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VTEX is an attractive stock for growth-oriented investors, given its expanding clientele and global footprint.
NEW YORK--(BUSINESS WIRE)--VTEX (NYSE: VTEX), the composable and complete commerce platform for premier B2C and B2B brands and retailers, released new research on live shopping and the consumer experience. According to the survey findings, of 1,000 U.S. consumers 18 years old and older, 45% of consumers have browsed or purchased from live shopping events in the past year indicating a strong and growing interest in this shopping format. As brands and retailers continue to explore the best ways t.
This software-as-a-service company has just flipped from losing money to making money and that will attract more investor attention.
After losing some value lately, a hammer chart pattern has been formed for VTEX (VTEX), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
The mean of analysts' price targets for VTEX (VTEX) points to a 54.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
The average of price targets set by Wall Street analysts indicates a potential upside of 58.5% in VTEX (VTEX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
VTEX (NYSE:VTEX ) Q2 2024 Earnings Conference Call August 6, 2024 4:30 PM ET Company Participants Julia Vatter-Fernandez - IR Director Geraldo Thomaz - Founder and Co-CEO Ricardo Sodre - CFO Mariano Gomide de Faria - Founder and Co-CEO Conference Call Participants Marcelo Santos - JPMorgan Thiago Kapulskis - Banco Itau BBA Maddie Schrage - KeyBanc Capital Markets Operator Thank you for standing by. My name is Mandeep, and I'll be your operator today.
Although the revenue and EPS for VTEX (VTEX) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
VTEX (VTEX) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to loss of $0.04 per share a year ago.
NEW YORK--(BUSINESS WIRE)--VTEX (NYSE: VTEX), the composable and complete commerce platform for premier brands and retailers, announced today that the following matters were approved in its annual general meeting of shareholders (“AGM”) held on May 24, 2024: the ratification of Silvia Mazzucchelli as a member of the Board of Directors; and the ratification and approval of financial statements and the auditor's report for the fiscal year ended December 31, 2023. 28.391.452 Class A shares and 84.