VERX Stock Overview
Provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| 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$35.81 |
| 52 Week High | US$40.05 |
| 52 Week Low | US$20.48 |
| Beta | 0.69 |
| 11 Month Change | -10.50% |
| 3 Month Change | 6.26% |
| 1 Year Change | 61.38% |
| 33 Year Change | 65.48% |
| 5 Year Change | n/a |
| Change since IPO | 49.64% |
Recent News & Updates
Vertex, Inc.: Growth Momentum Continues With FCF Conversion Rates Inflecting Upwards
Aug 21Vertex's (NASDAQ:VERX) Performance Is Even Better Than Its Earnings Suggest
Aug 14
Calculating The Intrinsic Value Of Vertex, Inc. (NASDAQ:VERX)
Aug 02Recent updates
Vertex, 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 19A Look At The Fair Value Of Vertex, Inc. (NASDAQ:VERX)
Nov 13An Intrinsic Calculation For Vertex, Inc. (NASDAQ:VERX) Suggests It's 30% Undervalued
Aug 14Vertex, Inc. (NASDAQ:VERX) Investors Are Less Pessimistic Than Expected
May 22Calculating The Intrinsic Value Of Vertex, Inc. (NASDAQ:VERX)
Apr 09Vertex, Inc. (NASDAQ:VERX) Shares Could Be 21% Below Their Intrinsic Value Estimate
Dec 29Vertex Growth Remains Challenged Despite Integration Push
Oct 01Is Vertex, Inc. (NASDAQ:VERX) Trading At A 34% Discount?
Aug 31Vertex: A Valuation Re-Rating Play Of A Non-Discretionary Business
Aug 27Vertex reports Q2 earnings; raises FY22 revenue guidance and issues Q3 outlook
Aug 09There's Been No Shortage Of Growth Recently For Vertex's (NASDAQ:VERX) Returns On Capital
Jul 30Shareholder Returns
| VERX | US Software | US Market | |
|---|---|---|---|
| 7D | -1.5% | -0.3% | 0.4% |
| 1Y | 61.4% | 27.2% | 25.3% |
Return vs Industry: VERX exceeded the US Software industry which returned 26.5% over the past year.
Return vs Market: VERX exceeded the US Market which returned 24.9% over the past year.
Price Volatility
| VERX volatility | |
|---|---|
| VERX Average Weekly Movement | 4.7% |
| Software Industry Average Movement | 7.7% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: VERX has not had significant price volatility in the past 3 months.
Volatility Over Time: VERX'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
| VERX fundamental statistics | |
|---|---|
| Market cap | US$5.56b |
| Earnings (TTM) | US$19.78m |
| Revenue (TTM) | US$617.83m |
281.5x
P/E Ratio9.0x
P/S RatioIs VERX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VERX 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 VERX perform over the long term?
See historical performance and comparison