The price-to-earnings ratio for Vertex Inc (NASDAQ: VERX) is above average at 274.01x, Company’s 36-month beta value is 0.77.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 5 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for VERX is 58.42M, and currently, short sellers hold a 8.34% ratio of that floaft. The average trading volume of VERX on January 03, 2025 was 855.27K shares.
VERX) stock’s latest price update
The stock price of Vertex Inc (NASDAQ: VERX) has dropped by -3.32 compared to previous close of 53.20. Despite this, the company has seen a fall of -4.51% in its stock price over the last five trading days. accesswire.com reported 2025-01-02 that NEW YORK, NY / ACCESSWIRE / January 2, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Vertex Pharmaceuticals Incorporated (“Vertex Pharmaceuticals”) (NASDAQ:VRTX) concerning possible violations of federal securities laws. On December 19, 2024, the company reported disappointing results from its RewinD-LB Phase 2b clinical trial for the pain drug suzetrigine.
VERX’s Market Performance
Vertex Inc (VERX) has experienced a -4.51% fall in stock performance for the past week, with a -9.64% drop in the past month, and a 23.64% rise in the past quarter. The volatility ratio for the week is 3.25%, and the volatility levels for the past 30 days are at 3.47% for VERX. The simple moving average for the past 20 days is -4.34% for VERX’s stock, with a 31.77% simple moving average for the past 200 days.
Analysts’ Opinion of VERX
DA Davidson, on the other hand, stated in their research note that they expect to see VERX reach a price target of $62. The rating they have provided for VERX stocks is “Buy” according to the report published on December 31st, 2024.
Jefferies gave a rating of “Buy” to VERX, setting the target price at $50 in the report published on November 04th of the previous year.
VERX Trading at 0.97% from the 50-Day Moving Average
After a stumble in the market that brought VERX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.92% of loss for the given period.
Volatility was left at 3.47%, however, over the last 30 days, the volatility rate increased by 3.25%, as shares sank -8.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.33% upper at present.
During the last 5 trading sessions, VERX fell by -4.36%, which changed the moving average for the period of 200-days by +72.00% in comparison to the 20-day moving average, which settled at $53.77. In addition, Vertex Inc saw -3.59% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VERX starting from SCHWAB JOHN R, who sale 20,000 shares at the price of $53.05 back on Dec 17 ’24. After this action, SCHWAB JOHN R now owns 53,104 shares of Vertex Inc, valued at $1,060,932 using the latest closing price.
SCHWAB JOHN R, the Officer of Vertex Inc, proposed sale 20,000 shares at $53.05 during a trade that took place back on Dec 17 ’24, which means that SCHWAB JOHN R is holding shares at $1,060,931 based on the most recent closing price.
Stock Fundamentals for VERX
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.61 for the gross margin
The net margin for Vertex Inc stands at 0.05. The total capital return value is set at 0.02. Equity return is now at value 12.69, with 3.18 for asset returns.
Based on Vertex Inc (VERX), the company’s capital structure generated 0.57 points at debt to capital in total, while cash flow to debt ratio is standing at 0.5. The debt to equity ratio resting at 1.31. The interest coverage ratio of the stock is 3.23.
Currently, EBITDA for the company is 56.95 million with net debt to EBITDA at 0.95. When we switch over and look at the enterprise to sales, we see a ratio of 12.59. The receivables turnover for the company is 4.95for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.03.
Conclusion
In a nutshell, Vertex Inc (VERX) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
