Technical Outlook And Game Plan For Vertiv Holdings Co (NYSE: VRT)

Vertiv Holdings Co (VRT) concluded trading on Thursday at a closing price of $118.30, with 4.74 million shares of worth about $560.96 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 26.63% during that period and on Thursday the price saw a gain of about 4.13%. Currently the company’s common shares owned by public are about 375.25M shares, out of which, 368.20M shares are available for trading.

Stock saw a price change of -0.37% in past 5 days and over the past one month there was a price change of -6.89%. Year-to-date (YTD), VRT shares are showing a performance of 4.13% which increased to 159.20% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $44.31 but also hit the highest price of $145.67 during that period. The average intraday trading volume for Vertiv Holdings Co shares is 6.41 million. The stock is currently trading -2.98% below its 20-day simple moving average (SMA20), while that difference is down -3.01% for SMA50 and it goes to 21.93% higher than SMA200.

Vertiv Holdings Co (NYSE: VRT) currently have 375.25M outstanding shares and institutions hold larger chunk of about 86.60% of that.

The stock has a current market capitalization of $44.40B and its 3Y-monthly beta is at 1.63. PE ratio of stock for trailing 12 months is 78.72, while it has posted earnings per share of $1.50 in the same period. Its PEG reads 2.22 and has Quick Ratio of 1.02 while making debt-to-equity ratio of 1.72. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for VRT, volatility over the week remained 3.73% while standing at 4.55% over the month.

Stock’s fiscal year EPS is expected to rise by 51.01% while it is estimated to increase by 33.65% in next year. EPS is likely to shrink at an annualized rate of 35.47% for next 5-years, compared to annual growth of 82.85% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Barclays on December 12, 2024 offering an Equal weight rating for the stock and assigned a target price of $142 to it. Coverage by UBS stated Vertiv Holdings Co (VRT) stock as a Buy in their note to investors on November 13, 2024, suggesting a price target of $155 for the stock. On October 07, 2024, Jefferies Initiated their recommendations, while on August 07, 2024, Mizuho Upgrade their ratings for the stock with a price target of $92. Stock get an Outperform rating from Oppenheimer on April 05, 2024.

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