A share price of Vimeo Inc [VMEO] is currently trading at $6.82, down -1.59%. An important factor to consider is whether the stock is rising or falling in short-term value. The VMEO shares have gain 2.56% over the last week, with a monthly amount glided 2.56%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Vimeo Inc [NASDAQ: VMEO] stock has seen the most recent analyst activity on December 10, 2024, when Piper Sandler upgraded its rating to a Overweight and also boosted its price target to $10 from $7. Previously, Jefferies downgraded its rating to Hold on January 05, 2024, and dropped its price target to $4. On May 06, 2022, downgrade downgraded it’s rating to Neutral and revised its price target to $10 on the stock. JP Morgan reiterated its Neutral rating and decreased its price target to $21 on December 15, 2021. Cowen downgraded its rating to a Market Perform and reduced its price target to $30 on November 05, 2021. Wells Fargo started tracking with a Overweight rating for this stock on September 22, 2021, and assigned it a price target of $47. In a note dated August 09, 2021, Truist reiterated an Buy rating on this stock and revised its target price from $54 to $50.
Vimeo Inc experienced fluctuations in its stock price throughout the past year between $3.43 and $7.90. Currently, Wall Street analysts expect the stock to reach $7 within the next 12 months. Vimeo Inc [NASDAQ: VMEO] shares were valued at $6.82 at the most recent close of the market. An investor can expect a potential return of 2.64% based on the average VMEO price forecast.
Analyzing the VMEO fundamentals
Trailing Twelve Months sales for Vimeo Inc [NASDAQ:VMEO] were 419.39M which represents -1.59% decline. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
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 6.74 points at the first support level, and at 6.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.90, and for the 2nd resistance point, it is at 6.98.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Vimeo Inc [NASDAQ:VMEO] is 1.67. On the other hand, the Quick Ratio is 1.67, and the Cash Ratio is 1.47. Considering the valuation of this stock, the price to sales ratio is 2.70, the price to book ratio is 2.76 and price to earnings (TTM) ratio is 34.55.
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.
