Vertex (NASDAQ:VERX) Stock Price Down 4.9% – Here’s What Happened

Posted by Brenda Bartman on Jun 13th, 2026

Vertex, Inc. (NASDAQ:VERX – Get Free Report) traded down 4.9% during trading on Thursday . The company traded as low as $12.15 and last traded at $12.1570. 182,247 shares changed hands during trading, a decline of 90% from the average session volume of 1,836,740 shares. The stock had previously closed at $12.79.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Citigroup upped their price objective on shares of Vertex from $15.00 to $16.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Jefferies Financial Group set a $14.00 price objective on shares of Vertex in a research note on Saturday, May 9th. Needham & Company LLC reaffirmed a “buy” rating on shares of Vertex in a research note on Monday. DA Davidson set a $15.00 price objective on shares of Vertex in a research note on Friday, May 8th. Finally, Wall Street Zen downgraded shares of Vertex from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $20.93.

Read Our Latest Report on Vertex

Vertex Stock Performance

The stock’s 50-day moving average is $12.74 and its 200-day moving average is $15.43. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of -245.60 and a beta of 0.82. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.37.

Vertex (NASDAQ:VERX – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. The firm had revenue of $196.65 million during the quarter, compared to the consensus estimate of $194.82 million. Vertex had a negative net margin of 0.84% and a positive return on equity of 26.04%. The company’s revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.15 EPS. On average, analysts expect that Vertex, Inc. will post 0.52 EPS for the current year.

Hedge Funds Weigh In On Vertex

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in Vertex by 9.0% in the 3rd quarter. Vanguard Group Inc. now owns 8,387,126 shares of the company’s stock worth $207,917,000 after acquiring an additional 689,143 shares during the period. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in Vertex in the 1st quarter worth approximately $37,796,000. Wasatch Advisors LP boosted its holdings in Vertex by 9.2% in the 3rd quarter. Wasatch Advisors LP now owns 2,728,504 shares of the company’s stock worth $67,640,000 after acquiring an additional 229,774 shares during the period. Wellington Management Group LLP boosted its holdings in Vertex by 76.7% in the 3rd quarter. Wellington Management Group LLP now owns 2,161,501 shares of the company’s stock worth $53,584,000 after acquiring an additional 937,905 shares during the period. Finally, Champlain Investment Partners LLC boosted its holdings in Vertex by 19.9% in the 3rd quarter. Champlain Investment Partners LLC now owns 2,049,490 shares of the company’s stock worth $50,807,000 after acquiring an additional 340,680 shares during the period. Hedge funds and other institutional investors own 70.32% of the company’s stock.

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.