In the latest session, Vertiv Holdings Co (NYSE: VRT) closed at $71.99 up 2.81% from its previous closing price of $70.02. In other words, the price has increased by $+1.97 from its previous closing price. On the day, 5821012 shares were traded.
Ratios:
For a deeper understanding of Vertiv Holdings Co’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 34.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.59. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 01 ’24 when Liang Stephen sold 306,196 shares for $70.24 per share. The transaction valued at 21,506,655 led to the insider holds 51,841 shares of the business.
VPE Holdings, LLC sold 10,000,000 shares of VRT for $375,000,000 on Sep 08 ’23. The Director now owns 7,955,215 shares after completing the transaction at $37.50 per share. On Sep 07 ’23, another insider, Cripps Scott, who serves as the Chief Accounting Officer of the company, sold 36,008 shares for $38.47 each. As a result, the insider received 1,385,188 and left with 0 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 27.50B and an Enterprise Value of 29.84B. As of this moment, Vertiv’s Price-to-Earnings (P/E) ratio for their current fiscal year is 61.20, and their Forward P/E ratio for the next fiscal year is 25.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.01 while its Price-to-Book (P/B) ratio in mrq is 13.64. Its current Enterprise Value per Revenue stands at 4.35 whereas that against EBITDA is 30.30.
Stock Price History:
Over the past 52 weeks, VRT has reached a high of $73.50, while it has fallen to a 52-week low of $11.95. The 50-Day Moving Average of the stock is 56.54, while the 200-Day Moving Average is calculated to be 39.59.
Shares Statistics:
For the past three months, VRT has traded an average of 6.39M shares per day and 8.99M 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 88.71% stake in the company. Shares short for VRT as of Feb 15, 2024 were 7.68M with a Short Ratio of 1.20, 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
According to the company, the forward annual dividend rate for VRT is 0.03, from 0.03 in the trailing year. Against a Trailing Annual Dividend Yield of 0.04%, it implies a Forward Annual Dividend Yield of 0.03%.
Earnings Estimates
There are 9 different market analysts currently analyzing its stock. 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
A total of 9 analysts believe the company’s revenue will be $1.61B this quarter.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 $7.58B, 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 11 analysts’ estimates, the company’s revenue will be $8.4B in the next fiscal year. The high estimate is $8.54B and the low estimate is $8.28B. The average revenue growth estimate for next year is up 10.30% from the average revenue estimate for this year.
