Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
As of close of business last night, Vertex Inc’s stock clocked out at $52.36, down -6.53% from its previous closing price of $56.02. In other words, the price has decreased by -$6.53 from its previous closing price. On the day, 1.05 million shares were traded. VERX stock price reached its highest trading level at $55.7525 during the session, while it also had its lowest trading level at $52.2001.
Ratios:
To gain a deeper understanding of VERX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 83.73. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.03. In the meantime, Its Debt-to-Equity ratio is 1.36 whereas as Long-Term Debt/Eq ratio is at 1.34.
On December 31, 2024, DA Davidson started tracking the stock assigning a Buy rating and target price of $62.
Jefferies Upgraded its Hold to Buy on November 04, 2024, whereas the target price for the stock was revised from $35 to $50.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jan 22 ’25 when ITEM SECOND IRR. TRUST FBO KYL sold 53,843 shares for $56.48 per share. The transaction valued at 3,041,053 led to the insider holds 1,229,257 shares of the business.
ITEM SECOND IRR. TRUST FBO KYL sold 18,157 shares of VERX for $1,026,234 on Jan 23 ’25. The 10% Owner now owns 1,211,100 shares after completing the transaction at $56.52 per share. On Jan 14 ’25, another insider, Jeff and Jenifer Westphal Foun, who serves as the Other of the company, bought 534,778 shares for $52.43 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VERX now has a Market Capitalization of 8166065664 and an Enterprise Value of 8231817728. As of this moment, Vertex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 278.96, and their Forward P/E ratio for the next fiscal year is 75.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.70 while its Price-to-Book (P/B) ratio in mrq is 31.51. Its current Enterprise Value per Revenue stands at 12.798 whereas that against EBITDA is 342.578.
Stock Price History:
The Beta on a monthly basis for VERX is 0.78, which has changed by 1.1496546 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, VERX has reached a high of $60.71, while it has fallen to a 52-week low of $24.17. The 50-Day Moving Average of the stock is -4.73%, while the 200-Day Moving Average is calculated to be 24.12%.
Shares Statistics:
It appears that VERX traded 859.65K shares on average per day over the past three months and 679860 shares per day over the past ten days. A total of 65.72M shares are outstanding, with a floating share count of 58.93M. Insiders hold about 62.22% of the company’s shares, while institutions hold 45.17% stake in the company. Shares short for VERX as of 1738281600 were 5317658 with a Short Ratio of 6.91, compared to 1735603200 on 5479363. Therefore, it implies a Short% of Shares Outstanding of 5317658 and a Short% of Float of 8.1999995.
