The stock of Vimeo Inc (NASDAQ: VMEO) has decreased by -0.82 when compared to last closing price of 4.89. Despite this, the company has experienced a -6.01% fall in its stock price over the last five trading sessions. globenewswire.com reported 2024-10-02 that NEW YORK, Oct. 02, 2024 (GLOBE NEWSWIRE) — Vimeo (NASDAQ: VMEO), the world’s most innovative video experience platform for creators and enterprises, today appointed Charlie Ungashick as Chief Marketing Officer. Ungashick, who has supported the brand as interim CMO since January 2024, will oversee the brand’s comprehensive marketing efforts across the consumer and commercial channels as Vimeo integrates leading-edge AI capabilities to deliver value for businesses, creators and video professionals globally. He will also lead and produce the company’s first customer conference, Vimeo REFRAME, later this month.
Is It Worth Investing in Vimeo Inc (NASDAQ: VMEO) Right Now?
Vimeo Inc (NASDAQ: VMEO) has a price-to-earnings ratio of 25.09x that is above its average ratio. Additionally, the 36-month beta value for VMEO is 2.07. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
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The public float for VMEO is 143.28M and currently, short sellers hold a 2.80% ratio of that float. The average trading volume of VMEO on October 04, 2024 was 1.36M shares.
VMEO’s Market Performance
VMEO’s stock has seen a -6.01% decrease for the week, with a -7.09% drop in the past month and a 31.79% gain in the past quarter. The volatility ratio for the week is 2.92%, and the volatility levels for the past 30 days are at 3.11% for Vimeo Inc The simple moving average for the last 20 days is -4.49% for VMEO stock, with a simple moving average of 15.64% for the last 200 days.
Analysts’ Opinion of VMEO
Many brokerage firms have already submitted their reports for VMEO stocks, with Jefferies repeating the rating for VMEO by listing it as a “Hold.” The predicted price for VMEO in the upcoming period, according to Jefferies is $4 based on the research report published on January 05, 2024 of the current year 2024.
Piper Sandler, on the other hand, stated in their research note that they expect to see VMEO reach a price target of $10, previously predicting the price at $18. The rating they have provided for VMEO stocks is “Neutral” according to the report published on May 06th, 2022.
JP Morgan gave a rating of “Neutral” to VMEO, setting the target price at $21 in the report published on December 15th of the previous year.
VMEO Trading at 0.59% from the 50-Day Moving Average
After a stumble in the market that brought VMEO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.94% of loss for the given period.
Volatility was left at 3.11%, however, over the last 30 days, the volatility rate increased by 2.92%, as shares sank -7.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +29.68% upper at present.
During the last 5 trading sessions, VMEO fell by -6.01%, which changed the moving average for the period of 200-days by +25.97% in comparison to the 20-day moving average, which settled at $5.06. In addition, Vimeo Inc saw 23.72% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VMEO starting from Gross Adam, who purchase 50,000 shares at the price of $5.01 back on Aug 12 ’24. After this action, Gross Adam now owns 282,247 shares of Vimeo Inc, valued at $250,400 using the latest closing price.
Schiffman Glenn, the Director of Vimeo Inc, purchase 20,000 shares at $4.75 during a trade that took place back on Aug 09 ’24, which means that Schiffman Glenn is holding 367,404 shares at $95,100 based on the most recent closing price.
Stock Fundamentals for VMEO
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.78 for the gross margin
The net margin for Vimeo Inc stands at 0.08. The total capital return value is set at 0.06. Equity return is now at value 8.63, with 5.30 for asset returns.
Based on Vimeo Inc (VMEO), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 4.36. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -11.78.
Currently, EBITDA for the company is 30.52 million with net debt to EBITDA at -10.24. When we switch over and look at the enterprise to sales, we see a ratio of 1.2. The receivables turnover for the company is 16.67for trailing twelve months and the total asset turnover is 0.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.63.
Conclusion
In conclusion, Vimeo Inc (VMEO) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
