VALE stock closes at $12.05, down -0.5% as S&P 500 gains 0.8%

From Yahoo Finance: 2024-05-31 18:00:08

VALE S.A. (VALE) closed trading at $12.05, down -0.5% from the previous session, while the S&P 500 gained 0.8%. The stock is -3.27% for the month, underperforming the sector by 3.46% and the S&P by 4.14%. Analysts predict an EPS of $0.52 and revenue of $10.29 billion, up 160% and 6.36% YoY. Zacks estimates annual earnings of $2.18 and revenue of $42.21 billion, up 19.13% and 1.02% YoY. With a Zacks Rank of #5 (Strong Sell) and Forward P/E of 5.57, investors should note the company’s performance in the Mining – Iron industry.



Read more at Yahoo Finance: VALE S.A. (VALE) Stock Sinks As Market Gains: Here’s Why