Vertex, Inc. (VERX)

NASDAQ: VERX · IEX Real-Time Price · USD
11.20
0.53 (4.97%)
May 25, 2022 4:30 PM EDT - Market closed
Market Cap1.67B
Revenue (ttm)442.30M
Net Income (ttm)-4.10M
Shares Out149.39M
EPS (ttm)-0.03
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume86,443
Open10.53
Previous Close10.67
Day's Range10.51 - 11.34
52-Week Range9.81 - 22.88
Betan/a
AnalystsBuy
Price Target19.89 (+77.6%)
Earnings DateMay 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...

IndustrySoftware-Application
IPO DateJul 29, 2020
Employees1,300
Stock ExchangeNASDAQ
Ticker SymbolVERX
Full Company Profile

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 Statements

Analyst 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.

Price Target
$19.89
(77.59% upside)
Analyst Consensus: Buy
Stock Forecasts

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 ...

2 days ago - GlobeNewsWire

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?

2 weeks ago - Zacks Investment Research

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...

2 weeks ago - GlobeNewsWire

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...

1 month ago - GlobeNewsWire

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...

1 month ago - GlobeNewsWire

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...

Other symbols:EXPETSCO
1 month ago - Investors Business Daily

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?

2 months ago - Zacks Investment Research

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...

2 months ago - GlobeNewsWire

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.

Other symbols:VEC
2 months ago - Benzinga

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,...

Other symbols:VEC
2 months ago - Market Watch

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...

Other symbols:AVGOCOST
2 months ago - Investors Business Daily

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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.

3 months ago - Business Wire

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

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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.

6 months ago - Zacks Investment Research

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

6 months ago - GlobeNewsWire

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?

6 months ago - Zacks Investment Research

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 ...

6 months ago - GlobeNewsWire

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.

Other symbols:CRSP
6 months ago - The Motley Fool

Could Moderna's mRNA Magic Revive Its Beaten-Down Biotech Partner?

Moderna and Vertex have made a breakthrough in their cystic fibrosis studies.

6 months ago - The Motley Fool

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.

6 months ago - Zacks Investment Research

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...

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire