VTEX (NYSE:VTEX) Raised to Strong-Buy at Wall Street Zen

Key Points

• Wall Street Zen upgraded VTEX to a "strong-buy", while analyst coverage remains mixed—four Buys, two Holds and one Sell—leaving a MarketBeat consensus rating of "Hold" with an average target price of $5.97.
• VTEX reported Q results in line with estimates (EPS $0.05; revenue $67.95M), trades around $4.03 with a market cap of ~$696M and a P/E of 36.6, and analysts expect about $0.08 EPS for the current year.
• Institutional ownership is high (63.69%), with major funds like Millennium, Citadel and Polar Capital substantially increasing stakes in recent quarters, indicating notable institutional inflows.

VTEX (NYSE:VTEX - Get Free Report) was upgraded by Wall Street Zen from a "buy" rating to a "strong-buy" rating in a report released on Sunday.

Several other equities analysts have also weighed in on VTEX. Brean Capital raised shares of VTEX from a "hold" rating to a "buy" rating and set a $5.00 target price for the company in a report on Wednesday, March 11th. UBS Group lowered shares of VTEX from a "buy" rating to a "neutral" rating and cut their target price for the company from $8.00 to $4.00 in a report on Wednesday, January 14th. Finally, Weiss Ratings lowered shares of VTEX from a "hold (c-)" rating to a "sell (d+)" rating in a report on Tuesday. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, VTEX presently has a consensus rating of "Hold" and an average target price of $5.97.

VTEX Stock Up 0.1%

Shares of VTEX stock opened at $4.03 on Friday. The company has a current ratio of 3.04, a quick ratio of 3.04 and a debt-to-equity ratio of 0.01. VTEX has a 12 month low of $2.84 and a 12 month high of $6.82. The company has a 50 day simple moving average of $3.59 and a two-hundred day simple moving average of $3.83. The stock has a market cap of $696.28 million, a P/E ratio of 36.59, a P/E/G ratio of 0.59 and a beta of 1.17.

VTEX (NYSE:VTEX - Get Free Report) last posted its earnings results on Thursday, February 26th. The company reported $0.05 earnings per share for the quarter, meeting the consensus estimate of $0.05. The firm had revenue of $67.95 million during the quarter, compared to analyst estimates of $68.11 million. VTEX had a net margin of 8.32% and a return on equity of 8.24%. On average, research analysts expect that VTEX will post 0.08 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of VTEX. Millennium Management LLC raised its holdings in VTEX by 202.5% in the third quarter. Millennium Management LLC now owns 1,530,983 shares of the company's stock valued at $6,706,000 after acquiring an additional 1,024,911 shares in the last quarter. Jacobs Levy Equity Management Inc. acquired a new stake in VTEX in the third quarter valued at approximately $4,412,000. Citadel Advisors LLC raised its holdings in VTEX by 524.5% in the third quarter. Citadel Advisors LLC now owns 1,012,225 shares of the company's stock valued at $4,434,000 after acquiring an additional 850,132 shares in the last quarter. Polar Capital Holdings Plc raised its holdings in VTEX by 11.9% in the third quarter. Polar Capital Holdings Plc now owns 7,034,043 shares of the company's stock valued at $30,809,000 after acquiring an additional 748,712 shares in the last quarter. Finally, BW Gestao de Investimentos Ltda. raised its holdings in VTEX by 1,301.0% in the second quarter. BW Gestao de Investimentos Ltda. now owns 746,757 shares of the company's stock valued at $4,929,000 after acquiring an additional 693,457 shares in the last quarter. Institutional investors and hedge funds own 63.69% of the company's stock.

VTEX Company Profile

VTEX is a global commerce platform provider that offers a full suite of software-as-a-service (SaaS) solutions designed to power online retail and marketplace operations. Its cloud-native platform combines e-commerce, order management and marketplace capabilities in a single environment, enabling brands and retailers to launch and scale digital commerce initiatives without the need for extensive in-house infrastructure. The company's API-first architecture and microservices design support headless implementations, allowing businesses to integrate front-end experiences, third-party applications and custom modules with minimal development overhead.

Founded in 1999 and headquartered in São Paulo, Brazil, VTEX has expanded its reach to serve customers across Latin America, North America, Europe and Asia-Pacific.

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