Vertex Inc (NASDAQ: VERX) on Tuesday, soared 0.92% from the previous trading day, before settling in for the closing price of $52.43. Within the past 52 weeks, VERX’s price has moved between $23.38 and $57.74.
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A company in the Technology sector has jumped its sales by 15.52% annually for the last half of the decade. The company achieved an average annual earnings per share of 56.41%. With a float of $58.87 million, this company’s outstanding shares have now reached $65.72 million.
In an organization with 1500 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 60.69%, operating margin of 2.25%, and the pretax margin is 1.06%.
Vertex Inc (VERX) Insider and Institutional Ownership
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Vertex Inc is 62.25%, while institutional ownership is 44.78%. The most recent insider transaction that took place on Jan 14 ’25, was worth 28,038,411. Before that another transaction happened on Dec 17 ’24, when Company’s CHIEF FINANCIAL OFFICER sold 20,000 for $53.05, making the entire transaction worth $1,060,932. This insider now owns 53,104 shares in total.
Vertex Inc (VERX) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 56.41% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.72% during the next five years compared to -15.58% drop over the previous five years of trading.
Vertex Inc (NASDAQ: VERX) Trading Performance Indicators
Vertex Inc (VERX) is currently performing well based on its current performance indicators. A quick ratio of 1.03 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.83. Likewise, its price to free cash flow for the trailing twelve months is 84.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.19, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.70 in one year’s time.
Technical Analysis of Vertex Inc (VERX)
Let’s dig in a bit further. During the last 5-days, its volume was 1.11 million. That was better than the volume of 1.04 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 56.34%. Additionally, its Average True Range was 1.77.
During the past 100 days, Vertex Inc’s (VERX) raw stochastic average was set at 79.07%, which indicates a significant increase from 62.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.64% in the past 14 days, which was lower than the 35.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $52.15, while its 200-day Moving Average is $39.70. However, in the short run, Vertex Inc’s stock first resistance to watch stands at $53.69. Second resistance stands at $54.48. The third major resistance level sits at $55.63. If the price goes on to break the first support level at $51.76, it is likely to go to the next support level at $50.62. The third support level lies at $49.83 if the price breaches the second support level.
Vertex Inc (NASDAQ: VERX) Key Stats
Market capitalization of the company is 8.25 billion based on 155,960K outstanding shares. Right now, sales total 572,390 K and income totals -13,090 K. The company made 170,440 K in profit during its latest quarter, and 7,220 K in sales during its previous quarter.
