As of Friday close, Vertiv Holdings Co’s (NYSE:VRT) stock was down -$0.48, moving down -3.53 percent to $13.12. The average number of shares traded per day over the past five days has been 3,866,740 shares. 2 times new highs have been achieved over the past 5 days, with a -$1.12 fall in that time frame. In the last twenty days, the average volume was 4,071,225, while in the previous 50 days, it was 3,361,770.
Since last month, VRT stock retreated -18.36%. Shares of the company fell to $12.90 on 03/15/23, the lowest level in the past month. A 52-week high of $17.88 was reached on 02/22/23 after having rallying from a 52-week low of $7.76. Since the beginning of this year, VRT’s stock price has dropped by -3.95% or -$0.54, and marked a new high 8 times. However, the stock has declined by -26.62% since its 52-week high.
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Sponsored
VRT stock investors should be aware that Vertiv Holdings Co (VRT) stock had its last reported insider trading activity 135 days ago on Nov 03. DEANGELO JOSEPH J, the Director of the company, purchased of 71,600 shares for $13.99 on Nov 03. It resulted in a $1,001,684 investment by the insider. Fallon David Joseph added 13,000 shares at an average price of $13.47 on Mar 18. The insider now owns 220,679 shares following the transaction.
Valuation Metrics
Right now, Vertiv Holdings Co (VRT) has a P/E ratio of about 64.63. The stock’s beta is 1.46. Besides these, the trailing price-to-sales (P/S) ratio of 0.94, the price-to-book (PB) ratio of 3.43.
The latest dividend of $0.01 per share was paid out, remained unchanged from last year’s $0.01.
Financial Health
In the three months ended December 30, Vertiv Holdings Co’s quick ratio stood at 1.20, while its current ratio was 1.70, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 2.20, and the total debt-to-equity ratio was 2.21. On the profitability front, the trailing twelve-month gross margin is 28.40% percent. In the year ended December 30, operating margins totaled 2.90%. Based on annual data, VRT earned $1.62 billion in gross profit and brought in $5.69 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 1.70%. Return on equity (ROE) for the past 12 months was 5.60%.
In Vertiv Holdings Co’s quarter-end financial report for December 30, it reported total debt of $3.17 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. VRT’s revenue rose 14.75% to $1.48 billion during the quarter, while net income inched up to $1.65 billion. While analysts expected Vertiv Holdings Co to report $0.31 quarterly earnings, the actual figure was $0.28 per share, beating the consensus estimate by -9.70%. During the quarter, the company generated $233.0 million in EBITDA. The liabilities of Vertiv Holdings Co were 5.65 billion at the end of its most recent quarter ended December 30, and its total debt was $3.37 billion. The value of shareholders’ equity is $377.64 million.
Technical Picture
This quick technical analysis looks at Vertiv Holdings Co’s (VRT) price momentum. With a historical volatility rate of 47.35%, the RSI 9-day stood at 27.19% on 17 March.
With respect to its five-day moving average, the current Vertiv Holdings Co price is down by -7.87% percent or -$1.12. At present, VRT shares trade -18.15% below its 20-day simple moving average and -0.68% percent below its 100-day simple moving average. However, the stock is currently trading approximately -2.81% below its SMA50 and +19.38% above its SMA200.
Stochastic coefficient K was 11.92% and Stochastic coefficient D was 12.68%, while ATR was 0.75. Given the Stochastic reading of 5.80% for the 14-day period, the RSI (14) reading has been calculated as 34.31%. As of today, the MACD Oscillator reading stands at -0.99, while the 14-day reading stands at -1.64.
Analyst Ratings
Cowen upgraded its rating on Vertiv Holdings Co (NYSE: VRT) to an Outperform in a note to investors on October 27, 2022. The analysts firm previously had a Market perform rating on the stock.Vertiv Holdings Co (VRT) has been rated Overweight by analysts. According to 0 brokerage firms, VRT is a sell, and 2 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate Vertiv Holdings Co stock as buy, with 8 recommending it as overweight.
With a median target price of $19.00, the current consensus forecast for the stock is $13.00 – $26.00. Based on these forecasts, analysts predict Vertiv Holdings Co (VRT) will achieve an average price target of $18.95.