Wall Street analysts expect that Vale S.A. (NYSE:VALE) will post earnings per share of $0.20 for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Vale S.A.’s earnings. The highest EPS estimate is $0.22 and the lowest is $0.18. Vale S.A. posted earnings per share of $0.53 in the same quarter last year, which indicates a negative year over year growth rate of 62.3%. The company is scheduled to report its next quarterly earnings report on Thursday, February 22nd.

On average, analysts expect that Vale S.A. will report full-year earnings of $1.26 per share for the current fiscal year, with EPS estimates ranging from $1.12 to $1.39. For the next financial year, analysts expect that the firm will report earnings of $1.02 per share, with EPS estimates ranging from $0.67 to $1.55. Zacks Investment Research’s earnings per share averages are an average based on a survey of research analysts that follow Vale S.A..

Vale S.A. (NYSE:VALE) last issued its quarterly earnings results on Thursday, October 26th. The basic materials company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.15. The firm had revenue of $9.05 billion during the quarter. Vale S.A. had a return on equity of 19.02% and a net margin of 15.25%.

A number of brokerages recently commented on VALE. Sandler O’Neill raised Vale S.A. from a “hold” rating to a “buy” rating in a report on Wednesday, September 13th. Santander upgraded Vale S.A. from a “hold” rating to a “buy” rating in a research note on Tuesday, September 12th. BidaskClub cut Vale S.A. from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 15th. Jefferies Group LLC restated a “hold” rating on shares of Vale S.A. in a research note on Tuesday, October 3rd. Finally, Goldman Sachs Group, Inc. (The) restated a “neutral” rating on shares of Vale S.A. in a research note on Monday, October 23rd. Nine investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $10.31.

Institutional investors have recently made changes to their positions in the company. Raymond James Trust N.A. raised its position in shares of Vale S.A. by 8.4% during the 2nd quarter. Raymond James Trust N.A. now owns 11,560 shares of the basic materials company’s stock worth $101,000 after purchasing an additional 893 shares during the period. Verition Fund Management LLC acquired a new stake in shares of Vale S.A. during the 2nd quarter worth approximately $107,000. Wedbush Securities Inc. raised its position in shares of Vale S.A. by 0.7% during the 2nd quarter. Wedbush Securities Inc. now owns 12,991 shares of the basic materials company’s stock worth $114,000 after purchasing an additional 84 shares during the period. Baldwin Investment Management LLC raised its position in shares of Vale S.A. by 0.3% during the 2nd quarter. Baldwin Investment Management LLC now owns 13,701 shares of the basic materials company’s stock worth $120,000 after purchasing an additional 36 shares during the period. Finally, Private Advisor Group LLC acquired a new stake in shares of Vale S.A. during the 2nd quarter worth approximately $127,000. Institutional investors and hedge funds own 11.30% of the company’s stock.

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Shares of Vale S.A. (NYSE VALE) traded up $0.21 on Tuesday, reaching $10.98. The company had a trading volume of 14,770,724 shares, compared to its average volume of 28,493,389. The stock has a market capitalization of $55,501.85, a P/E ratio of 7.09, a P/E/G ratio of 0.66 and a beta of 1.56. Vale S.A. has a 1 year low of $7.47 and a 1 year high of $11.72. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.86 and a quick ratio of 1.47.

About Vale S.A.

Vale SA is a global producer of iron ore and iron ore pellets, key raw materials for steelmaking, and producer of nickel. The Company also produces copper, metallurgical and thermal coal, potash, phosphates and other fertilizer nutrients, manganese ore, ferroalloys, platinum group metals, gold, silver and cobalt.

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