NASDAQ:VERX Vertex (VERX) Stock Price, News & Analysis → Obama’s Forever Term [exposed] (From Porter & Company) (Ad) Free VERX Stock Alerts $32.63 +0.33 (+1.02%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$31.88▼$32.6950-Day Range$27.94▼$32.6352-Week Range$17.59▼$35.38Volume710,330 shsAverage Volume1.20 million shsMarket Capitalization$5.04 billionP/E Ratio815.75Dividend YieldN/APrice Target$35.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Vertex alerts: Email Address Vertex MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside9.3% Upside$35.67 Price TargetShort InterestBearish1.88% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.12Based on 6 Articles This WeekInsider TradingSelling Shares$35.03 M Sold Last QuarterProj. Earnings Growth54.05%From $0.37 to $0.57 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.36 out of 5 starsComputer And Technology Sector380th out of 590 stocksPrepackaged Software Industry131st out of 197 stocks 2.3 Analyst's Opinion Consensus RatingVertex has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageVertex has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Vertex's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.88% of the outstanding shares of Vertex have been sold short.Short Interest Ratio / Days to CoverVertex has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in Vertex has recently increased by 116.42%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldVertex does not currently pay a dividend.Dividend GrowthVertex does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for VERX. Previous Next 2.8 News and Social Media Coverage News SentimentVertex has a news sentiment score of 1.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Vertex this week, compared to 4 articles on an average week.Search InterestOnly 4 people have searched for VERX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Vertex to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Vertex insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $35,034,678.00 in company stock.Percentage Held by Insiders45.00% of the stock of Vertex is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions59.10% of the stock of Vertex is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Vertex's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Vertex are expected to grow by 54.05% in the coming year, from $0.37 to $0.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Vertex is 815.75, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 132.30.Price to Earnings Ratio vs. SectorThe P/E ratio of Vertex is 815.75, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 232.23.Price to Earnings Growth RatioVertex has a PEG Ratio of 8.59. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioVertex has a P/B Ratio of 20.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Vertex's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceCrypto Pioneer Says: “The last crypto bull market has begun.”Right now, there’s over $6 trillion in potential investment money waiting on the sidelines. That means this crypto bull market has a lot more room to run before it comes close to being a bubble.Click here if you’d like to learn more about these five cryptos… About Vertex Stock (NASDAQ:VERX)Vertex, Inc., together with its subsidiaries, provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally. The company offers tax determination; compliance and reporting, including workflow management tools, role-based security, and event logging; tax data management; document management; analytics and insights; pre-built integration that includes mapping data fields, and business logic and configurations; industry-specific solutions; and technology specific solutions, such as chain flow accelerator and SAP-specific tools. It provides implementation services, such as configuration, data migration and implementation, and support and training; and managed services, including tax return preparation, filing and tax payment, and notice management. The company sells its software products through software licenses and software as a service subscription. Vertex, Inc. was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.Read More VERX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VERX Stock News HeadlinesMay 15 at 5:53 AM | msn.comVertex Celebrates Four Leaders Named to CRN’s 2024 Women of the ChannelMay 13, 2024 | finance.yahoo.comVertex Women Leading the Way: Four Honorees Named on CRN’s 