Vtex (VTEX) shares projected to rise by 38.96%

At the time of writing, Vtex [VTEX] stock is trading at $7.29, up 6.42%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The VTEX shares have gain 6.89% over the last week, with a monthly amount drifted -7.02%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Vtex [NYSE: VTEX] stock has seen the most recent analyst activity on May 14, 2024, when JP Morgan upgraded its rating to a Overweight but kept the price target unchanged to $9 for it. Previously, Morgan Stanley upgraded its rating to Overweight on January 05, 2024, and elevated its price target to $8. On August 23, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $7.50 on the stock. Credit Suisse downgraded its rating to a Neutral and decreased its price target to $5 on June 12, 2023. Itau BBA upgraded its rating to a Outperform but $6 remained the price target by the analyst firm on May 10, 2023. DA Davidson started tracking with a Buy rating for this stock on March 09, 2023, and assigned it a price target of $5. In a note dated December 19, 2022, Morgan Stanley downgraded an Equal-Weight rating on this stock and revised its target price from $7 to $5.

For the past year, the stock price of Vtex fluctuated between $4.66 and $9.59. Currently, Wall Street analysts expect the stock to reach $10.13 within the next 12 months. Vtex [NYSE: VTEX] shares were valued at $7.29 at the most recent close of the market. An investor can expect a potential return of 38.96% based on the average VTEX price forecast.

Analyzing the VTEX fundamentals

According to Vtex [NYSE:VTEX], the company’s sales were 220.54M for trailing twelve months, which represents an 18.07% jump. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.01 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.05 points at the first support level, and at 6.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.48, and for the 2nd resistance point, it is at 7.68.

Ratios To Look Out For

It is important to note that Vtex [NYSE:VTEX] has a current ratio of 3.59. Also, the Quick Ratio is 3.59, while the Cash Ratio stands at 0.3. Considering the valuation of this stock, the price to sales ratio is 6.12, the price to book ratio is 5.37 and price to earnings (TTM) ratio is 587.90.

Transactions by insiders

Recent insider trading involved SANTIAGO NARANJO ALVAREZ, Officer, that happened on Sep 19 ’24 when 16806.0 shares were purchased. Officer, BOTSMARK LLC completed a deal on Sep 19 ’24 to buy 15500.0 shares. Meanwhile, Officer ANDRE SPOLIDORO FERREIRA GOMES bought 12000.0 shares on Sep 19 ’24.

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