Vertex/VERX

$33.24

1.34%
-
1D1W1MYTD1YMAX

About Vertex

Vertex, Inc. is a provider of enterprise tax technology solutions. The Company operates as a solution provider of state, local and value-added tax calculation, compliance and analytics, offering software products which are sold through software license and software as a service (cloud) subscription. The Company also provides implementation and training services in connection with its software license and cloud subscriptions, transaction tax returns outsourcing, and other tax-related services. The Company offers its services to customers located throughout the United States of America and internationally. It offers a range of solutions, including tax determination, compliance and reporting, tax data management, document management, analytics and insights, pre-built integrations, industry-specific solutions, implementation services, and managed services. The Company offers various managed services, including indirect tax return preparation, filing and tax payment and notice management.

Ticker

VERX

Sector

Technology

Trading on

NASDAQ

Industry

Software & Programming

CEO

David DeStefano

Employees

1,500

Headquarters

King of prussia, United States

Vertex Metrics

BasicAdvanced
$5.2B
Market cap
688.74
P/E ratio
$0.05
EPS
0.68
Beta
-
Dividend rate
$5.2B
0.68216
$35.38
$17.59
821K
0.603
17.391
18.414
555.3
-0.3%
1.04%
3.26%
2.5%
688.739
8.765
20.88
246.968
17.08%
124.43%
15.17%

What the Analysts think about Vertex

Analyst Ratings

Majority rating from 11 analysts.
Buy

Price Targets

Average projection from 10 analysts.
10.11% upside
High $45.00
Low $30.00
$33.24
Current price
$36.60
Average price target

Vertex Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
1.65% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$157M
1.16%
Net income
$2.6M
-83.01%
Profit margin
1.65%
-83.28%

Vertex Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 16.53%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.08
$0.10
$0.13
$0.15
-
Expected
$0.08
$0.09
$0.11
$0.13
$0.13
Surprise
-1.96%
10.5%
14.77%
16.53%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Vertex stock?

Vertex (VERX) has a market cap of $5.2B as of May 29, 2024.

What is the P/E ratio for Vertex stock?

The price to earnings (P/E) ratio for Vertex (VERX) stock is 688.74 as of May 29, 2024.

Does Vertex stock pay dividends?

No, Vertex (VERX) stock does not pay dividends to its shareholders as of May 29, 2024.

When is the next Vertex dividend payment date?

Vertex (VERX) stock does not pay dividends to its shareholders.

What is the beta indicator for Vertex?

Vertex (VERX) has a beta rating of 0.68. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Vertex stock price target?

The target price for Vertex (VERX) stock is $36.6, which is 10.11% above the current price of $33.24. This is an average based on projections from 10 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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