Vimeo Inc (NASDAQ:VMEO) has a beta value of 2.07 and has seen 14.4 million shares traded in the last trading session. The company, currently valued at $1.15B, closed the last trade at $6.96 per share which meant it gained $2.15 on the day or 44.70% during that session. The VMEO stock price is 17.1% off its 52-week high price of $5.77 and 53.3% above the 52-week low of $3.25. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.74 million shares traded. The 3-month trading volume is 1.14 million shares.
The consensus among analysts is that Vimeo Inc (VMEO) is Hold stock at the moment, with a recommendation rating of 2.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 1 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.01.
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Vimeo Inc (NASDAQ:VMEO) trade information
Sporting 44.70% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the VMEO stock price touched $6.96 or saw a rise of 1.42%. Year-to-date, Vimeo Inc shares have moved 77.55%, while the 5-day performance has seen it change 42.92%. Over the past 30 days, the shares of Vimeo Inc (NASDAQ:VMEO) have changed 46.53%. Short interest in the company has seen 3.48 million shares shorted with days to cover at 3.49.
Wall Street analysts have a consensus price target for the stock at $7, which means that the shares’ value could jump 0.57% from current levels. The projected low price target is $7.0 while the price target rests at a high of $22.0. In that case, then, we find that the current price level is -216.09% off the targeted high while a plunge would see the stock gain -0.57% from current levels.
Vimeo Inc (VMEO) estimates and forecasts
Figures show that Vimeo Inc shares have underperformed across the wider relevant industry. The company’s shares have gained 77.55% over the past 6 months, with this year growth rate of -38.46%, compared to 19.20% for the industry. Revenue growth from the last financial year stood is estimated to be -2.80%.
4 analysts offering their estimates for the company have set an average revenue estimate of 99.6M for the current quarter. 4 have an estimated revenue figure of 97.14M for the next ending quarter. Year-ago sales stood 101.05M and 105.54M respectively for this quarter and the next, and analysts expect sales will shrink by -1.40% for the current quarter and -2.80% for the next.
Earnings growth for 2024 is a modest 13.46% while over the next 5 years, the company’s earnings are expected to increase by 36.20%.
VMEO Dividends
Vimeo Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Vimeo Inc (NASDAQ:VMEO)’s Major holders
Insiders own 5.15% of the company shares, while shares held by institutions stand at 91.49% with a share float percentage of 96.45%. Investors are also buoyed by the number of investors in a company, with Vimeo Inc having a total of 313.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 17.75 million shares worth more than $66.22 million. As of 2024-06-30, VANGUARD GROUP INC held 10.757% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 16.08 million shares as of 2024-06-30. The firm’s total holdings are worth over $59.99 million and represent 9.7452% of shares outstanding.
