In the past week, VRT stock has gone down by -0.51%, with a monthly gain of 15.27% and a quarterly surge of 51.31%. The volatility ratio for the week is 4.86%, and the volatility levels for the last 30 days are 6.18% for Vertiv Holdings Co The simple moving average for the past 20 days is 9.46% for VRT’s stock, with a 79.93% simple moving average for the past 200 days.
Is It Worth Investing in Vertiv Holdings Co (NYSE: VRT) Right Now?
Vertiv Holdings Co (NYSE: VRT) has a price-to-earnings ratio of 89.42x that is above its average ratio. Additionally, the 36-month beta value for VRT is 1.58. 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 360.99M and currently, short sellers hold a 3.00% ratio of that float. The average trading volume of VRT on May 06, 2024 was 9.22M shares.
VRT) stock’s latest price update
Vertiv Holdings Co (NYSE: VRT) has seen a rise in its stock price by 0.91 in relation to its previous close of 92.17. However, the company has experienced a -0.51% decline in its stock price over the last five trading sessions. InvestorPlace reported 2024-05-04 that Many Wall Street investors keep a close eye on the opinions of major brokerages, such as Citigroup (NYSE: C ). Therefore, today we’ll explore three promising growth stocks that have recently received a vote of confidence by means of increases in Citi price targets.
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 18.37% 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 -2.81% of loss for the given period.
Volatility was left at 6.18%, however, over the last 30 days, the volatility rate increased by 4.86%, as shares surge +8.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +47.87% upper at present.
During the last 5 trading sessions, VRT fell by -0.51%, which changed the moving average for the period of 200-days by +248.48% in comparison to the 20-day moving average, which settled at $85.35. In addition, Vertiv Holdings Co saw 93.65% 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 O’ Doherty Philip, who sale 2,511,295 shares at the price of $93.64 back on Apr 29 ’24. After this action, O’ Doherty Philip now owns 9,324,181 shares of Vertiv Holdings Co, valued at $235,146,183 using the latest closing price.
O’ Doherty Philip, the Managing Director, E+I of Vertiv Holdings Co, sale 488,705 shares at $93.68 during a trade that took place back on Apr 26 ’24, which means that O’ Doherty Philip is holding 11,835,476 shares at $45,783,405 based on the most recent closing price.
Stock Fundamentals for VRT
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.35 for the gross margin
The net margin for Vertiv Holdings Co stands at 0.06. The total capital return value is set at 0.19. Equity return is now at value 27.44, with 5.44 for asset returns.
Based on Vertiv Holdings Co (VRT), the company’s capital structure generated 0.68 points at debt to capital in total, while cash flow to debt ratio is standing at 0.33. The debt to equity ratio resting at 2.14. The interest coverage ratio of the stock is 5.5.
Currently, EBITDA for the company is 1.19 billion with net debt to EBITDA at 2.28. When we switch over and look at the enterprise to sales, we see a ratio of 5.4. The receivables turnover for the company is 3.33for trailing twelve months and the total asset turnover is 0.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.34.
Conclusion
In conclusion, Vertiv Holdings Co (VRT) has seen better 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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
