Large-cap Basic Materials company VALE has moved -0.4% so far today on a volume of 10,416,467, compared to its average of 22,190,317. In contrast, the S&P 500 index moved -0.0%.
VALE trades -13.74% away from its average analyst target price of $17.29 per share. The 22 analysts following the stock have set target prices ranging from $13.6 to $20.0, and on average have given VALE a rating of buy.
If you are considering an investment in VALE, you'll want to know the following:
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VALE has moved -6.8% over the last year, and the S&P 500 logged a change of 22.5%
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Based on its trailing earnings per share of 2.1, VALE has a trailing 12 month Price to Earnings (P/E) ratio of 7.1 while the S&P 500 average is 15.97
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VALE has a forward P/E ratio of 6.1 based on its forward 12 month price to earnings (EPS) of $2.43 per share
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The company has a price to earnings growth (PEG) ratio of -0.56 — a number near or below 1 signifying that VALE is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 1.69 compared to its sector average of 2.07
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Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally.