Vale S.A. (VALE) Stock Forecast for 2024. Vale Prediction







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Vale S.A. (VALE) Stock Forecast for 2024. Vale Shares Prediction

Updated: May 29, 2024 (08:36)

Sector: Basic materials

The share price of Vale S.A. (VALE) now

What analysts predict: $15.91
52-week High/Low: $15.39 / $11.26

50/200 Day Moving Average: $12.32 / $13.49

This figure corresponds to the Average Price over the previous 50/200 days. For Vale S.A. stocks, the 50-day moving average is the resistance level today.

For Vale S.A. stocks, the 200-day moving average is the resistance level today.

Are you interested in Vale S.A. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Vale S.A. stock price in 2024. How much will one Vale S.A. share be worth in 2024? Is it worth taking profit / loss on VALE stock now or waiting? What are analysts' forecasts for Vale S.A. stock?

We forecast Vale S.A. stock performance using neural networks based on historical data on VALE stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.

Vale S.A. stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Vale S.A. analysts is $15.91. Today 200 Day Moving Average is the resistance level (13.49 $). 50 Day Moving Average is the resistance level (12.32 $).




Historical and forecast chart of Vale S.A. stock

The chart below shows the historical price of Vale S.A. stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the VALE stock price can be found in the table below.


Sell or Buy Vale S.A. (VALE) stocks? Analytic Experts Forecasting...

We present you the most up-to-date and complete review of analytical trend forecasts and views on the VALE stock market. Experts share their opinions on what to expect.

VALE Stocks in 2024: A Year of Significant Challenges and Volatility

As we look towards 2024, the future of VALE S.A. stocks becomes a topic of intense speculation and analysis. Given the company’s position in the global commodities market, predicting the trajectory of VALE stocks with absolute accuracy is challenging. Several factors contribute to this uncertainty, key among them being the volatile nature of commodity prices and the sensitivity of VALE’s operations to global economic indicators, especially those related to the Chinese economy.

Influential Factors on VALE Stock Forecast

The company’s performance and the state of the external economy have a significant impact on the VALE stock forecast for 2024. One critical aspect to consider is the production and price of iron ore, a major driver of VALE’s revenue. Recent reports suggest that Vale’s Q4 iron ore production exceeded estimates, potentially bolstering optimism for 2024. Concerns over China’s property market, which has shown significant signs of contraction, temper this optimism. Construction, consuming over 50% of Chinese steel demand, faces a downturn with new home sales and housing starts falling steeply from their 2021 peaks. This slowdown is likely to impact steel demand adversely, thus affecting iron ore prices and, by extension, Vale’s profitability.

Another point of concern is the forecast by the Australian government, projecting iron ore prices to stabilize at $63/ton by 2028, assuming flat demand. With Vale’s breakeven production costs for iron ore estimated to be around $52-54/ton in 2023, reduced iron ore pricing could squeeze profitability margins significantly. Given these economic projections and the inherent unpredictability of the commodities market, is Vale a good stock to buy in 2024? The answer is nuanced and heavily dependent on one’s tolerance for risk and belief in the company’s ability to navigate these tumultuous waters.

In conclusion, the VALE stock forecast for 2024 is fraught with potential challenges. Factors ranging from China’s property market downturn to global iron ore prices will significantly impact the VALE stocks rate, making it a year of caution and close observation for investors.

Vale S.A. (VALE) Forecast for 2024

Month Target Pes. Opt. Vol., %
Jun 11.63 11.33 12.50 9.38 %
Jul 11.03 10.01 11.87 15.62 %
Aug 10.89 9.84 11.53 14.62 %
Sep 11.07 10.06 12.08 16.72 %
Oct 10.07 9.17 10.80 15.11 %
Nov 11.28 10.93 11.65 6.16 %
Dec 12.53 12.09 13.28 8.94 %

Vale S.A. information and performance

Vale S.A. Address

AVENIDA GRACA ARANHA #26, RIO DE JANEIRO, BR

Market Capitalization: 54 131 110 000 $

Market capitalization of the Vale S.A. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of VALE shares in the company outstanding by the market price of one share.

EBITDA: 84 436 001 000 $

EBITDA of Vale S.A. is earnings before interest, income tax and depreciation of assets.

PE Ratio: 6.96

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 10.64

Price/earnings to growth

DPS: 1.75

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.139

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 1.81

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.097
Quarterly Revenue Growth YOY: -0.044
Trailing PE: 6.96

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 4.975

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 1.547

Enterprise Value (EV) /Revenue

EV To EBITDA: 4.284

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 4280330000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Vale S.A. price target for 2024 by month


Target values for the price of one Vale S.A. share for Jun 2024.

The weighted average target price per Vale S.A. share in Jun 2024 is: 11.63.
In Jun, the Positive dynamics for Vale S.A. shares will prevail with possible monthly volatility of 9.382% volatility is expected.
Pessimistic target level: 11.33
Optimistic target level: 12.50

Target values for the price of one Vale S.A. share for Jul 2024.

The weighted average target price per Vale S.A. share in Jul 2024 is: 11.03.
In Jul, the Negative dynamics for Vale S.A. shares will prevail with possible monthly volatility of 15.619% volatility is expected.
Pessimistic target level: 10.01
Optimistic target level: 11.87

Target values for the price of one Vale S.A. share for Aug 2024.

The weighted average target price per Vale S.A. share in Aug 2024 is: 10.89.
In Aug, the Negative dynamics for Vale S.A. shares will prevail with possible monthly volatility of 14.620% volatility is expected.
Pessimistic target level: 9.84
Optimistic target level: 11.53

Target values for the price of one Vale S.A. share for Sep 2024.

The weighted average target price per Vale S.A. share in Sep 2024 is: 11.07.
In Sep, the Positive dynamics for Vale S.A. shares will prevail with possible monthly volatility of 16.716% volatility is expected.
Pessimistic target level: 10.06
Optimistic target level: 12.08

Target values for the price of one Vale S.A. share for Oct 2024.

The weighted average target price per Vale S.A. share in Oct 2024 is: 10.07.
In Oct, the Negative dynamics for Vale S.A. shares will prevail with possible monthly volatility of 15.112% volatility is expected.
Pessimistic target level: 9.17
Optimistic target level: 10.80

Target values for the price of one Vale S.A. share for Nov 2024.

The weighted average target price per Vale S.A. share in Nov 2024 is: 11.28.
In Nov, the Positive dynamics for Vale S.A. shares will prevail with possible monthly volatility of 6.160% volatility is expected.
Pessimistic target level: 10.93
Optimistic target level: 11.65

Target values for the price of one Vale S.A. share for Dec 2024.

The weighted average target price per Vale S.A. share in Dec 2024 is: 12.53.
In Dec, the Positive dynamics for Vale S.A. shares will prevail with possible monthly volatility of 8.943% volatility is expected.
Pessimistic target level: 12.09
Optimistic target level: 13.28



Vale S.A. (VALE) stock dividend

Vale S.A. last paid dividends on 03/12/2024. The next scheduled payment will be on 03/26/2024. The amount of dividends is $1.75 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.


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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.