Shares of VTEX (NYSE:VTEX – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $8.44.
A number of equities analysts have recently commented on VTEX shares. JPMorgan Chase & Co. increased their price target on shares of VTEX from $6.50 to $9.00 and gave the stock a “neutral” rating in a report on Friday, March 1st. Morgan Stanley raised shares of VTEX from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $5.50 to $8.00 in a research note on Friday, January 5th. Bank of America upped their price objective on shares of VTEX from $8.50 to $12.00 and gave the company a “buy” rating in a research note on Monday, January 22nd. Piper Sandler upped their price objective on shares of VTEX from $9.00 to $10.00 and gave the company an “overweight” rating in a research note on Wednesday, February 28th. Finally, UBS Group upped their price objective on shares of VTEX from $8.50 to $12.00 and gave the company a “buy” rating in a research note on Monday, March 25th.
View Our Latest Stock Report on VTEX
Institutional Investors Weigh In On VTEX
VTEX Price Performance
Shares of NYSE:VTEX opened at $7.30 on Wednesday. The company’s fifty day moving average price is $8.12 and its 200-day moving average price is $7.22. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of -104.27 and a beta of 1.41. VTEX has a one year low of $3.24 and a one year high of $9.59. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.45 and a quick ratio of 3.45.
VTEX (NYSE:VTEX – Get Free Report) last issued its quarterly earnings results on Tuesday, February 27th. The company reported $0.02 EPS for the quarter. The firm had revenue of $60.70 million for the quarter, compared to analyst estimates of $57.07 million. VTEX had a negative net margin of 6.48% and a negative return on equity of 5.16%. The company’s revenue was up 33.4% compared to the same quarter last year. On average, equities research analysts anticipate that VTEX will post -0.03 earnings per share for the current fiscal year.
About VTEX
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.
Featured Stories
- Five stocks we like better than VTEX
- The Role Economic Reports Play in a Successful Investment Strategy
- Charles Schwab Fortifies its Uptrend on EPS Beat
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- Lockheed Martin Stock Aims for a Fresh All-Time High
- 5 Top Rated Dividend Stocks to Consider
- Beyond the Halving: The Future of Bitcoin Mining Stocks
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.