The price-to-earnings ratio for Vertex Inc (NASDAQ: VERX) is above average at 269.26x. The 36-month beta value for VERX is also noteworthy at 0.78. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 4 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
The public float for VERX is 58.93M, and at present, short sellers hold a 9.02% of that float. The average trading volume of VERX on February 13, 2025 was 838.15K shares.
VERX) stock’s latest price update
Vertex Inc (NASDAQ: VERX)’s stock price has plunge by -3.48relation to previous closing price of 52.36. Nevertheless, the company has seen a -13.10% plunge in its stock price over the last five trading sessions. accessnewswire.com reported 2025-02-12 that NEW YORK, NY / ACCESS Newswire / February 12, 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
VERX’s stock has fallen by -13.10% in the past week, with a monthly drop of -3.60% and a quarterly drop of -2.79%. The volatility ratio for the week is 5.02% while the volatility levels for the last 30 days are 3.64% for Vertex Inc The simple moving average for the last 20 days is -10.72% for VERX stock, with a simple moving average of 19.51% for the last 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 -7.92% 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 -16.75% of loss for the given period.
Volatility was left at 3.64%, however, over the last 30 days, the volatility rate increased by 5.02%, as shares sank -4.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.84% lower at present.
During the last 5 trading sessions, VERX fell by -13.10%, which changed the moving average for the period of 200-days by +71.85% in comparison to the 20-day moving average, which settled at $56.61. In addition, Vertex Inc saw -5.27% 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 ITEM SECOND IRR. TRUST FBO KYL, who sale 53,843 shares at the price of $56.48 back on Jan 22 ’25. After this action, ITEM SECOND IRR. TRUST FBO KYL now owns 1,229,257 shares of Vertex Inc, valued at $3,041,053 using the latest closing price.
ITEM SECOND IRR. TRUST FBO KYL, the 10% Owner of Vertex Inc, sale 18,157 shares at $56.52 during a trade that took place back on Jan 23 ’25, which means that ITEM SECOND IRR. TRUST FBO KYL is holding 1,211,100 shares at $1,026,234 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 0.58 points at debt to capital in total, while cash flow to debt ratio is standing at 0.48. The debt to equity ratio resting at 1.36. 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 12.37. 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 summary, Vertex Inc (VERX) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
