In the last trading session, 7.59 million Vertiv Holdings Co (NYSE:VRT) shares changed hands as the company’s beta touched 1.68. With the company’s per share price at $111.25 changed hands at -$1.35 or -1.20% during last session, the market valuation stood at $41.76B. VRT’s last price was a discount, traded about -40.08% off its 52-week high of $155.84. The share price had its 52-week low at $55.00, which suggests the last value was 50.56% up since then. When we look at Vertiv Holdings Co’s average trading volume, we note the 10-day average is 15.76 million shares, with the 3-month average coming to 7.83 million.
Analysts gave the Vertiv Holdings Co (VRT) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.39. If we narrow down to specifics, the data shows that 0 out of 12 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended VRT as a Hold, 10 felt it is a Buy and 0 rated the stock as Underweight.
Vertiv Holdings Co (NYSE:VRT) trade information
Instantly VRT was in red as seen at the end of in last trading. With action 4.41%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -2.08%, with the 5-day performance at 4.41% in the green. However, in the 30-day time frame, Vertiv Holdings Co (NYSE:VRT) is -5.96% down. Looking at the short shares, we see there were 13.61 million shares sold at short interest cover period of 2.53 days.
The consensus price target for the stock as assigned by Wall Street analysts is 123, meaning bulls need an upside of 9.55% from its current market value. According to analyst projections, VRT’s forecast low is 115 with 155 as the target high. To hit the forecast high, the stock’s price needs a -39.33% plunge from its current level, while the stock would need to soar -3.37% for it to hit the projected low.
Vertiv Holdings Co (VRT) estimates and forecasts
Data shows that the Vertiv Holdings Co share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 60.16% over the past 6 months, a 52.54% in annual growth rate that is considerably higher than the industry average of 14.10%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 82.85%. The 2025 estimates are for Vertiv Holdings Co earnings to increase by 51.34%.
VRT Dividends
Vertiv Holdings Co is expected to release its next quarterly earnings report in March. The 0.10% annual yield figure for the share gives it an annual dividend of 0.11. It is important to note, however, that the 0.10% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Vertiv Holdings Co (NYSE:VRT)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.91% of Vertiv Holdings Co shares while 88.24% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 89.05%. There are 88.24% institutions holding the Vertiv Holdings Co stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 9.0024% of the shares, roughly 34.13 million VRT shares worth $2.95 billion.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 8.8747% or 33.65 million shares worth $2.91 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Mid-Cap Index Fund. With 11.28 shares estimated at $1.26 billion under it, the former controlled 3.01% of total outstanding shares. On the other hand, Vanguard Mid-Cap Index Fund held about 2.01% of the shares, roughly 7.55 shares worth around $839.54 million.
