VTEX (NYSE:VTEX - Get Free Report) is scheduled to be releasing its earnings data after the market closes on Tuesday, May 7th. Analysts expect VTEX to post earnings of ($0.02) per share for the quarter. VTEX has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Parties that wish to register for the company's conference call can do so using this link.
VTEX (NYSE:VTEX - Get Free Report) last released its quarterly earnings results on Tuesday, February 27th. The company reported $0.02 EPS for the quarter. VTEX had a negative net margin of 6.48% and a negative return on equity of 5.16%. The firm had revenue of $60.70 million during the quarter, compared to the consensus estimate of $57.07 million. The business's revenue for the quarter was up 33.4% on a year-over-year basis. On average, analysts expect VTEX to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
VTEX Stock Performance
VTEX stock traded up $0.01 on Tuesday, hitting $7.42. The company's stock had a trading volume of 420,120 shares, compared to its average volume of 465,641. The stock has a market cap of $1.37 billion, a price-to-earnings ratio of -105.98 and a beta of 1.41. The company has a current ratio of 3.45, a quick ratio of 3.45 and a debt-to-equity ratio of 0.01. VTEX has a 1 year low of $3.43 and a 1 year high of $9.59. The firm has a 50 day moving average of $8.14 and a two-hundred day moving average of $7.31.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on the stock. Piper Sandler raised their price target on shares of VTEX from $9.00 to $10.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 28th. Bank of America raised their price target on shares of VTEX from $8.50 to $12.00 and gave the stock a "buy" rating in a research note on Monday, January 22nd. Morgan Stanley raised shares of VTEX from an "equal weight" rating to an "overweight" rating and raised their target price for the stock from $5.50 to $8.00 in a research report on Friday, January 5th. JPMorgan Chase & Co. raised their target price on shares of VTEX from $6.50 to $9.00 and gave the stock a "neutral" rating in a research report on Friday, March 1st. Finally, UBS Group raised their target price on shares of VTEX from $8.50 to $12.00 and gave the stock a "buy" rating in a research report on Monday, March 25th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, VTEX currently has an average rating of "Moderate Buy" and an average target price of $8.44.
Get Our Latest Stock Analysis on VTEX
About VTEX
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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.
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