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NYSE:VRT

Vertiv (VRT) Stock Forecast, Price & News

$37.20

+0.20 (+0.54%)

(As of 09/29/2023 ET)

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Today's Range: $37.12
▼
$38.71
50-Day Range: $25.32
▼
$39.87
52-Week Range: $9.60
▼
$40.41

Volume: 4.53 million shs
Average Volume: 4.74 million shs
Market Capitalization: $14.16 billion

P/E Ratio: 79.15
Dividend Yield: 0.03%
Price Target: $33.00

Vertiv MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.92 Rating Score
Upside/Downside: 11.3% Downside
$33.00 Price Target
Short Interest: Healthy
2.21% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.56
Based on 3 Articles This Week
Insider Trading: Selling Shares
$1.14 B Sold Last Quarter
Proj. Earnings Growth: 22.50%
From $1.60 to $1.96 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.88 out of 5 stars

Computer And Technology Sector

59th out of 605 stocks

Electronic Components, Not Elsewhere Classified Industry

1st out of 7 stocks

2.5

Analyst's Opinion

Consensus Rating
Vertiv has received a consensus rating of Moderate Buy. The company's average rating score is 2.92, and is based on 11 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $33.00, Vertiv has a forecasted downside of 11.3% from its current price of $37.20.
Amount of Analyst Coverage
Vertiv has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
2.21% of the float of Vertiv has been sold short.
Short Interest Ratio / Days to Cover
Vertiv has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Vertiv has recently decreased by 12.84%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Vertiv has a dividend yield of 0.03%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Vertiv does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Vertiv is 2.13%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Vertiv will have a dividend payout ratio of 0.51% next year. This indicates that Vertiv will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for VRT.

3.1

News and Social Media Coverage

News Sentiment
Vertiv has a news sentiment score of 1.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Vertiv this week, compared to 3 articles on an average week.
Search Interest
Only 19 people have searched for VRT on MarketBeat in the last 30 days. This is a decrease of -42% compared to the previous 30 days.
MarketBeat Follows
16 people have added Vertiv to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Vertiv insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,141,870,842.00 in company stock.
Percentage Held by Insiders
Only 5.62% of the stock of Vertiv is held by insiders.
Percentage Held by Institutions
92.37% of the stock of Vertiv is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Vertiv are expected to grow by 22.50% in the coming year, from $1.60 to $1.96 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Vertiv is 79.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.87.
Price to Earnings Ratio vs. Sector
The P/E ratio of Vertiv is 79.15, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 242.33.
Price to Book Value per Share Ratio
Vertiv has a P/B Ratio of 9.74. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Vertiv (NYSE:VRT) Stock

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 social media, financial services, healthcare, transportation, retail, education, and government 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 Price History

30 days | 90 days | 365 days | Advanced Chart

VRT Stock News Headlines

September 24, 2023 | americanbankingnews.com

Vertiv Holdings Co (NYSE:VRT) Receives Average Rating of "Moderate Buy" from Analysts

September 21, 2023 | finance.yahoo.com

Is Most-Watched Stock Vertiv Holdings Co. (VRT) Worth Betting on Now?

September 30, 2023 | Tradewins (Ad)

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September 14, 2023 | markets.businessinsider.com

Deutsche Bank Keeps Their Buy Rating on Vertiv Holdings (VRT)

September 14, 2023 | finance.yahoo.com

Vertiv Holdings Co (VRT) Outperformed in Q2 on AI Adjacency

September 13, 2023 | benzinga.com

Vertiv Hldgs Insider Trades Send a Signal

September 7, 2023 | markets.businessinsider.com

What 10 Analyst Ratings Have To Say About Vertiv Hldgs

September 7, 2023 | finance.yahoo.com

Vertiv Holdings Co (VRT): A Comprehensive Examination of Its Overvalued Status

September 30, 2023 | Tradewins (Ad)

Successful Options Trading Begins With…

September 7, 2023 | finance.yahoo.com

Vertiv Holdings Co (VRT): A Deep Dive into Its Performance Potential

September 4, 2023 | finance.yahoo.com

Is Vertiv Holdings Co. (VRT) a Buy as Wall Street Analysts Look Optimistic?

September 3, 2023 | finance.yahoo.com

Estimating The Fair Value Of Vertiv Holdings Co (NYSE:VRT)

August 31, 2023 | finance.yahoo.com

Vertiv Holdings Co (VRT) Shares Rose on Strong Earnings

August 28, 2023 | finance.yahoo.com

Be Careful Chasing This Booming AI Stock

August 26, 2023 | msn.com

Vertiv climbs to top industrial gainer of week, Ameresco sees loser tag

August 23, 2023 | benzinga.com

Check Out What Whales Are Doing With VRT

August 8, 2023 | finance.yahoo.com

Zacks.com featured highlights Oshkosh, PACCAR, Terex, KB Home and Vertiv

August 8, 2023 | finance.yahoo.com

Vertiv Announces Pricing of Secondary Offering by VPE Holdings, LLC, an affiliate of Platinum Equity, LLC

August 7, 2023 | seekingalpha.com

Vertiv Holdings Q2: The Big Picture Looks Promising

August 7, 2023 | finance.yahoo.com

Vertiv Announces Commencement of Secondary Offering of 20,000,000 Shares of Common Stock by VPE Holdings, LLC, an affiliate of Platinum Equity, LLC

