NASDAQ:VERX Vertex (VERX) Stock Price, News & Analysis → Shocking: One AI startup's revenue could surge 4,735% (From Manward Press) (Ad) Free VERX Stock Alerts $31.70 +1.17 (+3.83%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$30.52▼$32.2450-Day Range$27.94▼$32.5752-Week Range$17.59▼$35.38Volume1.19 million shsAverage Volume1.07 million shsMarket Capitalization$4.89 billionP/E Ratio792.50Dividend YieldN/APrice Target$35.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Vertex alerts: Email Address Vertex MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside12.5% Upside$35.67 Price TargetShort InterestBearish1.88% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.74Based on 27 Articles This WeekInsider TradingSelling Shares$35.03 M Sold Last QuarterProj. Earnings Growth47.22%From $0.36 to $0.53 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.3.24 out of 5 starsComputer And Technology Sector283rd out of 601 stocksPrepackaged Software Industry95th out of 204 stocks 3.3 Analyst's Opinion Consensus RatingVertex has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageVertex has been the subject of 7 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 2.0 Short Interest Percentage of Shares Shorted1.88% 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 4.Change versus previous monthShort interest in Vertex has recently increased by 116.42%, indicating that investor sentiment is decreasing significantly. 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 27 news articles for Vertex this week, compared to 4 articles on an average week.Search InterestOnly 3 people have searched for VERX on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Vertex to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% 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 $35,034,678.00 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 47.22% in the coming year, from $0.36 to $0.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Vertex is 792.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 137.82.Price to Earnings Ratio vs. SectorThe P/E ratio of Vertex is 792.50, 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 258.89.Price to Earnings Growth RatioVertex has a PEG Ratio of 7.87. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioVertex has a P/B Ratio of 19.57. 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 Colonial MetalsCollapse of the Petrodollar The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar. For one main reason.In answer to this issue, we have released a Special Report to the public. 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 HeadlinesMay 11, 2024 | finance.yahoo.comVertex, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This YearMay 9, 2024 | finanznachrichten.deVertex Inc.: Vertex Announces First Quarter 2024 Financial ResultsMay 12, 2024 | Manward Press (Ad)Shocking: One AI startup's revenue could surge 4,735%Shocking: One AI Startup's Revenue Could Surge 4,735% While Nvidia gets all the attention, one small AI startup is quietly positioning itself to be the biggest winner.May 9, 2024 | morningstar.comVertex Inc Class AMay 9, 2024 | finance.yahoo.comVertex, Inc. (NASDAQ:VERX) Q1 2024 Earnings Call TranscriptMay 9, 2024 | investorplace.comVTNR Stock Earnings: Vertex Energy Misses EPS, Beats Revenue for Q1 2024May 9, 2024 | finance.yahoo.comVertex First Quarter 2024 Earnings: Beats ExpectationsMay 9, 2024 | markets.businessinsider.comBuy Rating Affirmed: Vertex’s Strong Performance and Growth ProspectsMay 12, 2024 | Manward Press (Ad)Shocking: One AI startup's revenue could surge 4,735%Shocking: One AI Startup's Revenue Could Surge 4,735% While Nvidia gets all the attention, one small AI startup is quietly positioning itself to be the biggest winner.May 9, 2024 | finance.yahoo.comVertex Inc (VERX) Q1 2024 Earnings Call Transcript Highlights: Robust Growth and Strategic InsightsMay 8, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Technology Companies: Shopify (SHOP) and Vertex (VERX)May 8, 2024 | markets.businessinsider.comBuy Rating Affirmed for Vertex Amid Strong Financials and Strategic SAP PartnershipMay 8, 2024 | finance.yahoo.comVertex Inc (VERX) Q1 2024 Earnings: Surpasses Revenue Expectations and Maintains EPS ConsistencyMay 8, 2024 | investorplace.comVERX Stock Earnings: Vertex Beats EPS, Beats Revenue for Q1 2024May 8, 2024 | seekingalpha.comVertex, Inc. 2024 Q1 - Results - Earnings Call PresentationMay 8, 2024 | globenewswire.comVertex Announces First Quarter 2024 Financial ResultsMay 8, 2024 | americanbankingnews.comVertex (NASDAQ:VERX) Stock Rating Reaffirmed by Needham & Company LLCMay 7, 2024 | markets.businessinsider.comBuy Rating Justified by Vertex’s Strong Financial Performance and Growth PotentialMay 6, 2024 | americanbankingnews.comVertex (VERX) Scheduled to Post Quarterly Earnings on WednesdayMay 5, 2024 | americanbankingnews.comVertex, Inc. (NASDAQ:VERX) Receives Consensus Recommendation of "Moderate Buy" from AnalystsApril 28, 2024 | uk.investing.comVertex raises $300 million in convertible notes offeringApril 26, 2024 | finance.yahoo.comVertex, Inc. Announces Closing of Upsized Offering of $345 Million Convertible Senior NotesApril 26, 2024 | globenewswire.comVertex, Inc. Announces Closing of Upsized Offering of $345 Million Convertible Senior NotesApril 24, 2024 | investing.comVertex announces $250 million convertible notes offeringApril 24, 2024 | investing.comVertex forecasts revenue jump in Q1, expects higher earningsApril 24, 2024 | msn.comVertex, Inc. Reports Strong Preliminary Financial Growth in First QuarterApril 24, 2024 | finanznachrichten.deVertex Inc.: Vertex Provides Preliminary