Vertex, Inc. (VERX)
| Market Cap | 1.67B |
| Revenue (ttm) | 442.30M |
| Net Income (ttm) | -4.10M |
| Shares Out | 149.39M |
| EPS (ttm) | -0.03 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 86,443 |
| Open | 10.53 |
| Previous Close | 10.67 |
| Day's Range | 10.51 - 11.34 |
| 52-Week Range | 9.81 - 22.88 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 19.89 (+77.6%) |
| Earnings Date | May 10, 2022 |
About VERX
Vertex, Inc. provides tax technology solutions for corporations in retail, communication, leasing, and manufacturing industries in the United States and internationally. It offers tax determination, compliance and reporting, tax data management, document management, pre-built integration, and industry-specific solutions. The company sells its software products through software license and software as a service subscriptions. It also provides implementation and training services in connection with its software license and cloud subscriptions, tr...
Financial Performance
In 2021, Vertex's revenue was $425.55 million, an increase of 13.58% compared to the previous year's $374.67 million. Losses were -$1.48 million, -98.03% less than in 2020.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for VERX stock is "Buy." The 12-month stock price forecast is 19.89, which is an increase of 77.59% from the latest price.
News
Vertex, Inc. Named a Finalist for 2022 SAP® Pinnacle Award in the SAP Store Category
KING OF PRUSSIA, Pa., May 23, 2022 (GLOBE NEWSWIRE) -- Vertex, Inc. today announced that it has been recognized by SAP as a finalist for a 2022 SAP® Pinnacle Award in the SAP Store category. The annual ...
Vertex (VERX) Q1 Earnings and Revenues Surpass Estimates
Vertex (VERX) delivered earnings and revenue surprises of 33.33% and 1.75%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Vertex Announces First Quarter 2022 Financial Results
KING OF PRUSSIA, Pa., May 10, 2022 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a global provider of tax technology solutions, today announced financial results for its f...
Vertex Announces First Quarter 2022 Earnings Release and Conference Call Date; Presenting at Upcoming Investor Confer...
KING OF PRUSSIA, Pa., April 19, 2022 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) and its subsidiaries (“Vertex” or the “Company”), a leading global technology provider of indirect tax solutions, toda...
Vertex Highlights Global Indirect Tax Trends for 2022
KING OF PRUSSIA, Pa., April 04, 2022 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a global provider of tax technology solutions, outlines tax trends for 2022. Corporate ta...
Stock Market Hit By Late-Session Selling; Vertex, Expedia Hold Up, Tractor Supply Fades
Stock market hit by late-session selling; Vertex, Expedia hold up, Tractor Supply fades. Investor's Business Daily has been helping people invest smarter results by providing exclusive stock lists, inve...
Vertex (VERX) Beats Q4 Earnings and Revenue Estimates
Vertex (VERX) delivered earnings and revenue surprises of 60% and 2.44%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Vertex Announces Fourth Quarter and Full Year 2021 Financial Results
KING OF PRUSSIA, Pa., March 09, 2022 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a global provider of tax technology solutions, today announced financial results for its...
Vectrus Agrees To Merge With Vertex
Vectrus Inc (NYSE: VEC) entered a definitive agreement to combine with The Vertex Company in an all-stock merger. Vertex Company is headquartered in Madison, Mississippi, and employs ~6,000 employees.
Vectrus to merge with Vertex in a deal valuing Vertex at $2.1 billion
Vectrus Inc. VEC, +0.98% announced Friday an agreement in which the facility and logistics services company will merge with Vertex Co., in a deal that values Vertex at about $2.1 billion. Vectrus stock,...
Stock Market Slumps Again Amid Ukraine War: Vertex, Broadcom, Costco Show Bullish Action
Stock market slumps again amid Ukraine War: Vertex, Broadcom, Costco show bullish action. Investor's Business Daily has been helping people invest smarter results by providing exclusive stock lists, inv...
Vertex Announces Fourth Quarter and Full-Year 2021 Earnings Release and Conference Call Date
KING OF PRUSSIA, Pa., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) and its subsidiaries (“Vertex” or the “Company”), a leading global technology provider of indirect tax solutions, today...
Vertex Indirect Tax Chain Flow Accelerator Is Certified by SAP® for Integration with SAP S/4HANA®
KING OF PRUSSIA, Pa., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a global provider of tax technology solutions, announced today that its Vertex® Indirect T...
Dooap Integrates Vertex Tax Compliance Solution with its Accounts Payable Automation
AUSTIN, Texas--(BUSINESS WIRE)--Dooap has integrated its Accounts Payable automation solution with a tax compliance solution from Vertex, Inc.
Vertex Unveils Edge Computing Tax Solution
New offering streamlines management of tax compliance at the point of need New offering streamlines management of tax compliance at the point of need
Vertex Indirect Tax O Series is Certified by SAP as Built on SAP Business Technology Platform, Caters to Brazilian Ma...
KING OF PRUSSIA, Pa., Dec. 13, 2021 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a global provider of tax technology solutions, announced today that its Vertex® Indirect T...
What Makes Vertex (VERX) a New Buy Stock
Vertex (VERX) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Vertex Recognized as a Leader in IDC MarketScape Reports on Worldwide Tax Automation for Enterprise and VAT
Named a Major Player in IDC MarketScape for Worldwide Tax Automation for SMB Category Named a Major Player in IDC MarketScape for Worldwide Tax Automation for SMB Category
Vertex (VERX) Surpasses Q3 Earnings and Revenue Estimates
Vertex (VERX) delivered earnings and revenue surprises of 60.00% and 5.53%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Vertex Announces Third Quarter 2021 Financial Results
KING OF PRUSSIA, Pa., Nov. 10, 2021 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a global provider of tax technology solutions, today announced financial results for its ...
Why Vertex Is Striking Another Gene-Editing Deal With a Company Not Named CRISPR Therapeutics
Vertex plans to develop gene-editing therapies with Mammoth Biosciences.
Could Moderna's mRNA Magic Revive Its Beaten-Down Biotech Partner?
Moderna and Vertex have made a breakthrough in their cystic fibrosis studies.
Analysts Estimate Vertex (VERX) to Report a Decline in Earnings: What to Look Out for
Vertex (VERX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Vertex Announces Third Quarter 2021 Earnings Release and Conference Call Date; Participating in an Upcoming Investor ...
KING OF PRUSSIA, Pa., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) and its subsidiaries (“Vertex” or the “Company”), a global provider of tax technology solutions, today announced the da...
Vertex Acquires LCR-Dixon to Expand Global Tax Automation Portfolio
KING OF PRUSSIA, Pa., Sept. 24, 2021 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) and its subsidiaries, (“Vertex” or the “Company”), a global provider of tax technology solutions, today announced tha...