The stock of Vertiv Holdings Co (NYSE: VRT) has decreased by -7.41 when compared to last closing price of 81.01. Despite this, the company has experienced a -10.59% fall in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-19 that Vertiv (VRT) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Is It Worth Investing in Vertiv Holdings Co (NYSE: VRT) Right Now?
Vertiv Holdings Co (NYSE: VRT) has a price-to-earnings ratio of 63.76x that is above its average ratio. Additionally, the 36-month beta value for VRT is 1.59. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for VRT is 365.32M and currently, short sellers hold a 2.73% ratio of that float. The average trading volume of VRT on April 22, 2024 was 8.11M shares.
VRT’s Market Performance
VRT’s stock has seen a -10.59% decrease for the week, with a -3.64% drop in the past month and a 39.76% gain in the past quarter. The volatility ratio for the week is 6.41%, and the volatility levels for the past 30 days are at 5.49% for Vertiv Holdings Co The simple moving average for the last 20 days is -9.15% for VRT stock, with a simple moving average of 54.23% for the last 200 days.
Analysts’ Opinion of VRT
Many brokerage firms have already submitted their reports for VRT stocks, with Oppenheimer repeating the rating for VRT by listing it as a “Outperform.” The predicted price for VRT in the upcoming period, according to Oppenheimer is $96 based on the research report published on April 05, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see VRT reach a price target of $40. The rating they have provided for VRT stocks is “Buy” according to the report published on August 02nd, 2023.
VRT Trading at 1.84% 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 -15.43% of loss for the given period.
Volatility was left at 5.49%, however, over the last 30 days, the volatility rate increased by 6.41%, as shares sank -8.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.49% upper at present.
During the last 5 trading sessions, VRT fell by -10.59%, which changed the moving average for the period of 200-days by +208.68% in comparison to the 20-day moving average, which settled at $82.21. In addition, Vertiv Holdings Co saw 56.17% 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 Cripps Scott, who sale 56,594 shares at the price of $70.76 back on Mar 08 ’24. After this action, Cripps Scott now owns 0 shares of Vertiv Holdings Co, valued at $4,004,869 using the latest closing price.
Liang Stephen, the Chief Technology Officer & EVP of Vertiv Holdings Co, sale 306,196 shares at $70.24 during a trade that took place back on Mar 01 ’24, which means that Liang Stephen is holding 51,841 shares at $21,506,655 based on the most recent closing price.
Stock Fundamentals for VRT
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- 0.35 for the gross margin
The net margin for Vertiv Holdings Co stands at 0.07. The total capital return value is set at 0.15. Equity return is now at value 26.63, with 6.10 for asset returns.
Based on Vertiv Holdings Co (VRT), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.29. The debt to equity ratio resting at 1.55. The interest coverage ratio of the stock is 4.84.
Currently, EBITDA for the company is 1.19 billion with net debt to EBITDA at 1.98. When we switch over and look at the enterprise to sales, we see a ratio of 4.52. The receivables turnover for the company is 3.14for trailing twelve months and the total asset turnover is 0.86. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.74.
Conclusion
In conclusion, Vertiv Holdings Co (VRT) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
