With 0.82 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.76 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $52.33 whereas the lowest price it dropped to was $50.82. The 52-week range on VERX shows that it touched its highest point at $52.93 and its lowest point at $23.31 during that stretch. It currently has a 1-year price target of $56.27. Beta for the stock currently stands at 0.71.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VERX was up-trending over the past week, with a rise of 3.42%, but this was up by 24.22% over a month. Three-month performance surged to 46.08% while six-month performance rose 57.13%. The stock gained 92.53% in the past year, while it has gained 94.17% so far this year. A look at the trailing 12-month EPS for VERX yields 0.19 with Next year EPS estimates of 0.69. For the next quarter, that number is 0.14. This implies an EPS growth rate of 52.71% for this year and 15.73% for next year. EPS is expected to grow by 10.72% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -15.58%.
Float and Shares Shorts:
At present, 60.99 million VERX shares are outstanding with a float of 58.93 million shares on hand for trading. On 2024-10-31, short shares totaled 5.78 million, which was 371.00002 higher than short shares on 1727654400. In addition to Mr. David DeStefano as the firm’s CEO, President & Chairman of the Board, Ms. Amanda Westphal Radcliffe serves as its Co-Owner & Independent Director.
Institutional Ownership:
Through their ownership of 1.07586 of VERX’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, VERX reported revenue of $170435000.0 and operating income of $4896000.0. The EBITDA in the recently reported quarter was $26019000.0 and diluted EPS was $0.04.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VERX since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With VERX analysts setting a high price target of 62.0 and a low target of 46.0, the average target price over the next 12 months is 56.27273. Based on these targets, VERX could surge 18.52% to reach the target high and fall by -12.06% to reach the target low. Reaching the average price target will result in a growth of 7.58% from current levels.
Analysts have provided yearly estimates in a range of $0.71082 being high and $0.54752 being low. For VERX, this leads to a yearly average estimate of $0.59555.
