VALE S.A. (VALE) Rises As Market Takes a Dip: Key Facts

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VALE S.A. (VALE) closed the most recent trading day at $11.29, moving +0.98% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.25%. Elsewhere, the Dow saw an upswing of 0.77%, while the tech-heavy Nasdaq depreciated by 0.79%.

Prior to today's trading, shares of the company had lost 11.62% over the past month. This has lagged the Basic Materials sector's loss of 6.47% and the S&P 500's gain of 3.59% in that time.

The investment community will be closely monitoring the performance of VALE S.A. in its forthcoming earnings report. The company is expected to report EPS of $0.52, up 160% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $10.29 billion, indicating a 6.36% growth compared to the corresponding quarter of the prior year.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.18 per share and revenue of $42.21 billion, indicating changes of +19.13% and +1.02%, respectively, compared to the previous year.

Investors should also note any recent changes to analyst estimates for VALE S.A. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. VALE S.A. is currently a Zacks Rank #4 (Sell).

Valuation is also important, so investors should note that VALE S.A. has a Forward P/E ratio of 5.14 right now. This signifies no noticeable deviation in comparison to the average Forward P/E of 5.14 for its industry.

We can also see that VALE currently has a PEG ratio of 4.94. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Mining - Iron stocks are, on average, holding a PEG ratio of 4.94 based on yesterday's closing prices.

The Mining - Iron industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 243, putting it in the bottom 4% of all 250+ industries.