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Vertex (VERX)
NASDAQ:VERX
Vertex (VERX) Stock Price & Analysis
189 Followers
VERX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$17.59 - $37.32
Previous Close$37.07
Volume903.30K
Average Volume (3M)1.10M
Market Cap
$5.84B
Enterprise Value$5.83B
Total Cash (Recent Filing)$77.72M
Total Debt (Recent Filing)$66.97M
Price to Earnings (P/E)856.1
Beta1.39
Next Earnings
Aug 07, 2024EPS Estimate
$0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.04
Shares Outstanding155,113,704
10 Day Avg. Volume1,044,203
30 Day Avg. Volume1,096,514
Standard Deviation0.15
R-Squared0.05
Alpha0.00940
Financial Highlights & Ratios
Price to Book (P/B)-118.52
Price to Sales (P/S)3.99
Price to Cash Flow (P/CF)28.60
P/FCF Ratio41.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.19
Enterprise Value/Gross Profit16.73
Enterprise Value/Ebitda154.42
Forecast
1Y Price Target
$36.86Price Target Upside-0.91% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Vertex News
Bulls Say, Bears Say
Bulls Say
AcquisitionsVertex announced the tuck-in acquisition of Generative AI technology from Ryan LLC, a global provider of tax services and a long-standing Vertex partner.
AI IntegrationThe AI technology leverages proprietary and private Large Language Models (LLMs) like OpenAI's GPT4 to deliver Generative Pre-Trained Transformer (GPT) capabilities.
Efficiency And AccuracyUsing AI in the onboarding process can significantly shorten the time it takes to manage SKU categorization.
Bears Say
Financial PerformanceAnnual recurring revenue (ARR) growth and net revenue retention (NRR) decelerated on easier prior year comparisons.
Growth PotentialGrowth metrics suggest there are limitations capping growth.
Technological ImpactVertex is unlikely to see an impact on the business in the near term from evaluating use cases for GenAI.
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Ownership Overview
19.88% Insiders
39.84% Mutual Funds
14.91% Other Institutional Investors
25.37% 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 $37.32 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 Aug 07, 2024 which is in 16 days.
How were Vertex’s earnings last quarter?
Vertex released its earnings results on May 08, 2024. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.126 by $0.024.
Is Vertex overvalued?
According to Wall Street analysts Vertex’s price is currently Overvalued.
Does Vertex pay dividends?
Vertex does not currently pay dividends.
What is Vertex’s EPS estimate?
Vertex’s EPS estimate is $0.13.
How many shares outstanding does Vertex have?
Vertex has 64,952,705 shares outstanding.
What happened to Vertex’s price movement after its last earnings report?
Vertex reported an EPS of $0.15 in its last earnings report, beating expectations of $0.126. Following the earnings report the stock price went down -0.763%.
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 1M.
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Vertex Stock Smart Score
Unlock Smart Score
1
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4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$36.86 (-0.91% Downside)
$36.86 (-0.91% Downside)
Blogger Sentiment
Bullish
VERX Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 13.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $49.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.3%
Last 30 Days ▲ 24.1%
Last 30 Days ▲ 24.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
96.76%
12-Months-Change
Fundamentals
Return on Equity
3.26%
Trailing 12-Months
Asset Growth
4.17%
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
Q1 2024
0:00 / 0:00
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VERX Stock 12 Month Forecast
Average Price Target
$36.86
▼(-0.91% Downside)
Technical Analysis
Best Analysts Covering VERX
1 Year
1 Year Success Rate
13/16 ratings generated profit
1 Year Average Return
+35.33%
reiterated a buy rating 3 months ago
Copying Patrick Walravens's trades and holding each position for 1 Year would result in 81.25% of your transactions generating a profit, with an average return of +35.33% per trade.
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