2024 Women of the Channel ListMay 13, 2024 | globenewswire.comVertex Women Leading the Way: Four Honorees Named on CRN's 2024 Women of the Channel ListMay 13, 2024 | americanbankingnews.comVertex, Inc. (NASDAQ:VERX) Short Interest Up 116.4% in AprilMay 11, 2024 | finance.yahoo.comVertex, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This YearMay 9, 2024 | finanznachrichten.deVertex Inc.: Vertex Announces First Quarter 2024 Financial ResultsMay 9, 2024 | morningstar.comVertex Inc Class AMay 9, 2024 | finance.yahoo.comVertex, Inc. (NASDAQ:VERX) Q1 2024 Earnings Call TranscriptMay 9, 2024 | investorplace.comVTNR Stock Earnings: Vertex Energy Misses EPS, Beats Revenue for Q1 2024May 9, 2024 | finance.yahoo.comVertex First Quarter 2024 Earnings: Beats ExpectationsMay 9, 2024 | markets.businessinsider.comBuy Rating Affirmed: Vertex’s Strong Performance and Growth ProspectsMay 9, 2024 | finance.yahoo.comVertex Inc (VERX) Q1 2024 Earnings Call Transcript Highlights: Robust Growth and Strategic InsightsMay 8, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Technology Companies: Shopify (SHOP) and Vertex (VERX)May 8, 2024 | markets.businessinsider.comBuy Rating Affirmed for Vertex Amid Strong Financials and Strategic SAP PartnershipMay 8, 2024 | finance.yahoo.comVertex Inc (VERX) Q1 2024 Earnings: Surpasses Revenue Expectations and Maintains EPS ConsistencyMay 8, 2024 | investorplace.comVERX Stock Earnings: Vertex Beats EPS, Beats Revenue for Q1 2024May 8, 2024 | seekingalpha.comVertex, Inc. 2024 Q1 - Results - Earnings Call PresentationMay 8, 2024 | globenewswire.comVertex Announces First Quarter 2024 Financial ResultsMay 8, 2024 | americanbankingnews.comVertex (NASDAQ:VERX) Stock Rating Reaffirmed by Needham & Company LLCMay 7, 2024 | markets.businessinsider.comBuy Rating Justified by Vertex’s Strong Financial Performance and Growth PotentialApril 28, 2024 | uk.investing.comVertex raises $300 million in convertible notes offeringApril 26, 2024 | finance.yahoo.comVertex, Inc. Announces Closing of Upsized Offering of $345 Million Convertible Senior NotesApril 26, 2024 | globenewswire.comVertex, Inc. Announces Closing of Upsized Offering of $345 Million Convertible Senior NotesApril 24, 2024 | investing.comVertex announces $250 million convertible notes offeringApril 24, 2024 | investing.comVertex forecasts revenue jump in Q1, expects higher earningsSee More Headlines Receive VERX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Vertex and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/29/2024Today5/18/2024Next Earnings (Estimated)8/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Prepackaged software Sub-IndustryN/A Current SymbolNASDAQ:VERX CUSIPN/A CIK1806837 Webwww.vertexinc.com Phone800-355-3500FaxN/AEmployees1,500Year FoundedN/APrice Target and Rating Average Stock Price Target$35.67 High Stock Price Target$45.00 Low Stock Price Target$29.00 Potential Upside/Downside+9.3%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.04 Trailing P/E Ratio815.75 Forward P/E Ratio88.19 P/E Growth8.59Net Income$-13,090,000.00 Net Margins1.29% Pretax Margin-2.51% Return on Equity18.67% Return on Assets5.98% Debt Debt-to-Equity Ratio0.17 Current Ratio0.60 Quick Ratio0.60 Sales & Book Value Annual Sales$572.39 million Price / Sales8.80 Cash Flow$0.74 per share Price / Cash Flow43.86 Book Value$1.62 per share Price / Book20.14Miscellaneous Outstanding Shares154,340,000Free Float84,884,000Market Cap$5.04 billion OptionableOptionable Beta0.65 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. David DeStefano (Age 61)CEO, President & Chairman of the Board Comp: $1.25MMr. John R. Schwab (Age 56)Chief Financial Officer Comp: $837.45kMr. Bryan T. R. Rowland (Age 44)VP, General Counsel & Secretary Comp: $501.35kMr. Ray WestphalFounderMr. Ryan J. Leib (Age 46)Chief Accounting Officer Mr. Salvatore Visca (Age 58)Chief Technology Officer Mr. Ben AskinChief Digital & Information OfficerMr. Joseph J. CrivelliVice President of Investor RelationsMr. Jeff FoucherChief Marketing OfficerMr. Nigel RughaniVice President of Corporate DevelopmentMore ExecutivesKey CompetitorsVaronis SystemsNASDAQ:VRNSZoomInfo TechnologiesNASDAQ:ZICommvault SystemsNASDAQ:CVLTClearwater AnalyticsNYSE:CWANWorkivaNYSE:WKView All CompetitorsInsiders & InstitutionsComerica BankBought 24,851 shares on 5/17/2024Ownership: 0.150%Janus Henderson Group PLCSold 10,113 shares on 5/16/2024Ownership: 0.550%Silvercrest Asset Management Group LLCBought 85,237 shares on 5/16/2024Ownership: 0.462%California State Teachers Retirement SystemBought 2,719 shares on 5/16/2024Ownership: 0.030%Bayesian Capital Management LPBought 10,100 shares on 5/16/2024Ownership: 0.007%View All Insider TransactionsView All Institutional Transactions VERX Stock Analysis - Frequently Asked Questions Should I buy or sell Vertex stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Vertex in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" VERX shares. View VERX analyst ratings or view top-rated stocks. What is Vertex's stock price target for 2024? 