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How to buy Vertex stock

The cloud-based tax software provider is available on the NASDAQ.

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Vertex, Inc is a software—application business based in the US. Vertex shares (VERX) are listed on the NASDAQ and all prices are listed in US Dollars. Vertex employs 1,100 staff and has a trailing 12-month revenue of around USD$349 million.

How to buy shares in Vertex

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Vertex Find the stock by name or ticker symbol: VERX. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Vertex reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$23.31, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Vertex, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Vertex. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Vertex's share price?

Since the stock market crash in March caused by coronavirus, Vertex's share price has had significant negative movement.

Its last market close was USD$23.31, which is 15.22% down on its pre-crash value of USD$27.4937 and 22.75% up on the lowest point reached during the March crash when the shares fell as low as USD$18.9902.

If you had bought USD$1,000 worth of Vertex shares at the start of February 2020, those shares would have been worth USD$775.24 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$871.09.

Vertex share price

Use our graph to track the performance of VERX stocks over time.

Vertex shares at a glance

Information last updated 2020-09-25.
Latest market closeUSD$23.31
52-week rangeUSD$18.9902 - USD$29.69
50-day moving average USD$24.542
200-day moving average USD$24.4761
Wall St. target priceUSD$28.86
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) N/A

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Vertex stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Vertex price performance over time

Historical closes compared with the close of $23.31 from 2020-09-29

1 week (2020-09-23) 6.68%
1 month (2020-08-28) -17.31%
3 months (2020-06-30) -9.99%
6 months (2020-03-30) 6.85%
1 year (2019-09-30) -12.50%
2 years (2018-09-28) -10.16%
3 years (2017-09-29) -11.03%
5 years (2015-09-30) 23.86%

Is Vertex under- or over-valued?

Valuing Vertex stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Vertex's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Vertex's EBITDA

Vertex's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$14.3 million.

The EBITDA is a measure of a Vertex's overall financial performance and is widely used to measure a its profitability.

Vertex financials

Revenue TTM USD$349 million
Gross profit TTM USD$211.1 million
Return on assets TTM 0%
Return on equity TTM 0%
Profit margin -11.9%
Book value N/A
Market capitalisation USD$3.2 billion

TTM: trailing 12 months

Shorting Vertex shares

There are currently 843,292 Vertex shares held short by investors – that's known as Vertex's "short interest". This figure is 16.4% up from 724,363 last month.

There are a few different ways that this level of interest in shorting Vertex shares can be evaluated.

Vertex's "short interest ratio" (SIR)

Vertex's "short interest ratio" (SIR) is the quantity of Vertex shares currently shorted divided by the average quantity of Vertex shares traded daily (recently around 585619.44444444). Vertex's SIR currently stands at 1.44. In other words for every 100,000 Vertex shares traded daily on the market, roughly 1440 shares are currently held short.

However Vertex's short interest can also be evaluated against the total number of Vertex shares, or, against the total number of tradable Vertex shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Vertex's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Vertex shares in existence, roughly 10 shares are currently held short) or 0.0329% of the tradable shares (for every 100,000 tradable Vertex shares, roughly 33 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Vertex.

Find out more about how you can short Vertex stock.

Vertex share dividends

We're not expecting Vertex to pay a dividend over the next 12 months.

Vertex overview

Vertex, Inc. provides tax technology solutions for corporations in retail, leasing, communication, and manufacturing industries in the United States and internationally. It offers tax determination, compliance and reporting, tax data management, document management, pre-built integration, and industry-specific solutions. The company sells its software products through software license and software as a service subscriptions. It also offers implementation and training services in connection with its software license and cloud subscriptions, transaction tax returns outsourcing, and other tax-related services. The company was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.

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