Vertex Stock Today
| VERX Stock | USD 27.94 2.10 6.99% |
Performance5 of 100
| Odds Of DistressLess than 22
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Vertex is trading at 27.94 as of the 24th of April 2024; that is -6.99 percent decrease since the beginning of the trading day. The stock's open price was 30.04. Vertex has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Vertex are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 29th of July 2020 | Category Technology | Classification Information Technology |
Vertex, Inc. provides tax technology solutions for corporations in retail, communication, leasing, and manufacturing industries in the United States and internationally. Vertex, Inc. was founded in 1978 and is headquartered in King of Prussia, Pennsylvania. The company has 61.67 M outstanding shares of which 1.3 M shares are at this time shorted by private and institutional investors with about 1.61 trading days to cover. More on Vertex
Moving together with Vertex Stock
| 0.7 | DJCO | Daily Journal Corp | PairCorr |
Moving against Vertex Stock
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Vertex Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Vertex's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Vertex or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO | David DeStefano | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Software - Application, Information Technology, NASDAQ Composite, Information Technology, Software, Software—Application, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Vertex report their recommendations after researching Vertex's financial statements, talking to executives and customers, or listening in on Vertex's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Vertex. The Vertex consensus assessment is calculated by taking the average forecast from all of the analysts covering Vertex. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Vertex's financial statements, Vertex is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in May. Financial strength of Vertex is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Vertex's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Vertex's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Vertex's financial leverage. It provides some insight into what part of Vertex's total assets is financed by creditors.
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Vertex (VERX) is traded on NASDAQ Exchange in USA. It is located in 2301 Renaissance Boulevard, King of Prussia, PA, United States, 19406 and employs 1,500 people. Vertex is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.64 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Vertex's market, we take the total number of its shares issued and multiply it by Vertex's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Vertex conducts business under Software sector and is part of Information Technology industry. The entity has 61.67 M outstanding shares of which 1.3 M shares are at this time shorted by private and institutional investors with about 1.61 trading days to cover.
Vertex currently holds about 92.5 M in cash with 73.33 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.62.
Check Vertex Probability Of Bankruptcy
Ownership AllocationVertex shows a total of 61.67 Million outstanding shares. The majority of Vertex outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Vertex to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Vertex. Please pay attention to any change in the institutional holdings of Vertex as this could imply that something significant has changed or is about to change at the company. Also note that roughly eight million seventeen thousand five hundred sixty-eight invesors are currently shorting Vertex expressing very little confidence in its future performance.
Check Vertex Ownership Details
Vertex Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Vertex jumping above the current price in 90 days from now is about 54.58%. The Vertex probability density function shows the probability of Vertex stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.7445. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Vertex will likely underperform. Additionally, vertex has an alpha of 0.2071, implying that it can generate a 0.21 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Vertex to move above the current price in 90 days from now is about 54.58 (This Vertex probability density function shows the probability of Vertex Stock to fall within a particular range of prices over 90 days) .
Vertex Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Vertex that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Vertex's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Vertex's value.| Instituion | Recorded On | Shares | |
| Next Century Growth Investors Llc | 2023-12-31 | 1.3 M | |
| Blackrock Inc | 2023-12-31 | 1.2 M | |
| Palisade Capital Management Llc | 2023-12-31 | 1.2 M | |
| Hhg Plc | 2023-12-31 | 859.3 K | |
| Putnam Investments Llc | 2023-12-31 | 834 K | |
| Granahan Investment Management Inc.. | 2023-12-31 | 663.6 K | |
| Silvercrest Asset Management Group Llc | 2023-12-31 | 627.7 K | |
| Vista Equity Partners Fund Iii Lp | 2023-12-31 | 522.1 K | |
| Geode Capital Management, Llc | 2023-12-31 | 518.8 K | |
| Tensile Capital Management Llc | 2023-09-30 | 5.8 M | |
| Vanguard Group Inc | 2023-12-31 | 5.6 M |
Vertex Historical Income Statement
Vertex Income Statement is one of the three primary financial statements used for reporting Vertex's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Vertex revenue and expense. Vertex Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Vertex's Tax Provision is fairly stable compared to the past year. EBITDA is likely to rise to about 83.3 M in 2024, whereas Net Interest Income is likely to drop (1.2 M) in 2024. View More FundamentalsVertex Stock Against Markets
Picking the right benchmark for Vertex stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Vertex stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Vertex is critical whether you are bullish or bearish towards Vertex at a given time. Please also check how Vertex's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Vertex without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Vertex Corporate Management
Elected by the shareholders, the Vertex's board of directors comprises two types of representatives: Vertex inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Vertex. The board's role is to monitor Vertex's management team and ensure that shareholders' interests are well served. Vertex's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Vertex's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Salvatore Visca | Chief Officer | Profile | |
| Ben Askin | Chief Officer | Profile | |
| Amanda Radcliffe | CoOwner Director | Profile | |
| Stefanie Thompson | CoOwner Director | Profile | |
| John Schwab | Chief Officer | Profile | |
| Steven Hinckley | Chief Officer | Profile |
How to buy Vertex Stock?
Before investing in Vertex, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Vertex. To buy Vertex stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Vertex. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Vertex stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Vertex stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Vertex stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Vertex, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Vertex Stock please use our How to Invest in Vertex guide.
Already Invested in Vertex?
The danger of trading Vertex is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Vertex is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Vertex. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Vertex is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Vertex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vertex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vertex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vertex Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vertex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Vertex Stock please use our How to Invest in Vertex guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Vertex Stock analysis
When running Vertex's price analysis, check to measure Vertex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vertex is operating at the current time. Most of Vertex's value examination focuses on studying past and present price action to predict the probability of Vertex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vertex's price. Additionally, you may evaluate how the addition of Vertex to your portfolios can decrease your overall portfolio volatility.
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Is Vertex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Vertex. If investors know Vertex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Vertex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.96) | Earnings Share (0.09) | Revenue Per Share 3.769 | Quarterly Revenue Growth 0.181 | Return On Assets (0.01) |
The market value of Vertex is measured differently than its book value, which is the value of Vertex that is recorded on the company's balance sheet. Investors also form their own opinion of Vertex's value that differs from its market value or its book value, called intrinsic value, which is Vertex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vertex's market value can be influenced by many factors that don't directly affect Vertex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vertex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vertex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vertex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.