Vertiv Holdings Co (NYSE: VRT) has experienced a decline in its stock price by -2.53 compared to its previous closing price of 38.17. However, the company has seen a fall of -5.09% in its stock price over the last five trading days. Zacks Investment Research reported 2023-09-07 that Investors target stocks that have been on a bullish run lately. Stocks like VRT, FLR, GES and CEG that are seeing price strength have a high chance of carrying the momentum forward.
Is It Worth Investing in Vertiv Holdings Co (NYSE: VRT) Right Now?
Vertiv Holdings Co (NYSE: VRT) has a higher price-to-earnings ratio of 78.16x compared to its average ratio, and the 36-month beta value for VRT is at 1.41. Analysts have varying views on the stock, with 10 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. The trick is figuring out which small caps will be tomorrow's winners. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.
Click here for full details and to join for free
The average price suggested by analysts for VRT is $41.75, which is $5.09 above the current market price. The public float for VRT is 327.22M, and currently, shorts hold a 2.69% of that float. The average trading volume for VRT on September 18, 2023 was 6.40M shares.
VRT’s Market Performance
VRT stock saw an increase of -5.09% in the past week, with a monthly gain of 12.78% and a quarterly increase of 65.06%. The volatility ratio for the week is 4.09%, and the volatility levels for the last 30 days are 4.21% for Vertiv Holdings Co (VRT). The simple moving average for the past 20 days is -1.32% for VRT’s stock, with a 86.34% simple moving average for the past 200 days.
Analysts’ Opinion of VRT
Many brokerage firms have already submitted their reports for VRT stocks, with BofA Securities repeating the rating for VRT by listing it as a “Buy.” The predicted price for VRT in the upcoming period, according to BofA Securities is $40 based on the research report published on August 02, 2023 of the current year 2023.
VRT Trading at 13.76% from the 50-Day Moving Average
After a stumble in the market that brought VRT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.93% of loss for the given period.
Volatility was left at 4.21%, however, over the last 30 days, the volatility rate increased by 4.09%, as shares surge +8.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +50.08% upper at present.
During the last 5 trading sessions, VRT fell by -5.63%, which changed the moving average for the period of 200-days by +180.27% in comparison to the 20-day moving average, which settled at $37.85. In addition, Vertiv Holdings Co saw 172.36% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VRT starting from VPE Holdings, LLC, who sale 10,000,000 shares at the price of $37.50 back on Sep 08. After this action, VPE Holdings, LLC now owns 7,955,215 shares of Vertiv Holdings Co, valued at $375,000,000 using the latest closing price.
Cripps Scott, the Chief Accounting Officer of Vertiv Holdings Co, sale 36,008 shares at $38.47 during a trade that took place back on Sep 07, which means that Cripps Scott is holding 0 shares at $1,385,188 based on the most recent closing price.
Stock Fundamentals for VRT
Current profitability levels for the company are sitting at:
- +3.90 for the present operating margin
- +24.60 for the gross margin
The net margin for Vertiv Holdings Co stands at +1.35. The total capital return value is set at 4.75, while invested capital returns managed to touch 1.66. Equity return is now at value 12.30, with 2.60 for asset returns.
Based on Vertiv Holdings Co (VRT), the company’s capital structure generated 233.59 points at debt to equity in total, while total debt to capital is 70.02. Total debt to assets is 47.47, with long-term debt to equity ratio resting at 228.94. Finally, the long-term debt to capital ratio is 68.63.
When we switch over and look at the enterprise to sales, we see a ratio of 2.76, with the company’s debt to enterprise value settled at 0.41. The receivables turnover for the company is 3.32 and the total asset turnover is 0.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.66.
Conclusion
In conclusion, Vertiv Holdings Co (VRT) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
