Recent significant negative changes in fundamentals have affected Vale SA (NYSE: VALE). Negative developments: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, significant quarterly sales deceleration occurred, and the consensus estimate for December, 2024 decreased significantly. Positive development: the consensus estimate for December, 2025 increased significantly.
Important negative changes in Vale SA (NYSE: VALE) investment behavior have recently occurred: negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, VALE is expected to continue to be a major Value Builder.
Vale has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Vale has a good Appreciation Score of 81 but a neutral Power Rating of 47, with the Positive Value Trend Rating the result.
Recent Price Action
On 3/8/24, Vale SA (NYSE: VALE) stock declined by -2.2%, closing at $13.19. Moreover, unusually high trading volume at 162% of normal accompanied the decline. The stock has declined -1.6% during the last week and has performed in line with the market over the last nine months.
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