Vertex, Inc. (VERX)

Market Cap	6.67B
Revenue (ttm)	617.83M
Net Income (ttm)	19.78M
Shares Out	155.52M
EPS (ttm)	0.13
PE Ratio	340.16
Forward PE	70.86
Dividend	n/a
Ex-Dividend Date	n/a

Volume	531,400
Open	42.88
Previous Close	42.85
Day's Range	42.65 - 43.33
52-Week Range	21.92 - 43.33
Beta	0.68
Analysts	Buy
Price Target	37.73 (-12.07%)
Earnings Date	Nov 6, 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
• Website: https://www.vertexinc.com

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 11 analysts, the average rating for VERX stock is "Buy." The 12-month stock price forecast is $37.73, which is a decrease of -12.07% from the latest price.

Price Target

$37.73

(-12.07% downside)

Analyst Consensus: Buy