| Should You Buy Vale (VALE) Ahead of Earnings? - Tale of the Tape | |
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Investors are always looking for stocks that are poised to beat at earnings season and Vale S.A. ( VALE) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because VALE is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings—with the most up-to-date information possible—is a pretty good indicator of some favorable trends underneath the surface for VALE in this report. In fact, the Most Accurate Estimate for the current quarter is currently at 5 cents per share for VALE, compared to a broader Zacks Consensus Estimate of 4 cents per share. This suggests that analysts have very recently bumped up their estimates for VALE, giving the stock a Zacks Earnings ESP of 25.00% heading into earnings season. Why is this Important? A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10 year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here). Given that VALE has a Zacks Rank #3 (Hold) and an ESP in positive territory, investors might want to consider this stock ahead of earnings. Clearly, recent earnings estimate revisions suggest that good things are ahead for Vale, and that a beat might be in the cards for the upcoming report. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report VALE SA (VALE): Free Stock Analysis Report To read this article on Zacks.com click here.
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Vale
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EXPLORATEUR |
CODE : VALE3.SA |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Vale est une société de production minière basée au Bresil. Son principal projet en exploration est GALIURO en USA. Vale est cotée au Bresil et en France. Sa capitalisation boursière aujourd'hui est 325,8 milliards BRL (150,8 milliards US$, 137,9 milliards €). La valeur de son action a atteint son plus bas niveau récent le 19 février 2016 à 10,51 BRL, et son plus haut niveau récent le 27 août 2021 à 99,80 BRL. Vale possède 5 244 319 744 actions en circulation. |