Vale (VALE) Getting Somewhat Favorable Press Coverage, Analysis Finds

News stories about Vale (NYSE:VALE) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Vale earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned headlines about the basic materials company an impact score of 46.5908540362678 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:

VALE traded down $0.25 during trading hours on Thursday, hitting $13.66. The stock had a trading volume of 28,744,398 shares, compared to its average volume of 23,944,352. Vale has a 1 year low of $7.65 and a 1 year high of $15.24. The firm has a market cap of $71.43 billion, a P/E ratio of 10.12 and a beta of 1.66. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.13 and a current ratio of 1.53.

Vale (NYSE:VALE) last announced its quarterly earnings data on Wednesday, April 25th. The basic materials company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.03. Vale had a return on equity of 14.89% and a net margin of 13.53%. The company had revenue of $8.60 billion during the quarter, compared to analyst estimates of $8.60 billion. research analysts predict that Vale will post 1.36 earnings per share for the current fiscal year.

VALE has been the subject of several research analyst reports. Credit Suisse Group reaffirmed a “buy” rating and set a $16.00 target price on shares of Vale in a research report on Friday, March 2nd. Royal Bank of Canada lowered Vale from an “outperform” rating to a “sector perform” rating and set a $16.00 target price for the company. in a research report on Tuesday, April 24th. Zacks Investment Research raised Vale from a “hold” rating to a “strong-buy” rating and set a $16.00 target price for the company in a research report on Monday, February 19th. Cowen reaffirmed a “market perform” rating and set a $15.00 target price (up from $11.00) on shares of Vale in a research report on Thursday, March 1st. Finally, Bank of America initiated coverage on Vale in a research report on Wednesday, March 28th. They set a “buy” rating and a $16.50 target price for the company. Ten equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $14.55.

Vale Company Profile

Vale SA, together with its subsidiaries, produces and sells iron ore and iron ore pallets for use as raw materials in steelmaking in Brazil and internationally. It operates through Ferrous Minerals, Coal, and Base Metals segments. The Ferrous Minerals segment produces and extracts iron ore and pellets, manganese, ferroalloys, and others ferrous products and services, as well as engages in the provision of related railroad, port, and terminal logistics services.

Insider Buying and Selling by Quarter for Vale (NYSE:VALE)

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