During the last session, Vertiv Holdings Co (NYSE:VRT)’s traded shares were 28.79 million, with the beta value of the company hitting 1.58. At the end of the trading day, the stock’s price was $84.57, reflecting an intraday gain of 6.82% or $5.4. The 52-week high for the VRT share is $88.69, that puts it down -4.87 from that peak though still a striking 85.57% gain since the share price plummeted to a 52-week low of $12.20. The company’s market capitalization is $32.30B, and the average trade volume was 8.70 million shares over the past three months.
Vertiv Holdings Co (NYSE:VRT) trade information
Vertiv Holdings Co (VRT) registered a 6.82% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 6.82% in intraday trading to $84.57, hitting a weekly high. The stock’s 5-day price performance is 3.29%, and it has moved by 3.20% in 30 days. Based on these gigs, the overall price performance for the year is 564.34%.
Vertiv Holdings Co (VRT) estimates and forecasts
Statistics show that Vertiv Holdings Co has outperformed its competitors in share price, compared to the industry in which it operates. Vertiv Holdings Co (VRT) shares have gone up 126.79% during the last six months, with a year-to-date growth rate more than the industry average at 33.33% against 11.40. In the rating firms’ projections, revenue will increase 11.20% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.62B as predicted by 12 analyst(s). Meanwhile, a consensus of 12 analyst(s) estimates revenue growth to 1.9B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.52B and 1.62B respectively. In this case, analysts expect current quarter sales to grow by 6.70% and then jump by 17.60% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 82.85%. While earnings are projected to return 33.36% in 2024, the next five years will return 26.70% per annum.
VRT Dividends
Vertiv Holdings Co is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Vertiv Holdings Co is 0.05, with the dividend yield indicating at 0.06 percent, continuing the trend of increasing dividends in recent years.
