Vertex (NASDAQ:VERX) Given New $17.00 Price Target at Robert W. Baird

Vertex (NASDAQ:VERX) had its price objective reduced by Robert W. Baird from $19.00 to $17.00 in a report released on Tuesday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Robert W. Baird’s price target would suggest a potential upside of 26.87% from the company’s current price.

VERX has been the topic of several other research reports. Citigroup lifted their target price on shares of Vertex from $15.00 to $16.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Jefferies Financial Group set a $14.00 price target on Vertex in a research report on Saturday, May 9th. Needham & Company LLC reissued a “buy” rating on shares of Vertex in a research report on Monday, June 8th. DA Davidson set a $15.00 price target on shares of Vertex in a research note on Friday, May 8th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $21.00 price objective on shares of Vertex in a research report on Thursday, May 7th. Seven equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $19.53.

Vertex Stock Up 3.8%

Shares of VERX opened at $13.40 on Tuesday. Vertex has a fifty-two week low of $10.21 and a fifty-two week high of $33.54. The company’s fifty day moving average is $12.42 and its two-hundred day moving average is $13.46. The firm has a market cap of $2.17 billion, a PE ratio of -268.00 and a beta of 0.83. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.37.

Vertex (NASDAQ:VERX) last issued its earnings results on Monday, August 3rd. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.01. The firm had revenue of $203.97 million for the quarter, compared to analysts’ expectations of $202.21 million. Vertex had a positive return on equity of 26.04% and a negative net margin of 0.84%.The firm’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.15 earnings per share. Analysts forecast that Vertex will post 0.52 earnings per share for the current year.

Hedge Funds Weigh In On Vertex

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Global Retirement Partners LLC bought a new position in Vertex during the 4th quarter worth $32,000. Empowered Funds LLC acquired a new position in shares of Vertex during the fourth quarter valued at $45,000. Raymond James Financial Inc. bought a new position in shares of Vertex during the second quarter worth about $54,000. Advisors Asset Management Inc. increased its holdings in shares of Vertex by 36.9% in 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 period. Finally, Assetmark Inc. lifted its position in Vertex by 49.1% in the 4th quarter. Assetmark Inc. now owns 4,180 shares of the company’s stock valued at $83,000 after purchasing an additional 1,376 shares during the last quarter. 70.32% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Vertex

Here are the key news stories impacting Vertex this week:

• Positive Sentiment: Q2 earnings exceeded expectations: Vertex reported adjusted earnings of $0.20 per share, ahead of the $0.19 consensus estimate and up from $0.15 a year earlier. Revenue increased 10.5% year over year to approximately $204.0 million, also topping the $202.2 million consensus cited by some analysts. Vertex quarterly earnings report
• Positive Sentiment: Cash generation and profitability improved: Gross profit rose to $131.3 million, operating losses narrowed to $4.4 million, and operating cash flow reached $30.9 million. The company ended the quarter with $230.5 million in cash and equivalents. Vertex Q2 2026 financial data
• Positive Sentiment: Analyst target increased: BMO Capital Markets raised its price target from $14 to $15 while retaining a “market perform” rating. The higher target reflects some confidence in Vertex’s execution, although the rating remains cautious.
• Positive Sentiment: Insider buying provides a supportive signal: Recent filings show substantially more insider purchases than sales over the past six months, including purchases by CEO Christopher Young and other executives. This may indicate management views the current valuation as attractive. Vertex insider trading activity
• Neutral Sentiment: Full-year outlook is broadly in line: Vertex guided for 2026 revenue of $825 million to $830 million, compared with the $827.2 million analyst consensus, suggesting no major change to expectations.
• Negative Sentiment: Q3 guidance was slightly below estimates: Management forecast third-quarter revenue of $208 million to $211 million, versus the $211.6 million consensus. That modest shortfall, along with the company’s still-negative net margin, could weigh on sentiment despite the quarterly earnings beat. Vertex Q2 earnings and guidance

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.