Free Trial

Vertiv (VRT) Stock Price, News & Analysis

$106.17
+4.93 (+4.87%)
(As of 05/24/2024 08:50 PM ET)
Today's Range
$101.22
$109.27
50-Day Range
$74.99
$106.18
52-Week Range
$17.94
$109.27
Volume
10.02 million shs
Average Volume
8.04 million shs
Market Capitalization
$39.74 billion
P/E Ratio
102.09
Dividend Yield
0.09%
Price Target
$91.00

Vertiv MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
14.3% Downside
$91.00 Price Target
Short Interest
Healthy
3.47% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.77mentions of Vertiv in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$312.58 M Sold Last Quarter
Proj. Earnings Growth
29.34%
From $2.42 to $3.13 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.71 out of 5 stars

Computer And Technology Sector

182nd out of 598 stocks

Electronic Components, Not Elsewhere Classified Industry

2nd out of 7 stocks

VRT stock logo

About Vertiv Stock (NYSE:VRT)

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. It offers AC and DC power management products, switchgear and busbar products, thermal management products, integrated rack systems, modular solutions, and management systems for monitoring and controlling digital infrastructure that are integral to the technologies used for various services, including e-commerce, online banking, file sharing, video on-demand, energy storage, wireless communications, Internet of Things, and online gaming. The company also provides lifecycle management services, predictive analytics, and professional services for deploying, maintaining, and optimizing its products and their related systems; and preventative maintenance, acceptance testing, engineering and consulting, performance assessments, remote monitoring, training, spare parts, and digital critical infrastructure software services. It offers its products primarily under the Vertiv, Liebert, NetSure, Geist, E&I, Powerbar, and Avocent brands. The company serves cloud services, financial services, healthcare, transportation, manufacturing, energy, education, government, social media, and retail industries through a network of direct sales professionals, independent sales representatives, channel partners, and original equipment manufacturers. Vertiv Holdings Co is headquartered in Westerville, Ohio.

VRT Stock Price History

VRT Stock News Headlines

Vertiv (NYSE:VRT) Trading 5.7% Higher
Vertiv (NYSE:VRT) Shares Up 3%
Vertiv (NYSE:VRT) Hits New 52-Week High at $105.64
AI Boom: How Nvidia, AMD Growth Spurs Opportunities For Vertiv
Vertiv (NYSE:VRT) Trading 2.1% Higher After Analyst Upgrade
VRT May 2024 96.000 put
VRT May 2024 83.000 call
VRT Jan 2025 25.000 put
Vertiv (NYSE:VRT) Trading Down 0.2% on Insider Selling
Vertiv (NYSE:VRT) PT Raised to $115.00 at Bank of America
Analyst Ratings For Vertiv Hldgs
Vertiv: Efficiently Absorbing AI Tailwinds
See More Headlines
Receive VRT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Vertiv and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 3/28 Dividend
3/18/2024
Dividend Payable
3/28/2024
Last Earnings
4/24/2024
Today
5/26/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electronic components, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
27,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$91.00
High Stock Price Target
$116.00
Low Stock Price Target
$41.00
Potential Upside/Downside
-14.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
10 Analysts

Profitability

Net Income
$460.20 million
Pretax Margin
6.20%

Debt

Sales & Book Value

Annual Sales
$6.86 billion
Cash Flow
$2.52 per share
Book Value
$3.72 per share

Miscellaneous

Free Float
355,590,000
Market Cap
$39.74 billion
Optionable
Not Optionable
Beta
1.55
The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.

Get This Free Report

Key Executives

  • Mr. David M. Cote (Age 71)
    Executive Chairman
    Comp: $214.98k
  • Mr. Giordano Albertazzi (Age 57)
    CEO & Director
    Comp: $1.18M
  • Mr. David J. Fallon (Age 55)
    Chief Financial Officer
    Comp: $1.2M
  • Mr. Stephen LiangMr. Stephen Liang (Age 65)
    CTO & Executive VP
    Comp: $1.3M
  • Mr. Philip O'Doherty (Age 63)
    Managing Director of E & I Engineering
    Comp: $577.12k
  • Mr. Scott A. Cripps
    Chief Accounting Officer & Corporate Controller
  • Ms. Sheryl Haislet (Age 58)
    Chief Information Officer
  • Ms. Stephanie L. Gill Esq. (Age 52)
    Chief Legal Counsel & Corporate Secretary
    Comp: $697.54k
  • Mr. Rainer Stiller
    Chief Marketing Officer
  • Ms. Cheryl H.J. Lim (Age 53)
    Chief Human Resources Officer

