Vertiv (VRT) Projected to Post Earnings on Wednesday

Vertiv (NYSE:VRT - Get Free Report) is projected to announce its Q4 24 earnings results before the market opens on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.84 per share and revenue of $2.16 billion for the quarter. Vertiv has set its Q1 2025 guidance at 0.570-0.630 EPS and its FY 2025 guidance at 3.500-3.600 EPS.Individual interested in listening to the company's earnings conference call can do so using this link.

Vertiv (NYSE:VRT - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $0.99 EPS for the quarter, topping analysts' consensus estimates of $0.84 by $0.15. Vertiv had a return on equity of 55.33% and a net margin of 7.72%. During the same quarter in the previous year, the firm earned $0.56 earnings per share. On average, analysts expect Vertiv to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Vertiv Trading Down 1.7 %

Shares of Vertiv stock traded down $1.86 during trading on Thursday, reaching $109.38. 14,386,996 shares of the company were exchanged, compared to its average volume of 10,447,669. The company has a quick ratio of 1.02, a current ratio of 1.38 and a debt-to-equity ratio of 1.60. Vertiv has a twelve month low of $55.00 and a twelve month high of $155.84. The business has a 50-day moving average price of $123.88 and a 200-day moving average price of $108.11. The firm has a market capitalization of $41.06 billion, a price-to-earnings ratio of 72.92, a P/E/G ratio of 0.94 and a beta of 1.64.

Vertiv Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Tuesday, December 3rd were paid a dividend of $0.0375 per share. The ex-dividend date of this dividend was Tuesday, December 3rd. This is a boost from Vertiv's previous quarterly dividend of $0.03. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.14%. Vertiv's payout ratio is 6.67%.

Insider Buying and Selling

In other Vertiv news, Director Jakki L. Haussler sold 15,347 shares of the company's stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $137.38, for a total value of $2,108,370.86. Following the sale, the director now owns 3,425 shares in the company, valued at $470,526.50. This represents a 81.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Stephen Liang sold 86,619 shares of the company's stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $131.07, for a total value of $11,353,152.33. Following the completion of the sale, the executive vice president now owns 19,551 shares in the company, valued at $2,562,549.57. This represents a 81.59 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 171,527 shares of company stock worth $23,105,682. Corporate insiders own 5.01% of the company's stock.

Analysts Set New Price Targets

A number of research firms have issued reports on VRT. UBS Group began coverage on Vertiv in a research note on Wednesday, November 13th. They issued a "buy" rating and a $155.00 target price for the company. The Goldman Sachs Group boosted their target price on Vertiv from $126.00 to $140.00 and gave the company a "buy" rating in a research note on Tuesday, November 19th. Morgan Stanley began coverage on Vertiv in a research note on Monday, January 6th. They issued an "overweight" rating and a $150.00 target price for the company. Fox Advisors began coverage on Vertiv in a research note on Monday, January 6th. They issued an "equal weight" rating for the company. Finally, Evercore ISI decreased their target price on Vertiv from $150.00 to $145.00 and set an "outperform" rating for the company in a research note on Friday, January 17th. Four research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $138.57.

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.