56X Stock Overview Provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally. More details
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Price History & Performance
Summary of share price highs, lows and changes for Vertex Historical stock prices Current Share Price US$51.00 52 Week High US$53.50 52 Week Low US$21.20 Beta 0.76 1 Month Change -4.67% 3 Month Change 40.11% 1 Year Change 116.10% 3 Year Change 280.60% 5 Year Change n/a Change since IPO 165.87%
Recent News & Updates
CEO, President & Chairman of the Board recently sold €950k worth of stock Dec 11
CEO, President & Chairman of the Board recently sold €1.3m worth of stock Nov 29
CEO, President & Chairman of the Board recently sold €9.3m worth of stock Nov 19
Third quarter 2024 earnings released: EPS: US$0.046 (vs US$0.022 loss in 3Q 2023) Nov 07
Now 32% overvalued after recent price rise Nov 07
Vertex, Inc. Provides Earnings Guidance for the Fourth Quarter of 2024 and Full-Year 2024 Nov 07 See more updates
CEO, President & Chairman of the Board recently sold €950k worth of stock Dec 11
CEO, President & Chairman of the Board recently sold €1.3m worth of stock Nov 29
CEO, President & Chairman of the Board recently sold €9.3m worth of stock Nov 19
Third quarter 2024 earnings released: EPS: US$0.046 (vs US$0.022 loss in 3Q 2023) Nov 07
Now 32% overvalued after recent price rise Nov 07
Vertex, Inc. Provides Earnings Guidance for the Fourth Quarter of 2024 and Full-Year 2024 Nov 07
Vertex, Inc. to Report Q3, 2024 Results on Nov 06, 2024 Oct 22 Vertex, Inc. Updates Earnings Guidance for the Full Year 2024 Aug 08
New major risk - Revenue and earnings growth Aug 07
Vertex, Inc. (NasdaqGM:VERX) agreed to acquire ecosio GmbH for $180 million. Aug 07
Now 22% overvalued after recent price rise Jul 23
Vertex, Inc. to Report Q2, 2024 Results on Aug 07, 2024 Jul 12
Now 13% overvalued after recent price rise Jul 02
Now 20% overvalued after recent price rise Jun 28 Vertex, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal Year 2024 May 09
First quarter 2024 earnings released: EPS: US$17.40 (vs US$0.12 loss in 1Q 2023) May 08
Vertex, Inc., Annual General Meeting, Jun 12, 2024 May 01
New minor risk - Shareholder dilution Apr 29
Vertex, Inc. to Report Q1, 2024 Results on May 08, 2024 Apr 23
Insider recently sold €70m worth of stock Mar 06
Full year 2023 earnings released: US$0.086 loss per share (vs US$0.082 loss in FY 2022) Mar 01 Vertex, Inc. Provides Earnings Guidance for the First Quarter of 2024 and Full-Year 2024
Vertex, Inc. to Report Q4, 2023 Results on Feb 29, 2024 Feb 02
Insider recently sold €1.6m worth of stock Dec 22 Vertex, Inc. announced that it expects to receive $491.25 million in funding from Silver Lake Technology Management, L.L.C.
