Alert: Negative Fundamental Signals (4/1/24)-Vale SA (NYSE: VALE)


Vale SA (NYSE: VALE). Extremely significant negative changes in fundamentals have recently occurred: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, significant quarterly sales deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, VALE is expected to continue to be a major Value Builder.

Vale has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Vale has a good Appreciation Score of 83 but a slightly negative Power Rating of 35, producing the High Neutral Value Trend Rating.

Recent Price Action

Vale SA (NYSE: VALE) stock declined slightly by -0.7% on 4/1/24. The stock closed at $12.11. NORMAL trading volume accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -2.2% during the last week.

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