News
VERX
27.94
-6.99%
-2.10
Reported Earlier, Vertex Prices Upsized $300M 0.750% Convertible Senior Notes Due 2029
The size of the offering was increased from the previously announced $250 million aggregate principal amount of notes. The sale of the notes is expected to settle on April 26, 2024. Vertex granted initial purchasers an option to purchase up to an additional $45 million in notes.
Benzinga · 9m ago
VERTEX INC - ANNOUNCED PRICING OF $300 MLN AGGREGATE PRINCIPAL AMOUNT OF 0.750% CONVERTIBLE SENIOR NOTES DUE 2029
Reuters · 4h ago
Vertex, Inc. Announces Pricing of Upsized $300 Million Convertible Senior Notes Offering
Vertex, Inc. Announced the pricing of $300 million aggregate principal amount of 0.750% convertible senior notes due 2029. The sale of the notes is expected to settle on April 26, 2024. Vertex is a leading global provider of indirect tax solutions.
Barchart · 9h ago
Cracking The Code: Understanding Analyst Reviews For Vertex
Vertex Inc is a provider of tax technology and services. The company has a 12-month price target of $38.3. Vertex has been rated by 10 analysts in the past three months. The average price target has increased by 20.52% over the past year.
Benzinga · 10h ago
BUZZ-U.S. STOCKS ON THE MOVE-Visa, Tesla, US energy sector
Dow Jones Industrial Average was up 0.77% at 38,535.1. Wall Street's main indexes advanced on Tuesday as growth and chip shares gained. Stocks like General Motors and Spotify rose on upbeat earnings updates ahead of quarterly reports from big technology companies. The top three S&P 500 percentage gainers were Globe Life, Danaher.
Reuters · 11h ago
Vertex Is Maintained at Neutral by Citigroup
Dow Jones · 13h ago
Citigroup Maintains Neutral on Vertex, Lowers Price Target to $32
Benzinga · 13h ago
BUZZ-U.S. STOCKS ON THE MOVE-Neurocrine, SunPower, NextEra Energy
Dow Jones Industrial Average was up 0.53% at 38,444.3. Stocks like General Motors and Spotify rose on upbeat earnings updates. Growth and chip shares gained as growth and tech shares rose. Neurocrine, SunPower, NextEra Energy among the day's losers.
Reuters · 13h ago
BUZZ-Vertex drops on planned convertible debt offering
Vertex drops on planned convertible debt offering. Shares of tax software firm Vertex Inc down 6.2% at $28.18 on Tues. Co announced private offering of $250 mln 5-yr convertible bonds. Preliminary Q1 results topped consensus estimates. Vertex was outbid by Thomson Reuters in Jan.
Reuters · 15h ago
Vertex Price Target Maintained With a $42.00/Share by JMP Securities
Dow Jones · 15h ago
JMP Securities Reiterates Market Outperform on Vertex, Maintains $42 Price Target
Benzinga · 15h ago
Amazon To Rally Over 37%? Here Are 10 Top Analyst Forecasts For Tuesday
HSBC cut the price target for Intel Corporation from $44 to $37 on Monday. B of A Securities slashed the price of Vertex, Inc. And cut the target for Marriott International. BMO Capital boosted Amazon.com, Inc.'s price target from $205 to $215. Susquehanna raised Impinj's price target.
Benzinga · 17h ago
Vertex Price Target Cut to $34.00/Share From $40.00 by B of A Securities
Dow Jones · 18h ago
Vertex Is Maintained at Neutral by B of A Securities
Dow Jones · 18h ago
B of A Securities Maintains Neutral on Vertex, Lowers Price Target to $34
Benzinga · 18h ago
Vertex Expands Debt Capacity and Plans Convertible Notes Offer
TipRanks · 19h ago
VERTEX INC <VERX.O>: CITIGROUP CUTS TARGET PRICE TO $32 FROM $34
Reuters · 20h ago
Maintaining Hold on Vertex Amid Mixed Financial Performance and Growth Concerns
TipRanks · 20h ago
U.S. RESEARCH ROUNDUP-Blackline, Medpace Holdings, Roblox
Wall Street analysts revise ratings and price targets on several U.S.-listed companies. Airbnb, Medpace Holdings, Roblox and Intel among those with revised targets. Airbnb raises target price to $150 from $145. JP Morgan adds stock to its focus list.
Reuters · 22h ago
Vertex drops 2.5% after providing prelim Q1 numbers
Tech Vertex drops 2.5% after providing prelim Q1 numbers for the period ended March 31, 2024. The company expects revenues between $155.5M and $157.5m for the quarter. The stock price dropped 2.6% on Tuesday during pre-market trade.
Seeking Alpha · 23h ago
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About VERX
Vertex, Inc. is a provider of enterprise tax technology solutions. The Company operates as a solution provider of state, local and value-added tax calculation, compliance and analytics, offering software products which are sold through software license and software as a service (cloud) subscription. The Company also provides implementation and training services in connection with its software license and cloud subscriptions, transaction tax returns outsourcing, and other tax-related services. The Company offers its services to customers located throughout the United States of America and internationally. It offers a range of solutions, including tax determination, compliance and reporting, tax data management, document management, analytics and insights, pre-built integrations, industry-specific solutions, implementation services, and managed services. The Company offers various managed services, including indirect tax return preparation, filing and tax payment and notice management.