The closing price of Vertiv Holdings Co (NYSE: VRT) was $67.62 for the day, up 2.30% from the previous closing price of $66.10. In other words, the price has increased by $+1.52 from its previous closing price. On the day, 6737012 shares were traded. VRT stock price reached its highest trading level at $68.22 during the session, while it also had its lowest trading level at $66.45.
Ratios:
Our analysis of VRT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 32.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.43. 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.
Cowen Upgraded its Market Perform to Outperform on October 27, 2022, whereas the target price for the stock was revised from $11.75 to $20.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 08 when VPE Holdings, LLC sold 10,000,000 shares for $37.50 per share. The transaction valued at 375,000,000 led to the insider holds 7,955,215 shares of the business.
Cripps Scott sold 36,008 shares of VRT for $1,385,188 on Sep 07. The Chief Accounting Officer now owns 0 shares after completing the transaction at $38.47 per share. On Aug 09, another insider, VPE Holdings, LLC, who serves as the Director of the company, sold 20,000,000 shares for $34.91 each. As a result, the insider received 698,200,000 and left with 17,955,215 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 25.25B and an Enterprise Value of 27.59B. As of this moment, Vertiv’s Price-to-Earnings (P/E) ratio for their current fiscal year is 57.48, and their Forward P/E ratio for the next fiscal year is 23.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.76 while its Price-to-Book (P/B) ratio in mrq is 12.81. Its current Enterprise Value per Revenue stands at 4.02 whereas that against EBITDA is 28.02.
Stock Price History:
Over the past 52 weeks, VRT has reached a high of $68.80, while it has fallen to a 52-week low of $11.95. The 50-Day Moving Average of the stock is 54.78, while the 200-Day Moving Average is calculated to be 38.50.
Shares Statistics:
VRT traded an average of 6.80M shares per day over the past three months and 9.48M shares per day over the past ten days. A total of 381.79M shares are outstanding, with a floating share count of 357.27M. Insiders hold about 6.47% of the company’s shares, while institutions hold 88.67% stake in the company. Shares short for VRT as of Feb 15, 2024 were 7.68M with a Short Ratio of 1.13, compared to 13.52M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.01% and a Short% of Float of 2.33%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.03, VRT has a forward annual dividend rate of 0.03. Against a Trailing Annual Dividend Yield of 0.04%, it implies a Forward Annual Dividend Yield of 0.04%.
Earnings Estimates
The firm’s stock currently is rated by 9 analysts. On average, analysts expect EPS of $0.35 for the current quarter, with a high estimate of $0.37 and a low estimate of $0.34, while EPS last year was $0.24. The consensus estimate for the next quarter is $0.54, 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 $2.28. EPS for the following year is $2.83, with 10 analysts recommending between $3.07 and $2.72.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 9 analysts. It ranges from a high estimate of $1.63B 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 6.10% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $1.88B, an increase of 16.40% over than the figure of $6.10% in the same quarter last year. There is a high estimate of $1.93B for the next quarter, whereas the lowest estimate is $1.83B.
A total of 11 analysts have provided revenue estimates for VRT’s current fiscal year. The highest revenue estimate was $7.7B, while the lowest revenue estimate was $7.42B, resulting in an average revenue estimate of $7.59B. In the same quarter a year ago, actual revenue was $6.86B, up 10.60% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $8.36B in the next fiscal year. The high estimate is $8.54B and the low estimate is $7.9B. The average revenue growth estimate for next year is up 10.10% from the average revenue estimate for this year.
