Vertiv Holdings Co (VRT) Stock: Evaluating the Market Performance

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The price-to-earnings ratio for Vertiv Holdings Co (NYSE: VRT) is 76.54x, which is above its average ratio. Moreover, the 36-month beta value for VRT is 1.59. Analysts have varying opinions on the stock, with 9 analysts rating it as a “buy,” 5 as “overweight,” 1 as “hold,” and 0 as “sell.”

The public float for VRT is 365.72M and currently, short sellers hold a 5.31% of that float. On September 30, 2024, VRT’s average trading volume was 8.77M shares.

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VRT) stock’s latest price update

The stock price of Vertiv Holdings Co (NYSE: VRT) has dropped by -2.20 compared to previous close of 100.62. Despite this, the company has seen a gain of 4.09% in its stock price over the last five trading days. zacks.com reported 2024-09-26 that As the technology sector continues to evolve, a new generation of up-and-coming companies is gaining traction. Among them, Palantir Technologies ( PLTR ), AppLovin ( APP ), and Vertiv ( VRT ) stand out with impressive growth forecasts, stock price momentum, and favorable industry tailwinds.

VRT’s Market Performance

Vertiv Holdings Co (VRT) has seen a 4.09% rise in stock performance for the week, with a 22.22% gain in the past month and a 13.68% surge in the past quarter. The volatility ratio for the week is 3.72%, and the volatility levels for the past 30 days are at 4.85% for VRT. The simple moving average for the last 20 days is 15.21% for VRT’s stock, with a simple moving average of 28.20% for the last 200 days.

Analysts’ Opinion of VRT

Many brokerage firms have already submitted their reports for VRT stocks, with Mizuho repeating the rating for VRT by listing it as a “Outperform.” The predicted price for VRT in the upcoming period, according to Mizuho is $92 based on the research report published on August 07, 2024 of the current year 2024.

Oppenheimer, on the other hand, stated in their research note that they expect to see VRT reach a price target of $96. The rating they have provided for VRT stocks is “Outperform” according to the report published on April 05th, 2024.

BofA Securities gave a rating of “Buy” to VRT, setting the target price at $40 in the report published on August 02nd of the previous year.

VRT Trading at 22.21% 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 -9.94% of loss for the given period.

Volatility was left at 4.85%, however, over the last 30 days, the volatility rate increased by 3.72%, as shares surge +23.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.20% upper at present.

During the last 5 trading sessions, VRT rose by +4.09%, which changed the moving average for the period of 200-days by +106.61% in comparison to the 20-day moving average, which settled at $86.34. In addition, Vertiv Holdings Co saw 104.89% 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 Winther Karsten, who sale 44,924 shares at the price of $79.99 back on Sep 03 ’24. After this action, Winther Karsten now owns 10,542 shares of Vertiv Holdings Co, valued at $3,593,664 using the latest closing price.

KARSTEN WINTHER, the Officer of Vertiv Holdings Co, proposed sale 44,924 shares at $79.99 during a trade that took place back on Sep 03 ’24, which means that KARSTEN WINTHER is holding shares at $3,593,567 based on the most recent closing price.

Stock Fundamentals for VRT

Current profitability levels for the company are sitting at:

  • 0.15 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 0.21. Equity return is now at value 31.22, with 6.49 for asset returns.

Based on Vertiv Holdings Co (VRT), the company’s capital structure generated 0.66 points at debt to capital in total, while cash flow to debt ratio is standing at 0.38. The debt to equity ratio resting at 1.94. The interest coverage ratio of the stock is 6.31.

Currently, EBITDA for the company is 1.19 billion with net debt to EBITDA at 1.87. When we switch over and look at the enterprise to sales, we see a ratio of 5.48. The receivables turnover for the company is 3.24for trailing twelve months and the total asset turnover is 0.89. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.36.

Conclusion

To wrap up, the performance of Vertiv Holdings Co (VRT) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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