Scotiabank Has Pessimistic Outlook of Vale FY2026 Earnings

Vale S.A. (NYSE:VALE) – Scotiabank reduced their FY2026 EPS estimates for Vale in a note issued to investors on Thursday, July 23rd. Scotiabank analyst A. Salazar now anticipates that the basic materials company will post earnings of $2.22 per share for the year, down from their previous estimate of $2.56. Scotiabank has a “Sector Perform” rating and a $16.00 price objective on the stock. The consensus estimate for Vale’s current full-year earnings is $1.91 per share. Scotiabank also issued estimates for Vale’s FY2027 earnings at $2.20 EPS.

A number of other research firms have also recently commented on VALE. Weiss Ratings reiterated a “hold (c)” rating on shares of Vale in a research note on Wednesday, July 8th. JPMorgan Chase & Co. boosted their price target on Vale from $19.50 to $21.00 and gave the stock an “overweight” rating in a research note on Friday, June 12th. Wall Street Zen downgraded shares of Vale from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Vale in a research report on Monday, June 15th. Finally, Wells Fargo & Company lowered their target price on shares of Vale from $16.00 to $15.00 and set an “equal weight” rating for the company in a research note on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, Vale has a consensus rating of “Hold” and a consensus price target of $16.15.

Vale Stock Down 0.5%

Shares of VALE stock opened at $14.70 on Monday. Vale has a 1-year low of $9.36 and a 1-year high of $17.94. The stock’s fifty day moving average price is $15.28 and its 200 day moving average price is $15.82. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.24 and a quick ratio of 0.79. The company has a market cap of $66.74 billion, a price-to-earnings ratio of 21.95 and a beta of 0.46.

Vale (NYSE:VALE) last issued its quarterly earnings data on Tuesday, April 28th. The basic materials company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.08). The business had revenue of $9.26 billion for the quarter, compared to analysts’ expectations of $9.53 billion. Vale had a net margin of 7.21% and a return on equity of 21.10%.

Institutional Trading of Vale

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VALE. PNC Financial Services Group Inc. increased its position in Vale by 2.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 28,913 shares of the basic materials company’s stock valued at $377,000 after acquiring an additional 632 shares during the period. Chesapeake Capital Corp IL boosted its position in Vale by 0.9% during the 4th quarter. Chesapeake Capital Corp IL now owns 72,358 shares of the basic materials company’s stock worth $943,000 after acquiring an additional 646 shares during the period. Checchi Capital Advisers LLC grew its stake in shares of Vale by 1.8% in the fourth quarter. Checchi Capital Advisers LLC now owns 38,134 shares of the basic materials company’s stock worth $497,000 after purchasing an additional 675 shares in the last quarter. NewEdge Wealth LLC grew its stake in shares of Vale by 2.8% in the first quarter. NewEdge Wealth LLC now owns 25,799 shares of the basic materials company’s stock worth $410,000 after purchasing an additional 708 shares in the last quarter. Finally, Quadrant Capital Group LLC increased its holdings in shares of Vale by 1.3% during the fourth quarter. Quadrant Capital Group LLC now owns 66,870 shares of the basic materials company’s stock valued at $871,000 after purchasing an additional 853 shares during the period. Institutional investors and hedge funds own 21.85% of the company’s stock.

About Vale

Vale SA is a Brazilian multinational mining company and one of the world’s largest producers of iron ore and iron ore pellets. In addition to iron ore, the company produces and sells a range of bulk commodities and metals, including nickel, copper, coal, manganese, ferroalloys and cobalt, and it participates in the fertilizer inputs market. Vale also operates extensive logistics assets — including rail, port and maritime logistics — that support its mining and export activities and provide services to third parties in some regions.

Headquartered in Brazil, Vale maintains a global operational footprint with mining, processing and shipping activities across the Americas, Africa, Asia and Oceania.