As of close of business last night, Vertiv Holdings Co’s stock clocked out at $81.80, down -2.79% from its previous closing price of $84.15. In other words, the price has decreased by -$2.35 from its previous closing price. On the day, 10143873 shares were traded. VRT stock price reached its highest trading level at $84.37 during the session, while it also had its lowest trading level at $78.93.
Ratios:
To gain a deeper understanding of VRT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 39.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.44. For the most recent quarter (mrq), Quick Ratio is recorded 1.35 and its Current Ratio is at 1.74. In the meantime, Its Debt-to-Equity ratio is 1.55 whereas as Long-Term Debt/Eq ratio is at 1.52.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Oppenheimer on April 05, 2024, initiated with a Outperform rating and assigned the stock a target price of $96.
On August 02, 2023, BofA Securities Upgraded its rating to Buy which previously was Underperform but kept the price unchanged to $40.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 08 ’24 when Cripps Scott sold 56,594 shares for $70.76 per share. The transaction valued at 4,004,869 led to the insider holds 0 shares of the business.
Liang Stephen sold 306,196 shares of VRT for $21,506,655 on Mar 01 ’24. The Chief Technology Officer & EVP now owns 51,841 shares after completing the transaction at $70.24 per share. On Sep 08 ’23, another insider, VPE Holdings, LLC, who serves as the Director of the company, sold 10,000,000 shares for $37.50 each. As a result, the insider received 375,000,000 and left with 7,955,215 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VRT now has a Market Capitalization of 31.25B and an Enterprise Value of 33.59B. As of this moment, Vertiv’s Price-to-Earnings (P/E) ratio for their current fiscal year is 69.53, and their Forward P/E ratio for the next fiscal year is 28.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.55 while its Price-to-Book (P/B) ratio in mrq is 15.50. Its current Enterprise Value per Revenue stands at 4.89 whereas that against EBITDA is 34.11.
Stock Price History:
Over the past 52 weeks, VRT has reached a high of $88.69, while it has fallen to a 52-week low of $11.95. The 50-Day Moving Average of the stock is 70.23, while the 200-Day Moving Average is calculated to be 46.57.
Shares Statistics:
It appears that VRT traded 7.65M shares on average per day over the past three months and 7.88M shares per day over the past ten days. A total of 381.79M shares are outstanding, with a floating share count of 365.27M. Insiders hold about 4.37% of the company’s shares, while institutions hold 88.79% stake in the company. Shares short for VRT as of Mar 15, 2024 were 8.63M with a Short Ratio of 1.13, compared to 7.68M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.26% and a Short% of Float of 2.62%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.03, VRT has a forward annual dividend rate of 0.05. Against a Trailing Annual Dividend Yield of 0.03%, it implies a Forward Annual Dividend Yield of 0.12%.
Earnings Estimates
As of right now, 12 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.36 for the current quarter, with a high estimate of $0.4 and a low estimate of $0.34, while EPS last year was $0.24. The consensus estimate for the next quarter is $0.55, with high estimates of $0.59 and low estimates of $0.45.
Analysts are recommending an EPS of between $2.4 and $2.23 for the fiscal current year, implying an average EPS of $2.29. EPS for the following year is $2.86, with 12 analysts recommending between $3.07 and $2.72.
Revenue Estimates
In the current quarter, 12 analysts expect revenue to total $1.62B. It ranges from a high estimate of $1.66B to a low estimate of $1.6B. As of the current estimate, Vertiv Holdings Co’s year-ago sales were $1.52B, an estimated increase of 6.30% from the year-ago figure. For the next quarter, 12 analysts are estimating revenue of $1.89B, an increase of 17.30% over than the figure of $6.30% in the same quarter last year. There is a high estimate of $1.95B for the next quarter, whereas the lowest estimate is $1.83B.
A total of 13 analysts have provided revenue estimates for VRT’s current fiscal year. The highest revenue estimate was $7.7B, while the lowest revenue estimate was $7.57B, resulting in an average revenue estimate of $7.61B. In the same quarter a year ago, actual revenue was $6.86B, up 10.90% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $8.42B in the next fiscal year. The high estimate is $8.54B and the low estimate is $8.33B. The average revenue growth estimate for next year is up 10.50% from the average revenue estimate for this year.
