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Vertex NasdaqGM:VERX Stock Report

Last Price

US$29.53

Market Cap

US$4.6b

7D

3.2%

1Y

43.0%

Updated

28 Apr, 2024

Data

Company Financials +

VERX Stock Overview

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.

VERX fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Vertex, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Vertex
Historical stock prices
Current Share PriceUS$29.53
52 Week HighUS$35.38
52 Week LowUS$17.59
Beta0.61
1 Month Change-7.02%
3 Month Change16.17%
1 Year Change43.00%
3 Year Change44.54%
5 Year Changen/a
Change since IPO23.40%

Recent News & Updates

Health Check: How Prudently Does Vertex (NASDAQ:VERX) Use Debt?

Apr 18
Health Check: How Prudently Does Vertex (NASDAQ:VERX) Use Debt?

Vertex: EPS Better Than Expected, Cloud Offerings, And Cheap

Mar 19

Recent updates

Health Check: How Prudently Does Vertex (NASDAQ:VERX) Use Debt?

Apr 18
Health Check: How Prudently Does Vertex (NASDAQ:VERX) Use Debt?

Vertex: EPS Better Than Expected, Cloud Offerings, And Cheap

Mar 19

A Look At The Fair Value Of Vertex, Inc. (NASDAQ:VERX)

Nov 13
A Look At The Fair Value Of Vertex, Inc. (NASDAQ:VERX)

An Intrinsic Calculation For Vertex, Inc. (NASDAQ:VERX) Suggests It's 30% Undervalued

Aug 14
An Intrinsic Calculation For Vertex, Inc. (NASDAQ:VERX) Suggests It's 30% Undervalued

Vertex, Inc. (NASDAQ:VERX) Investors Are Less Pessimistic Than Expected

May 22
Vertex, Inc. (NASDAQ:VERX) Investors Are Less Pessimistic Than Expected

Calculating The Intrinsic Value Of Vertex, Inc. (NASDAQ:VERX)

Apr 09
Calculating The Intrinsic Value Of Vertex, Inc. (NASDAQ:VERX)

Vertex, Inc. (NASDAQ:VERX) Shares Could Be 21% Below Their Intrinsic Value Estimate

Dec 29
Vertex, Inc. (NASDAQ:VERX) Shares Could Be 21% Below Their Intrinsic Value Estimate

Vertex Growth Remains Challenged Despite Integration Push

Oct 01

Is Vertex, Inc. (NASDAQ:VERX) Trading At A 34% Discount?

Aug 31
Is Vertex, Inc. (NASDAQ:VERX) Trading At A 34% Discount?

Vertex: A Valuation Re-Rating Play Of A Non-Discretionary Business

Aug 27

Vertex reports Q2 earnings; raises FY22 revenue guidance and issues Q3 outlook

Aug 09

There's Been No Shortage Of Growth Recently For Vertex's (NASDAQ:VERX) Returns On Capital

Jul 30
There's Been No Shortage Of Growth Recently For Vertex's (NASDAQ:VERX) Returns On Capital

Calculating The Intrinsic Value Of Vertex, Inc. (NASDAQ:VERX)

May 05
Calculating The Intrinsic Value Of Vertex, Inc. (NASDAQ:VERX)

Vertex: Nothing Too Special

Apr 04

Returns Are Gaining Momentum At Vertex (NASDAQ:VERX)

Apr 03
Returns Are Gaining Momentum At Vertex (NASDAQ:VERX)

Shareholder Returns

VERXUS SoftwareUS Market
7D3.2%2.5%2.9%
1Y43.0%35.0%22.2%

Return vs Industry: VERX exceeded the US Software industry which returned 33.9% over the past year.

Return vs Market: VERX exceeded the US Market which returned 21.9% over the past year.

Price Volatility

Is VERX's price volatile compared to industry and market?
VERX volatility
VERX Average Weekly Movement10.6%
Software Industry Average Movement8.0%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: VERX has not had significant price volatility in the past 3 months.

Volatility Over Time: VERX's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
19781,500David DeStefanowww.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

How do Vertex's earnings and revenue compare to its market cap?
VERX fundamental statistics
Market capUS$4.56b
Earnings (TTM)-US$13.09m
Revenue (TTM)US$572.39m

8.0x

P/S Ratio

-348.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VERX income statement (TTM)
RevenueUS$572.39m
Cost of RevenueUS$223.81m
Gross ProfitUS$348.58m
Other ExpensesUS$361.67m
Earnings-US$13.09m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 08, 2024

Earnings per share (EPS)-0.085
Gross Margin60.90%
Net Profit Margin-2.29%
Debt/Equity Ratio18.4%

How did VERX perform over the long term?

See historical performance and comparison
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