56X Stock Overview
Provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 5/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Vertex, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$32.40 |
| 52 Week High | US$36.40 |
| 52 Week Low | US$20.20 |
| Beta | 0.68 |
| 11 Month Change | -4.14% |
| 3 Month Change | -2.99% |
| 1 Year Change | 52.83% |
| 33 Year Change | 96.36% |
| 5 Year Change | n/a |
| Change since IPO | 68.91% |
Recent News & Updates
Recent updates
Shareholder Returns
| 56X | DE Software | DE Market | |
|---|---|---|---|
| 7D | -2.4% | 0.8% | 4.5% |
| 1Y | 52.8% | 63.8% | 13.4% |
Return vs Industry: 56X underperformed the German Software industry which returned 63.8% over the past year.
Return vs Market: 56X exceeded the German Market which returned 13.4% over the past year.
Price Volatility
| 56X volatility | |
|---|---|
| 56X Average Weekly Movement | 5.2% |
| Software Industry Average Movement | 5.0% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in DE Market | 11.8% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: 56X has not had significant price volatility in the past 3 months.
Volatility Over Time: 56X's weekly volatility (5%) 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 | €5.12b |
| Earnings (TTM) | €17.72m |
| Revenue (TTM) | €553.32m |
288.7x
P/E Ratio9.2x
P/S RatioIs 56X overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 56X income statement (TTM) | |
|---|---|
| Revenue | US$617.83m |
| Cost of Revenue | US$237.59m |
| Gross Profit | US$380.24m |
| Other Expenses | US$360.46m |
| Earnings | US$19.78m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.13 |
| Gross Margin | 61.54% |
| Net Profit Margin | 3.20% |
| Debt/Equity Ratio | 143.3% |
How did 56X perform over the long term?
See historical performance and comparison