Vertex Future Growth

Future criteria checks 5/6

Vertex is forecast to grow earnings and revenue by 66% and 13.7% per annum respectively. EPS is expected to grow by 37.9% per annum. Return on equity is forecast to be 35% in 3 years.

Key information

66.0%

Earnings growth rate

37.9%

EPS growth rate

Software earnings growth	16.3%
Revenue growth rate	13.7%
Future return on equity	35.0%
Analyst coverage	Good
Last updated	09 May 2024

Recent future growth updates

Recent updates

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

Aug 14

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

May 22

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

Apr 09

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

Dec 29

Vertex Growth Remains Challenged Despite Integration Push

Oct 01

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

Aug 31

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

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

May 05

Vertex: Nothing Too Special

Apr 04

Earnings and Revenue Growth Forecasts

NasdaqGM:VERX - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	895	N/A	N/A	N/A	3
12/31/2025	749	18	95	171	11
12/31/2024	657	-5	56	129	11
3/31/2024	596	8	21	95	N/A
12/31/2023	572	-13	6	74	N/A
9/30/2023	549	-34	1	80	N/A
6/30/2023	530	-31	-9	67	N/A
3/31/2023	509	-30	7	81	N/A
12/31/2022	492	-12	3	64	N/A
9/30/2022	472	-8	6	63	N/A
6/30/2022	457	-10	22	74	N/A
3/31/2022	442	-4	44	98	N/A
12/31/2021	426	-1	47	90	N/A
9/30/2021	413	3	52	92	N/A
6/30/2021	397	-14	29	65	N/A
3/31/2021	384	-44	31	63	N/A
12/31/2020	375	-75	27	60	N/A
9/30/2020	361	-74	31	67	N/A
6/30/2020	349	-42	41	80	N/A
3/31/2020	336	-5	37	76	N/A
12/31/2019	322	31	55	92	N/A
12/31/2018	272	-6	47	80	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: VERX's forecast earnings growth (66% per year) is above the savings rate (2.4%).

Earnings vs Market: VERX's earnings (66% per year) are forecast to grow faster than the US market (14.5% per year).

High Growth Earnings: VERX's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: VERX's revenue (13.7% per year) is forecast to grow faster than the US market (8.3% per year).

High Growth Revenue: VERX's revenue (13.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: VERX's Return on Equity is forecast to be high in 3 years time (35%)

Vertex Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Vertex, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal Year 2024

Price target increased by 26% to US$37.10

Vertex, Inc. Provides Earnings Guidance for the First Quarter of 2024 and Full-Year 2024

Vertex, Inc. Provides Revenue Guidance for the Fourth Quarter and Full-Year of 2023

Consensus estimates of losses per share improve by 27%

Vertex, Inc. Provides Revenue Guidance for Third Quarter of 2023 and Full-Year 2023

Recent updates

Vertex, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal Year 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Vertex, Inc., Annual General Meeting, Jun 12, 2024

New minor risk - Shareholder dilution

Vertex, Inc. to Report Q1, 2024 Results on May 08, 2024

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

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

Insider recently sold US$77m worth of stock

Price target increased by 26% to US$37.10

New minor risk - Share price stability

Vertex, Inc. Provides Earnings Guidance for the First Quarter of 2024 and Full-Year 2024

CEO, President & Chairman of the Board exercised options and sold US$2.5m worth of stock

Vertex, Inc. to Report Q4, 2023 Results on Feb 29, 2024

Chief Financial Officer notifies of intention to sell stock

Insider recently sold US$1.7m worth of stock

VP, General Counsel & Secretary notifies of intention to sell stock

Vertex, Inc. announced that it expects to receive $491.25 million in funding from Silver Lake Technology Management, L.L.C.

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

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Vertex, Inc. Provides Revenue Guidance for the Fourth Quarter and Full-Year of 2023

Vertex, Inc. to Report Q3, 2023 Results on Nov 09, 2023

Vertex, Inc. Announces the Appointment of Chirag Patel as Chief Strategy Officer

CEO, President & Chairman of the Board exercised options and sold US$5.2m worth of stock

Now 20% undervalued after recent price drop

Lead Independent Director recently sold US$295k worth of stock

Lead Independent Director notifies of intention to sell stock

Consensus estimates of losses per share improve by 27%

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

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Vertex, Inc. Provides Revenue Guidance for Third Quarter of 2023 and Full-Year 2023

Vertex, Inc. to Report Q2, 2023 Results on Aug 09, 2023

Insider recently sold US$6.1m worth of stock

CEO, President & Chairman of the Board notifies of intention to sell stock

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

Chief Financial Officer notifies of intention to sell stock

Vertex, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2023

First quarter 2023 earnings: EPS misses analyst expectations

Chief Accounting Officer notifies of intention to sell stock

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

Insider recently sold US$1.8m worth of stock

Price target increased by 16% to US$20.82

Insider recently sold US$2.1m worth of stock

CEO, President & Chairman of the Board exercised options and sold US$708k worth of stock

Chief Financial Officer exercised options and sold US$120k worth of stock

Vertex, Inc. to Report Q4, 2022 Results on Mar 08, 2023

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

Now 21% undervalued

Chief Financial Officer exercised options and sold US$86k worth of stock

CEO, President & Chairman of the Board recently sold US$793k worth of stock

Independent Director recently sold US$207k worth of stock

Independent Director recently sold US$184k worth of stock

Vertex, Inc. has completed a Follow-on Equity Offering in the amount of $22.725 million.

Now 22% undervalued

Vertex, Inc. has completed a Follow-on Equity Offering in the amount of $22.725 million.

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Vertex, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2022

Insider recently sold US$647k worth of stock

Vertex, Inc. to Report Q3, 2022 Results on Nov 09, 2022

Now 21% undervalued

CEO, President & Chairman of the Board notifies of intention to sell stock

Vertex Growth Remains Challenged Despite Integration Push

CEO, President & Chairman of the Board notifies of intention to sell stock

Chief Accounting Officer recently sold US$335k worth of stock

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

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

Consensus forecasts updated

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Vertex, Inc. Provides Financial Guidance for the Third Quarter and Full-Year 2022

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