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.
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富瑞集团分析师Samad Samana维持$Vertex (VERX.US)$买入评级,维持目标价60美元。
根据TipRanks数据显示,该分析师近一年总胜率为49.9%,总平均回报率为5.0%。
此外,综合报道,$Vertex (VERX.US)$近期主要分析师观点如下:
在vertex强劲的第三季度表现之后,预计来自新兴云ERP升级浪潮和全球电子发票法规的持续推动将为公司提供持续的助力。预计这将使vertex处于稳健的中青少年营业收入增长和盈利能力提升的位置。
公司展示出令人印象深刻的业绩,在Q3收入方面超出预期,尤其是订阅收入和EBITDA。这一表现略微平衡了核心年度循环收入和客户增长数量的预期增长。值得注意的是,公司以有限的客户扩张能力实现中高青少年增长的潜力以前被低估。
分析师指出,vertex交出了强劲的一个季度,营收和利润超过预期,并提升了全年指导。即使考虑到最近收购ecosio,2024年营收前景也有所上调。
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