As of Wednesday close, Vertiv Holdings Co’s (NYSE:VRT) stock was down -$0.94, moving down -2.47 percent to $37.12. The average number of shares traded per day over the past five days has been 4,840,320 shares. 1 time new highs have been achieved over the past 5 days, with a $0.09 gain in that time frame. In the last twenty days, the average volume was 5,713,780, while in the previous 50 days, it was 6,746,834.
Since last month, VRT stock rose 5.85%. Shares of the company fell to $33.65 on 08/21/23, the lowest level in the past month. A 52-week high of $40.41 was reached on 09/01/23 after having rallying from a 52-week low of $9.48. Since the beginning of this year, VRT’s stock price has risen by 171.74% or $23.46, and marked a new high 38 times. However, the stock has declined by -8.14% since its 52-week high.
VRT stock investors should be aware that Vertiv Holdings Co (VRT) stock had its last reported insider trading activity 13 days ago on Sep 08. VPE Holdings, LLC, the Director of the company, disposed of 10,000,000 shares for $37.50 on Sep 08. It resulted in a $375,000,000 divestment by the insider. Cripps Scott sold 36,008 shares at an average price of $38.47 on Sep 07. The insider now owns 0 shares following the transaction. On Aug 09, Director VPE Holdings, LLC sold 20,000,000 shares at $34.91 apiece. The transaction was valued at $698,200,000.
Valuation Metrics
Right now, Vertiv Holdings Co (VRT) has a P/E ratio of about 77.98. The stock’s beta is 1.41. Besides these, the trailing price-to-sales (P/S) ratio of 2.23, the price-to-book (PB) ratio of 8.51, and the price-to-cash flow ratio of 39.68 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 32.06%, the RSI 9-day stood at 45.30% on 20 September.
With respect to its five-day moving average, the current Vertiv Holdings Co price is up by +0.24% percent or $0.09. At present, VRT shares trade +6.15% above its 20-day simple moving average and +156.18% percent above its 100-day simple moving average. However, the stock is currently trading approximately +46.66% above its SMA50 and +161.41% above its SMA200.
Stochastic coefficient K was 34.37% and Stochastic coefficient D was 42.04%, while ATR was 1.55. Given the Stochastic reading of 21.48% for the 14-day period, the RSI (14) reading has been calculated as 52.68%. As of today, the MACD Oscillator reading stands at -0.41, while the 14-day reading stands at -0.85.
Analyst Ratings
BofA Securities upgraded its rating on Vertiv Holdings Co (NYSE: VRT) to a Buy in a note to investors on August 02, 2023. The analysts firm previously had an Underperform rating on the stock.Vertiv Holdings Co (VRT) has been rated Buy by analysts. According to 0 brokerage firms, VRT is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Vertiv Holdings Co stock as buy, with 10 recommending it as overweight.
With a median target price of $40.50, the current consensus forecast for the stock is $32.00 – $50.00. Based on these forecasts, analysts predict Vertiv Holdings Co (VRT) will achieve an average price target of $41.75.
