VALE S.A. (NYSE:VALE) Given Price Target Of $5.333


As per VALE S.A. (NYSE:VALE)’s news release on 2015-10-30, its shareholders will get cash dividend of $0.091 per share. The recent press release updated on the record date and payout date, which stands at 2015-10-20 and 2015-11-06, respectively.

The stock will commence trading ex-dividend from 2015-10-16, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year VALE S.A. (NYSE:VALE) disbursed $0.091 in dividend compared to distribution of $0.091, a year ago.

It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of -76.087%.

Analyst Perspective

The sell-side market professionals who track the firm’s financial and technical parameters have estimated VALE S.A. (NYSE:VALE) to attain a price target of $5.333. It is an average estimate figure given by 9 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $7. The low price range is set at $2.8 for next year while the arithmetic mean is seen at 3.

Eyeing Earnings VALE S.A. (NYSE:VALE) is likely to post quarterly numbers around 2016-10-27 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.1 for the period ending on 2016-09-30.

In last quarter ended 2015-12-31, VALE S.A. (NYSE:VALE) earnings came at $0.14 suggesting a deviation of $-0.03. The brokerages targeted EPS of $0.17 for the quarter.

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