Vertiv Holdings Co (NYSE:VRT) shares, rose in value on Friday, November 01, with the stock price down by -0.98% to the previous day’s close as strong demand from buyers drove the stock to $108.22.
Actively observing the price movement in the recent trading, the stock is buoying the session at $109.29, falling within a range of $107.39 and $110.0. The value of beta (5-year monthly) is 1.594 whereas the PE ratio is 72.01 over 12-month period. Referring to stock’s 52-week performance, its high was $116.41, and the low was $38.68. On the whole, VRT has fluctuated by 5.38% over the past month.
With the market capitalization of Vertiv Holdings Co currently standing at about $40.62 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-19. The company’s Forward Dividend Ratio is 0.10, with its dividend yield at 0.09%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.82B, with a low estimate of 2.14B and a high estimate of 2.18B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.16B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VRT’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.12, with the price of VRT currently trading nearly -2.14% and 11.72% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.30, while the 7-day volatility ratio is showing 2.79% which for the 30-day chart, stands at 3.46%. Furthermore, Vertiv Holdings Co (VRT)’s beta value is 1.59, and its average true range (ATR) is 4.08.
A comparison of Vertiv Holdings Co (VRT) with its peers suggests the former has fared considerably weaker in the market. VRT showed an intraday change of -0.98% in today’s session so far, and over the past year, it grew by 168.99%%.
Data on historical trading for Vertiv Holdings Co (NYSE:VRT) indicates that the trading volumes over the past 10 days have averaged 7.12 and over the past 3 months, they’ve averaged 7.41 million. According to company’s latest data on outstanding shares, there are 381.79 million shares outstanding.
Nearly 2.51% of Vertiv Holdings Co’s shares belong to company insiders and institutional investors own 84.91% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 18.02 million shares as on 2024-10-15, resulting in a short ratio of 2.66. According to the data, the short interest in Vertiv Holdings Co (VRT) stood at 582.00 of shares outstanding as of 2024-10-15; the number of short shares registered in 2024-09-13 reached 19.43 million. The stock has risen by 125.31% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VRT stock heading into the next quarter.