August 3, 2023 | finance.yahoo.com

Vertiv Holdings Co (NYSE:VRT) Q2 2023 Earnings Call Transcript

August 3, 2023 | msn.com

Mizuho Maintains Vertiv Holdings Co - (VRT) Neutral Recommendation

August 3, 2023 | finance.yahoo.com

Why Shares in Vertiv Surged 30% This Week

August 3, 2023 | seekingalpha.com

Vertiv Holdings Co 2023 Q2 - Results - Earnings Call Presentation

August 2, 2023 | finance.yahoo.com

Rebel's Edge - August 2: $ROVR, $GNRC, $VRT, and Sean Payton's Big Mouth

August 2, 2023 | seekingalpha.com

Vertiv: An AI Beneficiary, Margins & Free Cash Flow Soar In Q2

August 1, 2023 | msn.com

Unusual Call Option Trade in Vertiv Holdings Co - (VRT) Worth $635.85K

See More Headlines

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VRT Company Calendar

Last Earnings: 8/02/2023
Today: 9/30/2023
Next Earnings (Estimated): 10/25/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Electronic components, not elsewhere classified
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:VRT
CUSIP: N/A
CIK: 1674101
Web: www.vertiv.com
Phone: (614) 888-0246
Fax: N/A
Employees: 27,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $33.00
High Stock Price Forecast: $50.00
Low Stock Price Forecast: $18.00
Forecasted Upside/Downside: -11.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.92
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.47
Trailing P/E Ratio: 79.13
Forward P/E Ratio: 23.39
P/E Growth: N/A
Net Income: $76.60 million
Net Margins: 2.84%
Pretax Margin: 4.94%
Return on Equity: 31.02%
Return on Assets: 6.46%

Debt

Debt-to-Equity Ratio: 1.77
Current Ratio: 1.64
Quick Ratio: 1.20

Sales & Book Value

Annual Sales: $6.39 billion
Price / Sales: 2.21
Cash Flow: $1.39 per share
Price / Cash Flow: 26.70
Book Value: $3.82 per share
Price / Book: 9.74

Miscellaneous

Outstanding Shares: 380,528,000
Free Float: 359,142,000
Market Cap: $14.15 billion
Optionable: Not Optionable
Beta: 1.41

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Key Executives

Mr. David M. Cote (Age 70)
Exec. Chairman
Comp: $214.98k

Mr. Giordano Albertazzi (Age 56)
CEO & Director
Comp: $1.18M

Mr. David J. Fallon (Age 54)
Chief Financial Officer
Comp: $1.2M

Mr. Stephen Liang (Age 64)
CTO & EVP of Infrastructure and Solutions
Comp: $1.3M

Mr. Philip O'Doherty (Age 62)
Managing Director of E & I Engineering
Comp: $577.12k

Mr. Scott A. Cripps
Chief Accounting Officer & Corp. Controller

Ms. Sheryl Haislet (Age 57)
Chief Information Officer

Ms. Stephanie L. Gill Esq. (Age 52)
Chief Legal Counsel & Corp. Sec.

Mr. Rainer Stiller
Chief Marketing Officer

Ms. Cheryl Lim (Age 53)
Chief HR Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

VRT Stock - Frequently Asked Questions

Should I buy or sell Vertiv stock right now?: 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Vertiv in the last year. There are currently 1 hold rating and 11 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.
What is Vertiv's stock price forecast for 2023?: 12 Wall Street analysts have issued 12 month target prices for Vertiv's shares. Their VRT share price forecasts range from $18.00 to $50.00. On average, they anticipate the company's share price to reach $33.00 in the next year. This suggests that the stock has a possible downside of 11.3%.
View analysts price targets for VRT or view top-rated stocks among Wall Street analysts.
How have VRT shares performed in 2023?: Vertiv's stock was trading at $13.66 on January 1st, 2023. Since then, VRT stock has increased by 172.3% and is now trading at $37.19.
View the best growth stocks for 2023 here.
When is Vertiv's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our VRT earnings forecast.
How were Vertiv's earnings last quarter?: Vertiv Holdings Co (NYSE:VRT) announced its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.46 EPS for the quarter, topping analysts' consensus estimates of $0.29 by $0.17. The firm had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.62 billion. Vertiv had a trailing twelve-month return on equity of 31.02% and a net margin of 2.84%. The business's revenue for the quarter was up 23.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.10 EPS.
How often does Vertiv pay dividends? What is the dividend yield for Vertiv?: Vertiv announced an annual dividend on Friday, November 18th. Stockholders of record on Wednesday, November 30th will be paid a dividend of $0.01 per share on Thursday, December 15th. This represents a dividend yield of 0.1%. The ex-dividend date is Tuesday, November 29th.
Read our dividend analysis for VRT.
What ETFs hold Vertiv's stock?: 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).
Is Vertiv a good dividend stock?: 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.

What guidance has Vertiv issued on next quarter's earnings?: Vertiv updated 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.
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).
What is Vertiv's stock symbol?: Vertiv trades on the New York Stock Exchange (NYSE) under the ticker symbol "VRT."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Vertiv's stock price today?: One share of VRT stock can currently be purchased for approximately $37.19.
How much money does Vertiv make?: Vertiv (NYSE:VRT) has a market capitalization of $14.15 billion and generates $6.39 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.
How many employees does Vertiv have?: The company employs 27,000 workers across the globe.
How can I contact Vertiv?: 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.

This page (NYSE:VRT) was last updated on 9/30/2023 by MarketBeat.com Staff

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