Vertex (NASDAQ:VERX) Issues Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Vertex (NASDAQ:VERX) posted its quarterly earnings results on Thursday. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.01, Briefing.com reports. The business had revenue of $196.65 million for 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 firm’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the business earned $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 Trading Up 1.8%

Shares of NASDAQ VERX traded up $0.26 during midday trading on Friday, reaching $14.93. 2,238,721 shares of the stock were exchanged, compared to its average volume of 1,932,686. Vertex has a 12 month low of $10.59 and a 12 month high of $42.44. The company has a market capitalization of $2.39 billion, a price-to-earnings ratio of 373.34 and a beta of 0.81. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.98 and a quick ratio of 0.98. The business has a 50-day simple moving average of $12.86 and a two-hundred day simple moving average of $16.97.

Insider Activity at Vertex

In other news, Director Eric C. Andersen purchased 40,000 shares of Vertex stock in a transaction on Friday, February 20th. The stock was purchased at an average price of $12.91 per share, with a total value of $516,400.00. Following the transaction, the director directly owned 150,341 shares in the company, valued at $1,940,902.31. The trade was a 36.25% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Jeffrey Westphal bought 150,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The shares were bought at an average price of $12.53 per share, for a total transaction of $1,879,500.00. Following the acquisition, the insider directly owned 397,740 shares of the company’s stock, valued at $4,983,682.20. This represents a 60.55% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 437,740 shares of company stock worth $5,636,339 over the last 90 days. Corporate insiders own 43.25% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Atom Investors LP increased its position in Vertex by 39.6% during the fourth quarter. Atom Investors LP now owns 14,067 shares of the company’s stock worth $281,000 after acquiring an additional 3,990 shares during the period. Inceptionr LLC bought a new position in Vertex during the 4th quarter worth $273,000. CANADA LIFE ASSURANCE Co raised its holdings in Vertex by 39.1% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 7,311 shares of the company’s stock valued at $259,000 after acquiring an additional 2,055 shares in the last quarter. Nomura Holdings Inc. acquired a new position in Vertex in the third quarter valued at about $247,000. Finally, Victory Capital Management Inc. lifted its position in Vertex by 9.9% during the third quarter. Victory Capital Management Inc. now owns 8,354 shares of the company’s stock worth $207,000 after purchasing an additional 753 shares during the period. Institutional investors and hedge funds own 70.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on VERX. Citizens Jmp lowered their price target on shares of Vertex from $37.00 to $25.00 and set a “market outperform” rating for the company in a research report on Thursday, February 12th. Stifel Nicolaus set a $16.00 target price on shares of Vertex in a research report on Wednesday, February 11th. BMO Capital Markets increased their price target on Vertex from $14.00 to $17.00 and gave the company an “outperform” rating in a research note on Friday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Vertex in a research note on Monday, April 20th. Finally, Citigroup upped their price objective on Vertex from $15.00 to $16.00 and gave the company a “neutral” rating in a report on Friday. 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. According to data from MarketBeat, Vertex currently has a consensus rating of “Hold” and an average target price of $21.07.

Key Stories Impacting Vertex

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

Vertex Company Profile

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.