Vertex, Inc. (VERX)
Market Cap | 4.54B |
Revenue (ttm) | 572.39M |
Net Income (ttm) | -13.09M |
Shares Out | 154.33M |
EPS (ttm) | -0.09 |
PE Ratio | n/a |
Forward PE | 54.47 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,174,607 |
Open | 28.12 |
Previous Close | 28.91 |
Day's Range | 28.08 - 29.46 |
52-Week Range | 17.59 - 35.38 |
Beta | 0.62 |
Analysts | Buy |
Price Target | 36.30 (+23.43%) |
Earnings Date | May 8, 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... [Read more]
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.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for VERX stock is "Buy." The 12-month stock price forecast is $36.3, which is an increase of 23.43% from the latest price.
News
Vertex, Inc. Announces Pricing of Upsized $300 Million Convertible Senior Notes Offering
KING OF PRUSSIA, Pa., April 23, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex”), a leading global provider of indirect tax solutions, today announced the pricing of $300 million aggreg...
Vertex Provides Preliminary Financial Results for First Quarter 2024 and Announces First Quarter Earnings Call Date
KING OF PRUSSIA, Pa., April 22, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX), a leading global technology provider of indirect tax solutions, today announced preliminary financial results for t...
Vertex, Inc. Announces Proposed Private Offering of $250 Million of Convertible Senior Notes
KING OF PRUSSIA, Pa., April 22, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex”), a leading global provider of indirect tax solutions, today announced that it intends to offer and sell,...
Vertex Announces Fourth Quarter and Full Year 2023 Financial Results
KING OF PRUSSIA, Pa., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a leading global provider of indirect tax solutions, today announced financial results ...
Vertex Global Survey Reveals the Regions Championing and Struggling with Indirect Tax Compliance, With the U.S. Taking the Lead
Results show 43% of U.S. firms are “champions” in tech-driven indirect tax approaches, while revealing stark regional disparities in overall indirect tax compliance Results show 43% of U.S. firms are ...
Vertex's Bradd Wildstein Recognized as a 2024 CRN® Channel Chief
KING OF PRUSSIA, Pa., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a global provider of tax technology solutions, today announced that CRN ® , a brand of ...
CORRECTION -- Vertex, Inc.
KING OF PRUSSIA, Pa., Feb. 02, 2024 (GLOBE NEWSWIRE) -- In a release issued on February 1, 2024 by Vertex, Inc. (NASDAQ:VERX), please note that the date of the financial results announcement in the he...
Vertex to Announce Fourth Quarter 2023 Financial Results on Thursday, February 29, 2023
KING OF PRUSSIA, Pa., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX), a leading global technology provider of indirect tax solutions, today announced that it will release fourth quarter ...
Vertex 2023 Sales Tax Rates and Rules Report: U.S. Rate Changes Reach 10-Year High
KING OF PRUSSIA, Pa., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a global provider of tax technology solutions, released its annual 2023 End-of-Year Sal...
Vertex Recognized in Built In's Esteemed 2024 Best Places to Work List
KING OF PRUSSIA, Pa., Jan. 19, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a global provider of tax technology solutions, ranked as No. 19 in Built In's 2024 Best...
Vertex Named a Winner of IDC's 2023 SaaS Customer Satisfaction Award for Tax
KING OF PRUSSIA, Pa., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a global provider of tax technology solutions, is proud to announce that it is once agai...
Vertex Withdraws Offer to Acquire Pagero
KING OF PRUSSIA, Pa., Jan. 14, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX), a global provider of indirect tax solutions, today announced that after thorough review, it has withdrawn its previ...
Call of the Day: Vertex
Jim Lebenthal, chief equity strategist at Cerity Partners, and Bryn Talkington, managing partner at Requisite Capital Management, join CNBC's 'Halftime Report' to debate the biotech names to own and m...
Vertex Announces New Leadership with Three Strategic Appointments in Customer Success and Services, Tax Research and Global Talent
KING OF PRUSSIA, Pa., Dec. 21, 2023 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a global provider of tax technology solutions, announced today the appointment of three ...
Vertex, Inc. Announces Offer to Acquire E-Invoicing Leader Pagero
Extends Vertex's Leadership in Indirect Tax Compliance and Accelerates Expansion in Key International Markets Creates Seamless, End-to-End Global Platform to Help Customers Enhance Efficiency While Na...
Research Reveals Tax Professionals' Concerns Surrounding Risk Tolerance
Research conducted by Vertex shows tax professionals are feeling personally exposed by the shocking levels of risk tolerance of their employers. Research conducted by Vertex shows tax professionals ar...
Vertex Announces Third Quarter 2023 Financial Results
KING OF PRUSSIA, Pa., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a leading global provider of indirect tax solutions, today announced financial results ...
Vertex Partners with Shopify to Streamline Global Tax Compliance
Vertex becomes the first Shopify Tax Platform Partner to integrate directly into Shopify and automate global indirect tax calculation for enterprise companies. Vertex becomes the first Shopify Tax Pla...
Vertex Announces Strategic Partnership with Pagero
Vertex and Pagero partnership will enable a unified global solution for e-invoicing and indirect tax compliance. Vertex and Pagero partnership will enable a unified global solution for e-invoicing and...
Vertex to Announce Third Quarter 2023 Financial Results on Thursday, November 9, 2023
KING OF PRUSSIA, Pa., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX), a leading global technology provider of indirect tax solutions, today announced that it will release third quarter 2...
Vertex Reveals Marked Improvements for Customers Utilizing Indirect Tax Solutions on Oracle Cloud
KING OF PRUSSIA, Pa., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a global provider of tax technology solutions, and member of Oracle PartnerNetwork (OPN)...
Vertex to Present at Citi 2023 Global Technology Conference
KING OF PRUSSIA, Pa., Aug. 31, 2023 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX), a leading global technology provider of indirect tax solutions, today announced that management will participate in ...
Vertex Announces Second Quarter 2023 Financial Results
KING OF PRUSSIA, Pa., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a leading global provider of indirect tax solutions, today announced financial results ...
Vertex Indirect Tax Determination Solution Now an SAP Endorsed App on SAP® Store
Delivers an end-to-end cloud-based solution to meet the tax needs of SAP customers Delivers an end-to-end cloud-based solution to meet the tax needs of SAP customers
Cramer's Mad Dash on Vertex: Their non-opioid pain innovation could be 'the holy grail of medical'
CNBC's Jim Cramer delivers his daily Mad Dash.