With 0.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.43 million shares. The 52-week range on VERX shows that it touched its highest point at $60.71 and its lowest point at $30.26 during that stretch. It currently has a 1-year price target of $48.00. Beta for the stock currently stands at 0.73.
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 2.94%, but this was down by -1.89% over a month. Three-month performance dropped to -19.13% while six-month performance fell -23.86%. The stock gained 21.10% in the past year, while it has lost -27.82% so far this year. A look at the trailing 12-month EPS for VERX yields -0.29 with Next year EPS estimates of 0.79. For the next quarter, that number is 0.14. This implies an EPS growth rate of 3.75% for this year and 24.41% for next year.
Float and Shares Shorts:
At present, 71.91 million VERX shares are outstanding with a float of 63.78 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.