In today’s recent session, 1.13 million shares of the Vimeo Inc (NASDAQ:VMEO) have been traded, and its beta is 2.06. Most recently the company’s share price was $4.16, and it changed around $0.0 or 0.00% from the last close, which brings the market valuation of the company to $685.34M. VMEO at last check was trading at a discount to its 52-week high of $7.90, offering almost -89.9% off that amount. The share price’s 52-week low was $3.44, which indicates that the recent value has risen by an impressive 17.31% since then. We note from Vimeo Inc’s average daily trading volume that its 10-day average is 1.07 million shares, with the 3-month average coming to 1.33 million.
Vimeo Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 2 recommended VMEO as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Vimeo Inc is expected to report earnings per share of 0 for the current quarter.
Vimeo Inc (NASDAQ:VMEO) trade information
The performance over the last five days has remained in the red territory. The rise to weekly highs of 4.43 on recent trading dayincreased the stock’s daily price by 6.09%. The company’s shares are currently down -35.00% year-to-date, but still down -6.31% over the last five days. On the other hand, Vimeo Inc (NASDAQ:VMEO) is -10.15% down in the 30-day period. We can see from the shorts that 5.34 million shares have been sold at a short interest cover period of 4.16 day(s).
The consensus price target as assigned by Wall Street analysts is $8, which translates to bulls needing to increase their stock price by 48.0% from its current value. Analyst projections state that VMEO is forecast to be at a low of $8 and a high of $8.
Vimeo Inc (VMEO) estimates and forecasts
The year-over-year growth rate is expected to be 1.83%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 105.76M in revenue for the current quarter. 4 analysts expect Vimeo Inc to make 107.36M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 104.38M and 104.56M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 1.32%. Forecasts for the next quarter put sales growth at 2.67%.
Vimeo Inc earnings are expected to increase by -93.75% in 2025, but the outlook is negative -13.56% per year for the next five years.
VMEO Dividends
Vimeo Inc’s next quarterly earnings report is expected to be released on 2025-May-05.
Vimeo Inc (NASDAQ:VMEO)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 2.48% of Vimeo Inc shares, and 93.75% of them are in the hands of institutional investors. The stock currently has a share float of 96.14%. Vimeo Inc stock is held by 327.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 10.74% of the shares, which is about 17.75 million shares worth $66.22 million.
BLACKROCK INC., with 9.7297% or 16.08 million shares worth $59.99 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
