As of Thursday close, Vertiv Holdings Co’s (NYSE:VRT) stock was down -$0.75, moving down -2.22 percent to $32.99. The average number of shares traded per day over the past five days has been 5,874,140 shares. 4 times new highs have been achieved over the past 5 days, with a -$0.88 fall in that time frame. In the last twenty days, the average volume was 8,702,620, while in the previous 50 days, it was 6,294,838.
Since last month, VRT stock rose 23.60%. Shares of the company fell to $25.09 on 07/27/23, the lowest level in the past month. A 52-week high of $36.69 was reached on 08/09/23 after having rallying from a 52-week low of $9.48. Since the beginning of this year, VRT’s stock price has risen by 141.51% or $19.33, and marked a new high 31 times. However, the stock has declined by -10.08% since its 52-week high.
VRT stock investors should be aware that Vertiv Holdings Co (VRT) stock had its last reported insider trading activity 9 days ago on Aug 09. VPE Holdings, LLC, the Director of the company, disposed of 20,000,000 shares for $34.91 on Aug 09. It resulted in a $698,200,000 divestment by the insider. O’ Doherty Philip sold 1,916,824 shares at an average price of $33.17 on Aug 02. The insider now owns 12,324,181 shares following the transaction. On Jul 13, Managing Director, E+I O’ Doherty Philip sold 137,206 shares at $27.00 apiece. The transaction was valued at $3,704,562.
Valuation Metrics
Right now, Vertiv Holdings Co (VRT) has a P/E ratio of about 69.31. The stock’s beta is 1.39. Besides these, the trailing price-to-sales (P/S) ratio of 1.99, the price-to-book (PB) ratio of 7.57, and the price-to-cash flow ratio of 35.39 may also be considered.
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 June 29, Vertiv Holdings Co’s quick ratio stood at 1.20, while its current ratio was 1.60, 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 June 29 was 1.77, and the total debt-to-equity ratio was 1.78. On the profitability front, the trailing twelve-month gross margin is 31.80% percent. In the year ended June 29, EBITDA margin amounted to 9.21%, whereas operating margins totaled 4.90%. 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 12.30%.
In Vertiv Holdings Co’s quarter-end financial report for June 29, it reported total debt of $2.93 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 19.3% to $1.52 billion during the quarter, while net income inched up to $1.73 billion. While analysts expected Vertiv Holdings Co to report $0.29 quarterly earnings, the actual figure was $0.46 per share, beating the consensus estimate by 58.60%. During the quarter, the company generated $275.1 million in EBITDA. The liabilities of Vertiv Holdings Co were 5.6 billion at the end of its most recent quarter ended June 29, and its total debt was $3.12 billion. The value of shareholders’ equity is $380.53 million.
Technical Picture
This quick technical analysis looks at Vertiv Holdings Co’s (VRT) price momentum. With a historical volatility rate of 33.85%, the RSI 9-day stood at 55.81% on 17 August.
With respect to its five-day moving average, the current Vertiv Holdings Co price is down by -2.60% percent or -$0.88. At present, VRT shares trade +26.06% above its 20-day simple moving average and +152.02% percent above its 100-day simple moving average. However, the stock is currently trading approximately +64.95% above its SMA50 and +120.52% above its SMA200.
Stochastic coefficient K was 74.72% and Stochastic coefficient D was 77.82%, while ATR was 1.53. Given the Stochastic reading of 67.20% for the 14-day period, the RSI (14) reading has been calculated as 62.13%. As of today, the MACD Oscillator reading stands at -0.64, while the 14-day reading stands at 0.45.
