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Vertex, Inc. (VERX)
:VERX
VERX Stock Chart & Stats
Day’s Range― - ―
52-Week Range$24.17 - $60.71
Previous CloseN/A
Volume128.89K
Average Volume (3M)947.71K
Market Cap
$7.43B
Enterprise Value$6.28B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)245.8
Beta0.85
Next Earnings
Feb 27, 2025EPS Estimate
0.14Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.19
Shares Outstanding65,969,320
10 Day Avg. Volume1,236,499
30 Day Avg. Volume947,710
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)11.97
Price to Cash Flow (P/CF)46.50
P/FCF Ratio43.60
Enterprise Value/Market Cap0.85
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit18.03
Enterprise Value/Ebitda81.79
Forecast
1Y Price Target
$58.67Price Target Upside27.18% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
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Bulls Say, Bears Say
Bulls Say
Growth StrategyThe 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 the Fortune 500's definitive leader in providing indirect tax automation software, making it easy for growing enterprises to sustain indirect tax compliance.
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
Competitive PositioningVertex is viewed as a somewhat under the radar play that has plenty of ability to continue to scale both the top and bottom line.
Investor SentimentThe upcoming Investor Day is seen as a positive catalyst for the stock.
Market DynamicsVertex is building an advantageous position ahead of what is likely a healthy e-invoicing cycle beginning in 2026.
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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, Inc.’s price range in the past 12 months?
Vertex, Inc. lowest stock price was $24.16 and its highest was $60.71 in the past 12 months.
What is Vertex, Inc.’s market cap?
Vertex, Inc.’s market cap is $7.43B.
When is Vertex, Inc.’s upcoming earnings report date?
Vertex, Inc.’s upcoming earnings report date is Feb 27, 2025 which is in 6 days.
How were Vertex, Inc.’s earnings last quarter?
Vertex, Inc. 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, Inc. overvalued?
According to Wall Street analysts Vertex, Inc.’s price is currently Undervalued.
Does Vertex, Inc. pay dividends?
Vertex, Inc. does not currently pay dividends.
What is Vertex, Inc.’s EPS estimate?
Vertex, Inc.’s EPS estimate is 0.14.
How many shares outstanding does Vertex, Inc. have?
Vertex, Inc. has 65,969,320 shares outstanding.
What happened to Vertex, Inc.’s price movement after its last earnings report?
Vertex, Inc. 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, Inc.?
Currently, no hedge funds are holding shares in VERX
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Vertex Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$58.67 (27.18% Upside)
$58.67 (27.18% Upside)
Blogger Sentiment
Bullish
VERX Sentiment 70%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 413.0 Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $67.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 3.7%
Last 30 Days ▲ 0.6%
Last 30 Days ▲ 0.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
82.47%
12-Months-Change
Fundamentals
Return on Equity
12.69%
Trailing 12-Months
Asset Growth
65.38%
Trailing 12-Months
Company Description
Vertex, Inc.
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
$58.67
▲(27.18% Upside)
Technical Analysis
Best Analysts Covering VERX
1 Year
1 Year Success Rate
12/12 ratings generated profit
1 Year Average Return
+68.23%
reiterated a buy rating 4 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 +68.23% per trade.
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