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Vertex (VERX)
NASDAQ:VERX
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VERX Stock Chart & Stats
Day’s Range― - ―
52-Week Range$24.17 - $57.74
Previous CloseN/A
Volume128.89K
Average Volume (3M)902.49K
Market Cap
$8.71B
Enterprise Value$6.28B
Total Cash (Recent Filing)$55.84M
Total Debt (Recent Filing)$49.97M
Price to Earnings (P/E)300.5
Beta1.08
Next Earnings
Mar 05, 2025EPS Estimate
0.14Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.19
Shares Outstanding65,969,320
10 Day Avg. Volume988,149
30 Day Avg. Volume902,492
Standard Deviation0.14
R-Squared0.07
Alpha0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)13.89
Price to Cash Flow (P/CF)54.00
P/FCF Ratio50.60
Enterprise Value/Market Cap0.72
Enterprise Value/Revenue9.77
Enterprise Value/Gross Profit18.03
Enterprise Value/Ebitda84.14
Forecast
1Y Price Target
$58.50Price Target Upside3.72% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
Vertex News
Bulls Say, Bears Say
Bulls Say
Growth And ExpansionThe company's focus on cross-selling and strategic partnerships is driving growth and margin expansion, aiming to significantly increase average revenue per customer.
Market LeadershipVertex is recognized as a leader in indirect tax automation/compliance software for enterprises, which helps growing businesses sustain compliance and reduces barriers to growth.
Strategic AcquisitionsThe acquisition of Ecosio positions Vertex well in the growing e-invoicing market, particularly in the EU, combining capabilities in e-invoicing, continuous transaction control, and indirect tax.
Bears Say
Earnings ImpactEcosio expected to be modestly dilutive, impacting adj. EBITDA negatively by approximately $3-4 million per quarter.
Profit MarginsThere is pressure on adjusted EBITDA margins from ecosio and interest payments on the convertible debt, leading to a decrease in future EPS estimates.
Valuation ConcernsConcerns are often heard from investors around valuation.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
VERX FAQ
What was Vertex’s price range in the past 12 months?
Vertex lowest stock price was $24.16 and its highest was $57.74 in the past 12 months.
What is Vertex’s market cap?
Vertex’s market cap is $8.71B.
When is Vertex’s upcoming earnings report date?
Vertex’s upcoming earnings report date is Mar 05, 2025 which is in 46 days.
How were Vertex’s earnings last quarter?
Vertex released its earnings results on Nov 06, 2024. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.137 by $0.023.
Is Vertex overvalued?
According to Wall Street analysts Vertex’s price is currently Undervalued.
Does Vertex pay dividends?
Vertex does not currently pay dividends.
What is Vertex’s EPS estimate?
Vertex’s EPS estimate is 0.14.
How many shares outstanding does Vertex have?
Vertex has 65,969,320 shares outstanding.
What happened to Vertex’s price movement after its last earnings report?
Vertex reported an EPS of $0.16 in its last earnings report, beating expectations of $0.137. Following the earnings report the stock price went up 13.841%.
Which hedge fund is a major shareholder of Vertex?
Currently, no hedge funds are holding shares in VERX
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Vertex Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$58.50 (3.72% Upside)
$58.50 (3.72% Upside)
Blogger Sentiment
Bullish
VERX Sentiment 88%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 588.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $210.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.6%
Last 30 Days ▲ 15.1%
Last 30 Days ▲ 15.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
121.35%
12-Months-Change
Fundamentals
Return on Equity
12.69%
Trailing 12-Months
Asset Growth
65.38%
Trailing 12-Months
Company Description
Vertex
Vertex Inc is a provider of tax technology and services. It enables companies to realize the full strategic potential of the tax function by automating and integrating tax processes while leveraging advanced and predictive analytics of tax data. Vertex provides cloud-based and on-premise solutions to specific industries for every line of tax, including income, sales, and consumer use, value-added, and payroll. The company offers solutions such as tax determination, data management, document management, and compliance and reporting among others.
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VERX Company Deck
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VERX Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
Vertex showed strong financial performance with significant revenue growth, strategic acquisitions, and new customer wins. However, there were challenges with flat services revenue growth and increased administrative costs. The acquisition of ecosio, while promising, is expected to be initially dilutive to EBITDA.Read More>---
VERX Stock 12 Month Forecast
Average Price Target
$58.50
▲(3.72% Upside)
Technical Analysis
Best Analysts Covering VERX
1 Year
1 Year Success Rate
12/12 ratings generated profit
1 Year Average Return
+62.05%
reiterated a buy rating 2 months ago
Copying Adam Hotchkiss's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +62.05% per trade.
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