Deep Dive Into Vertex Stock: Analyst Perspectives (7 Ratings)

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Providing a diverse range of perspectives from bullish to bearish, 7 analysts have published ratings on Vertex VERX in the last three months.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 5 1 1 0 0
Last 30D 1 0 0 0 0
1M Ago 3 1 1 0 0
2M Ago 0 0 0 0 0
3M Ago 1 0 0 0 0

In the assessment of 12-month price targets, analysts unveil insights for Vertex, presenting an average target of $49.86, a high estimate of $62.00, and a low estimate of $31.00. A decline of 18.7% from the prior average price target is evident in the current average.

price target chart

Decoding Analyst Ratings: A Detailed Look

A comprehensive examination of how financial experts perceive Vertex is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Joshua Reilly Needham Maintains Buy $60.00 $60.00
Adam Hotchkiss Goldman Sachs Lowers Buy $48.00 $64.00
Samad Samana Jefferies Lowers Buy $48.00 $62.00
William Jellison DA Davidson Lowers Buy $55.00 $62.00
Rob Oliver Baird Lowers Outperform $45.00 $62.00
Brad Reback Stifel Lowers Hold $31.00 $58.00
William Jellison DA Davidson Announces Buy $62.00 -

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Vertex. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Vertex compared to the broader market.
  • Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Vertex's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on Vertex analyst ratings.

About Vertex

Vertex Inc is a provider of tax technology and services. Its software, content, and services help customers stay in compliance with indirect taxes that occur in taxing jurisdictions all over the world. Vertex provides cloud-based and on-premise solutions to specific industries for every line of tax, including income, sales, consumer use, value-added, and payroll. The company offers solutions such as tax determination, Tax Data Management, document management, and compliance and reporting among others. The company derives revenue from software subscriptions.

Vertex: Financial Performance Dissected

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Revenue Growth: Over the 3 months period, Vertex showcased positive performance, achieving a revenue growth rate of 15.2% as of 31 December, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.

Net Margin: Vertex's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -37.99%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Vertex's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -30.93%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Vertex's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -5.75%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: Vertex's debt-to-equity ratio surpasses industry norms, standing at 1.96. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

Analyst Ratings: Simplified

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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