More and more people are talking about VALE over the last few weeks. Is it worth buying the Industrial Metals & Mining stock at a price of $15.38? Only time will tell. The information below will give you a basic idea of what this investment may entail:
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VALE has moved -7.5% over the last year, and the S&P 500 logged a change of 24.0%
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VALE has an average analyst rating of buy and is -11.05% away from its mean target price of $17.29 per share
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Its trailing earnings per share (EPS) is $2.1
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VALE has a trailing 12 month Price to Earnings (P/E) ratio of 7.3 while the S&P 500 average is 15.97
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Its forward earnings per share (EPS) is $2.43 and its forward P/E ratio is 6.3
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The company has a Price to Book (P/B) ratio of 1.74 in contrast to the S&P 500's average ratio of 2.95
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VALE is part of the Basic Materials sector, which has an average P/E ratio of 16.53 and an average P/B of 2.07
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VALE has reported YOY quarterly earnings growth of -32.9% and gross profit margins of 0.4%
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The company has a free cash flow of $4.19 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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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. The company operates through Iron Solutions and Energy Transition Materials segments. The Iron Solutions segment produces and extracts iron ore and pellets, manganese, and other ferrous products; and provides related logistic services. The Energy Transition Materials segment produces and extracts nickel used to produce stainless steel, electric vehicles, and metal alloys; and its by-products, such as gold, silver, cobalt, precious metals, platinum, and others, as well as copper used in the construction sector to produce pipes and electrical wires. The company was formerly known as Companhia Vale do Rio Doce and changed its name to Vale S.A. in May 2009. Vale S.A. was founded in 1942 and is headquartered in Rio de Janeiro, Brazil.