Financial Results for First Quarter 2024 and Announces First Quarter Earnings Call DateSee 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 Earnings2/29/2024Today5/12/2024Next Earnings (Estimated)8/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Prepackaged software Sub-IndustryN/A Current SymbolNASDAQ:VERX CUSIPN/A CIK1806837 Webwww.vertexinc.com Phone800-355-3500FaxN/AEmployees1,500Year FoundedN/APrice Target and Rating Average Stock Price Target$35.67 High Stock Price Target$45.00 Low Stock Price Target$29.00 Potential Upside/Downside+12.5%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.04 Trailing P/E Ratio792.50 Forward P/E Ratio88.06 P/E Growth7.87Net Income$-13,090,000.00 Net Margins1.29% Pretax Margin-2.51% Return on Equity18.67% Return on Assets5.98% Debt Debt-to-Equity Ratio0.17 Current Ratio0.60 Quick Ratio0.60 Sales & Book Value Annual Sales$596.42 million Price / Sales8.20 Cash Flow$0.76 per share Price / Cash Flow41.46 Book Value$1.62 per share Price / Book19.57Miscellaneous Outstanding Shares154,335,000Free Float84,884,000Market Cap$4.89 billion OptionableOptionable Beta0.65 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.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 CompetitorsCommvault SystemsNASDAQ:CVLTWorkivaNYSE:WKClearwater AnalyticsNYSE:CWANVaronis SystemsNASDAQ:VRNSSquarespaceNYSE:SQSPView All CompetitorsInsiders & InstitutionsHillsdale Investment Management Inc.Bought 11,300 shares on 5/11/2024Ownership: 0.092%Vanguard Group Inc.Bought 235,407 shares on 5/10/2024Ownership: 3.752%Pembroke Management LTDBought 666,223 shares on 5/9/2024Ownership: 0.601%William Blair Investment Management LLCSold 611,029 shares on 5/8/2024Ownership: 0.469%Russell Investments Group Ltd.Sold 137,688 shares on 5/8/2024Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions VERX Stock Analysis - Frequently Asked Questions Should I buy or sell Vertex stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Vertex in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" VERX shares. View VERX analyst ratings or view top-rated stocks. What is Vertex's stock price target for 2024? 10 equities research analysts have issued 1 year price targets for Vertex's shares. Their VERX share price targets range from $29.00 to $45.00. On average, they anticipate the company's stock price to reach $35.67 in the next year. This suggests a possible upside of 12.5% from the stock's current price. View analysts price targets for VERX or view top-rated stocks among Wall Street analysts. How have VERX shares performed in 2024? Vertex's stock was trading at $26.94 on January 1st, 2024. Since then, VERX shares have increased by 17.7% and is now trading at $31.70. View the best growth stocks for 2024 here. When is Vertex's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024. View our VERX earnings forecast. How were Vertex's earnings last quarter? Vertex, Inc. (NASDAQ:VERX) issued its earnings results on Thursday, February, 29th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.07 by $0.02. The firm earned $154.91 million during the quarter, compared to analysts' expectations of $146.44 million. Vertex had a net margin of 1.29% and a trailing twelve-month return on equity of 18.67%. What ETFs hold Vertex's stock? ETFs with the largest weight of Vertex (NASDAQ:VERX) stock in their portfolio include Alger Weatherbie Enduring Growth ETF (AWEG), Invesco Dorsey Wright Technology Momentum ETF (PTF), Fidelity Cloud Computing ETF (FCLD), SPDR S&P Software & Services ETF (XSW) and First Trust US Equity Opportunities ETF (FPX).Global X FinTech Thematic ETF (FINX). What guidance has Vertex issued on next quarter's earnings? Vertex issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $159.0 million-$162.0 million, compared to the consensus revenue estimate of $160.4 million. What other stocks do shareholders of Vertex own? Based on aggregate information from My MarketBeat watchlists, some companies that other Vertex investors own include Adobe (ADBE), BigCommerce (BIGC), Carnival Co. & (CCL), Coupa Software (COUP), Delta Air Lines (DAL), GW Pharmaceuticals (GWPH), Intel (INTC), Micron Technology (MU), nCino (NCNO) and Applied Genetic Technologies (AGTC). 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 acted 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 stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.75%), Conestoga Capital Advisors LLC (1.82%), TimesSquare Capital Management LLC (0.90%), Pembroke Management LTD (0.60%), William Blair Investment Management LLC (0.47%) and Allspring Global Investments Holdings LLC (0.25%). Insiders that own company stock include 2020 Irrevocable Trust For Ben, Bryan TR Rowland, David Destefano, Eric C Andersen, Item Second Irr Trust Fbo Ann, Item Second Irr Trust Fbo Jac, Item Second Irr Trust Fbo Kyl, Jeffery Westphal, Jeffrey Westphal, John R Schwab, John Richard Stamm, Kevin L Robert, Lisa Butler and Tensile Capital Management Lp. 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. This page (NASDAQ:VERX) was last updated on 5/12/2024 by MarketBeat.com Staff From Our PartnersThe ONE AI Stock to own now. (It’s not Nvidia.)Weiss RatingsTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaShocking: One AI startup's revenue could surge 4,735%Manward PressMissed NVDA? Buy this AI stock NOWChaikin AnalyticsYou need to know these two things about AI stocks ASAP…InvestorPlace[Webinar] A Deep Dive into Options Volatility: Skew & Relative ValueOICCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingElon to Transform U.S. Economy? Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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