VTEX (NYSE:VTEX) Sets New 52-Week Low - Should You Sell?

Key Points

• VTEX (NYSE:VTEX) reached a new 52-week low at $4.06, with a traded volume of 186,508 shares, down from a previous close of $4.20.
• Equities analysts have mixed views on VTEX, with ratings ranging from "buy" to "hold" and target prices varying from $6.00 to $10.00, leading to an average rating of "Hold".
• Despite meeting earnings expectations with an EPS of $0.02, VTEX reported revenue of $58.80 million, which fell short of analyst estimates of $60.35 million.

Shares of VTEX (NYSE:VTEX - Get Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as $4.06 and last traded at $4.06, with a volume of 186508 shares traded. The stock had previously closed at $4.20.

Wall Street Analyst Weigh In

A number of analysts recently commented on VTEX shares. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $6.00 target price (down from $7.50) on shares of VTEX in a research note on Friday, August 8th. UBS Group lowered their target price on shares of VTEX from $11.00 to $10.00 and set a "buy" rating for the company in a research note on Friday, June 13th. Wall Street Zen upgraded shares of VTEX from a "hold" rating to a "buy" rating in a research note on Saturday. Citigroup started coverage on shares of VTEX in a research note on Monday, June 23rd. They issued a "buy" rating and a $10.00 target price for the company. Finally, Jefferies Financial Group started coverage on shares of VTEX in a research note on Thursday, May 22nd. They issued a "hold" rating and a $7.30 target price for the company. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $8.33.

VTEX Stock Down 0.9%

The firm has a market cap of $733.94 million, a price-to-earnings ratio of 50.07 and a beta of 1.34. The business's 50 day moving average price is $6.04 and its 200 day moving average price is $5.73. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.31 and a current ratio of 3.31.

VTEX (NYSE:VTEX - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.02 EPS for the quarter, hitting analysts' consensus estimates of $0.02. The business had revenue of $58.80 million for the quarter, compared to analysts' expectations of $60.35 million. VTEX had a net margin of 5.80% and a return on equity of 5.27%. VTEX has set its FY 2025 guidance at EPS. On average, equities analysts forecast that VTEX will post 0.08 EPS for the current year.

Hedge Funds Weigh In On VTEX

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets purchased a new position in VTEX during the fourth quarter valued at $248,000. Softbank Group CORP. lifted its holdings in VTEX by 93.4% during the fourth quarter. Softbank Group CORP. now owns 38,434,587 shares of the company's stock valued at $226,380,000 after purchasing an additional 18,559,399 shares in the last quarter. TimesSquare Capital Management LLC purchased a new position in VTEX during the first quarter valued at $661,000. AMS Capital Ltda lifted its holdings in VTEX by 51.5% during the first quarter. AMS Capital Ltda now owns 1,699,053 shares of the company's stock valued at $8,614,000 after purchasing an additional 577,580 shares in the last quarter. Finally, New York State Common Retirement Fund lifted its holdings in VTEX by 41.5% during the first quarter. New York State Common Retirement Fund now owns 147,410 shares of the company's stock valued at $747,000 after purchasing an additional 43,259 shares in the last quarter. 63.69% of the stock is owned by hedge funds and other institutional investors.

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.