Underperforming

The market seems to be in free fall right now. The Nasdaq 100 Index (NDX) is falling under its 200-day moving average as tech stocks continue falling. But commodities, on the other hand, are on a tear. So why is Vale stock lagging the market?

Strong Fundamentals

On the positive side, Vale stock has an impressive fundamental profile as it works to repair its image. The dam disaster had a major impact on the company and continues to be a risk. Yet the company is taking action to make sure nothing like this happens again.

A Huge Opportunity

After several major challenges these past few years, VALE is turning the ship around. Between the dam incident, a fire breaking out, and miners getting trapped, the company is feeling the pressure.

VALE Stock Forecast

As VALE moves to minimize risk and promote future growth, they are starting to earn back investor trust. Since hitting a 52-week low of $11.16 in mid-November, Vale stock is climbing back with a strong commodity market.