New minor risk - Share price stability Nov 11
Third quarter 2023 earnings released: US$0.022 loss per share (vs US$0.008 loss in 3Q 2022) Nov 10
Vertex, Inc. Provides Revenue Guidance for the Fourth Quarter and Full-Year of 2023 Nov 10
Now 23% undervalued Nov 07
Vertex, Inc. to Report Q3, 2023 Results on Nov 09, 2023 Oct 17
Vertex, Inc. Announces the Appointment of Chirag Patel as Chief Strategy Officer Oct 06
Lead Independent Director recently sold €270k worth of stock Aug 17
Second quarter 2023 earnings released: US$0.13 loss per share (vs US$0.037 loss in 2Q 2022) Aug 10
Vertex, Inc. Provides Revenue Guidance for Third Quarter of 2023 and Full-Year 2023 Aug 10
Now 22% undervalued after recent price drop Aug 07
Now 20% undervalued after recent price drop Jul 21
Vertex, Inc. to Report Q2, 2023 Results on Aug 09, 2023 Jul 18
Insider recently sold €5.5m worth of stock Jul 16
Now 20% undervalued after recent price drop Jul 03
Vertex, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2023 May 11
First quarter 2023 earnings released: US$0.12 loss per share (vs US$0.002 loss in 1Q 2022) May 11
Full year 2022 earnings released: US$0.082 loss per share (vs US$0.01 loss in FY 2021) Mar 09
Insider recently sold €2.0m worth of stock Mar 03
Now 20% undervalued after recent price drop Feb 22
Vertex, Inc. to Report Q4, 2022 Results on Mar 08, 2023 Feb 14
Now 22% undervalued after recent price drop Feb 07
CEO, President & Chairman of the Board recently sold €744k worth of stock Dec 16
Independent Director recently sold €196k worth of stock Dec 07
Now 21% undervalued Dec 03
Independent Director recently sold €177k worth of stock Nov 29 Vertex, Inc. has completed a Follow-on Equity Offering in the amount of $22.725 million. Nov 19
Vertex, Inc. has completed a Follow-on Equity Offering in the amount of $22.725 million. Nov 18
Now 20% undervalued Nov 18
Third quarter 2022 earnings released: US$0.008 loss per share (vs US$0.027 loss in 3Q 2021) Nov 10
Vertex, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2022 Nov 10
Insider recently sold €656k worth of stock Nov 04
Now 22% undervalued Oct 21
Vertex, Inc. to Report Q3, 2022 Results on Nov 09, 2022 Oct 19
Chief Accounting Officer recently sold €335k worth of stock Sep 16
Second quarter 2022 earnings released: US$0.037 loss per share (vs US$0.005 profit in 2Q 2021) Aug 10
Vertex, Inc. Provides Financial Guidance for the Third Quarter and Full-Year 2022 Aug 10
Vertex, Inc. to Report Q2, 2022 Results on Aug 09, 2022 Jul 20
Insider recently sold €2.3m worth of stock Jul 06
Less than half of directors are independent Jun 20
Chief Accounting Officer recently sold €467k worth of stock Jun 16
Insider recently sold €546k worth of stock May 27
Vertex, Inc. Provides Financial Guidance for the Second Quarter and Full-Year 2022 May 12
First quarter 2022 earnings released: US$0.002 loss per share (vs US$0.016 profit in 1Q 2021) May 10
Now 20% undervalued May 10
Vertex, Inc. to Report Q1, 2022 Results on May 10, 2022 Apr 20
Co-Owner & Director recently bought €92k worth of stock Mar 18
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Mar 10 Vertex, Inc. to Report Q4, 2021 Results on Mar 09, 2022
Vertex, Inc. Unveils Edge Computing Tax Solution Jan 16
Independent Director recently sold €179k worth of stock Dec 08
VP, General Counsel & Secretary recently sold €372k worth of stock Nov 20
Third quarter 2021 earnings released: US$0.027 loss per share (vs US$0.15 loss in 3Q 2020) Nov 12
Vertex, Inc. (NasdaqGM:VERX) acquired LCR-Dixon. Sep 25
Independent Director recently sold €142k worth of stock Aug 26
Second quarter 2021 earnings released: EPS US$0.005 (vs US$0.24 loss in 2Q 2020) Aug 12 Vertex, Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2021
Vertex Expands Partnership and Releases Integration for Mirakl Marketplace Platform with Full VAT Support Jul 01
Lead Independent Director recently sold €321k worth of stock Jun 10
Co-Owner & Director has left the company May 19 Shareholder Returns 56X DE Software DE Market 7D 1.0% 1.0% 0.7% 1Y 116.1% 69.5% 8.4%
See full shareholder returns
Return vs Market: 56X exceeded the German Market which returned 8.4% over the past year.
Price Volatility Is 56X's price volatile compared to industry and market? 56X volatility 56X Average Weekly Movement 6.1% Software Industry Average Movement 5.0% Market Average Movement 4.9% 10% most volatile stocks in DE Market 12.0% 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 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.
Show more Vertex, Inc. Fundamentals Summary How do Vertex's earnings and revenue compare to its market cap? 56X fundamental statistics Market cap €8.11b Earnings (TTM ) €29.62m Revenue (TTM ) €626.77m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) 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
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
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2025/01/02 18:24 End of Day Share Price 2025/01/02 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
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Analyst Sources Vertex, Inc. is covered by 17 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Robert Oliver Baird Andrew DeGasperi Berenberg Daniel Jester BMO Capital Markets Equity Research
Show 14 more analysts 
