What is DA Davidson's Forecast for Vertex Q3 Earnings?

Key Points

• DA Davidson has projected Vertex, Inc. to earn $0.11 per share in Q3 2025, with a "Strong-Buy" rating on the stock.
• Vertex reported Q2 earnings of $0.15 per share, surpassing the consensus estimate of $0.14, with a revenue of $184.56 million, up 14.6% from the previous year.
• Analysts have given Vertex an average rating of "Moderate Buy" with a projected target price of $44.50, despite recent adjustments from several firms.

Vertex, Inc. (NASDAQ:VERX - Free Report) - Stock analysts at DA Davidson issued their Q3 2025 EPS estimates for Vertex in a note issued to investors on Thursday, August 7th. DA Davidson analyst G. Luria forecasts that the company will earn $0.11 per share for the quarter. DA Davidson has a "Hold" rating on the stock. The consensus estimate for Vertex's current full-year earnings is $0.38 per share. DA Davidson also issued estimates for Vertex's FY2025 earnings at $0.36 EPS and FY2026 earnings at $0.55 EPS.

A number of other equities research analysts have also recently weighed in on the stock. BNP Paribas began coverage on shares of Vertex in a report on Tuesday, April 22nd. They issued an "outperform" rating and a $54.00 price objective on the stock. Needham & Company LLC cut their price target on shares of Vertex from $60.00 to $40.00 and set a "buy" rating on the stock in a report on Wednesday. JMP Securities set a $50.00 price target on shares of Vertex and gave the company a "market outperform" rating in a report on Thursday. The Goldman Sachs Group cut their price target on shares of Vertex from $50.00 to $43.00 and set a "buy" rating on the stock in a report on Thursday. Finally, Bank of America cut their price target on shares of Vertex from $42.00 to $34.00 and set a "neutral" rating on the stock in a report on Friday. Five investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Vertex currently has an average rating of "Moderate Buy" and a consensus target price of $43.69.

Vertex Stock Down 6.6%

VERX traded down $1.82 during midday trading on Friday, reaching $25.67. The company's stock had a trading volume of 3,059,777 shares, compared to its average volume of 1,524,437. The firm has a market capitalization of $4.07 billion, a price-to-earnings ratio of -77.79, a PEG ratio of 3.17 and a beta of 0.70. The company has a current ratio of 0.99, a quick ratio of 0.98 and a debt-to-equity ratio of 1.36. Vertex has a 1 year low of $25.11 and a 1 year high of $60.71. The stock's 50-day moving average is $35.35 and its 200-day moving average is $39.01.

Vertex (NASDAQ:VERX - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The company reported $0.15 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.01. The business had revenue of $184.56 million for the quarter, compared to analysts' expectations of $184.60 million. Vertex had a negative net margin of 7.09% and a positive return on equity of 27.16%. The business's revenue was up 14.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.15 earnings per share.

Insider Activity at Vertex

In related news, CEO David Destefano sold 109,415 shares of the stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $37.70, for a total transaction of $4,124,945.50. Following the transaction, the chief executive officer owned 1,066,587 shares in the company, valued at $40,210,329.90. This represents a 9.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Ryan J. Leib sold 5,755 shares of the stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $38.00, for a total transaction of $218,690.00. The disclosure for this sale can be found here. Insiders have sold 3,520,170 shares of company stock worth $134,479,744 in the last three months. 43.25% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Versant Capital Management Inc purchased a new position in shares of Vertex during the first quarter valued at about $28,000. Fifth Third Bancorp grew its holdings in Vertex by 31.0% during the 2nd quarter. Fifth Third Bancorp now owns 1,467 shares of the company's stock valued at $52,000 after purchasing an additional 347 shares during the last quarter. Blue Trust Inc. grew its holdings in Vertex by 44.4% during the 2nd quarter. Blue Trust Inc. now owns 1,664 shares of the company's stock valued at $59,000 after purchasing an additional 512 shares during the last quarter. Advisors Asset Management Inc. boosted its position in Vertex by 25.7% in the 1st quarter. Advisors Asset Management Inc. now owns 1,933 shares of the company's stock valued at $68,000 after buying an additional 395 shares during the period. Finally, US Bancorp DE boosted its position in Vertex by 88.1% in the 1st quarter. US Bancorp DE now owns 2,024 shares of the company's stock valued at $71,000 after buying an additional 948 shares during the period. 70.32% of the stock is currently owned by institutional investors.

Vertex Company Profile

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.