VTEX (NYSE:VTEX) Stock Has Consensus Target Price of $4.69 According to Analysts

Key Points

• Analyst consensus is “Hold” for VTEX, with six hold ratings and three buy ratings. The average 12-month price target is $4.69, compared with the stock’s reported price of $4.01.
• VTEX reported quarterly EPS of $0.06, beating the $0.05 consensus estimate, while revenue of $64.39 million came in slightly below expectations of $64.69 million. Analysts expect full-year EPS of $0.21.
• Insiders sold shares totaling 68,458 shares worth $275,723 over the last quarter, while institutional investors own 63.69% of the company.

VTEX (NYSE:VTEX - Get Free Report) has been assigned a consensus recommendation of "Hold" from the nine research firms that are covering the company, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $4.69.

VTEX has been the topic of several research analyst reports. Bradesco Corretora cut shares of VTEX to a "neutral" rating and set a $4.50 price target on the stock. in a report on Friday, August 7th. Itau BBA Securities reiterated a "market perform" rating and set a $4.50 price objective on shares of VTEX in a report on Tuesday, August 25th. Weiss Ratings cut VTEX from a "hold (c)" rating to a "hold (c-)" rating in a research report on Friday, July 31st. Morgan Stanley set a $4.00 target price on VTEX and gave the company an "equal weight" rating in a research note on Friday, August 28th. Finally, Wall Street Zen lowered VTEX from a "strong-buy" rating to a "buy" rating in a research report on Sunday.

Insider Activity

In related news, Director Alejandro Scannapieco sold 11,994 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $3.67, for a total value of $44,017.98. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider André Spolidoro sold 15,000 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $4.04, for a total value of $60,600.00. Following the completion of the transaction, the insider owned 301,431 shares in the company, valued at $1,217,781.24. This represents a 4.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 68,458 shares of company stock valued at $275,723. 40.93% of the stock is owned by corporate insiders.

Institutional Trading of VTEX

Several large investors have recently added to or reduced their stakes in VTEX. Corient Private Wealth LP acquired a new position in shares of VTEX during the 2nd quarter worth $58,000. AXQ Capital LP acquired a new position in shares of VTEX during the 2nd quarter valued at about $47,000. Public Employees Retirement System of Ohio bought a new position in shares of VTEX in the 2nd quarter valued at approximately $67,000. Globeflex Capital L P bought a new position in shares of VTEX in the 2nd quarter valued at approximately $1,144,000. Finally, Bank of America Corp DE raised its stake in shares of VTEX by 56.0% in the 1st quarter. Bank of America Corp DE now owns 683,062 shares of the company's stock valued at $2,732,000 after acquiring an additional 245,306 shares in the last quarter. 63.69% of the stock is owned by institutional investors.

VTEX Stock Performance

VTEX stock opened at $4.01 on Tuesday. The firm has a 50 day simple moving average of $3.73 and a 200 day simple moving average of $3.84. VTEX has a 52 week low of $2.84 and a 52 week high of $4.62. The stock has a market cap of $684.52 million, a P/E ratio of 25.10, a P/E/G ratio of 0.50 and a beta of 0.94. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.91 and a current ratio of 2.91.

VTEX (NYSE:VTEX - Get Free Report) last released its quarterly earnings data on Friday, August 7th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.01. The firm had revenue of $64.39 million for the quarter, compared to analyst estimates of $64.69 million. VTEX had a net margin of 11.98% and a return on equity of 12.98%. Research analysts anticipate that VTEX will post 0.21 earnings per share for the current fiscal year.

VTEX Company Profile

VTEX is a global digital commerce technology company that provides a cloud-based platform for retailers and consumer brands. Its software is designed to support online stores, marketplaces and unified commerce operations, helping businesses manage digital sales across multiple channels and customer touchpoints.

The VTEX platform includes capabilities for catalog and content management, pricing and promotions, checkout, payments, order management, customer experience and marketplace operations.

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