-$0.08 EPS Expected for VTEX (NYSE:VTEX) This Quarter

Equities analysts expect VTEX (NYSE:VTEXGet Rating) to report ($0.08) earnings per share for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for VTEX’s earnings. The business is expected to announce its next earnings results on Monday, January 1st.

According to Zacks, analysts expect that VTEX will report full year earnings of ($0.25) per share for the current fiscal year. For the next financial year, analysts forecast that the business will post earnings of ($0.13) per share. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that cover VTEX.

VTEX (NYSE:VTEXGet Rating) last issued its quarterly earnings data on Thursday, February 24th. The company reported ($0.06) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.10) by $0.04. VTEX had a negative net margin of 48.11% and a negative return on equity of 30.91%. The business had revenue of $37.12 million during the quarter, compared to analyst estimates of $36.32 million.

A number of research firms have weighed in on VTEX. Piper Sandler assumed coverage on VTEX in a report on Tuesday, January 18th. They set an “overweight” rating and a $13.00 target price on the stock. Credit Suisse Group began coverage on VTEX in a research note on Saturday, February 12th. They issued a “neutral” rating and a $10.00 price target on the stock. Zacks Investment Research raised VTEX from a “hold” rating to a “buy” rating and set a $9.00 price objective for the company in a research report on Saturday, February 19th. KeyCorp reduced their target price on shares of VTEX from $25.00 to $10.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 25th. Finally, The Goldman Sachs Group raised shares of VTEX from a “neutral” rating to a “buy” rating and lowered their price target for the company from $26.00 to $16.00 in a research report on Tuesday, January 18th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $21.29.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Morgan Stanley bought a new stake in shares of VTEX during the third quarter valued at approximately $29,000. UBS Group AG bought a new stake in VTEX in the 3rd quarter worth approximately $32,000. US Bancorp DE bought a new stake in VTEX in the 3rd quarter worth approximately $39,000. Susquehanna International Group LLP bought a new stake in VTEX in the 4th quarter worth approximately $145,000. Finally, Caas Capital Management LP bought a new stake in VTEX in the 3rd quarter worth approximately $206,000. 41.24% of the stock is owned by institutional investors.

Shares of NYSE VTEX traded down $0.19 during midday trading on Monday, hitting $6.02. 293,088 shares of the company traded hands, compared to its average volume of 889,817. The company has a debt-to-equity ratio of 0.02, a current ratio of 5.94 and a quick ratio of 5.94. VTEX has a 12-month low of $5.70 and a 12-month high of $33.36. The stock has a 50-day moving average price of $7.02 and a 200 day moving average price of $11.27.

About VTEX (Get Rating)

VTEX provides software-as-a-service digital commerce platform for enterprise brands and retailers. Its platform enables customers to execute their commerce strategy, including building online stores, integrating, and managing orders across channels, and creating marketplaces to sell products from third-party vendors.

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