During the recent session, Vertiv Holdings Co (NYSE:VRT)’s traded shares were 1.72 million, with the beta value of the company hitting 1.69. At the last check today, the stock’s price was $150.33, reflecting an intraday loss of -2.06% or -$3.16. The 52-week high for the VRT share is $155.26, that puts it down -3.28 from that peak though still a striking 65.14% gain since the share price plummeted to a 52-week low of $52.40. The company’s market capitalization is $56.42B, and the average intraday trading volume over the past 10 days was 6.1 million shares, and the average trade volume was 6.27 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 1.30. 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 0.82.
Vertiv Holdings Co (NYSE:VRT) trade information
Vertiv Holdings Co (VRT) registered a -2.06% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.06% in intraday trading to $150.33, hitting a weekly high. The stock’s 5-day price performance is 13.38%, and it has moved by 25.23% in 30 days. Based on these gigs, the overall price performance for the year is 180.10%. The short interest in Vertiv Holdings Co (NYSE:VRT) is 13.15 million shares and it means that shorts have 2.3 day(s) to cover.
The consensus price target of analysts on Wall Street is $123, which implies a decrease of -22.22% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $115 and $155 respectively. As a result, VRT is trading at a discount of -3.11% off the target high and 23.5% 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 91.28% during the last six months, with a year-to-date growth rate more than the industry average at 52.54% against 14.90. In the rating firms’ projections, revenue will increase 14.09% 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 14 analyst(s). Meanwhile, a consensus of 8 analyst(s) estimates revenue growth to 1.92B 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 15.53% and then jump by 16.89% 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 51.34% in 2025, the next five years will return 35.00% per annum.
VRT Dividends
Vertiv Holdings Co is due to release its next quarterly earnings in February. 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 0.11, with the dividend yield indicating at 0.07 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 87.69%, with the float percentage being 88.50%. BLACKROCK INC. is the largest shareholder of the company, while 1451.0 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.
Also, the Mutual Funds coming in first place with the largest holdings of Vertiv Holdings Co (VRT) shares are Vanguard Total Stock Market Index Fund and Vanguard Mid-Cap Index Fund. Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 11.28 shares. This amounts to just over 3.01 percent of the company’s overall shares, with a $1.68 billion market value. The same data shows that the other fund manager holds slightly less at 7.55, or about 2.01% of the stock, which is worth about $1.13 billion.
