The stock of Vtex (VTEX) has gone up by 0.48% for the week, with a -8.95% drop in the past month and a -10.62% drop in the past quarter. The volatility ratio for the week is 3.16%, and the volatility levels for the past 30 days are 3.48% for VTEX. The simple moving average for the past 20 days is -3.41% for VTEX’s stock, with a -12.59% simple moving average for the past 200 days.
Is It Worth Investing in Vtex (NYSE: VTEX) Right Now?
Vtex (NYSE: VTEX) has a higher price-to-earnings ratio of 215.36x compared to its average ratio, The 36-month beta value for VTEX is at 1.36. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 4 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for VTEX is 52.10M, and currently, shorts hold a 0.98% of that float. The average trading volume for VTEX on November 28, 2024 was 440.23K shares.
VTEX) stock’s latest price update
Vtex (NYSE: VTEX)’s stock price has gone decline by -2.17 in comparison to its previous close of 6.45, however, the company has experienced a 0.48% increase in its stock price over the last five trading days. seekingalpha.com reported 2024-11-05 that VTEX (NYSE:VTEX ) Q3 2024 Earnings Conference Call November 5, 2024 4:30 PM ET Company Participants Geraldo Thomaz Jr. – Founder, Co-Chief Executive Officer Ricardo Camatta Sodre – Chief Financial Officer Mariano Gomide de Faria – Founder, Co- Chief Executive Officer Andre Spolidoro – Chief Strategy Officer Julia Vater Fernández – VP of Investor Relations Conference Call Participants Marcelo Santos – JP Morgan Cesar Medina – Morgan Stanley Leonardo Olmos – UBS Julia Vater Fernández Hello everyone, and welcome to the VTEX Earnings Conference Call for the Quarter Ended September 30th, 2024. I am Julia Vater Fernández, VP of Investor Relations for VTEX.
Analysts’ Opinion of VTEX
Many brokerage firms have already submitted their reports for VTEX stocks, with JP Morgan repeating the rating for VTEX by listing it as a “Overweight.” The predicted price for VTEX in the upcoming period, according to JP Morgan is $9 based on the research report published on May 14, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see VTEX reach a price target of $8, previously predicting the price at $5.50. The rating they have provided for VTEX stocks is “Overweight” according to the report published on January 05th, 2024.
UBS gave a rating of “Buy” to VTEX, setting the target price at $7.50 in the report published on August 23rd of the previous year.
VTEX Trading at -8.04% from the 50-Day Moving Average
After a stumble in the market that brought VTEX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -34.20% of loss for the given period.
Volatility was left at 3.48%, however, over the last 30 days, the volatility rate increased by 3.16%, as shares sank -9.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.88% lower at present.
During the last 5 trading sessions, VTEX rose by +0.48%, which changed the moving average for the period of 200-days by -16.20% in comparison to the 20-day moving average, which settled at $6.53. In addition, Vtex saw -8.28% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VTEX starting from Signo Inv. Tech Co. Ltd, who proposed sale 121,152 shares at the price of $6.71 back on Nov 08 ’24. After this action, Signo Inv. Tech Co. Ltd now owns shares of Vtex, valued at $812,930 using the latest closing price.
Mira Limited, the Officer of Vtex, proposed sale 121,152 shares at $6.71 during a trade that took place back on Nov 08 ’24, which means that Mira Limited is holding shares at $812,930 based on the most recent closing price.
Stock Fundamentals for VTEX
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.73 for the gross margin
The net margin for Vtex stands at 0.04. The total capital return value is set at 0.03. Equity return is now at value 3.52, with 2.52 for asset returns.
Currently, EBITDA for the company is -4.03 million with net debt to EBITDA at -1.92. When we switch over and look at the enterprise to sales, we see a ratio of 5.09. The receivables turnover for the company is 3.78for trailing twelve months and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.58.
Conclusion
In conclusion, Vtex (VTEX) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
