Vertiv Holdings Co (NYSE: VRT) on November 20, 2023, started off the session at the price of $43.11, soaring 2.91% from the previous trading day. During the day, the shares moved up to $44.63 and dropped to $43.11 before settling in for the closing price of $43.29. Within the past 52 weeks, VRT’s price has moved between $11.95 and $44.96.
Industrials Sector giant saw their annual sales surged by 5.37% over the last five years. The company achieved an average annual earnings per share of 223.22%. With a float of $348.27 million, this company’s outstanding shares have now reached $377.37 million.
The firm has a total of 27000 workers. Let’s measure their productivity. In terms of profitability, gross margin is +24.60, operating margin of +3.90, and the pretax margin is +2.93.
Vertiv Holdings Co (VRT) Insider Activity
Observing investor behavior towards Electrical Equipment & Parts industry stocks is more important than anything else. The insider ownership of Vertiv Holdings Co is 8.70%, while institutional ownership is 88.14%. The most recent insider transaction that took place on Sep 08, was worth 375,000,000. In this transaction Director of this company sold 10,000,000 shares at a rate of $37.50, taking the stock ownership to the 7,955,215 shares. Before that another transaction happened on Sep 07, when Company’s Chief Accounting Officer sold 36,008 for $38.47, making the entire transaction worth $1,385,188. This insider now owns 0 shares in total.
Vertiv Holdings Co (VRT) Earnings and Forecasts
As on 9/29/2023, Multinational firm has announced its last quarter scores, in which it reported $0.52 earnings per share (EPS) for the period topping the consensus outlook (set at $0.44) by $0.08. This company achieved a net margin of +1.35 while generating a return on equity of 5.36. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 223.22% per share during the next fiscal year.
Vertiv Holdings Co (NYSE: VRT) Trading Performance Indicators
Vertiv Holdings Co (VRT) is currently performing well based on its current performance indicators. A quick ratio of 1.28 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.55. Likewise, its price to free cash flow for the trailing twelve months is 107.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.65, a number that is poised to hit 0.50 in the next quarter and is forecasted to reach 2.10 in one year’s time.
Technical Analysis of Vertiv Holdings Co (VRT)
Analysing the last 5-days average volume posted by the [Vertiv Holdings Co, VRT], we can find that recorded value of 5.76 million was better than the volume posted last year of 5.12 million. As of the previous 9 days, the stock’s Stochastic %D was 76.08%. Additionally, its Average True Range was 1.91.
During the past 100 days, Vertiv Holdings Co’s (VRT) raw stochastic average was set at 98.09%, which indicates a significant increase from 93.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.22% in the past 14 days, which was lower than the 57.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.08, while its 200-day Moving Average is $25.77. Now, the first resistance to watch is $45.08. This is followed by the second major resistance level at $45.62. The third major resistance level sits at $46.60. If the price goes on to break the first support level at $43.56, it is likely to go to the next support level at $42.58. Should the price break the second support level, the third support level stands at $42.04.
Vertiv Holdings Co (NYSE: VRT) Key Stats
Market capitalization of the company is 16.99 billion based on 381,441K outstanding shares. Right now, sales total 5,692 M and income totals 76,600 K. The company made 1,743 M in profit during its latest quarter, and 94,100 K in sales during its previous quarter.