Vertiv Holdings Co (NYSE:VRT) price on Wednesday, February 05, rose 7.00% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $119.04.
A look at the stock’s price movement, the close in the last trading session was $111.25, moving within a range at $113.54 and $119.3994. The beta value (5-Year monthly) was 1.586 while the PE ratio in trailing twelve months stood at 79.21. Turning to its 52-week performance, $155.84 and $55.00 were the 52-week high and 52-week low respectively. Overall, VRT moved -5.28% over the past month.
Vertiv Holdings Co’s market cap currently stands at around $44.68 billion, with investors looking forward to this quarter’s earnings report slated for in March. The company has a Forward Dividend ratio of 0.11, with its dividend yield at 0.09%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 2.16B for the company’s revenue for the quarter, with a low and high estimate of 2.12B and 2.2B respectively. The average forecast suggests up to a 15.53% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 7.83B, representing a 14.09% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that VRT is a 50% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
12 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 10 recommend VRT as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
VRT’s current price about -5.82% and -5.25% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 47.32, while 7-day volatility ratio is 6.39% and 6.41% in the 30-day chart. Further, Vertiv Holdings Co (VRT) has a beta value of 1.68, and an average true range (ATR) of 9.22. Analysts have given the company’s stock an average 52-week price target of $123, forecast between a low of $115 and high of $155. Looking at the price targets, the low is 3.39% off current price level while to achieve the yearly target high, price needs to move -30.21%. Nonetheless, investors will most likely welcome a -3.33% jump to $123 which is the analysts’ median price.
If we refocus on Vertiv Holdings Co (NYSE:VRT), historical trading data shows that trading volumes averaged 15.79 over the past 10 days and 7.88 million over the past 3 months. The company’s latest data on shares outstanding shows there are 375.25 million shares.
The 1.91% of Vertiv Holdings Co’s shares are in the hands of company insiders while institutional holders own 87.47% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 13.61 million on 2025-01-15, giving us a short ratio of 2.53. The data shows that as of 2025-01-15 short interest in Vertiv Holdings Co (VRT) stood at 438.99998 of shares outstanding, with shares short rising to 12.91 million registered in 2024-12-13. Current price change has pushed the stock 4.78% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the VRT stock continues to rise going into the next quarter.
