Scotiabank Has Pessimistic Outlook of Vale FY2026 Earnings

Vale S.A. (NYSE:VALE) – Scotiabank cut their FY2026 earnings per share (EPS) estimates for Vale in a report issued on Friday, May 29th. Scotiabank analyst A. Salazar now expects that the basic materials company will post earnings per share of $2.45 for the year, down from their prior estimate of $2.57. Scotiabank has a “Sector Perform” rating and a $18.00 price target on the stock. The consensus estimate for Vale’s current full-year earnings is $2.09 per share. Scotiabank also issued estimates for Vale’s FY2027 earnings at $2.26 EPS.

Vale (NYSE:VALE) last posted its earnings results on Tuesday, April 28th. The basic materials company reported $0.44 earnings per share (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 analyst estimates of $9.53 billion. Vale had a return on equity of 21.10% and a net margin of 7.21%.

VALE has been the subject of several other research reports. Wall Street Zen cut Vale from a “buy” rating to a “hold” rating in a research note on Saturday. UBS Group raised their target price on Vale from $12.00 to $16.00 and gave the stock a “neutral” rating in a research note on Friday, March 27th. Barclays raised their target price on Vale from $15.50 to $16.50 and gave the stock an “overweight” rating in a research note on Monday, March 2nd. JPMorgan Chase & Co. raised their target price on Vale from $18.50 to $19.50 and gave the stock an “overweight” rating in a research note on Friday, May 22nd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Vale in a research note on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, Vale presently has a consensus rating of “Moderate Buy” and an average price target of $16.65.

Vale Price Performance

VALE stock opened at $16.28 on Monday. The business has a fifty day moving average of $16.40 and a two-hundred day moving average of $15.16. The company has a quick ratio of 0.79, a current ratio of 1.24 and a debt-to-equity ratio of 0.48. The stock has a market cap of $73.87 billion, a price-to-earnings ratio of 24.29 and a beta of 0.46. Vale has a 52-week low of $8.97 and a 52-week high of $17.94.

Insiders Place Their Bets

In related news, insider Parenti Grazielle Tallia bought 10,464 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was purchased at an average cost of $16.11 per share, for a total transaction of $168,575.04. Following the completion of the acquisition, the insider owned 10,464 shares in the company, valued at approximately $168,575.04. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Sobrinho Sami Arap bought 12,990 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was bought at an average price of $16.11 per share, with a total value of $209,268.90. Following the completion of the acquisition, the vice president owned 12,990 shares of the company’s stock, valued at $209,268.90. This trade represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of VALE. Arrowstreet Capital Limited Partnership boosted its holdings in Vale by 2,239.6% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 41,596,000 shares of the basic materials company’s stock valued at $541,996,000 after purchasing an additional 39,818,066 shares during the period. Capital World Investors boosted its holdings in Vale by 58.2% in the fourth quarter. Capital World Investors now owns 89,322,261 shares of the basic materials company’s stock valued at $1,163,896,000 after purchasing an additional 32,864,929 shares during the period. GQG Partners LLC boosted its holdings in Vale by 42.4% in the fourth quarter. GQG Partners LLC now owns 65,132,572 shares of the basic materials company’s stock valued at $848,677,000 after purchasing an additional 19,397,396 shares during the period. Assenagon Asset Management S.A. boosted its holdings in Vale by 15,202.2% in the first quarter. Assenagon Asset Management S.A. now owns 15,663,641 shares of the basic materials company’s stock valued at $249,209,000 after purchasing an additional 15,561,279 shares during the period. Finally, Bank of America Corp DE boosted its holdings in Vale by 119.9% in the first quarter. Bank of America Corp DE now owns 21,837,416 shares of the basic materials company’s stock valued at $347,433,000 after purchasing an additional 11,905,247 shares during the period. 21.85% of the stock is currently owned by hedge funds and other institutional investors.

Vale Company Profile

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.