VMEO - Vimeo: Changing For The Better
- Vimeo stock is now down over 80% since its IPO.
- Management is trying to re-accelerate growth by shifting their focus to enterprises and broadening their product offerings.
- Their latest acquisition of Wibbitz and Wirewax is being overlooked and will provide substantial value to Vimeo's platform.
- A successful business transformation will put Vimeo in a much stronger position and result in a significant valuation expansion.
- It is now one of the cheapest SaaS stocks trading at an EV/sales ratio of 3.7, which provides a good buying opportunity.
For further details see:
Vimeo: Changing For The Better