Somewhat Favorable News Coverage Somewhat Unlikely to Affect Vale (VALE) Stock Price

News articles about Vale (NYSE:VALE) have trended somewhat positive on Sunday, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Vale earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave news headlines about the basic materials company an impact score of 45.1770521567278 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the headlines that may have impacted Accern Sentiment’s scoring:

VALE has been the subject of several research analyst reports. Clarkson Capital restated a “neutral” rating on shares of Vale in a research note on Monday, July 10th. BidaskClub upgraded shares of Vale from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 12th. Jefferies Group LLC restated a “hold” rating and set a $8.50 price target on shares of Vale in a research note on Friday, July 14th. Cowen and Company restated a “hold” rating and set a $10.00 price target on shares of Vale in a research note on Friday, July 14th. Finally, Credit Suisse Group set a $8.00 price target on shares of Vale and gave the stock a “hold” rating in a research note on Thursday, July 27th. Eleven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $10.06.

Vale (NYSE:VALE) opened at $10.09 on Friday. The company has a quick ratio of 1.47, a current ratio of 1.86 and a debt-to-equity ratio of 0.52. Vale has a fifty-two week low of $6.59 and a fifty-two week high of $11.72. The company has a market cap of $51,997.55, a price-to-earnings ratio of 6.64, a price-to-earnings-growth ratio of 0.62 and a beta of 1.56.

Vale (NYSE:VALE) last announced its quarterly earnings results on Thursday, October 26th. The basic materials company reported $0.40 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.15. Vale had a net margin of 15.25% and a return on equity of 19.02%. The firm had revenue of $9.05 billion during the quarter. equities research analysts anticipate that Vale will post 1.25 earnings per share for the current year.

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Vale Company Profile

Vale SA is a global producer of iron ore and iron ore pellets, key raw materials for steelmaking, and producer of nickel. The Company also produces copper, metallurgical and thermal coal, potash, phosphates and other fertilizer nutrients, manganese ore, ferroalloys, platinum group metals, gold, silver and cobalt.

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