Vertex Inc [VERX] stock prices are up 1.06% to $57.00 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The VERX shares have gain 8.72% over the last week, with a monthly amount glided 6.62%, and 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.
The stock price of Vertex Inc [VERX] has been fluctuating between $24.17 and $57.74 over the past year. Currently, Wall Street analysts expect the stock to reach $53.33 within the next 12 months. Vertex Inc [NASDAQ: VERX] shares were valued at $57.00 at the most recent close of the market. An investor can expect a potential drop of -6.44% based on the average VERX price forecast.
Analyzing the VERX fundamentals
The Vertex Inc [NASDAQ:VERX] reported sales of 643.23M for trailing twelve months, representing a surge of 17.52%. 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 of1.36.
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 56.34 points at the first support level, and at 55.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 57.38, and for the 2nd resistance point, it is at 57.76.
Ratios To Look Out For
It’s worth pointing out that Vertex Inc [NASDAQ:VERX]’s Current Ratio is 1.03. Further, the Quick Ratio stands at 1.03, while the Cash Ratio is 0.61. Considering the valuation of this stock, the price to sales ratio is 13.82, the price to book ratio is 34.30 and price to earnings (TTM) ratio is 303.68.
Transactions by insiders
Recent insider trading involved Jeff and Jenifer Westphal Foun, Other, that happened on Jan 14 ’25 when 0.53 million shares were purchased. CHIEF FINANCIAL OFFICER, SCHWAB JOHN R completed a deal on Dec 17 ’24 to sell 20000.0 shares. Meanwhile, Officer SCHWAB JOHN R bought 20000.0 shares on Dec 17 ’24.
