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Vertex (VERX)
NASDAQ:VERX
Vertex (VERX) Stock Price & Analysis
171 Followers
VERX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$17.59 - $35.38
Previous Close$28.61
Volume349.52K
Average Volume (3M)503.39K
Market Cap
$4.48B
Enterprise Value$4.47B
Total Cash (Recent Filing)$77.72M
Total Debt (Recent Filing)$66.97M
Price to Earnings (P/E)-305.0
Beta1.33
Next Earnings
May 08, 2024EPS Estimate
$0.12Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.09
Shares Outstanding154,334,585
10 Day Avg. Volume393,808
30 Day Avg. Volume503,394
Standard Deviation0.15
R-Squared0.04
Alpha0.00950
Financial Highlights & Ratios
Price to Book (P/B)21.05
Price to Sales (P/S)3.64
Price to Cash Flow (P/CF)23.70
P/FCF Ratio21.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.81
Enterprise Value/Gross Profit12.83
Enterprise Value/Ebitda118.43
Forecast
1Y Price Target
$38.86Price Target Upside35.83% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Vertex News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceVertex reported strong financial results with both revenue and adjusted EBITDA surpassing expectations, signaling a robust growth trajectory.
Market PositionThe strategic acquisition of a peer by a major industry player underscores the value of Vertex's offerings, potentially positioning the company as an attractive acquisition target.
Strategic InitiativesInvestments in Vertex's partner ecosystem are yielding significant new client acquisitions, bolstering the company's market position and future revenue potential.
Bears Say
Acquisition ConcernsThe failure to close the transaction with Pagero surfaces strategic questions.
Competitive LandscapeWith Thomson Reuters acquiring a majority interest in Pagero, increased competition could become a focal point for investors.
Strategic SetbacksThe withdrawal introduces a potential risk factor of a change in the existing strategic partnership with Pagero if acquired by a competitor.
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Ownership Overview
19.26% Insiders
32.49% Mutual Funds
12.35% Other Institutional Investors
35.91% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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VERX FAQ
What was Vertex’s price range in the past 12 months?
Vertex lowest stock price was $17.59 and its highest was $35.38 in the past 12 months.
What is Vertex’s market cap?
Currently, no data Available
When is Vertex’s upcoming earnings report date?
Vertex’s upcoming earnings report date is May 08, 2024 which is in 15 days.
How were Vertex’s earnings last quarter?
Vertex released its earnings results on Feb 29, 2024. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.113 by $0.017.
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 $0.12.
How many shares outstanding does Vertex have?
Vertex has 61,673,584 shares outstanding.
What happened to Vertex’s price movement after its last earnings report?
Vertex reported an EPS of $0.13 in its last earnings report, beating expectations of $0.113. Following the earnings report the stock price went up 32.205%.
Which hedge fund is a major shareholder of Vertex?
Among the largest hedge funds holding Vertex’s share is Royce & Associates LLC. It holds Vertex’s shares valued at 593K.
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Vertex Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$38.86 (35.83% Upside)
$38.86 (35.83% Upside)
Blogger Sentiment
Bullish
VERX Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 134.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $134.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 2.5%
Last 30 Days ▼ 2.5%
Technicals
SMA
Positive
20 days / 200 days
Momentum
30.51%
12-Months-Change
Fundamentals
Return on Equity
-5.42%
Trailing 12-Months
Asset Growth
5.66%
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
Q4 2024
0:00 / 0:00
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VERX Stock 12 Months Forecast
Average Price Target
$38.86
▲(35.83% Upside)
Technical Analysis
Best Analysts Covering VERX
1 Year
1 Year Success Rate
10/14 ratings generated profit
1 Year Average Return
+29.58%
reiterated a buy rating 3 months ago
Copying Brad Reback's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +29.58% per trade.
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