At the time of writing, Vertex Inc [VERX] stock is trading at $58.95, up 2.01%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The VERX shares have gain 3.42% over the last week, with a monthly amount glided 10.17%, 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.
For the past year, the stock price of Vertex Inc fluctuated between $24.17 and $58.91. Currently, Wall Street analysts expect the stock to reach $53.33 within the next 12 months. Vertex Inc [NASDAQ: VERX] shares were valued at $58.95 at the most recent close of the market. An investor can expect a potential drop of -9.53% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.36.
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 57.97 points at the first support level, and at 56.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 59.97, and for the 2nd resistance point, it is at 60.98.
Ratios To Look Out For
It is important to note that Vertex Inc [NASDAQ:VERX] has a current ratio of 1.03. In addition, the Quick Ratio stands at 1.03 and the Cash Ratio stands at 0.61. Considering the valuation of this stock, the price to sales ratio is 14.29, the price to book ratio is 35.48 and price to earnings (TTM) ratio is 314.07.
Transactions by insiders
Recent insider trading involved ITEM SECOND IRR. TRUST FBO KYL, 10% Owner, that happened on Jan 22 ’25 when 53843.0 shares were sold. 10% Owner, ITEM SECOND IRR. TRUST FBO KYL completed a deal on Jan 23 ’25 to sell 18157.0 shares. Meanwhile, Other Jeff and Jenifer Westphal Foun bought 0.53 million shares on Jan 14 ’25.
