VERX 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 | 0/6 |
| Future Growth | 5/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
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Vertex, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$53.53 |
| 52 Week High | US$57.74 |
| 52 Week Low | US$23.31 |
| Beta | 0.76 |
| 1 Month Change | -0.56% |
| 3 Month Change | 39.77% |
| 1 Year Change | 98.70% |
| 3 Year Change | 213.04% |
| 5 Year Change | n/a |
| Change since IPO | 123.69% |
Recent News & Updates
Vertex, Inc.'s (NASDAQ:VERX) Shares Climb 28% But Its Business Is Yet to Catch Up
Nov 22
Vertex, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Nov 09There's Been No Shortage Of Growth Recently For Vertex's (NASDAQ:VERX) Returns On Capital
Oct 24Recent updates
Vertex, Inc.'s (NASDAQ:VERX) Shares Climb 28% But Its Business Is Yet to Catch Up
Nov 22Vertex, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Nov 09There's Been No Shortage Of Growth Recently For Vertex's (NASDAQ:VERX) Returns On Capital
Oct 24Vertex, Inc.: Growth Momentum Continues With FCF Conversion Rates Inflecting Upwards
Aug 21Vertex's (NASDAQ:VERX) Performance Is Even Better Than Its Earnings Suggest
Aug 14Calculating The Intrinsic Value Of Vertex, Inc. (NASDAQ:VERX)
Aug 02Pinning Down Vertex, Inc.'s (NASDAQ:VERX) P/S Is Difficult Right Now
Jun 10Health Check: How Prudently Does Vertex (NASDAQ:VERX) Use Debt?
Apr 18Vertex: EPS Better Than Expected, Cloud Offerings, And Cheap
Mar 19Vertex Growth Remains Challenged Despite Integration Push
Oct 01Vertex: A Valuation Re-Rating Play Of A Non-Discretionary Business
Aug 27Vertex reports Q2 earnings; raises FY22 revenue guidance and issues Q3 outlook
Aug 09Shareholder Returns
| VERX | US Software | US Market | |
|---|---|---|---|
| 7D | 2.2% | -2.2% | -2.4% |
| 1Y | 98.7% | 22.4% | 23.4% |
Return vs Industry: VERX exceeded the US Software industry which returned 22.4% over the past year.
Return vs Market: VERX exceeded the US Market which returned 23.4% over the past year.
Price Volatility
| VERX volatility | |
|---|---|
| VERX Average Weekly Movement | 5.9% |
| Software Industry Average Movement | 7.9% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: VERX has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: VERX'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
| VERX fundamental statistics | |
|---|---|
| Market cap | US$8.35b |
| Earnings (TTM) | US$30.40m |
| Revenue (TTM) | US$643.23m |
274.6x
P/E Ratio13.0x
P/S RatioIs VERX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VERX 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 VERX perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:04 |
| End of Day Share Price | 2024/12/20 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Vertex, Inc. is covered by 16 analysts. 12 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 |