News headlines about Vale SA (NYSE:VALE) have trended somewhat negative this week, according to Alpha One Sentiment. The research firm, a subsidiary of Accern, identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Vale SA earned a news impact score of -0.13 on Alpha One’s scale. Alpha One also assigned media headlines about the basic materials company an impact score of 50 out of 100, meaning that recent media coverage is somewhat likely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Alpha One Sentiment’s scoring:
- Brazil’s Vale Gets Vetr Upgrade Despite Political Unrest (finance.yahoo.com)
- Steinmetz Said to Skip $1.2 Billion Vale Hearing, Risks Loss (bloomberg.com)
- Vale SA $VALE – Analysts’ Weekly Ratings Updates https://t.co/6dBiR9iizh (4-traders.com)
- Vale SA (VALE) Presents At BofAML 2017 Global Metals, Mining and Steel Conference (seekingalpha.com)
- Steinmetz Said to Skip $1.2 Billion Vale Hearing, Risking Loss (finance.yahoo.com)
A number of analysts recently weighed in on the company. Zacks Investment Research downgraded Vale SA from a “buy” rating to a “hold” rating in a research note on Friday, February 3rd. Vetr downgraded Vale SA from a “strong-buy” rating to a “buy” rating and set a $12.23 price target on the stock. in a research note on Monday, February 20th. BMO Capital Markets restated a “hold” rating and issued a $10.00 price target on shares of Vale SA in a research note on Monday, May 1st. Credit Suisse Group AG set a $9.00 price target on Vale SA and gave the company a “hold” rating in a research note on Thursday, March 16th. Finally, Royal Bank of Canada restated a “hold” rating and issued a $11.00 price target on shares of Vale SA in a research note on Wednesday, April 19th. Nine investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $9.28.
Vale SA (NYSE:VALE) last released its quarterly earnings data on Thursday, April 27th. The basic materials company reported $0.41 EPS for the quarter, missing the Zacks’ consensus estimate of $0.48 by $0.07. Vale SA had a negative net margin of 19.99% and a positive return on equity of 2.90%. The firm had revenue of $8.52 billion during the quarter.
The company also recently disclosed a semiannual dividend, which was paid on Friday, May 5th. Investors of record on Wednesday, April 26th were given a $0.2881 dividend. The ex-dividend date of this dividend was Monday, April 24th. This represents a dividend yield of 5.8%. This is a boost from Vale SA’s previous semiannual dividend of $0.19. Vale SA’s dividend payout ratio is currently -4.00%.
Vale SA 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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