VRT Stock Analysis - Frequently Asked Questions

Should I buy or sell Vertiv stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Vertiv in the last twelve months. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" VRT shares.
View VRT analyst ratings
or view top-rated stocks.

What is Vertiv's stock price target for 2024?

10 analysts have issued 12-month price objectives for Vertiv's shares. Their VRT share price targets range from $41.00 to $116.00. On average, they expect the company's share price to reach $91.00 in the next twelve months. This suggests that the stock has a possible downside of 14.3%.
View analysts price targets for VRT
or view top-rated stocks among Wall Street analysts.

How have VRT shares performed in 2024?

Vertiv's stock was trading at $48.03 on January 1st, 2024. Since then, VRT shares have increased by 121.0% and is now trading at $106.17.
View the best growth stocks for 2024 here
.

Are investors shorting Vertiv?

Vertiv saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 12,980,000 shares, an increase of 19.6% from the April 15th total of 10,850,000 shares. Based on an average daily volume of 8,960,000 shares, the short-interest ratio is currently 1.4 days.
View Vertiv's Short Interest
.

When is Vertiv's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our VRT earnings forecast
.

How were Vertiv's earnings last quarter?

Vertiv Holdings Co (NYSE:VRT) issued its quarterly earnings results on Wednesday, April, 24th. The company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.06. The firm earned $1.64 billion during the quarter, compared to analysts' expectations of $1.62 billion. Vertiv had a trailing twelve-month return on equity of 44.95% and a net margin of 5.79%. The firm's revenue was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.24 EPS.

How often does Vertiv pay dividends? What is the dividend yield for Vertiv?

Vertiv declared a quarterly dividend on Thursday, March 7th. Investors of record on Tuesday, March 19th will be paid a dividend of $0.025 per share on Thursday, March 28th. This represents a $0.10 annualized dividend and a dividend yield of 0.09%. The ex-dividend date of this dividend is Monday, March 18th.
Read our dividend analysis for VRT
.

Is Vertiv a good dividend stock?

Vertiv (NYSE:VRT) pays an annual dividend of $0.10 per share and currently has a dividend yield of 0.09%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VRT will have a dividend payout ratio of 3.19% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VRT.

What guidance has Vertiv issued on next quarter's earnings?

Vertiv issued an update on its FY24 earnings guidance on Wednesday, April, 24th. The company provided earnings per share guidance of $2.29-2.35 for the period, compared to the consensus estimate of $2.30. The company issued revenue guidance of $7.54-7.69 billion, compared to the consensus revenue estimate of $7.63 billion.

What other stocks do shareholders of Vertiv own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Vertiv investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), DraftKings (DKNG), QUALCOMM (QCOM), Marvell Technology (MRVL), Pure Storage (PSTG), Boeing (BA), Overstock.com (OSTK), Vista Outdoor (VSTO) and Avid Technology (AVID).

Who are Vertiv's major shareholders?

Vertiv's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.98%), Bamco Inc. NY (1.30%), Price T Rowe Associates Inc. MD (1.28%), Westfield Capital Management Co. LP (0.91%), New South Capital Management Inc. (0.87%) and Janus Henderson Group PLC (0.80%). Insiders that own company stock include Anders Karlborg, David Joseph Fallon, Doherty Philip O', Edward L Monser, Joseph J Deangelo, Patrick R Johnson, Robert Joseph Johnson, Roger Fradin, Scott Cripps, Stephen Liang, Vpe Holdings, Llc and Yibin Edward Cui.
View institutional ownership trends
.

How do I buy shares of Vertiv?

Shares of VRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:VRT) was last updated on 5/27/2024 by MarketBeat.com Staff

From Our Partners