Vertex Stock Today

VERX Stock  USD 56.40  0.55  0.98%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 16

 
High
 
Low
Low
Vertex is trading at 56.40 as of the 17th of January 2025; that is 0.98% up since the beginning of the trading day. The stock's open price was 55.85. Vertex has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. The performance scores are derived for the period starting the 28th of January 2023 and ending today, the 17th of January 2025. 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 65.97 M outstanding shares of which 5.48 M shares are at this time shorted by private and institutional investors with about 6.34 trading days to cover. More on Vertex

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Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Vertex Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEODavid DeStefano
Business ConcentrationApplication Software, Software - Application, Information Technology, NASDAQ Composite, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.960.87
Significantly Up
Slightly volatile
Gross Profit Margin0.680.7
Fairly Down
Very volatile
Total Current Liabilities381 M506.9 M
Way Down
Slightly volatile
Non Current Liabilities Total71.8 M76.1 M
Notably Down
Slightly volatile
Total Assets583.7 M873.9 M
Way Down
Slightly volatile
Total Current Assets257.4 M306.6 M
Fairly Down
Slightly volatile
Total Cash From Operating Activities63.4 M66.9 M
Notably Down
Slightly volatile
Debt Levels
Vertex can leverage 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.
Liquidity
Vertex currently holds 66.97 M in liabilities with Debt to Equity (D/E) ratio of 0.36, which is about average as compared to similar companies. Vertex has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Vertex's use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

(20.68 Million)
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 8.71 B. Vertex conducts business under Software sector and is part of Information Technology industry. The entity has 65.97 M outstanding shares of which 5.48 M shares are at this time shorted by private and institutional investors with about 6.34 trading days to cover. Vertex currently holds about 92.5 M in cash with 74.33 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.62.
Check Vertex Probability Of Bankruptcy
Ownership Allocation
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.
Check Vertex Ownership Details

Vertex Stock Institutional Holders

InstituionRecorded OnShares
Loomis, Sayles & Company Lp2024-09-30
1.6 M
Geneva Capital Management2024-09-30
1.5 M
State Street Corp2024-09-30
1.4 M
Geode Capital Management, Llc2024-09-30
1.3 M
Fuller & Thaler Asset Management Inc2024-09-30
1.2 M
Palisade Capital Management Llc2024-09-30
1.1 M
T. Rowe Price Investment Management,inc.2024-09-30
1.1 M
Driehaus Capital Management Llc2024-09-30
M
Ameriprise Financial Inc2024-09-30
977.6 K
Vanguard Group Inc2024-09-30
6.7 M
Blackrock Inc2024-09-30
M
View Vertex Diagnostics

Vertex Historical Income Statement

Tax Provision is likely to rise to about 17.2 M in 2025, whereas Net Interest Income is likely to drop (1.3 M) in 2025. View More Fundamentals

Vertex Stock Against Markets

Vertex Corporate Management

Additional 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.