Market Recap: Vimeo Inc (VMEO)’s Negative Momentum, Closing at 5.07

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The closing price of Vimeo Inc (NASDAQ: VMEO) was $5.07 for the day, down -0.59% from the previous closing price of $5.10. In other words, the price has decreased by -$0.59 from its previous closing price. On the day, 0.87 million shares were traded. VMEO stock price reached its highest trading level at $5.105 during the session, while it also had its lowest trading level at $5.05.

Ratios:

Our analysis of VMEO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.25. For the most recent quarter (mrq), Quick Ratio is recorded 1.63 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on January 05, 2024, Downgraded its rating to Hold and sets its target price to $4 from $7 previously.

On May 06, 2022, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $18 to $10.

JP Morgan reiterated its Neutral rating for the stock on December 15, 2021, while the target price for the stock was revised from $30 to $21.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 12 ’24 when Gross Adam bought 50,000 shares for $5.01 per share. The transaction valued at 250,400 led to the insider holds 282,247 shares of the business.

Schiffman Glenn bought 20,000 shares of VMEO for $95,100 on Aug 09 ’24. The Director now owns 367,404 shares after completing the transaction at $4.75 per share. On Aug 08 ’24, another insider, Munson Gillian, who serves as the Chief Financial Officer of the company, bought 4,348 shares for $4.63 each. As a result, the insider paid 20,131 and bolstered with 1,040,676 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VMEO now has a Market Capitalization of 845564480 and an Enterprise Value of 541913536. As of this moment, Vimeo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.23, and their Forward P/E ratio for the next fiscal year is 92.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.00 while its Price-to-Book (P/B) ratio in mrq is 2.12. Its current Enterprise Value per Revenue stands at 1.287 whereas that against EBITDA is 21.185.

Stock Price History:

Over the past 52 weeks, VMEO has reached a high of $5.77, while it has fallen to a 52-week low of $3.02. The 50-Day Moving Average of the stock is 22.91%, while the 200-Day Moving Average is calculated to be 26.17%.

Shares Statistics:

VMEO traded an average of 1.53M shares per day over the past three months and 1119720 shares per day over the past ten days. A total of 157.93M shares are outstanding, with a floating share count of 143.56M. Insiders hold about 13.41% of the company’s shares, while institutions hold 82.83% stake in the company. Shares short for VMEO as of 1723680000 were 3620740 with a Short Ratio of 2.36, compared to 1721001600 on 3794059. Therefore, it implies a Short% of Shares Outstanding of 3620740 and a Short% of Float of 2.9000001.

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