Vertiv Holdings Co (NYSE:VRT)’s traded shares stood at 0.97 million during the latest session, with the company’s beta value hitting 1.58. At the last check today, the stock’s price was $77.07, to imply a decrease of -1.18% or -$0.92 in intraday trading. The VRT share’s 52-week high remains $109.27, putting it -41.78% down since that peak but still an impressive 55.18% since price per share fell to its 52-week low of $34.54. The company has a valuation of $28.91B, with an average of 7.57 million shares in intraday trading volume over the past 10 days and average of 9.95 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Vertiv Holdings Co (VRT), translating to a mean rating of 1.00. Of 12 analyst(s) looking at the stock, 0 analyst(s) give VRT a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 10 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.69.
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Vertiv Holdings Co (NYSE:VRT) trade information
After registering a -1.18% downside in the latest session, Vertiv Holdings Co (VRT) has traded red over the past five days. The 5-day price performance for the stock is -7.10%, and -1.93% over 30 days. With these gigs, the year-to-date price performance is 60.46%. Short interest in Vertiv Holdings Co (NYSE:VRT) saw shorts transact 18.75 million shares and set a 1.95 days time to cover.
The extremes give us $15 and $105 for target low and target high price respectively. As such, VRT has been trading -36.24% off suggested target high and 80.54% from its likely low.
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 22.53% up over the last 6 months, with its year-to-date growth rate higher than industry average at 45.76% against 11.50%. Revenue is forecast to grow 32.70% this quarter before jumping 33.90% for the next one. The rating firms project that company’s revenue will grow 12.50% compared to the previous financial year.
Revenue forecast for the current quarter as set by 12 analysts is 1.98B. Meanwhile, for the current quarter, a total of 12 analyst(s) estimate revenue growth to 2.15B.Earnings reports from the last fiscal year show that sales brought in 1.74B and 1.87B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 13.40% before jumping 15.50% 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 43.84% return in earnings, projections for the next 5 years are at 29.60% annually.
VRT Dividends
Vertiv Holdings Co has its next earnings report out in September. 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 0.08, with the share yield ticking at 0.10% to continue the rising pattern observed over the past year.
Vertiv Holdings Co (NYSE:VRT)’s Major holders
Vertiv Holdings Co insiders hold 0.91% of total outstanding shares, with institutional holders owning 84.74% of the shares at 85.52% float percentage. In total, 84.74% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 34.13 million shares (or 9.0024% of shares), all amounting to roughly $2.95 billion.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 33.65 million shares, or about 8.8747% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $2.91 billion.
