Citigroup Forecasts Strong Price Appreciation for Vertiv (NYSE:VRT) Stock

Key Points

• Citigroup raised its price target for Vertiv (NYSE:VRT) stock from $192 to $198, indicating a potential upside of 8.28% from the previous close.
• Overall, the stock has received mostly positive ratings from analysts, with twenty recommending a buy and only one issuing a sell recommendation.
• Vertiv reported strong earnings, with EPS of $1.24 surpassing expectations and a significant 29% year-over-year revenue growth in the recent quarter.

Vertiv (NYSE:VRT - Get Free Report) had its price objective increased by stock analysts at Citigroup from $192.00 to $198.00 in a report released on Thursday,Benzinga reports. The firm presently has a "buy" rating on the stock. Citigroup's target price points to a potential upside of 8.28% from the stock's previous close.

Other research analysts have also recently issued research reports about the stock. The Goldman Sachs Group set a $182.00 target price on shares of Vertiv in a research note on Thursday. KGI Securities upgraded shares of Vertiv from a "hold" rating to an "outperform" rating in a research note on Thursday. Morgan Stanley lifted their target price on shares of Vertiv from $165.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday. Royal Bank Of Canada lifted their target price on shares of Vertiv from $191.00 to $196.00 and gave the company an "outperform" rating in a research note on Thursday. Finally, Melius Research upgraded shares of Vertiv from a "hold" rating to a "strong-buy" rating and lifted their target price for the company from $134.00 to $165.00 in a research note on Tuesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Vertiv has an average rating of "Moderate Buy" and a consensus price target of $177.81.

Vertiv Stock Performance

Shares of Vertiv stock traded up $11.27 on Thursday, hitting $182.86. 9,626,286 shares of the company's stock were exchanged, compared to its average volume of 8,877,399. The company has a 50-day simple moving average of $145.24 and a 200-day simple moving average of $122.05. The stock has a market capitalization of $69.83 billion, a PE ratio of 87.49, a PEG ratio of 1.50 and a beta of 1.84. Vertiv has a 1 year low of $53.60 and a 1 year high of $184.50. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74.

Vertiv (NYSE:VRT - Get Free Report) last released its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, beating analysts' consensus estimates of $0.99 by $0.25. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The company had revenue of $2.68 billion for the quarter, compared to analysts' expectations of $2.59 billion. During the same quarter in the previous year, the company earned $0.76 EPS. Vertiv's revenue for the quarter was up 29.0% on a year-over-year basis. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. As a group, equities analysts anticipate that Vertiv will post 3.59 EPS for the current year.

Insider Activity at Vertiv

In other news, insider Paul Ryan sold 22,218 shares of the business's stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total value of $2,829,240.12. Following the sale, the insider directly owned 12,803 shares in the company, valued at $1,630,334.02. The trade was a 63.44% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Jakki L. Haussler sold 15,680 shares of the business's stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the completion of the sale, the director owned 4,631 shares in the company, valued at approximately $573,873.52. This trade represents a 77.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 180,952 shares of company stock worth $23,360,571 in the last quarter. 2.63% of the stock is owned by company insiders.

Institutional Trading of Vertiv

Large investors have recently made changes to their positions in the business. Financial Management Professionals Inc. increased its holdings in shares of Vertiv by 1,560.0% in the 3rd quarter. Financial Management Professionals Inc. now owns 166 shares of the company's stock worth $25,000 after buying an additional 156 shares during the last quarter. Pacer Advisors Inc. increased its holdings in shares of Vertiv by 67.6% in the 3rd quarter. Pacer Advisors Inc. now owns 171 shares of the company's stock worth $26,000 after buying an additional 69 shares during the last quarter. True Wealth Design LLC increased its holdings in shares of Vertiv by 54.0% in the 3rd quarter. True Wealth Design LLC now owns 194 shares of the company's stock worth $29,000 after buying an additional 68 shares during the last quarter. Promus Capital LLC bought a new stake in shares of Vertiv in the 2nd quarter worth about $26,000. Finally, Avion Wealth increased its holdings in shares of Vertiv by 99.1% in the 2nd quarter. Avion Wealth now owns 213 shares of the company's stock worth $27,000 after buying an additional 106 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors.

Vertiv Company Profile

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

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