A share price of Vertex Inc [VERX] is currently trading at $52.43, up 0.52%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The VERX shares have gain 2.16% over the last week, with a monthly amount drifted -4.01%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Vertex Inc [NASDAQ: VERX] stock has seen the most recent analyst activity on January 03, 2025, when Raymond James downgraded its rating to a Mkt Perform. Previously, DA Davidson started tracking the stock with Buy rating on December 31, 2024, and set its price target to $62. On November 04, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $50 on the stock. Robert W. Baird started tracking the stock assigning a Outperform rating and suggested a price target of $43 on July 23, 2024. BofA Securities upgraded its rating to a Neutral but $40 remained the price target by the analyst firm on March 01, 2024. In a note dated March 09, 2023, BofA Securities upgraded an Neutral rating on this stock and boosted its target price from $16 to $20.
Vertex Inc experienced fluctuations in its stock price throughout the past year between $23.31 and $57.74. Currently, Wall Street analysts expect the stock to reach $53.33 within the next 12 months. Vertex Inc [NASDAQ: VERX] shares were valued at $52.43 at the most recent close of the market. An investor can expect a potential return of 1.72% based on the average VERX price forecast.
Analyzing the VERX fundamentals
Trailing Twelve Months sales for Vertex Inc [NASDAQ:VERX] were 643.23M which represents 17.52% growth. 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 51.25 points at the first support level, and at 50.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 53.02, and for the 2nd resistance point, it is at 53.61.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Vertex Inc [NASDAQ:VERX] is 1.03. Also, the Quick Ratio is 1.03, while the Cash Ratio stands at 0.61. Considering the valuation of this stock, the price to sales ratio is 12.71, the price to book ratio is 31.55 and price to earnings (TTM) ratio is 279.33.
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.
