Vimeo, Inc. (VMEO) Is Up 1.67% in One Week: What You Should Know

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: Vimeo, Inc. (VMEO) - Vimeo, Inc. currently holds a Momentum Style Score of A, indicating strong momentum potential [3]. - The company has a Zacks Rank of 1 (Strong Buy), which historically outperforms the market when combined with a Style Score of A or B [4]. Performance Metrics - Over the past week, VMEO shares increased by 1.67%, while the Zacks Technology Services industry declined by 0.51% [6]. - In a longer timeframe, VMEO's monthly price change is 39.54%, significantly outperforming the industry's 0.15% [6]. - Over the last quarter, VMEO shares rose by 31.64%, and over the past year, they increased by 86.19%, compared to the S&P 500's gains of 13.52% and 37.4%, respectively [7]. Trading Volume - VMEO's average 20-day trading volume is 1,547,412 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - Recent earnings estimate revisions for VMEO show positive momentum, with two estimates moving higher for the full year, raising the consensus estimate from $0.08 to $0.14 [10]. - For the next fiscal year, two estimates have also increased, with no downward revisions noted [10].