Vimeo Inc (VMEO) Shares on the Rise: Short-term Analysis

Vimeo Inc [VMEO] stock is trading at $6.96, up 44.70%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The VMEO shares have gain 42.92% over the last week, with a monthly amount glided 46.53%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Vimeo Inc [NASDAQ: VMEO] stock has seen the most recent analyst activity on January 05, 2024, when Jefferies downgraded its rating to a Hold and also revised its price target to $4 from $7. Previously, Piper Sandler downgraded its rating to Neutral on May 06, 2022, and dropped its price target to $10. On December 15, 2021, JP Morgan reiterated its Neutral rating and revised its price target to $21 on the stock. Cowen downgraded its rating to a Market Perform and decreased its price target to $30 on November 05, 2021. Wells Fargo initiated its recommendation with a Overweight and recommended $47 as its price target on September 22, 2021. Truist reiterated a Buy rating for this stock on August 09, 2021, and downed its price target to $50. In a note dated August 09, 2021, Piper Sandler reiterated an Overweight rating on this stock and revised its target price from $52 to $51.

Vimeo Inc [VMEO] stock has fluctuated between $3.25 and $5.77 over the past year. Currently, Wall Street analysts expect the stock to reach $12 within the next 12 months. Vimeo Inc [NASDAQ: VMEO] shares were valued at $6.96 at the most recent close of the market. An investor can expect a potential return of 72.41% based on the average VMEO price forecast.

Analyzing the VMEO fundamentals

Vimeo Inc [NASDAQ:VMEO] reported sales of 419.39M for the trailing twelve months, which represents a drop of -1.59%. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.09 and Total Capital is 0.06.

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 6.28 points at the first support level, and at 5.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.35, and for the 2nd resistance point, it is at 7.74.

Ratios To Look Out For

For context, Vimeo Inc’s Current Ratio is 1.67. Also, the Quick Ratio is 1.67, while the Cash Ratio stands at 1.47. Considering the valuation of this stock, the price to sales ratio is 2.75, the price to book ratio is 2.82 and price to earnings (TTM) ratio is 35.26.

Transactions by insiders

Recent insider trading involved Gross Adam, Director, that happened on Aug 12 ’24 when 50000.0 shares were purchased. Director, Schiffman Glenn completed a deal on Aug 09 ’24 to buy 20000.0 shares. Meanwhile, Chief Financial Officer Munson Gillian bought 4348.0 shares on Aug 08 ’24.

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