Vertiv Holdings Co (NYSE:VRT) has a beta value of 1.56 and has seen 15.11 million shares traded in the last trading session. The company, currently valued at $35.71B, closed the last trade at $93.49 per share which meant it gained $3.14 on the day or 3.48% during that session. The VRT stock price is -0.96% off its 52-week high price of $94.39 and 86.03% above the 52-week low of $13.06. The 3-month trading volume is 8.91 million shares.
Vertiv Holdings Co (NYSE:VRT) trade information
Sporting 3.48% in the green in last session, the stock has traded in the green over the last five days, when the VRT stock price touched $93.49 or saw a rise of 1.92%. Year-to-date, Vertiv Holdings Co shares have moved 94.65%, while the 5-day performance has seen it change 24.64%. Over the past 30 days, the shares of Vertiv Holdings Co (NYSE:VRT) have changed 15.41%.
Vertiv Holdings Co (VRT) estimates and forecasts
Figures show that Vertiv Holdings Co shares have outperformed across the wider relevant industry. The company’s shares have gained 150.04% over the past 6 months, with this year growth rate of 36.16%, compared to 11.30% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 21.70% and 23.10% for the next quarter. Revenue growth from the last financial year stood is estimated to be 11.80%.
11 analysts offering their estimates for the company have set an average revenue estimate of $1.93 billion for the current quarter. 11 have an estimated revenue figure of $1.97 billion for the next quarter concluding in Sep 2024. Year-ago sales stood $1.62 billion and $1.74 billion respectively for this quarter and the next, and analysts expect sales will grow by 19.40% for the current quarter and 13.30% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 82.85% over the past 5 years. Earnings growth for 2024 is a modest 33.73% while over the next 5 years, the company’s earnings are expected to increase by 27.30%.
VRT Dividends
Vertiv Holdings Co is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.05 at a share yield of 0.05%. The company’s dividend yield has gone up over the past 12 months.
