Vertex stock hits 52-week low at $24.45 amid challenging year

Published 03/09/2025, 20:28
Vertex stock hits 52-week low at $24.45 amid challenging year

Vertex stock has reached a new 52-week low, hitting $24.45, as the company continues to navigate a challenging market environment. With a market capitalization of $3.9 billion and revenue growth of 15% in the last twelve months, the company maintains a solid gross profit margin of 65%. According to InvestingPro analysis, the stock is currently trading near its Fair Value. Over the past year, Vertex has experienced a significant decline, with its stock price decreasing by 32.07%. This downturn reflects broader market trends and specific challenges faced by the company, impacting investor sentiment. The latest price point marks a critical juncture for Vertex as it seeks to stabilize and recover from this significant dip. While nine analysts have revised their earnings downward, InvestingPro data reveals that net income is expected to grow this year, with analysts projecting profitability. For deeper insights and 10+ additional ProTips about Vertex, access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Vertex Inc. reported its second-quarter 2025 earnings, with non-GAAP earnings per share of $0.15, slightly surpassing the consensus estimate of $0.14. The company achieved revenue of $184.6 million, aligning with analyst expectations and reflecting a 15% year-over-year growth, 12% of which was organic. Despite these results, several firms adjusted their stock price targets for Vertex. Citizens JMP lowered its target to $50 while maintaining a Market Outperform rating. Stifel reduced its price target to $25 from $31, citing macroeconomic challenges and delayed ERP migrations, and kept a Hold rating. BMO Capital also revised its target to $30 from $38, maintaining a Market Perform rating due to softer-than-expected results and a slowdown in the SAP ecosystem. Meanwhile, DA Davidson assumed coverage with a Neutral rating and set a price target of $29. These developments highlight varying analyst perspectives following the recent earnings report.

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