Vertiv (VRT) to Release Earnings on Wednesday

Vertiv (NYSE:VRT - Get Free Report) is expected to be releasing its earnings data before the market opens on Wednesday, April 23rd. Analysts expect Vertiv to post earnings of $0.62 per share and revenue of $1.94 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 participating in the company's earnings conference call can do so using this link.

Vertiv (NYSE:VRT - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The company reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.15. Vertiv had a return on equity of 61.41% and a net margin of 6.19%. During the same period in the prior year, the company earned $0.56 earnings per share. On average, analysts expect Vertiv to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Vertiv Stock Up 2.2 %

Shares of VRT traded up $1.59 on Friday, hitting $73.24. The company's stock had a trading volume of 9,294,650 shares, compared to its average volume of 9,036,926. The company has a quick ratio of 1.02, a current ratio of 1.65 and a debt-to-equity ratio of 1.19. The firm has a market capitalization of $27.89 billion, a price-to-earnings ratio of 57.22, a P/E/G ratio of 1.07 and a beta of 1.71. The firm's fifty day moving average price is $84.24 and its 200-day moving average price is $108.55. Vertiv has a fifty-two week low of $53.60 and a fifty-two week high of $155.84.

Vertiv Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 18th were issued a dividend of $0.0375 per share. The ex-dividend date of this dividend was Tuesday, March 18th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.20%. Vertiv's payout ratio is 11.72%.

Analyst Ratings Changes

A number of equities analysts have issued reports on VRT shares. Melius Research reiterated a "hold" rating and set a $125.00 target price on shares of Vertiv in a report on Tuesday, January 28th. Morgan Stanley started coverage on Vertiv in a research note on Monday, January 6th. They issued an "overweight" rating and a $150.00 target price on the stock. The Goldman Sachs Group decreased their price target on shares of Vertiv from $135.00 to $85.00 and set a "buy" rating for the company in a research note on Thursday, April 10th. Citigroup reduced their target price on shares of Vertiv from $153.00 to $98.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, Fox Advisors initiated coverage on shares of Vertiv in a research report on Monday, January 6th. They set an "equal weight" rating on the stock. Four research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $121.94.

About Vertiv

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.