After Sinking 4.57% During Past Week, Is Vertiv Holdings Co (NYSE: VRT) Still A Buy?

IPW

Vertiv Holdings Co (NYSE:VRT)’s traded shares stood at 1.23 million during the latest session, with the company’s beta value hitting 1.57. At the last check today, the stock’s price was $96.38, to imply a decrease of -1.33% or -$1.3 in intraday trading. The VRT share’s 52-week high remains $98.08, putting it -1.76% down since that peak but still an impressive 84.6% since price per share fell to its 52-week low of $14.84. The company has a valuation of $36.08B, with an average of 9.08 million shares over the past 3 months.

Vertiv Holdings Co (NYSE:VRT) trade information

After registering a -1.33% downside in the latest session, Vertiv Holdings Co (VRT) has traded red over the past five days. The stock hit a weekly high of 99.44, dropping -1.33% in its intraday price action. The 5-day price performance for the stock is 4.57%, and 13.70% over 30 days. With these gigs, the year-to-date price performance is 100.67%.

Vertiv Holdings Co (VRT) estimates and forecasts

Looking at statistics comparing Vertiv Holdings Co share performance against respective industry, we note that the company has outperformed competitors. Vertiv Holdings Co (VRT) shares are 140.05% up over the last 6 months, with its year-to-date growth rate higher than industry average at 36.72% against 9.40%. The rating firms project that company’s revenue will grow 11.90% compared to the previous financial year.

Revenue forecast for the current quarter as set by 11 analysts is 1.94B. Meanwhile, for the current quarter, a total of 11 analyst(s) estimate revenue growth to 1.97B.Earnings reports from the last fiscal year show that sales brought in 1.62B and 1.74B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 19.80% before jumping 13.10% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 82.85% for the past 5-year period. While 2024 is set for a 33.73% return in earnings, projections for the next 5 years are at 27.30% annually.

VRT Dividends

Vertiv Holdings Co has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Vertiv Holdings Co has a forward dividend ratio of 0.05, with the share yield ticking at 0.05% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.