In today’s recent session, 2.14 million shares of the Vertiv Holdings Co (NYSE:VRT) have been traded, and its beta is 1.77. Most recently the company’s share price was $125.91, and it changed around -$0.35 or -0.28% from the last close, which brings the market valuation of the company to $47.98B. VRT at last check was trading at a discount to its 52-week high of $155.84, offering almost -23.77% off that amount. The share price’s 52-week low was $53.60, which indicates that the recent value has risen by an impressive 57.43% since then. We note from Vertiv Holdings Co’s average daily trading volume that its 10-day average is 6.52 million shares, with the 3-month average coming to 8.02 million.
Vertiv Holdings Co stock received a consensus recommendation rating of Buy, based on a mean score of 1.50. If we narrow it down even further, the data shows that 0 out of 25 analysts rate the stock as a Sell; another 8 rate it as Overweight. Among the rest, 4 recommended VRT as a Hold, whereas 12 deemed it a Buy, and 1 rated it as Underweight. Vertiv Holdings Co is expected to report earnings per share of 0.83 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 -0.28% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 131.05 on recent trading dayincreased the stock’s daily price by 3.92%. The company’s shares are currently up 34.78% year-to-date, but still down -1.95% over the last five days. On the other hand, Vertiv Holdings Co (NYSE:VRT) is 12.20% up in the 30-day period. We can see from the shorts that 12.28 million shares have been sold at a short interest cover period of 2.07 day(s).
The consensus price target as assigned by Wall Street analysts is $115, which translates to bulls needing to decrease their stock price by -9.49% from its current value. Analyst projections state that VRT is forecast to be at a low of $15 and a high of $155.
Vertiv Holdings Co (VRT) estimates and forecasts
The year-over-year growth rate is expected to be 18.14%, up from the previous year.
Consensus estimates provided by 16 financial analysts predict the company will bring in an average of 2.36B in revenue for the current quarter. 15 analysts expect Vertiv Holdings Co to make 2.43B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.95B and 2.07B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 20.66%. Forecasts for the next quarter put sales growth at 17.04%.
Vertiv Holdings Co earnings are expected to increase by 25.28% in 2025, but the outlook is positive 23.13% per year for the next five years.
VRT Dividends
Vertiv Holdings Co’s next quarterly earnings report is expected to be released on 2025-Apr-23. The annual dividend yield of the stock is 0.11 percent and its annual dividend per share was 0.14. It is important to note, however, that the 0.11% 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 0.33% of Vertiv Holdings Co shares, and 81.02% of them are in the hands of institutional investors. The stock currently has a share float of 81.29%. Vertiv Holdings Co stock is held by 1588.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 9.1082% of the shares, which is about 34.13 million shares worth $2.95 billion.
VANGUARD GROUP INC, with 8.9789% or 33.65 million shares worth $2.91 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
