<div id="readability-page-1"><p>Vertex, Inc. (NASDAQ:VERX - Get Free Report) has been given a consensus rating of &#34;Moderate Buy&#34; by the eighteen analysts that are presently  covering the stock, Marketbeat reports. One investment analyst  has rated the stock with a sell recommendation, five have assigned  a hold recommendation and twelve have assigned  a buy recommendation to  the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $32.60.</p><ul><li>Tax Software Specialist Vertex In Buy Zone After Base Breakout</li></ul><p>VERX has been the topic of a number of research reports. The Goldman Sachs Group dropped their target price on shares of Vertex from $43.00 to $28.00 and set a &#34;buy&#34; rating on the stock in a research report on Wednesday, November 5th. Robert W. Baird  set a $25.00 price objective on shares of Vertex in a report on Tuesday, November 4th. JMP Securities  set a $37.00 target price on Vertex in a research note on Tuesday, November 4th. Weiss Ratings  reaffirmed a &#34;sell (d)&#34; rating on shares of Vertex in a research report on Wednesday, October 8th. Finally, Needham &amp; Company LLC cut their price target on Vertex from $40.00 to $30.00 and set a &#34;buy&#34; rating on the stock in a report on Tuesday, November 4th.</p><p><b>View Our Latest Research Report on VERX</b></p><h2>Institutional Inflows and Outflows</h2><ul><li>3 Small Financial Software Makers Showing Strong Chart Action </li></ul><p>A number of hedge funds have recently made changes to their positions in VERX. Fifth Third Bancorp raised its holdings in shares of  Vertex by 31.0% in the 2nd quarter. Fifth Third Bancorp now owns 1,467 shares of the company's stock worth $52,000 after acquiring an additional 347 shares during the last quarter.  Advisors Asset Management Inc. increased its holdings in  Vertex by 25.7% during the 1st quarter. Advisors Asset Management Inc. now owns 1,933 shares of the company's stock worth $68,000 after purchasing an additional 395 shares in the last quarter.  Blue Trust Inc. raised its stake in shares of  Vertex by 44.4% in the second quarter. Blue Trust Inc. now owns 1,664 shares of the company's stock worth $59,000 after purchasing an additional 512 shares during the last quarter.  Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of  Vertex by 0.4% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 137,913 shares of the company's stock valued at $3,456,000 after purchasing an additional 564 shares in the last quarter.  Finally, Strategic Advocates LLC boosted its position in shares of  Vertex by 9.6% during the second quarter. Strategic Advocates LLC now owns 6,464 shares of the company's stock valued at $228,000 after buying an additional 565 shares during the last quarter. 70.32% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Vertex Stock Up 0.3%</h2><p>Shares of NASDAQ:VERX opened at $20.04 on Friday. Vertex has a 1 year low of $18.54 and a 1 year high of $60.71. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.01 and a quick ratio of 1.01. The business's 50-day moving average is $20.90 and its 200-day moving average is $26.63. The company has a market capitalization of $3.20 billion, a price-to-earnings ratio of -57.26, a P/E/G ratio of 4.06 and a beta of 0.68. </p><ul><li>Vertex Should Benefit From a Renewed Focus on Globalization</li></ul><p>Vertex (NASDAQ:VERX - Get Free Report) last issued its earnings results on Monday, November 3rd. The company reported $0.17 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. Vertex had a positive return on equity of 26.84% and a negative net margin of 7.32%.The business had revenue of $192.11 million during the quarter, compared to the consensus estimate of $191.62 million. During the same period in the previous year, the company posted $0.16 earnings per share. The firm's revenue for the quarter was up 12.7% on a year-over-year basis.  Equities research analysts predict that  Vertex will post 0.38 earnings per share for the current year. </p><p>Vertex announced that its Board of Directors has approved a share buyback plan on Monday, November 3rd that allows the company to buyback $150.00 million in    shares. This buyback authorization allows the company to reacquire up to 4.1% of its stock  through open market purchases. Stock  buyback plans are generally a sign that the company's management believes its stock is undervalued. </p><h2>Vertex Company Profile</h2> (Get Free Report)<p>Vertex Energy, Inc <span>NASDAQ: VERX<span></span></span> is a specialty refiner and marketer of transportation fuels and petrochemical feedstocks in the United States. The company collects and processes a variety of waste petroleum products, including used motor oil and industrial lubricants, which it converts into ultra-low-sulfur diesel, asphalt, and other refined products. By leveraging proprietary re-refining technologies and strategic feedstock sourcing, Vertex Energy aims to deliver cost-effective, lower-carbon fuel solutions to wholesale and retail customers across the country.  </p><p>Headquartered in Houston, Texas, Vertex operates a network of refining and blending facilities in key regions, including the Central, Northeast and Mid-Atlantic markets.</p><h2>Read More</h2><ul><li>Five stocks we like better than Vertex</li><li>Washington prepares for war</li><li>Put $1,000 into this stock by Jan 1 [Not NVDA]</li><li>Turn your &#34;dead money&#34; into $306+ monthly (starting this month)</li><li>A month before the crash</li><li>Strange Crystal Metal Outperforms Silicon Up to 100X</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VkVSWA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VkVSWA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Vertex Right Now?</h2><p>Before you consider Vertex, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vertex wasn't on the list.</p><p>While Vertex currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

VERX

<p>Vertex, Inc. (NASDAQ:VERX) has received a consensus 'Moderate Buy' rating from analysts, with varied price targets from firms like Goldman Sachs and JMP Securities. Institutional investors have increased their holdings, and Vertex announced a $150 million share buyback plan, indicating confidence in its stock valuation.</p>

Vertex, Inc. (NASDAQ:VERX) Receives Consensus Recommendation of "Moderate Buy" from Analysts