56X Stock Overview
Provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 5/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Vertex, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$51.00 |
| 52 Week High | US$51.50 |
| 52 Week Low | US$21.20 |
| Beta | 0.67 |
| 11 Month Change | 32.81% |
| 3 Month Change | 51.79% |
| 1 Year Change | 100.79% |
| 33 Year Change | 209.09% |
| 5 Year Change | n/a |
| Change since IPO | 165.87% |
Recent News & Updates
Recent updates
Shareholder Returns
| 56X | DE Software | DE Market | |
|---|---|---|---|
| 7D | 9.9% | 2.1% | 0.8% |
| 1Y | 100.8% | 53.9% | 9.1% |
Return vs Industry: 56X exceeded the German Software industry which returned 55.4% over the past year.
Return vs Market: 56X exceeded the German Market which returned 8.5% over the past year.
Price Volatility
| 56X volatility | |
|---|---|
| 56X Average Weekly Movement | 6.2% |
| Software Industry Average Movement | 5.2% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in DE Market | 10.8% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: 56X has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: 56X's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1978 | 1,500 | David DeStefano | www.vertexinc.com |
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.
Vertex, Inc. Fundamentals Summary
| 56X fundamental statistics | |
|---|---|
| Market cap | €8.00b |
| Earnings (TTM) | €28.97m |
| Revenue (TTM) | €612.87m |
281.5x
P/E Ratio13.3x
P/S RatioIs 56X overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 56X income statement (TTM) | |
|---|---|
| Revenue | US$643.23m |
| Cost of Revenue | US$240.63m |
| Gross Profit | US$402.61m |
| Other Expenses | US$372.20m |
| Earnings | US$30.40m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.19 |
| Gross Margin | 62.59% |
| Net Profit Margin | 4.73% |
| Debt/Equity Ratio | 129.2% |
How did 56X perform over the long term?
See historical performance and comparison