VTEX (NYSE:VTEX – Get Free Report) has been given an average rating of “Moderate Buy” by the eight ratings firms that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $5.83.
Several research analysts have recently commented on the company. DA Davidson lifted their price objective on VTEX from $5.00 to $5.50 in a report on Friday, June 23rd. Piper Sandler upped their price target on shares of VTEX from $5.00 to $6.00 and gave the company an “overweight” rating in a report on Wednesday, August 9th. UBS Group raised shares of VTEX from a “neutral” rating to a “buy” rating and raised their price target for the stock from $4.70 to $7.50 in a report on Tuesday, August 22nd. Credit Suisse Group downgraded shares of VTEX from an “outperform” rating to a “neutral” rating and lowered their price objective for the company from $6.50 to $5.00 in a research note on Monday, June 12th. Finally, Itau BBA Securities upgraded VTEX from a “market perform” rating to an “outperform” rating and set a $6.00 price target on the stock in a report on Wednesday, May 10th.
Institutional Investors Weigh In On VTEX
VTEX Stock Up 0.3 %
Shares of NYSE VTEX opened at $6.05 on Tuesday. The stock has a market capitalization of $1.14 billion, a P/E ratio of -43.21 and a beta of 1.21. VTEX has a one year low of $3.12 and a one year high of $6.68. The firm’s 50 day simple moving average is $5.26 and its two-hundred day simple moving average is $4.36. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.12 and a quick ratio of 4.12.
VTEX (NYSE:VTEX – Get Free Report) last released its earnings results on Tuesday, August 8th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.01). The business had revenue of $47.89 million for the quarter, compared to the consensus estimate of $45.46 million. VTEX had a negative net margin of 14.78% and a negative return on equity of 9.56%. As a group, analysts expect that VTEX will post -0.09 EPS for the current fiscal year.
VTEX Company Profile
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.
- Five stocks we like better than VTEX
- ESG Stocks, What Investors Should Know
- MarketBeat Week in Review – 8/28 – 9/1
- 3 Grocery Stocks That Are Proving They Are Still Essential
- 2 Stocks That Doubled EPS Estimates and Flashing Buy Signals
- How is Compound Interest Calculated?
- Toyota vs Tesla: The Tortoise And The Hare Race Has A New Meaning
Receive News & Ratings for VTEX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VTEX and related companies with MarketBeat.com's FREE daily email newsletter.