At the time of writing, Vertex Inc [VERX] stock is trading at $53.06, down -0.75%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The VERX shares have lost -3.35% over the last week, with a monthly amount glided 7.45%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Vertex Inc [NASDAQ: VERX] stock has seen the most recent analyst activity on November 04, 2024, when Jefferies upgraded its rating to a Buy and also boosted its price target to $50 from $35. Previously, Robert W. Baird started tracking the stock with Outperform rating on July 23, 2024, and set its price target to $43. On March 01, 2024, upgrade upgraded it’s rating to Neutral but maintained its price target of $40 on the stock. BofA Securities upgraded its rating to a Neutral and raised its price target to $20 on March 09, 2023. Raymond James started tracking with a Outperform rating for this stock on February 09, 2023, and assigned it a price target of $19. In a note dated January 05, 2023, Jefferies downgraded an Hold rating on this stock but restated the target price of $15.
For the past year, the stock price of Vertex Inc fluctuated between $23.31 and $57.74. Currently, Wall Street analysts expect the stock to reach $50.4 within the next 12 months. Vertex Inc [NASDAQ: VERX] shares were valued at $53.06 at the most recent close of the market. An investor can expect a potential drop of -5.01% based on the average VERX price forecast.
Analyzing the VERX fundamentals
According to Vertex Inc [NASDAQ:VERX], the company’s sales were 643.23M for trailing twelve months, which represents an 17.52% jump. Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.12 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.31.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 51.82 points at the first support level, and at 50.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 54.84, and for the 2nd resistance point, it is at 56.62.
Ratios To Look Out For
It is important to note that Vertex Inc [NASDAQ:VERX] has a current ratio of 1.03. As well, the Quick Ratio is 1.03, while the Cash Ratio is 0.61. Considering the valuation of this stock, the price to sales ratio is 12.87, the price to book ratio is 31.93 and price to earnings (TTM) ratio is 282.69.
Transactions by insiders
Recent insider trading involved SCHWAB JOHN R, CHIEF FINANCIAL OFFICER, that happened on Dec 17 ’24 when 20000.0 shares were sold. Officer, SCHWAB JOHN R completed a deal on Dec 17 ’24 to buy 20000.0 shares. Meanwhile, Westphal Jeffrey sold 0.57 million shares on Dec 12 ’24.
