Vimeo (NASDAQ:VMEO - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Saturday.
A number of other brokerages have also recently weighed in on VMEO. Truist Financial reiterated a "hold" rating and set a $7.85 price target (down from $8.00) on shares of Vimeo in a research report on Friday, September 12th. Piper Sandler cut shares of Vimeo from an "overweight" rating to a "hold" rating and set a $7.85 price objective for the company. in a report on Wednesday, September 10th. Four investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $7.03.
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Vimeo Stock Down 0.1%
Shares of VMEO traded down $0.01 during trading on Friday, reaching $7.73. 2,837,608 shares of the company traded hands, compared to its average volume of 6,486,356. Vimeo has a twelve month low of $3.64 and a twelve month high of $7.90. The stock has a market cap of $1.28 billion, a PE ratio of 96.64 and a beta of 2.01. The stock has a 50-day simple moving average of $4.59 and a 200-day simple moving average of $4.69.
Vimeo (NASDAQ:VMEO - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The company reported $0.04 earnings per share for the quarter, beating analysts' consensus estimates of ($0.01) by $0.05. Vimeo had a net margin of 3.17% and a return on equity of 3.31%. The business had revenue of $104.65 million during the quarter, compared to analysts' expectations of $107.36 million. During the same period last year, the business earned $0.06 earnings per share. The business's revenue for the quarter was up .3% on a year-over-year basis. Vimeo has set its Q3 2025 guidance at EPS. On average, equities research analysts predict that Vimeo will post 0.16 EPS for the current year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Headlands Technologies LLC grew its holdings in Vimeo by 125.0% during the 2nd quarter. Headlands Technologies LLC now owns 112,387 shares of the company's stock worth $454,000 after acquiring an additional 62,439 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in Vimeo by 127.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 15,509 shares of the company's stock worth $63,000 after acquiring an additional 8,694 shares in the last quarter. Corient Private Wealth LLC grew its holdings in Vimeo by 49.3% during the 2nd quarter. Corient Private Wealth LLC now owns 34,112 shares of the company's stock worth $138,000 after acquiring an additional 11,261 shares in the last quarter. Lazard Asset Management LLC grew its holdings in Vimeo by 31.5% during the 2nd quarter. Lazard Asset Management LLC now owns 59,665 shares of the company's stock worth $240,000 after acquiring an additional 14,280 shares in the last quarter. Finally, Harvey Partners LLC grew its holdings in Vimeo by 0.4% during the 2nd quarter. Harvey Partners LLC now owns 1,962,772 shares of the company's stock worth $7,930,000 after acquiring an additional 8,772 shares in the last quarter. Institutional investors and hedge funds own 84.97% of the company's stock.
Vimeo Company Profile
(
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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.
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