Vertex (NASDAQ:VERX) Announces Earnings Results

by · The Cerbat Gem

Vertex (NASDAQ:VERX – Get Free Report) announced its earnings results on Thursday. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.16 by $0.01, Briefing.com reports. The business had revenue of $196.65 million during the quarter, compared to analysts’ expectations of $194.82 million. Vertex had a negative net margin of 0.84% and a positive return on equity of 25.77%. The firm’s revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.15 earnings per share.

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 Stock Performance

Shares of VERX traded up $0.26 during midday trading on Friday, reaching $14.93. 2,258,511 shares of the stock were exchanged, compared to its average volume of 1,393,903. The stock’s 50 day simple moving average is $12.86 and its 200 day simple moving average is $16.97. The company has a market cap of $2.39 billion, a P/E ratio of -298.60 and a beta of 0.81. Vertex has a twelve month low of $10.59 and a twelve month high of $42.44. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.30.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. BMO Capital Markets raised their price objective on Vertex from $14.00 to $17.00 and gave the company an “outperform” rating in a report on Friday. UBS Group set a $25.00 price target on Vertex in a research note on Thursday, February 12th. The Goldman Sachs Group reiterated a “buy” rating and set a $21.00 price objective on shares of Vertex in a research note on Thursday. DA Davidson set a $15.00 target price on shares of Vertex in a research note on Friday. Finally, Piper Sandler boosted their target price on shares of Vertex from $14.00 to $16.00 and gave the stock a “neutral” rating in a report on Thursday. Seven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $21.07.

Get Our Latest Analysis on Vertex

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 Transactions at Vertex

In other Vertex news, insider Jeffrey Westphal purchased 247,740 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were acquired at an average cost of $13.08 per share, with a total value of $3,240,439.20. Following the completion of the transaction, the insider owned 247,740 shares in the company, valued at $3,240,439.20. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Eric C. Andersen acquired 40,000 shares of the company’s stock in a transaction on Friday, February 20th. The stock was acquired at an average price of $12.91 per share, with a total value of $516,400.00. Following the purchase, the director directly owned 150,341 shares in the company, valued at approximately $1,940,902.31. This represents a 36.25% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders have purchased 437,740 shares of company stock worth $5,636,339. 43.25% of the stock is owned by insiders.

Institutional Investors Weigh In On Vertex

Several institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada increased its stake in Vertex by 36.3% during the 1st quarter. Royal Bank of Canada now owns 180,978 shares of the company’s stock worth $6,336,000 after acquiring an additional 48,181 shares during the period. Advisors Asset Management Inc. lifted its position in shares of Vertex by 25.7% during the 1st quarter. Advisors Asset Management Inc. now owns 1,933 shares of the company’s stock valued at $68,000 after acquiring an additional 395 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Vertex by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 81,935 shares of the company’s stock worth $2,869,000 after purchasing an additional 3,461 shares in the last quarter. Prudential Financial Inc. grew its holdings in shares of Vertex by 92.1% during the 2nd quarter. Prudential Financial Inc. now owns 8,105 shares of the company’s stock worth $286,000 after purchasing an additional 3,885 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of Vertex by 10,910.6% in the second quarter. Russell Investments Group Ltd. now owns 13,543 shares of the company’s stock worth $479,000 after purchasing an additional 13,420 shares during the period. 70.32% of the stock is currently owned by institutional investors.

Vertex Company Profile

(Get Free Report)

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.

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