Vertiv Stock Price, News & Analysis (NYSE:VRT)

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Vertiv in the last year. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" VRT shares.
View VRT analyst ratings or view top-rated stocks.

9 Wall Street research analysts have issued twelve-month target prices for Vertiv's shares. Their VRT share price targets range from $22.00 to $52.00. On average, they expect the company's share price to reach $43.33 in the next twelve months. This suggests that the stock has a possible downside of 8.1%.
View analysts price targets for VRT or view top-rated stocks among Wall Street analysts.

Vertiv's stock was trading at $13.66 at the beginning of 2023. Since then, VRT stock has increased by 245.1% and is now trading at $47.14.
View the best growth stocks for 2023 here.

Vertiv saw a increase in short interest in October. As of October 31st, there was short interest totaling 9,320,000 shares, an increase of 22.6% from the October 15th total of 7,600,000 shares. Based on an average daily trading volume, of 6,220,000 shares, the days-to-cover ratio is presently 1.5 days. Approximately 2.7% of the shares of the company are short sold.
View Vertiv's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our VRT earnings forecast.

Vertiv Holdings Co (NYSE:VRT) posted its quarterly earnings results on Wednesday, October, 25th. The company reported $0.52 EPS for the quarter, topping analysts' consensus estimates of $0.44 by $0.08. The business earned $1.74 billion during the quarter, compared to analysts' expectations of $1.75 billion. Vertiv had a trailing twelve-month return on equity of 36.13% and a net margin of 3.82%. The business's revenue for the quarter was up 17.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.23 earnings per share.

Vertiv announced an annual dividend on Wednesday, November 29th. Shareholders of record on Monday, December 11th will be given a dividend of $0.025 per share on Wednesday, December 27th. This represents a dividend yield of 0.1%. The ex-dividend date is Friday, December 8th. This is an increase from the stock's previous annual dividend of $0.01.
Read our dividend analysis for VRT.

Vertiv (NYSE:VRT) pays an annual dividend of $0.01 per share and currently has a dividend yield of 0.02%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 1.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VRT will have a dividend payout ratio of 0.45% next year. This indicates that the company will be able to sustain or increase its dividend.
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), TCW Transform Systems ETF (NETZ), First Trust Technology AlphaDEX Fund (FXL) and Profound Medical (PRN).

Vertiv issued an update on its FY23 earnings guidance on Wednesday, November, 29th. The company provided earnings per share guidance of $1.72-1.76 for the period, compared to the consensus earnings per share estimate of $1.72. The company issued revenue guidance of $6.88-6.90 billion, compared to the consensus revenue estimate of $6.84 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's stock is owned by a number of institutional and retail investors. Top institutional shareholders include FMR LLC (12.38%), Invesco Ltd. (2.84%), Bamco Inc. NY (1.86%), New South Capital Management Inc. (1.64%), PointState Capital LP (1.35%) and Clearbridge Investments LLC (1.32%). 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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