Why Vertex (VERX) Might be Well Poised for a Surge [Yahoo! Finance]
Vertex, Inc. - Class A (VERX)
Company Research
Source: Yahoo! Finance
The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. For Vertex, strong agreement among the covering analysts in revising earnings estimates upward has resulted in meaningful improvement in consensus estimates for the next quarter and full year. The company is expected
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VERX
News
- What Makes Vertex (VERX) a Prospective Investment? [Yahoo! Finance]Yahoo! Finance
- Vertex, Inc. (NASDAQ: VERX) had its price target raised by analysts at Stifel Nicolaus from $52.00 to $58.00. They now have a "buy" rating on the stock.MarketBeat
- Vertex, Inc. (NASDAQ: VERX) had its price target raised by analysts at Citigroup Inc. from $46.00 to $54.00. They now have a "neutral" rating on the stock.MarketBeat
- Vertex Named a Leader in the 2024 IDC MarketScape for Worldwide SaaS and Cloud-Enabled Tax Automation Software for Enterprise, SMB and VAT [Yahoo! Finance]Yahoo! Finance
- Vertex Named a Leader in the 2024 IDC MarketScape for Worldwide SaaS and Cloud-Enabled Tax Automation Software for Enterprise, SMB and VATGlobeNewswire
VERX
Earnings
- 11/6/24 - Beat
VERX
Sec Filings
- 12/18/24 - Form 4
- 12/17/24 - Form 144
- 12/16/24 - Form 4
- VERX's page on the SEC website