In today’s recent session, 2.3 million shares of the Vertiv Holdings Co (NYSE:VRT) have been traded, and its beta is 1.62. Most recently the company’s share price was $91.50, and it changed around -$2.19 or -2.33% from the last close, which brings the market valuation of the company to $34.84B. VRT at last check was trading at a discount to its 52-week high of $155.84, offering almost -70.32% off that amount. The share price’s 52-week low was $62.40, which indicates that the recent value has risen by an impressive 31.8% since then. We note from Vertiv Holdings Co’s average daily trading volume that its 10-day average is 7.31 million shares, with the 3-month average coming to 9.92 million.
Vertiv Holdings Co stock received a consensus recommendation rating of Buy, based on a mean score of 1.48. If we narrow it down even further, the data shows that 0 out of 23 analysts rate the stock as a Sell; another 6 rate it as Overweight. Among the rest, 4 recommended VRT as a Hold, whereas 13 deemed it a Buy, and 0 rated it as Underweight. Vertiv Holdings Co is expected to report earnings per share of 0.61 for the current quarter.
Vertiv Holdings Co (NYSE:VRT) trade information
Instantly VRT has been showing red trend so far today with a performance of -2.33% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 94.20 on recent trading dayincreased the stock’s daily price by 2.87%. The company’s shares are currently down -19.46% year-to-date, but still up 8.09% over the last five days. On the other hand, Vertiv Holdings Co (NYSE:VRT) is 0.53% up in the 30-day period. We can see from the shorts that 9.89 million shares have been sold at a short interest cover period of 0.82 day(s).
The consensus price target as assigned by Wall Street analysts is $125, which translates to bulls needing to increase their stock price by 26.8% from its current value. Analyst projections state that VRT is forecast to be at a low of $115 and a high of $155.
Vertiv Holdings Co (VRT) estimates and forecasts
The year-over-year growth rate is expected to be 15.00%, up from the previous year.
Consensus estimates provided by 14 financial analysts predict the company will bring in an average of 1.94B in revenue for the current quarter. 14 analysts expect Vertiv Holdings Co to make 2.28B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.64B and 1.95B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 18.28%. Forecasts for the next quarter put sales growth at 16.71%.
Vertiv Holdings Co earnings are expected to increase by 25.90% in 2025, but the outlook is positive 23.48% per year for the next five years.
VRT Dividends
Vertiv Holdings Co’s next quarterly earnings report is expected to be released on 2025-Feb-11. The annual dividend yield of the stock is 0.14 percent and its annual dividend per share was 0.12. It is important to note, however, that the 0.14% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
Vertiv Holdings Co (NYSE:VRT)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.90% of Vertiv Holdings Co shares, and 84.11% of them are in the hands of institutional investors. The stock currently has a share float of 84.87%. Vertiv Holdings Co stock is held by 1619.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 9.0024% of the shares, which is about 34.13 million shares worth $2.95 billion.
VANGUARD GROUP INC, with 8.8747% or 33.65 million shares worth $2.91 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard Mid-Cap Index Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 11.77 shares worth $1.08 billion, making up 3.09% of all outstanding shares. On the other hand, Vanguard Mid-Cap Index Fund held roughly 8.07 shares worth around $738.36 million, which represents about 2.12% of the total shares outstanding.
