Shares of Mid-cap technology company Cvent moved -0.1% this afternoon, and are now trading at $8.47 per share. The average analyst target price for the stock is $8.5.
Cvent Holding Corp. provides a cloud-based enterprise event marketing, management, and hospitality platform for marketers, meeting, and event planners in North America and internationally.
Cvent Investors Should Consider This:
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Cvent has moved 60.7% over the last year.
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The company has a price to earnings growth (PEG) ratio of 0.13. A number between 0 and 1 could mean that the market is undervaluing Cvent's estimated growth potential
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Its Price to Book (P/B) ratio is 2.6
Understanding Cvent's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 630,558 | 458,760 | -12.06 | -40.4 |
| 2021-12-31 | 518,811 | 371,927 | -8.59 | -51.77 |
| 2020-12-31 | 498,700 | 350,662 | -5.66 | 29.78 |
| 2019-12-31 | 567,604 | 401,516 | -8.06 | n/a |
Averaging out to -8.6% over the last 4 years, Cvent's operating margins also have a high coefficient of variability, which stands at 30.7%. The firm's margins are declining at a -10.6% compounded yearly rate.
