In the last trading session, 7.24 million Vertiv Holdings Co (NYSE:VRT) shares changed hands as the company’s beta touched 1.64. With the company’s per share price at $89.08 changed hands at $1.63 or 1.86% during last session, the market valuation stood at $33.92B. VRT’s last price was a discount, traded about -74.94% off its 52-week high of $155.84. The share price had its 52-week low at $62.40, which suggests the last value was 29.95% up since then. When we look at Vertiv Holdings Co’s average trading volume, we note the 10-day average is 10.29 million shares, with the 3-month average coming to 9.77 million.
Analysts gave the Vertiv Holdings Co (VRT) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.48. 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’s EPS for the current quarter is expected to be 0.61.
Vertiv Holdings Co (NYSE:VRT) trade information
Instantly VRT was in green as seen at the end of in last trading. With action 14.18%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -21.59%, with the 5-day performance at 14.18% in the green. However, in the 30-day time frame, Vertiv Holdings Co (NYSE:VRT) is -18.48% down. Looking at the short shares, we see there were 9.89 million shares sold at short interest cover period of 0.82 days.
The consensus price target for the stock as assigned by Wall Street analysts is 125, meaning bulls need an upside of 28.74% 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 -74.0% plunge from its current level, while the stock would need to soar -29.1% for it to hit the projected low.
Vertiv Holdings Co (VRT) estimates and forecasts
Year-over-year growth is forecast to reach 15.00% up from the last financial year.
Consensus estimates given by 14 financial analysts project the company’s revenue in the current quarter to hit an average of 1.94B. 14 analysts are of the opinion that Vertiv Holdings Co’s revenue for the current quarter will be 2.28B. The company’s revenue for the corresponding quarters a year ago was 1.64B and 1.95B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 18.28%. The estimates for the next quarter sales put growth at 16.71%.
The 2025 estimates are for Vertiv Holdings Co earnings to increase by 25.89%, but the outlook for the next 5-year period is at 23.47% per year.
VRT Dividends
Vertiv Holdings Co is expected to release its next quarterly earnings report on 2025-Feb-11. The 0.13% annual yield figure for the share gives it an annual dividend of 0.11. It is important to note, however, that the 0.13% 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 0.90% of Vertiv Holdings Co shares while 83.94% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 84.70%. There are 83.94% 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.
