Vertiv Holdings Co (NYSE:VRT) shares, rose in value on Friday, November 22, with the stock price down by -1.17% to the previous day’s close as strong demand from buyers drove the stock to $139.83.
Actively observing the price movement in the recent trading, the stock is buoying the session at $141.49, falling within a range of $139.14 and $142.9. The value of beta (5-year monthly) is 1.586 whereas the PE ratio is 93.05 over 12-month period. Referring to stock’s 52-week performance, its high was $145.67, and the low was $41.01. On the whole, VRT has fluctuated by 27.08% over the past month.
With the market capitalization of Vertiv Holdings Co currently standing at about $52.48 billion, investors are eagerly awaiting this quarter’s results, scheduled for in December. The company’s Forward Dividend Ratio is 0.10, with its dividend yield at 0.07%.
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 2.12B and a high estimate of 2.18B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.15B.
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 100% 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 2.74, with the price of VRT currently trading nearly 14.48% and 26.06% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 71.38, while the 7-day volatility ratio is showing 7.20% which for the 30-day chart, stands at 4.49%. Furthermore, Vertiv Holdings Co (VRT)’s beta value is 1.64, and its average true range (ATR) is 6.01.
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 -1.17% in today’s session so far, and over the past year, it grew by 221.30%%.
Data on historical trading for Vertiv Holdings Co (NYSE:VRT) indicates that the trading volumes over the past 10 days have averaged 7.62 and over the past 3 months, they’ve averaged 6.85 million. According to company’s latest data on outstanding shares, there are 381.79 million shares outstanding.
Nearly 2.44% of Vertiv Holdings Co’s shares belong to company insiders and institutional investors own 86.50% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 18.44 million shares as on 2024-10-31, resulting in a short ratio of 2.84. According to the data, the short interest in Vertiv Holdings Co (VRT) stood at 595.00 of shares outstanding as of 2024-10-31; the number of short shares registered in 2024-09-30 reached 18.9 million. The stock has risen by 191.13% 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.
