Vertiv Holdings Co (NYSE:VRT) traded at $94.80 at close of the session on Monday, April 29, made an upward move of 1.40% on its previous day’s price.
Looking at the stock we see that its previous close was $93.49. The company has a trailing 12-month PE ratio of 91.15. In terms of its 52-week price range, VRT has a high of $95.32 and a low of $13.73. The company’s stock has gained about 16.08% over that past 30 days.
Vertiv Holdings Co has a market cap of $36.21 billion. With its Forward Dividend at 0.05 and a yield of 0.05%, the company’s investors could be anxious for the VRT stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.57, with the EPS growth for the year raised at $2.36 for 2024 and $3.04 for next year. These figures represent 33.30% and 28.80% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $1.93 billion, with a low of $1.89 billion and a high of $1.96 billion. The median projection represents growth squeezing down to 19.50% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $7.68 billion, or 11.80% up from figures reported last year.
There have been 1 upward and — downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the VRT stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note that the PEG ratio for the VRT stock currently stands at 3.34, and the current price level is 14.35% off its SMA20 and 24.51% from its 50-day simple moving average. The RSI (14) is pointing at 68.83 while the volatility over the past week is 7.94% and jumps to 6.50% over the past one month. The beta value is 1.56, while the average true range (ATR) is currently pointing at 5.45.
Coming back to Vertiv Holdings Co (NYSE:VRT), we note that the average 3-month trading volume was 9.08 million. Current shares outstanding are 381.79 million.
The insiders hold 4.35% of the company’s shares while institutions hold 88.68%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 97.38% up in year-to-date price movement.
