NASDAQ:VERX Vertex (VERX) Stock Price, News & Analysis $35.25 -0.64 (-1.78%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$35.14▼$36.1650-Day Range$34.62▼$40.0152-Week Range$20.48▼$40.05Volume465,627 shsAverage Volume788,406 shsMarket Capitalization$5.48 billionP/E Ratio881.25Dividend YieldN/APrice Target$37.30 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Vertex alerts: Email Address Vertex MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside5.8% Upside$37.30 Price TargetShort InterestHealthy3.74% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.74Based on 6 Articles This WeekInsider TradingSelling Shares$64.11 M Sold Last QuarterProj. Earnings Growth35.29%From $0.34 to $0.46 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.2.67 out of 5 starsComputer And Technology Sector340th out of 594 stocksPrepackaged Software Industry113th out of 202 stocks 2.4 Analyst's Opinion Consensus RatingVertex has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageVertex has been the subject of 5 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 3.0 Short Interest Percentage of Shares Shorted3.74% 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 5.8.Change versus previous monthShort interest in Vertex has recently decreased by 1.69%, indicating that investor sentiment is improving. 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 2.6 News and Social Media Coverage News SentimentVertex has a news sentiment score of 0.74. 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 0.50 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Vertex this week, compared to 5 articles on an average week.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 $64,107,653.00 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 35.29% in the coming year, from $0.34 to $0.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Vertex is 881.25, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 128.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Vertex is 881.25, 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 281.50.Price to Earnings Growth RatioVertex has a PEG Ratio of 10.31. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioVertex has a P/B Ratio of 23.50. 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 Weiss Ratings“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.Learn these 4 simple steps and protect your savings before it’s too late. 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 HeadlinesAugust 28, 2024 | insidertrades.comInsider Selling: Vertex, Inc. (NASDAQ:VERX) Major Shareholder Sells 158,900 Shares of StockAugust 28, 2024 | insidertrades.comJohn Richard Stamm Sells 16,000 Shares of Vertex, Inc. (NASDAQ:VERX) StockSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.September 6 at 6:43 PM | msn.comVertex Acquires ecosio to Enhance E-Invoicing CapabilitiesSeptember 6 at 4:05 PM | globenewswire.comVertex to Present at Goldman Sachs ConferenceSeptember 4 at 7:05 AM | globenewswire.comVertex Completes Acquisition of ecosioAugust 29, 2024 | americanbankingnews.comItem Second Irr. Trust Fbo Kyl Sells 158,900 Shares of Vertex, Inc. (NASDAQ:VERX) StockAugust 28, 2024 | americanbankingnews.comJohn R. Schwab Sells 25,000 Shares of Vertex, Inc. (NASDAQ:VERX) StockSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.August 21, 2024 | seekingalpha.comVertex, Inc.: Growth Momentum Continues With FCF Conversion Rates Inflecting UpwardsAugust 19, 2024 | markets.businessinsider.comBuy Rating for Vertex Inc.: Strong Demand, Strategic Acquisitions, and ERP Opportunities Fuel Growth OutlookAugust 9, 2024 | finance.yahoo.comReturns On Capital Are Showing Encouraging Signs At Vertex (NASDAQ:VERX)August 9, 2024 | markets.businessinsider.comVertex’s Strong Financials and Strategic Growth Merit Buy RatingAugust 9, 2024 | seekingalpha.comVertex, Inc. (VERX) Q2 2024 Earnings Call TranscriptAugust 9, 2024 | markets.businessinsider.comNeutral Hold Rating on Vertex Amidst Mixed Q2 Performance and Strategic AcquisitionAugust 9, 2024 | msn.comVertex, Inc. Shines with Strong Financials and Strategic Growth InitiativesAugust 7, 2024 | bizjournals.comKing of Prussia's Vertex to buy Austrian company for up to $180MAugust 7, 2024 | markets.businessinsider.comBuy Rating Affirmed for Vertex on Strong Q2 Performance and Promising Growth OutlookSee 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 Earnings8/07/2024Today9/07/2024Next Earnings (Estimated)11/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Prepackaged software Sub-IndustryComputer Software Current SymbolNASDAQ:VERX CUSIPN/A CIK1806837 Webwww.vertexinc.com Phone800-355-3500FaxN/AEmployees1,500Year FoundedN/APrice Target and Rating Average Stock Price Target$37.30 High Stock Price Target$47.00 Low Stock Price Target$29.00 Potential Upside/Downside+5.8%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$0.04 Trailing P/E Ratio881.25 Forward P/E Ratio103.68 P/E Growth10.31Net Income$-13,090,000.00 Net Margins3.20% Pretax Margin-0.59% Return on Equity22.32% Return on Assets6.55% Debt Debt-to-Equity Ratio1.43 Current Ratio1.17 Quick Ratio1.17 Sales & Book Value Annual Sales$572.39 million Price / Sales9.58 Cash Flow$0.72 per share Price / Cash Flow48.99 Book Value$1.50 per share Price / Book23.50Miscellaneous Outstanding Shares155,520,000Free Float85,313,000Market Cap$5.48 billion OptionableOptionable Beta0.69 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. 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 CompetitorsDattoNYSE:MSPVaronis SystemsNASDAQ:VRNSSailPoint TechnologiesNYSE:SAILACI WorldwideNASDAQ:ACIWAltair EngineeringNASDAQ:ALTRView All CompetitorsInsiders & InstitutionsItem Second Irr. Trust Fbo KylSold 158,900 sharesTotal: $5.92 M ($37.27/share)John R SchwabSold 25,000 sharesTotal: $895,250.00 ($35.81/share)John Richard StammSold 16,000 sharesTotal: $575,200.00 ($35.95/share)Truist Financial CorpSold 4,415 shares on 8/21/2024Ownership: 0.037%Driehaus Capital Management LLCBought 615,061 shares on 8/16/2024Ownership: 0.397%View All Insider TransactionsView All Institutional Transactions VERX Stock Analysis - Frequently Asked Questions How have VERX shares performed this year? Vertex's stock was trading at $26.94 on January 1st, 2024. Since then, VERX stock has increased by 30.8% and is now trading at $35.25. View the best growth stocks for 2024 here. How were Vertex's earnings last quarter? Vertex, Inc. (NASDAQ:VERX) released its quarterly earnings results on Wednesday, August, 7th. The company reported $0.15 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.02. The company's revenue was up 15.3% compared to the same quarter last year. 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 $14.00-$16.00 per share. Goldman Sachs and Morgan Stanley served 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 top institutional investors include Fred Alger Management LLC (2.64%), Conestoga Capital Advisors LLC (1.81%), Legacy Advisors LLC (1.39%) and Banque Pictet & Cie SA (0.61%). Insiders that own company stock include Tensile Capital Management Lp, Item Second Irr Trust Fbo Kyl, Item Second Irr Trust Fbo Jac, Item Second Irr Trust Fbo Ann, Jeffrey Westphal, David Destefano, Eric C Andersen, John R Schwab, Kevin L Robert, John Richard Stamm, Jeffery Westphal, Bryan TR Rowland, Lisa Butler and 2020 Irrevocable Trust For Ben. 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. What other stocks do shareholders of Vertex own? Based on aggregate information from My MarketBeat watchlists, some other companies that Vertex investors own include Adobe (ADBE), BigCommerce (BIGC), Carnival Co. & (CCL), Coupa Software (COUP), Delta Air Lines (DAL), GW Pharmaceuticals (GWPH) and Intel (INTC). This page (NASDAQ:VERX) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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