Goldman Sachs analyst Adam Hotchkiss maintains $Vertex (VERX.US)$ with a buy rating, and sets the target price at $59.
According to TipRanks data, the analyst has a success rate of 75.6% and a total average return of 19.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Vertex (VERX.US)$'s main analysts recently are as follows:
Following robust third-quarter performance, expectations are set for continued benefits from an emerging ERP upgrade 'super-cycle' and increased global e-invoicing regulations. This scenario is seen as positioning the company to maintain steady, mid-teens revenue growth along with enhanced profitability.
Vertex demonstrated robust performance with its Q3 earnings surpassing expectations, driven by a rise in subscription revenue and EBITDA. This was slightly counterbalanced by the anticipated growth in core annual recurring revenue and the number of new customers. Analysts acknowledge underestimating Vertex's potential to achieve mid to high-teens growth with limited expansion in its customer base.
The firm has acknowledged Vertex for reporting a robust quarter that surpassed revenue and profit expectations, coupled with an uplift in the full-year guidance. This positive outlook persists even when considering the recent acquisition of ecosio.
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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高盛集团分析师Adam Hotchkiss维持$Vertex (VERX.US)$买入评级，目标价59美元。
根据TipRanks数据显示，该分析师近一年总胜率为75.6%，总平均回报率为19.9%。
此外，综合报道，$Vertex (VERX.US)$近期主要分析师观点如下：
在强劲的第三季度表现之后，预计公司将继续受益于新兴ERP升级“超级周期”和全球电子发票监管的增加。这一情景被认为将有助于公司保持稳定的中等营业收入增长率，同时增强盈利能力。
Vertex展示了强劲的表现，其第三季度收入超出预期，受订阅营收和EBITDA的增长推动。这在一定程度上被核心年度重复营收和新客户数量的增长所抵消。分析师们承认低估了Vertex实现中到高十几的增长以及客户群体有限扩张的潜力。
该公司已经承认Vertex报告了强劲的季度业绩，超出营收和利润预期，并提升了全年指南。即使考虑到最近收购ecosio，这种积极的展望仍将持续。
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