10 brokerages have issued 12-month price objectives for Vertex's stock. Their VERX share price targets range from $29.00 to $45.00. On average, they anticipate the company's stock price to reach $35.67 in the next year. This suggests a possible upside of 9.3% from the stock's current price. View analysts price targets for VERX or view top-rated stocks among Wall Street analysts. How have VERX shares performed in 2024? Vertex's stock was trading at $26.94 at the beginning of the year. Since then, VERX shares have increased by 21.1% and is now trading at $32.63. View the best growth stocks for 2024 here. When is Vertex's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024. View our VERX earnings forecast. How were Vertex's earnings last quarter? Vertex, Inc. (NASDAQ:VERX) issued its quarterly earnings data on Thursday, February, 29th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.02. The company had revenue of $154.91 million for the quarter, compared to analysts' expectations of $146.44 million. Vertex had a trailing twelve-month return on equity of 18.67% and a net margin of 1.29%. What ETFs hold Vertex's stock? ETFs with the largest weight of Vertex (NASDAQ:VERX) stock in their portfolio include Alger Weatherbie Enduring Growth ETF (AWEG), Invesco Dorsey Wright Technology Momentum ETF (PTF), Fidelity Cloud Computing ETF (FCLD), SPDR S&P Software & Services ETF (XSW) and First Trust US Equity Opportunities ETF (FPX).Global X FinTech Thematic ETF (FINX). What guidance has Vertex issued on next quarter's earnings? Vertex issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $159.0 million-$162.0 million, compared to the consensus revenue estimate of $160.4 million. What other stocks do shareholders of Vertex own? Based on aggregate information from My MarketBeat watchlists, some companies that other Vertex investors own include Adobe (ADBE), BigCommerce (BIGC), Carnival Co. & (CCL), Coupa Software (COUP), Delta Air Lines (DAL), GW Pharmaceuticals (GWPH), Intel (INTC), Micron Technology (MU), nCino (NCNO) and Applied Genetic Technologies (AGTC). When did Vertex IPO? Vertex (VERX) raised $318 million in an IPO on Wednesday, July 29th 2020. The company issued 21,200,000 shares at a price of $14.00-$16.00 per share. Goldman Sachs and Morgan Stanley acted as the underwriters for the IPO and BofA Securities, Citigroup, Jefferies, JMP Securities, Stifel, William Blair and CastleOak Securities were co-managers. Who are Vertex's major shareholders? Vertex's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.75%), Conestoga Capital Advisors LLC (1.82%), TimesSquare Capital Management LLC (0.90%), Pembroke Management LTD (0.60%), Janus Henderson Group PLC (0.55%) and William Blair Investment Management LLC (0.47%). Insiders that own company stock include 2020 Irrevocable Trust For Ben, Bryan TR Rowland, David Destefano, Eric C Andersen, Item Second Irr Trust Fbo Ann, Item Second Irr Trust Fbo Jac, Item Second Irr Trust Fbo Kyl, Jeffery Westphal, Jeffrey Westphal, John R Schwab, John Richard Stamm, Kevin L Robert, Lisa Butler and Tensile Capital Management Lp. View institutional ownership trends. How do I buy shares of Vertex? Shares of VERX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:VERX) was last updated on 5/18/2024 by MarketBeat.com Staff From Our PartnersDems have chosen Biden replacement?Paradigm PressThe Overlooked Retirement Asset You Probably Don’t OwnCrypto 101 MediaCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingHe called Apple at $1.49 and now he says: “Buy these 6 AI stocks.”InvestorPlaceNext President (Not Trump. Not Biden.)The Freeport SocietyWhat’s Really Next for America…Porter & CompanyExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersProtect Your Bank Account Before It’s Too LateWeiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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