Jefferies analyst Samad Samana maintains $Vertex (VERX.US)$ with a buy rating, and maintains the target price at $60.
According to TipRanks data, the analyst has a success rate of 49.9% and a total average return of 5.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Vertex (VERX.US)$'s main analysts recently are as follows:
Following Vertex's robust third-quarter performance, it's anticipated that continued momentum from an emerging Cloud ERP upgrade wave and global e-invoicing regulations will provide sustained tailwinds for the company. This is expected to position Vertex for a consistent mid-teens revenue growth and an enhancement in profitability.
The company showcased impressive results, surpassing expectations with its Q3 earnings, particularly in subscription revenue and EBITDA. This performance was slightly balanced by the anticipated growth in core annual recurring revenue and the number of customer additions. It was noted that the company's potential to achieve mid to high teens growth with limited customer expansion was previously undervalued.
Analysts noted that Vertex delivered a robust quarter, highlighted by a revenue and profit surpassing expectations and an elevated full-year guidance. Even considering the recent acquisition of ecosio, the outlook for 2024 revenue was adjusted upwards.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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富瑞集團分析師Samad Samana維持$Vertex (VERX.US)$買入評級，維持目標價60美元。
根據TipRanks數據顯示，該分析師近一年總勝率為49.9%，總平均回報率為5.0%。
此外，綜合報道，$Vertex (VERX.US)$近期主要分析師觀點如下：
經過vertex強勁的第三季度業績，預計持續增長的新興雲ERP升級浪潮和全球電子發票法規將爲公司提供持續的助力。預計vertex將實現持續的中等營業收入增長和盈利能力提升。
該公司展示了令人印象深刻的成果，Q3盈利超出預期，特別是訂閱收入和EBITDA。這一表現略受核心年度循環收入和客戶增長數量的預期增長所抵消。據指出，公司以有限的客戶擴張能力實現中高青少年增長的潛力先前被低估。
分析師指出，vertex取得了強勁的季度業績，營收和利潤超出預期，並提升了全年指導。即使考慮到最近收購ecosio，2024年營業收入預期也上調。
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