Vertex (NASDAQ:VERX) Issues Quarterly Earnings Results

Vertex (NASDAQ:VERX) posted its quarterly earnings results on Thursday. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.16 by $0.01, Briefing.com reports. The firm had revenue of $196.65 million during the quarter, compared to analysts’ expectations of $194.82 million. Vertex had a return on equity of 24.70% and a net margin of 0.96%.The company’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.15 EPS.

Here are the key takeaways from Vertex’s conference call:

• Q1 beat expectations with $196.6 million revenue (up ~11% YoY) and $44.1 million adjusted EBITDA (up ~18%), both above the high end of guidance.
• The April “value creation” actions (?9% workforce reduction plus third?party spend cuts) produced a $6.2 million pre?tax charge in Q1 but are expected to generate ~$60–70 million of annual cash savings on a 2027 run?rate and drove an increase to full?year adjusted EBITDA guidance.
• Vertex is embedding AI around its deterministic tax engine (not replacing it); its first commercial AI, Smart Categorization, is in production and materially cuts SKU categorization time, improving productivity and support/service efficiency.
• The e?invoicing business is growing well ahead of corporate rates, and the Brinta acquisition adds Latin American coverage and an AI?native compliance architecture ahead of mandates in France (this year) and Germany (2027), which should drive back?half revenue ramps.
• Vertex lowered its medium?term revenue posture to “low double digits” growth (roughly 10–13%), down from prior mid/high?teens targets, which may temper topline upside expectations for investors.

Vertex Price Performance

Shares of VERX stock traded up $0.26 during trading hours on Friday, hitting $14.93. The company had a trading volume of 2,238,719 shares, compared to its average volume of 1,932,685. Vertex has a 12 month low of $10.59 and a 12 month high of $42.44. The firm has a market capitalization of $2.39 billion, a price-to-earnings ratio of 373.34 and a beta of 0.81. The firm’s fifty day moving average is $12.86 and its 200 day moving average is $16.97. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.98 and a current ratio of 0.98.

Wall Street Analysts Forecast Growth

VERX has been the subject of several recent research reports. BMO Capital Markets upped their price target on Vertex from $14.00 to $17.00 and gave the company an “outperform” rating in a report on Friday. Morgan Stanley reaffirmed an “overweight” rating and issued a $19.00 price target on shares of Vertex in a report on Friday. Piper Sandler upped their price target on Vertex from $14.00 to $16.00 and gave the company a “neutral” rating in a report on Thursday. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $21.00 price target on shares of Vertex in a report on Thursday. Finally, Stifel Nicolaus set a $16.00 price target on Vertex in a report on Wednesday, February 11th. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Vertex presently has an average rating of “Hold” and an average target price of $21.07.

Vertex News Roundup

Here are the key news stories impacting Vertex this week:

• Positive Sentiment: Vertex reported first-quarter earnings of $0.17 per share, ahead of the $0.16 estimate, and revenue of $196.65 million, also above expectations; revenue rose 11.1% year over year. Vertex earnings call transcript
• Positive Sentiment: The company’s outlook also looks constructive, with Q2 revenue guidance of $200 million-$204 million and full-year revenue guidance of $823.5 million-$831.5 million, both roughly in line with or slightly above consensus. Vertex Q1 2026 financial results
• Positive Sentiment: BMO Capital Markets raised its price target on Vertex from $14 to $17 and reiterated an outperform rating, while Piper Sandler also lifted its target from $14 to $16, signaling improved confidence in the stock’s upside. BMO Capital Markets price target increase
• Neutral Sentiment: Zacks and other market commentary focused on the earnings beat and key metrics, reinforcing the view that investors are re-evaluating the company after the report. Compared to Estimates, Vertex Q1 Earnings
• Neutral Sentiment: Technical-chart coverage noted that Vertex is showing strength on the Nasdaq chart, which may be adding short-term momentum to the move. Vertex move higher signals strength on The Nasdaq chart

Insider Activity at Vertex

In related news, Director Eric C. Andersen acquired 40,000 shares of the stock in a transaction dated Friday, February 20th. The shares were bought at an average cost of $12.91 per share, for a total transaction of $516,400.00. Following the purchase, the director owned 150,341 shares in the company, valued at approximately $1,940,902.31. This trade represents a 36.25% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Jeffrey Westphal acquired 150,000 shares of the stock in a transaction dated Tuesday, February 17th. The stock was bought at an average price of $12.53 per share, for a total transaction of $1,879,500.00. Following the completion of the purchase, the insider owned 397,740 shares in the company, valued at approximately $4,983,682.20. This trade represents a 60.55% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders bought 437,740 shares of company stock worth $5,636,339. Corporate insiders own 43.25% of the company’s stock.

Institutional Investors Weigh In On Vertex

Several large investors have recently modified their holdings of VERX. Global Retirement Partners LLC bought a new stake in Vertex during the 4th quarter worth approximately $32,000. Empowered Funds LLC bought a new stake in Vertex during the 4th quarter worth approximately $45,000. Raymond James Financial Inc. bought a new stake in Vertex during the 2nd quarter worth approximately $54,000. Advisors Asset Management Inc. grew its position in Vertex by 36.9% during the 4th quarter. Advisors Asset Management Inc. now owns 3,320 shares of the company’s stock worth $66,000 after acquiring an additional 895 shares during the last quarter. Finally, Johnson Financial Group Inc. bought a new stake in Vertex during the 3rd quarter worth approximately $130,000. 70.32% of the stock is currently owned by institutional investors.

About Vertex

Vertex Energy, Inc (NASDAQ: VERX) 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.

Headquartered in Houston, Texas, Vertex operates a network of refining and blending facilities in key regions, including the Central, Northeast and Mid-Atlantic markets.