VTEX (NYSE:VTEX) Sets New 1-Year Low - Should You Sell?

Key Points

• VTEX's share price hit a new 52-week low, trading as low as $3.93 before closing at $4.08.
• Analysts have mixed ratings on VTEX, with a consensus price target of $8.33, indicating a potential upside from its current trading price.
• The company reported earnings of $0.02 per share for the last quarter, meeting expectations but underperforming on revenue compared to consensus estimates.

VTEX (NYSE:VTEX - Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $3.93 and last traded at $4.08, with a volume of 1195563 shares trading hands. The stock had previously closed at $4.05.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on VTEX. UBS Group reduced their target price on shares of VTEX from $10.00 to $8.00 and set a "buy" rating on the stock in a research note on Friday. JPMorgan Chase & Co. reissued a "neutral" rating and set a $6.00 price objective (down previously from $7.50) on shares of VTEX in a research note on Friday, August 8th. Jefferies Financial Group started coverage on shares of VTEX in a research note on Thursday, May 22nd. They set a "hold" rating and a $7.30 price objective on the stock. Wall Street Zen raised shares of VTEX from a "hold" rating to a "buy" rating in a research note on Saturday, August 16th. Finally, Citigroup started coverage on shares of VTEX in a research note on Monday, June 23rd. They issued a "buy" rating and a $10.00 price target on the stock. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, VTEX presently has an average rating of "Moderate Buy" and an average price target of $7.83.

VTEX Stock Down 1.8%

The company has a quick ratio of 3.31, a current ratio of 3.31 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $752.22 million, a price-to-earnings ratio of 51.57 and a beta of 1.34. The stock's fifty day moving average price is $5.83 and its 200-day moving average price is $5.66.

VTEX (NYSE:VTEX - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.02. The company had revenue of $58.80 million for the quarter, compared to the consensus estimate 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, sell-side analysts predict that VTEX will post 0.08 earnings per share for the current fiscal year.

Hedge Funds Weigh In On VTEX

A number of institutional investors have recently added to or reduced their stakes in VTEX. Raymond James Financial Inc. acquired a new position in VTEX during the fourth quarter worth $399,000. Marshall Wace LLP increased its holdings in VTEX by 2.2% during the fourth quarter. Marshall Wace LLP now owns 511,985 shares of the company's stock worth $3,016,000 after buying an additional 11,042 shares during the last quarter. Northern Trust Corp increased its holdings in VTEX by 245.2% during the fourth quarter. Northern Trust Corp now owns 136,898 shares of the company's stock worth $806,000 after buying an additional 97,239 shares during the last quarter. Dynamo Administracao de Recursos Ltda. increased its holdings in VTEX by 216.5% during the fourth quarter. Dynamo Administracao de Recursos Ltda. now owns 125,120 shares of the company's stock worth $737,000 after buying an additional 85,589 shares during the last quarter. Finally, BNP Paribas Financial Markets acquired a new position in VTEX during the fourth quarter worth $248,000. 63.69% of the stock is currently owned by institutional investors and hedge funds.

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.