VTEX (NYSE:VTEX) Given "Hold (C-)" Rating at Weiss Ratings

Key Points

• VTEX's stock has been given a "hold (C-)" rating by Weiss Ratings, while different analysts have varied ratings, with some issuing "buy" ratings and target prices ranging from $6.00 to $10.00.
• The company's stock price is currently at $4.32, with a market capitalization of $788.78 million and a reported quarterly earnings of $0.02 EPS, matching consensus estimates.
• Institutional investors have shown increased interest in VTEX, with firms like Envestnet Asset Management and Public Employees Retirement System of Ohio boosting their holdings in the second quarter.

VTEX (NYSE:VTEX - Get Free Report)'s stock had its "hold (c-)" rating restated by analysts at Weiss Ratings in a research note issued to investors on Tuesday,Weiss Ratings reports.

Several other analysts have also recently commented on VTEX. JPMorgan Chase & Co. reissued a "neutral" rating and issued a $6.00 price target (down from $7.50) on shares of VTEX in a report on Friday, August 8th. Wall Street Zen raised VTEX from a "hold" rating to a "buy" rating in a research note on Saturday, August 16th. Citigroup began coverage on VTEX in a research note on Monday, June 23rd. They issued a "buy" rating and a $10.00 price objective for the company. UBS Group dropped their price objective on VTEX from $10.00 to $8.00 and set a "buy" rating for the company in a research note on Friday, August 22nd. Finally, Jefferies Financial Group raised VTEX from a "hold" rating to a "buy" rating and dropped their price objective for the company from $7.30 to $6.50 in a research note on Wednesday, September 17th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $7.63.

VTEX Price Performance

Shares of VTEX traded up $0.10 during mid-day trading on Tuesday, hitting $4.32. The company's stock had a trading volume of 614,169 shares, compared to its average volume of 1,011,747. The company has a current ratio of 3.31, a quick ratio of 3.31 and a debt-to-equity ratio of 0.01. The firm has a 50-day simple moving average of $4.34 and a 200 day simple moving average of $5.39. The firm has a market capitalization of $788.78 million, a P/E ratio of 53.97 and a beta of 1.33. VTEX has a 1-year low of $3.91 and a 1-year high of $7.07.

VTEX (NYSE:VTEX - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.02 EPS for the quarter, meeting the consensus estimate of $0.02. The business had revenue of $58.80 million during the quarter, compared to analysts' expectations of $60.35 million. VTEX had a return on equity of 5.27% and a net margin of 5.80%. VTEX has set its FY 2025 guidance at EPS. Analysts predict that VTEX will post 0.08 EPS for the current fiscal year.

Institutional Investors Weigh In On VTEX

Several hedge funds have recently made changes to their positions in the business. Envestnet Asset Management Inc. boosted its holdings in shares of VTEX by 6.4% during the second quarter. Envestnet Asset Management Inc. now owns 36,156 shares of the company's stock worth $239,000 after purchasing an additional 2,169 shares during the last quarter. Public Employees Retirement System of Ohio boosted its holdings in VTEX by 6.4% in the second quarter. Public Employees Retirement System of Ohio now owns 89,279 shares of the company's stock valued at $589,000 after acquiring an additional 5,376 shares during the last quarter. Ameritas Investment Partners Inc. acquired a new position in VTEX in the second quarter valued at $39,000. State of Wyoming acquired a new position in VTEX in the second quarter valued at $59,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in VTEX by 37.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,822 shares of the company's stock valued at $187,000 after acquiring an additional 10,110 shares during the last quarter. Institutional investors and hedge funds own 63.69% of the company's stock.

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.

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