With 0.89 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.89 million shares. The 52-week range on VERX shows that it touched its highest point at $60.71 and its lowest point at $24.47 during that stretch. It currently has a 1-year price target of $59.64. Beta for the stock currently stands at 0.81.
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 down-trending over the past week, with a drop of -6.17%, but this was down by -23.44% over a month. Three-month performance dropped to -14.77% while six-month performance rose 22.14%. The stock gained 78.12% in the past year, while it has lost -18.20% so far this year. A look at the trailing 12-month EPS for VERX yields 0.19 with Next year EPS estimates of 0.70. For the next quarter, that number is 0.14. This implies an EPS growth rate of 56.47% for this year and 14.03% for next year. EPS is expected to grow by 32.71% 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, 65.72 million VERX shares are outstanding with a float of 58.93 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.7168 being high and $0.58119 being low. For VERX, this leads to a yearly average estimate of $0.61025. Based on analyst estimates, the high estimate for the next quarter is $0.19 and the low estimate is $0.13. The average estimate for the next quarter is thus $0.16.
