Vimeo (NASDAQ:VMEO) Lowered to “Hold” Rating by Wall Street Zen

Vimeo (NASDAQ:VMEO) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Saturday.

A number of other analysts also recently issued reports on the company. Piper Sandler downgraded Vimeo from an “overweight” rating to a “hold” rating and set a $7.85 price objective for the company. in a research report on Wednesday. Truist Financial reissued a “hold” rating and set a $7.85 price objective (down from $8.00) on shares of Vimeo in a research report on Friday. Four investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $7.03.

Vimeo Stock Performance

Shares of NASDAQ:VMEO opened at $7.72 on Friday. The business has a 50-day moving average price of $4.29 and a 200 day moving average price of $4.64. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of 96.51 and a beta of 2.01. Vimeo has a 12-month low of $3.64 and a 12-month high of $7.90.

Vimeo (NASDAQ:VMEO) last issued its quarterly earnings data on Monday, August 4th. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.05. The firm had revenue of $104.65 million during the quarter, compared to the consensus estimate of $107.36 million. Vimeo had a return on equity of 3.31% and a net margin of 3.17%.The company’s quarterly revenue was up .3% on a year-over-year basis. During the same period last year, the company earned $0.06 EPS. Vimeo has set its Q3 2025 guidance at EPS. As a group, equities research analysts predict that Vimeo will post 0.16 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Vimeo

Several institutional investors and hedge funds have recently modified their holdings of VMEO. Northern Trust Corp raised its holdings in shares of Vimeo by 3.9% in the 4th quarter. Northern Trust Corp now owns 1,445,576 shares of the company’s stock valued at $9,252,000 after buying an additional 54,554 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of Vimeo by 29.3% in the 4th quarter. Ameriprise Financial Inc. now owns 416,214 shares of the company’s stock valued at $2,664,000 after buying an additional 94,236 shares during the period. BNP Paribas Financial Markets purchased a new stake in Vimeo during the 4th quarter worth about $302,000. Bank of America Corp DE increased its holdings in Vimeo by 89.4% during the 4th quarter. Bank of America Corp DE now owns 650,692 shares of the company’s stock worth $4,164,000 after purchasing an additional 307,172 shares during the period. Finally, Cetera Investment Advisers purchased a new stake in Vimeo during the 4th quarter worth about $214,000. Hedge funds and other institutional investors own 84.97% of the company’s stock.

Vimeo Company Profile

Vimeo, Inc, together with its subsidiaries, provides video software solutions worldwide. It provides the video tools through a software-as-a-service model, which enables its users to create, collaborate, and communicate with video on a single platform. The company also offers over-the-top OTT streaming and monetization services; AI-driven video creation and editing tools; and interactive and shoppable video tools.