VTEX (NYSE:VTEX) Receives $5.97 Consensus Target Price from Analysts

VTEX (NYSE:VTEX) has earned a consensus recommendation of “Moderate Buy” from the seven research firms that are covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $5.9667.

Several research firms have recently weighed in on VTEX. Weiss Ratings raised VTEX from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, March 19th. Wall Street Zen raised shares of VTEX from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 14th. Brean Capital upgraded shares of VTEX from a “hold” rating to a “buy” rating and set a $5.00 target price for the company in a research note on Wednesday, March 11th. Finally, UBS Group downgraded shares of VTEX from a “buy” rating to a “neutral” rating and reduced their price target for the company from $8.00 to $4.00 in a report on Wednesday, January 14th.

VTEX Trading Up 0.1%

Shares of NYSE:VTEX opened at $3.84 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.04 and a current ratio of 3.04. The stock’s 50-day moving average is $3.44 and its 200-day moving average is $3.85. The company has a market cap of $663.42 million, a P/E ratio of 34.87, a P/E/G ratio of 0.56 and a beta of 1.31. VTEX has a 52-week low of $2.84 and a 52-week high of $6.82.

VTEX (NYSE:VTEX) last posted its quarterly earnings data on Thursday, February 26th. The company reported $0.05 earnings per share for the quarter, hitting the consensus estimate of $0.05. The business had revenue of $67.95 million during the quarter, compared to analysts’ expectations of $68.11 million. VTEX had a return on equity of 8.24% and a net margin of 8.32%. Equities research analysts predict that VTEX will post 0.08 earnings per share for the current year.

Institutional Investors Weigh In On VTEX

Several hedge funds have recently made changes to their positions in VTEX. Ameritas Investment Partners Inc. acquired a new stake in VTEX during the second quarter worth about $39,000. ProShare Advisors LLC acquired a new position in VTEX in the 4th quarter valued at approximately $39,000. Aquatic Capital Management LLC acquired a new position in VTEX in the 3rd quarter valued at approximately $41,000. Ieq Capital LLC bought a new stake in shares of VTEX in the 4th quarter worth approximately $41,000. Finally, nVerses Capital LLC bought a new stake in shares of VTEX in the 4th quarter worth approximately $49,000. Institutional investors own 63.69% of the company’s stock.

VTEX Company Profile

VTEX is a global commerce platform provider that offers a full suite of software-as-a-service (SaaS) solutions designed to power online retail and marketplace operations. Its cloud-native platform combines e-commerce, order management and marketplace capabilities in a single environment, enabling brands and retailers to launch and scale digital commerce initiatives without the need for extensive in-house infrastructure. The company’s API-first architecture and microservices design support headless implementations, allowing businesses to integrate front-end experiences, third-party applications and custom modules with minimal development overhead.

Founded in 1999 and headquartered in São Paulo, Brazil, VTEX has expanded its reach to serve customers across Latin America, North America, Europe and Asia-Pacific.