The IBD SmartSelect Composite Rating for Vertex rose from 92 to 96 Tuesday.
The new score means the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria. History shows the top market performers tend to have a 95 or higher score as they launch their major moves.
Vertex is not currently near a proper entry. See if the stock goes on to form a new chart pattern and offer a new buying opportunity.
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The stock earns a 93 EPS Rating, which means its recent quarterly and annual earnings growth is outpacing 93% of all stocks.
Its Accumulation/Distribution Rating of D shows moderate selling by institutional investors over the last 13 weeks. Look for the rating to improve to at least a C or better.
The company reported a 60% EPS gain for Q3. Revenue growth increased 18%, up from 15% in the prior quarter. That marks one quarter of accelerating revenue growth. The company's next quarterly report is expected on or around Feb. 27.
Vertex earns the No. 3 rank among its peers in the Computer Software-Financial industry group. Intapp is the No. 1-ranked stock within the group.
