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

Key Points

• DA Davidson has forecasted that Vertex, Inc. will report earnings of $0.11 per share for Q3 2025, maintaining a "Hold" rating on the stock.
• The company's previous earnings report showed a profit of $0.15 EPS, exceeding analyst expectations and marking a 14.6% year-on-year revenue increase.
• Currently, Vertex has a consensus rating of "Moderate Buy" with an average price target of $41.79.

Vertex, Inc. (NASDAQ:VERX - Free Report) - Equities researchers at DA Davidson issued their Q3 2025 earnings per share estimates for shares of Vertex in a report released on Wednesday, October 22nd. DA Davidson analyst L. Schreiner forecasts that the company will post earnings of $0.11 per share for the quarter. DA Davidson currently 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 $0.37 EPS and FY2026 earnings at $0.57 EPS.

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

Other equities analysts have also recently issued research reports about the stock. Citigroup upgraded shares of Vertex from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 7th. Jefferies Financial Group restated a "buy" rating and set a $35.00 target price on shares of Vertex in a research note on Tuesday. The Goldman Sachs Group set a $43.00 target price on shares of Vertex and gave the company a "buy" rating in a research note on Thursday, August 7th. Stephens began coverage on shares of Vertex in a research note on Friday, September 26th. They set an "overweight" rating and a $30.00 target price on the stock. Finally, Needham & Company LLC lowered their target price on shares of Vertex from $60.00 to $40.00 and set a "buy" rating on the stock in a research note on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $41.79.

Vertex Price Performance

VERX opened at $25.30 on Friday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.99 and a current ratio of 0.99. The stock has a market capitalization of $4.03 billion, a P/E ratio of -76.66, a P/E/G ratio of 5.24 and a beta of 0.63. The company's 50-day simple moving average is $25.06 and its two-hundred day simple moving average is $32.46. Vertex has a 52-week low of $23.13 and a 52-week high of $60.71.

Institutional Investors Weigh In On Vertex

Several hedge funds and other institutional investors have recently made changes to their positions in VERX. Fifth Third Bancorp increased its position in shares of 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. Raymond James Financial Inc. purchased a new stake in shares of Vertex during the 2nd quarter valued at about $54,000. Blue Trust Inc. increased its position in shares of 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. increased its position in shares of Vertex by 25.7% during the 1st quarter. Advisors Asset Management Inc. now owns 1,933 shares of the company's stock valued at $68,000 after purchasing an additional 395 shares during the last quarter. Finally, US Bancorp DE increased its position in shares of Vertex by 88.1% during the 1st quarter. US Bancorp DE now owns 2,024 shares of the company's stock valued at $71,000 after purchasing an additional 948 shares during the last quarter. Hedge funds and other institutional investors own 70.32% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.