- Vale (VALE, Financial) is expected to announce its Q1 earnings on April 24th, with analysts projecting stable EPS just above $0.40.
- Brokerage firms rate Vale as an "Outperform," suggesting confidence in future growth.
- Current price forecasts show a potential upside, with a significant price target average increase expected.
Vale (VALE) is gearing up for the release of its first-quarter earnings report, scheduled for April 24th after the market closes. Analysts are projecting earnings per share (EPS) of $0.41 alongside revenues of $8.16 billion. The preceding quarter experienced minor adjustments, with a single upward revision in EPS estimates and a slight decrease in revenue projections.
Consensus from Wall Street Analysts
Insight gathered from 19 analysts reveals that the one-year price target for Vale SA (VALE, Financial) averages $12.59, with highs reaching $16.50 and lows at $10.00. This average price target predicts a notable upside of 31.87% compared to the present stock price of $9.55. For a deeper dive into these projections, please visit the Vale SA (VALE) Forecast page.
Brokerage Recommendations
Out of 23 brokerage firms, the consensus recommendation positions Vale SA (VALE, Financial) at an average rating of 2.3, indicating "Outperform." This rating operates on a scale of 1 to 5, where 1 signifies a Strong Buy and 5 denotes a Sell.
Understanding the GF Value Estimate
According to GuruFocus' estimates, Vale SA (VALE, Financial) carries a projected GF Value of $11.39 for the upcoming year. This suggests a potential gain of 19.27% from its current trading price of $9.55. The GF Value represents GuruFocus' perspective on the stock's fair trading value, factoring in historical trading multiples, past business growth trends, and future performance forecasts. More comprehensive data can be explored on the Vale SA (VALE) Summary page.
