Vertiv (VRT) Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vertiv in the last twelve months. There are currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" VRT shares.
View VRT analyst ratings or view top-rated stocks.

12 analysts have issued 1 year price targets for Vertiv's shares. Their VRT share price forecasts range from $18.00 to $50.00. On average, they expect the company's stock price to reach $33.00 in the next twelve months. This suggests that the stock has a possible downside of 9.5%.
View analysts price targets for VRT or view top-rated stocks among Wall Street analysts.

Vertiv's stock was trading at $13.66 on January 1st, 2023. Since then, VRT stock has increased by 167.0% and is now trading at $36.47.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our VRT earnings forecast.

Vertiv Holdings Co (NYSE:VRT) issued its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.29 by $0.17. The company had revenue of $1.73 billion for the quarter, compared to analysts' expectations of $1.62 billion. Vertiv had a trailing twelve-month return on equity of 31.02% and a net margin of 2.84%. Vertiv's revenue was up 23.9% compared to the same quarter last year. During the same period last year, the business posted $0.10 EPS.

Vertiv announced an annual dividend on Friday, November 18th. Investors of record on Wednesday, November 30th will be given a dividend of $0.01 per share on Thursday, December 15th. This represents a yield of 0.1%. The ex-dividend date is Tuesday, November 29th.
Read our dividend analysis for VRT.

ETFs with the largest weight of Vertiv (NYSE:VRT) stock in their portfolio include Adaptiv Select ETF (ADPV), Noble Absolute Return ETF (NOPE), Pinnacle Focused Opportunities ETF (FCUS), American Century Mid Cap Growth Impact (MID), Innovator Deepwater Frontier Tech ETF (LOUP), Engine No. 1 Transform Climate ETF (NETZ), First Trust Technology AlphaDEX Fund (FXL) and ClearBridge Focus Value ESG ETF (CFCV).

Vertiv (NYSE:VRT) pays an annual dividend of $0.01 per share and currently has a dividend yield of 0.03%. The dividend payout ratio is 2.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VRT will have a dividend payout ratio of 0.51% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VRT.

Vertiv issued an update on its FY23 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of $1.54-1.64 for the period, compared to the consensus EPS estimate of $1.26. The company issued revenue guidance of $6.71-6.91 billion, compared to the consensus revenue estimate of $6.55 billion.

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).

Vertiv trades on the New York Stock Exchange (NYSE) under the ticker symbol "VRT."

Vertiv's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Starboard Value LP (4.20%), BlackRock Inc. (3.44%), New South Capital Management Inc. (2.38%), Clearbridge Investments LLC (2.11%), PointState Capital LP (1.68%) and State Street Corp (1.41%). Insiders that own company stock include David Joseph Fallon, Doherty Philip O', Edward L Monser, Joseph J Deangelo, Patrick R Johnson, Robert Joseph Johnson, Scott Cripps, Stephen Liang and Vpe Holdings, Llc.
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Shares of VRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of VRT stock can currently be purchased for approximately $36.47.

Vertiv (NYSE:VRT) has a market capitalization of $13.88 billion and generates $5.69 billion in revenue each year. The company earns $76.60 million in net income (profit) each year or $0.47 on an earnings per share basis.

The company employs 27,000 workers across the globe.

Vertiv's mailing address is 1050 DEARBORN DRIVE, COLUMBUS OH, 43085. The official website for the company is www.vertiv.com. The company can be reached via phone at (614) 888-0246 or via email at ir@vertiv.com.