In recent trading session, Vertiv Holdings Co (NYSE:VRT) saw 1.44 million shares changing hands at last check today with its beta currently measuring 1.37. Company’s recent per share price level of $11.32 trading at -$0.43 or -3.66% at last check today assigns it a market valuation of $4.68B. That most recent trading price of VRT’s stock is at a discount of -147.08% from its 52-week high price of $27.97 and is indicating a premium of 31.45% from its 52-week low price of $7.76. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.26 million shares which gives us an average trading volume of 3.56 million if we extend that period to 3-months.
For Vertiv Holdings Co (VRT), analysts’ consensus is at an average recommendation of an Overweight while assigning it a mean rating of 2.50. Splitting up the data highlights that, out of 11 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 6 see the stock as a Buy. 1 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.1 in the current quarter.
Vertiv Holdings Co (NYSE:VRT) trade information
Upright in the red during last session for losing -3.66%, in the last five days VRT remained trading in the red while hitting it’s week-highest on Friday, 09/16/22 when the stock touched $11.32 price level, adding 10.8% to its value on the day. Vertiv Holdings Co’s shares saw a change of -52.94% in year-to-date performance and have moved -10.03% in past 5-day. Vertiv Holdings Co (NYSE:VRT) showed a performance of -2.49% in past 30-days. Number of shares sold short was 9.25 million shares which calculate 2.09 days to cover the short interests.
Vertiv Holdings Co (VRT) estimates and forecasts
Statistics highlight that Vertiv Holdings Co is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -12.44% of value to its shares in past 6 months, showing an annual growth rate of -19.74% while that of industry is 5.20. Apart from that, the company came lowering its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to decrease by -67.70% in the current quarter and calculating 40.00% increase in the next quarter. This year revenue growth is estimated to rise 12.20% from the last financial year’s standing.
10 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $1.33 billion for the same. And 10 analysts are in estimates of company making revenue of $1.47 billion in the next quarter that will end on Sep 2022.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 142.60% during past 5 years.
Vertiv Holdings Co is more likely to be releasing its next quarterly report between April 05 and April 11 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Vertiv Holdings Co (NYSE:VRT)’s Major holders
Insiders are in possession of 3.25% of company’s total shares while institution are holding 91.21 percent of that, with stock having share float percentage of 94.28%. Investors also watch the number of corporate investors in a company very closely, which is 91.21% institutions for Vertiv Holdings Co that are currently holding shares of the company. Platinum Equity Advisors, LLC/DE is the top institutional holder at VRT for having 37.96 million shares of worth $531.37 million. And as of Mar 30, 2022, it was holding 10.08% of the company’s outstanding shares.
The second largest institutional holder is Barrow, Hanley Mewhinney & Strauss, LLC, which was holding about 31.82 million shares on Mar 30, 2022. The number of shares represents firm’s hold over 8.45% of outstanding shares, having a total worth of $445.5 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 30, 2022, the former fund manager was holding 8.72 million shares of worth $122.02 million or 2.31% of the total outstanding shares. The later fund manager was in possession of 7.53 million shares on Mar 30, 2022, making its stake of worth around $105.45 million in the company or a holder of 2.00% of company’s stock.