Vertex, Inc. (VERX)

Market Cap	5.62B
Revenue (ttm)	596.42M
Net Income (ttm)	7.72M
Shares Out	157.61M
EPS (ttm)	0.05
PE Ratio	712.80
Forward PE	65.18
Dividend	n/a
Ex-Dividend Date	n/a

Volume	573,782
Open	35.61
Previous Close	35.75
Day's Range	35.19 - 35.75
52-Week Range	17.59 - 36.36
Beta	0.68
Analysts	Buy
Price Target	36.70 (+2.97%)
Earnings Date	Aug 7, 2024

About VERX

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 specif...

• Industry: Software - Application
• Sector: Technology
• IPO Date: Jul 29, 2020
• Employees: 1,500
• Stock Exchange: NASDAQ
• Ticker Symbol: VERX

Financial Performance

In 2023, Vertex's revenue was $572.39 million, an increase of 16.43% compared to the previous year's $491.62 million. Losses were -$13.09 million, 6.41% more than in 2022.

Analyst Forecast

According to 10 analysts, the average rating for VERX stock is "Buy." The 12-month stock price forecast is $36.7, which is an increase of 2.97% from the latest price.

Price Target

$36.7

(2.97% upside)

Analyst Consensus: Buy