On Monday, Vertiv Holdings Co (NYSE: VRT) opened higher 1.40% from the last session, before settling in for the closing price of $93.49. Price fluctuations for VRT have ranged from $13.73 to $95.32 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 9.49%. Company’s average yearly earnings per share was noted 33.73% at the time writing. With a float of $365.34 million, this company’s outstanding shares have now reached $381.79 million.
Considering the fact that the conglomerate employs 27000 people, you should pay attention to its efficiency factor.
Vertiv Holdings Co (VRT) Insider Activity
A key investor’s attitude towards the stock of the Electrical Equipment & Parts industry is another important factor to consider. The insider ownership of Vertiv Holdings Co is 4.35%, while institutional ownership is 88.68%. The most recent insider transaction that took place on Mar 08 ’24, was worth 4,004,869. In this transaction Chief Accounting Officer of this company sold 56,594 shares at a rate of $70.76, taking the stock ownership to the 0 shares. Before that another transaction happened on Mar 01 ’24, when Company’s Chief Technology Officer & EVP sold 306,196 for $70.24, making the entire transaction worth $21,506,655. This insider now owns 51,841 shares in total.
Vertiv Holdings Co (VRT) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 3/31/2024, the company posted 0.46 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.29) by 0.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.64 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 33.73% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 27.30% during the next five years compared to 82.85% growth over the previous five years of trading.
Vertiv Holdings Co (NYSE: VRT) Trading Performance Indicators
Check out the current performance indicators for Vertiv Holdings Co (VRT). In the past quarter, the stock posted a quick ratio of 0.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.19. Likewise, its price to free cash flow for the trailing twelve months is 42.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.04, a number that is poised to hit 0.57 in the next quarter and is forecasted to reach 3.02 in one year’s time.
Technical Analysis of Vertiv Holdings Co (VRT)
Compared to the last year’s volume of 8.23 million, its volume of 17.36 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 90.38%. Additionally, its Average True Range was 5.45.
During the past 100 days, Vertiv Holdings Co’s (VRT) raw stochastic average was set at 98.99%, which indicates a significant increase from 97.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.81% in the past 14 days, which was higher than the 47.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $76.78, while its 200-day Moving Average is $50.72. Nevertheless, the first resistance level for the watch stands at $96.04 in the near term. At $97.29, the stock is likely to face the second major resistance level. The third major resistance level sits at $99.71. If the price goes on to break the first support level at $92.37, it is likely to go to the next support level at $89.95. Should the price break the second support level, the third support level stands at $88.70.
Vertiv Holdings Co (NYSE: VRT) Key Stats
There are currently 381,970K shares outstanding in the company with a market cap of 36.21 billion. Presently, the company’s annual sales total 6,863 M according to its annual income of 460,200 K. Last quarter, the company’s sales amounted to 1,865 M and its income totaled 232,600 K.
