Vale(US:VALE) ZACKSยท2024-10-16 23:05Group 1: Stock Performance - VALE S.A. ended the latest trading session at $10.98, reflecting a +1.76% adjustment from the previous day's close, outperforming the S&P 500 which gained 0.47% [1] - Over the past month, VALE's shares have increased by 1.98%, lagging behind the Basic Materials sector's gain of 6.97% and the S&P 500's gain of 3.48% [1] Group 2: Upcoming Earnings - VALE S.A. is set to announce its earnings on October 25, 2024, with a forecasted EPS of $0.56, indicating a 15.15% decrease from the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projected at $10.09 billion, down 4.98% from the year-ago period [2] Group 3: Full-Year Estimates - The full-year Zacks Consensus Estimates for VALE are earnings of $2.06 per share and revenue of $39.34 billion, representing year-over-year changes of +12.57% and -5.85%, respectively [3] - Recent changes to analyst estimates for VALE indicate a shifting business landscape, with positive revisions suggesting analyst optimism regarding the company's profitability [3] Group 4: Valuation Metrics - VALE S.A. currently has a Forward P/E ratio of 5.24, which is consistent with the industry average [6] - The company has a PEG ratio of 0.3, aligning with the industry average PEG ratio of 0.3 as of the previous close [6] Group 5: Industry Context - The Mining - Iron industry, part of the Basic Materials sector, holds a Zacks Industry Rank of 109, placing it in the top 44% of over 250 industries [7] - The Zacks Industry Rank measures the strength of individual industry groups, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [7]