Prices are adjusted according to historical splits.
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- Market Cap.:
- $3.42 billion
- Book Value:
- Revenue TTM:
- $529.81 million
- Operating Margin TTM:
- Gross Profit TTM:
- $298.49 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Vertex had its IPO on 2020-07-29 under the ticker symbol VERX.
The company operates in the Technology sector and Software-Application industry. Vertex has a staff strength of 1,400 employees.
Shares of Vertex opened at $21.78 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $21.45 - $21.99, and closed at $21.48.
This is a -2.1% slip from the previous day's closing price.
A total volume of 99,746 shares were traded at the close of the day’s session.
In the last one week, shares of Vertex have slipped by -4.62%.
Vertex's Key Ratios
Vertex has a market cap of $3.42 billion, indicating a price to book ratio of 10.6901 and a price to sales ratio of 4.9001.
In the last 12-months Vertex’s revenue was $529.81 million with a gross profit of $298.49 million and an EBITDA of $-1959000. The EBITDA ratio measures Vertex's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Vertex’s operating margin was -2.36% while its return on assets stood at -1.11% with a return of equity of -14.11%.
In Q2, Vertex’s quarterly earnings growth was a negative -96.1% while revenue growth was a positive 17.1%.
Vertex’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $-0.21 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Vertex’s profitability.
Vertex stock is trading at a EV to sales ratio of 4.8406 and a EV to EBITDA ratio of 42.7238. Its price to sales ratio in the trailing 12-months stood at 4.9001.
Vertex stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $725.07 million
- Total Liabilities
- $430.90 million
- Operating Cash Flow
- Capital Expenditure
- $13.58 million
- Dividend Payout Ratio
Vertex ended 2023 with $725.07 million in total assets and $0 in total liabilities. Its intangible assets were valued at $725.07 million while shareholder equity stood at $225.72 million.
Vertex ended 2023 with $0 in deferred long-term liabilities, $430.90 million in other current liabilities, 152000.00 in common stock, $-12521000.00 in retained earnings and $255.87 million in goodwill. Its cash balance stood at $41.87 million and cash and short-term investments were $53.07 million. The company’s total short-term debt was $7,013,000 while long-term debt stood at $45.48 million.
Vertex’s total current assets stands at $234.34 million while long-term investments were $0 and short-term investments were $11.20 million. Its net receivables were $129.09 million compared to accounts payable of $22.01 million and inventory worth $30.16 million.
In 2023, Vertex's operating cash flow was $-13167000.00 while its capital expenditure stood at $13.58 million.
Comparatively, Vertex paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Vertex stock is currently trading at $21.48 per share. It touched a 52-week high of $23.77 and a 52-week low of $23.77. Analysts tracking the stock have a 12-month average target price of $23.5.
Its 50-day moving average was $20.3 and 200-day moving average was $18.42 The short ratio stood at 1.58 indicating a short percent outstanding of 0%.
Around 181.1% of the company’s stock are held by insiders while 7522.8% are held by institutions.
Frequently Asked Questions About Vertex
Similar Industry Stocks (Software-Application)
Vertex, Inc. provides tax technology solutions for retail, communication, leasing, retail trade, wholesale trade, technology, and manufacturing industries in the United States and internationally. It offers tax determination, compliance and reporting, tax data management, document management, analytics and insights, pre-built integration, and industry-specific solutions. The company sells its software products through software license and software as a service subscriptions. It also provides implementation and training services in connection with its software license and cloud subscriptions, transaction tax returns outsourcing, and other tax-related services. Vertex, Inc. was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.