Vimeo (VMEO) to Release Quarterly Earnings on Wednesday

Vimeo (NASDAQ:VMEO) is projected to post its quarterly earnings results after the market closes on Wednesday, February 19th. Analysts expect Vimeo to post earnings of $0.01 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Vimeo Price Performance

NASDAQ VMEO opened at $6.46 on Wednesday. Vimeo has a 1 year low of $3.43 and a 1 year high of $7.90. The company has a market capitalization of $1.07 billion, a PE ratio of 32.30 and a beta of 2.21. The company has a fifty day moving average of $6.64 and a 200 day moving average of $5.77.

Analyst Upgrades and Downgrades

VMEO has been the subject of several analyst reports. Piper Sandler raised Vimeo from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $7.00 to $10.00 in a report on Tuesday, December 10th. Truist Financial boosted their price target on Vimeo from $7.00 to $9.00 and gave the company a “buy” rating in a report on Tuesday, November 5th. Finally, TD Cowen increased their target price on shares of Vimeo from $6.00 to $7.00 and gave the stock a “hold” rating in a research note on Tuesday, November 5th.

About Vimeo

Vimeo, Inc, together with its subsidiaries, provides video software solutions worldwide. It provides the video tools through a software-as-a-service model, which enables its users to create, collaborate, and communicate with video on a single platform. The company also offers over-the-top OTT streaming and monetization services; AI-driven video creation and editing tools; and interactive and shoppable video tools.