In today’s recent session, 6.79 million shares of the Vertiv Holdings Co (NYSE:VRT) have been traded, and its beta is 1.61. Most recently the company’s share price was $74.69, and it changed around -$0.32 or -0.43% from the last close, which brings the market valuation of the company to $28.53B. VRT at last check was trading at a discount to its 52-week high of $88.69, offering almost -18.74% off that amount. The share price’s 52-week low was $11.95, which indicates that the recent value has risen by an impressive 84.0% since then. We note from Vertiv Holdings Co’s average daily trading volume that its 3-month average coming to 8.25 million.
Vertiv Holdings Co (NYSE:VRT) trade information
Instantly VRT has been showing red trend so far today with a performance of -0.43% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently up 55.51% year-to-date, but still down -7.41% over the last five days. On the other hand, Vertiv Holdings Co (NYSE:VRT) is -9.04% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $44.13, which translates to bulls needing to decrease their stock price by -69.25% from its current value. Analyst projections state that VRT is forecast to be at a low of $10 and a high of $97.
Vertiv Holdings Co (VRT) estimates and forecasts
Vertiv Holdings Co share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 99.60 percent over the past six months and at a 33.33% annual growth rate that is well above the industry average of 11.60%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 50.00% in revenue this quarter, and will report an increase of 19.60% in the next quarter. The year-over-year growth rate is expected to be 11.20%, up from the previous year.
Consensus estimates provided by 12 financial analysts predict the company will bring in an average of $1.62 billion in revenue for the current quarter. 12 analysts expect Vertiv Holdings Co to make $1.9 billion in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $1.52 billion and $1.62 billion respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 6.70%. Forecasts for the next quarter put sales growth at 17.60%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 82.85%. Vertiv Holdings Co earnings are expected to increase by 29.78% in 2024, but the outlook is positive 26.70% per year for the next five years.
VRT Dividends
Vertiv Holdings Co’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 0.07 percent and its annual dividend per share was 0.05. It is important to note, however, that the 0.07% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
