Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Vertex Inc Market Cap
The Vertex Inc (VERX) share price is expected to increase by 2.87% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered VERX. Price targets range from $35 at the low end to $50 at the high end. The current analyst consensus for VERX is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
Vertex Inc has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that Vertex Inc will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of VERX.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Patrick Walravens JMP Securities | Market Outperform | $47 | Maintains | Jul 31, 2024 |
| Rob Oliver Baird | Outperform | $43 | Initiates | Jul 23, 2024 |
| Steven Enders Citigroup | Neutral | $36 | Maintains | Jun 28, 2024 |
| Joshua Reilly Needham | Buy | $45 | Reiterates | Jun 13, 2024 |
| Joshua Reilly Needham | Buy | $45 | Reiterates | May 9, 2024 |
| Joshua Reilly Needham | Buy | $45 | Reiterates | May 6, 2024 |
| Brad Sills B of A Securities | Neutral | $34 | Maintains | Apr 23, 2024 |
| Steven Enders Citigroup | Neutral | $32 | Maintains | Apr 23, 2024 |
| Patrick Walravens JMP Securities | Market Outperform | $42 | Reiterates | Apr 23, 2024 |
| Adam Hotchkiss Goldman Sachs | Buy | $39 | Maintains | Mar 4, 2024 |
| Brad Sills B of A Securities | Neutral | $40 | Upgrade | Mar 1, 2024 |
| Joshua Reilly Needham | Buy | $45 | Maintains | Mar 1, 2024 |
| Samad Samana Jefferies | Hold | $35 | Maintains | Mar 1, 2024 |
| Daniel Jester BMO Capital | Market Perform | $35 | Maintains | Mar 1, 2024 |
| Joe Goodwin JMP Securities | Market Outperform | $42 | Maintains | Mar 1, 2024 |
| Adam Hotchkiss Goldman Sachs | Buy | $39 | Maintains | Mar 1, 2024 |
| Joshua Reilly Needham | Buy | $35 | Reiterates | Jan 16, 2024 |
| Steven Enders Citigroup | Neutral | $27 | Maintains | Jan 12, 2024 |
| Adam Hotchkiss Goldman Sachs | Buy | $33 | Maintains | Nov 10, 2023 |
| Alexander Sklar Raymond James | Outperform | $29 | Maintains | Nov 10, 2023 |
When did it IPO
2020
Staff Count
1,500
Country
United States
Sector/Industry
Technology/Software—Application
CEO
Mr. David DeStefano
Market Cap
$6.30B
In 2023, VERX generated $572.4M in revenue, which was a increase of 16.43% from the previous year. This can be seen as a signal that VERX's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 17 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Investors may consider the GARP strategy for a balanced portfolio, with HCA, HUBB, RACE, and VERX identified as promising stock options.
Why It Matters - The GARP strategy highlights a balanced approach to value and growth, suggesting that stocks like HCA, HUBB, RACE, and VERX could present attractive investment opportunities.
Fri, 06 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Vertex, Inc. (NASDAQ:VERX) executives will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference on September 9, 2024, at 9:30 AM PT.
Why It Matters - The participation of Vertex, Inc.'s CEO and CFO in a prominent conference can signal company visibility and potential insights into future performance, impacting investor sentiment and stock valuation.
Wed, 04 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Vertex Inc. (NASDAQ: VERX) has acquired ecosio, a B2B integration firm specializing in EDI and e-invoicing, effective August 30, 2024.
Why It Matters - Vertex's acquisition of ecosio enhances its product offerings in EDI and e-invoicing, potentially increasing market share and revenue, which could positively impact stock performance.
Tue, 03 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Vertex (VERX) shares are gaining momentum, supported by positive earnings estimate revisions, suggesting potential for further increases in the near term.
Why It Matters - Rising earnings estimate revisions suggest strong financial performance for Vertex (VERX), potentially leading to increased investor confidence and higher share prices.
Mon, 02 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Vertex (VERX) shows above-average growth in financials, indicating a strong potential to outperform the market.
Why It Matters - Vertex's above-average growth signals potential for higher returns, attracting investor interest and possibly boosting stock performance.
Mon, 02 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - The GARP strategy identifies undervalued stocks with strong growth potential. Notable stocks include HCA, ADBE, WRB, and VERX.
Why It Matters - The GARP strategy highlights potential growth stocks trading below their value, suggesting HCA, ADBE, WRB, and VERX may offer attractive investment opportunities.
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