During the recent session, Vertiv Holdings Co (NYSE:VRT)’s traded shares were 1.78 million, with the beta value of the company hitting 1.60. At the last check today, the stock’s price was $109.90, reflecting an intraday loss of -2.27% or -$2.55. The 52-week high for the VRT share is $116.41, that puts it down -5.92 from that peak though still a striking 66.14% gain since the share price plummeted to a 52-week low of $37.21. The company’s market capitalization is $41.25B, and the average intraday trading volume over the past 10 days was 7.3 million shares, and the average trade volume was 7.57 million shares over the past three months.
Vertiv Holdings Co (VRT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. VRT has a Sell rating from 0 analyst(s) out of 12 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 10 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.81.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Vertiv Holdings Co (NYSE:VRT) trade information
Vertiv Holdings Co (VRT) registered a -2.27% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.27% in intraday trading to $109.90, hitting a weekly high. The stock’s 5-day price performance is -0.12%, and it has moved by 7.45% in 30 days. Based on these gigs, the overall price performance for the year is 179.86%. The short interest in Vertiv Holdings Co (NYSE:VRT) is 18.02 million shares and it means that shorts have 2.66 day(s) to cover.
The consensus price target of analysts on Wall Street is $115, which implies an increase of 4.43% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $15 and $135 respectively. As a result, VRT is trading at a discount of -22.84% off the target high and 86.35% off the low.
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 19.24% during the last six months, with a year-to-date growth rate more than the industry average at 51.98% against 13.60. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 44.60% this quarter and then jump 46.50% in the quarter after that. In the rating firms’ projections, revenue will increase 14.00% 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 2.16B as predicted by 12 analyst(s). Meanwhile, a consensus of 7 analyst(s) estimates revenue growth to 1.93B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.87B and 1.64B respectively. In this case, analysts expect current quarter sales to grow by 15.60% and then jump by 17.70% 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 49.05% in 2024, the next five years will return 33.91% per annum.
VRT Dividends
Vertiv Holdings Co is due to release its next quarterly earnings on 2025-Feb-19. 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 0.10, with the dividend yield indicating at 0.09 percent, continuing the trend of increasing dividends in recent years.
Vertiv Holdings Co (NYSE:VRT)’s Major holders
Vertiv Holdings Co insiders own 0.91% of total outstanding shares while institutional holders control 85.90%, with the float percentage being 86.68%. BLACKROCK INC. is the largest shareholder of the company, while 1304.0 institutions own stock in it. As of 2024-06-30, the company held over 34.13 million shares (or 9.0024% of all shares), a total value of $2.95 billion in shares.
The next largest institutional holding, with 33.65 million shares, is of VANGUARD GROUP INC’s that is approximately 8.8747% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.91 billion.
