Currently, there are 375.25M common shares owned by the public and among those 368.15M shares have been available to trade.
The company’s stock has a 5-day price change of 9.75% and 0.13% over the past three months. VRT shares are trading -0.89% year to date (YTD), with the 12-month market performance up to 99.89% higher. It has a 12-month low price of $55.00 and touched a high of $155.84 over the same period. VRT has an average intraday trading volume of 7.73 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -11.94%, -11.05%, and 10.83% respectively.
Institutional ownership of Vertiv Holdings Co (NYSE: VRT) shares accounts for 87.45% of the company’s 375.25M shares outstanding.
It has a market capitalization of $42.26B and a beta (3y monthly) value of 1.64. The stock’s trailing 12-month PE ratio is 74.93, while the earnings-per-share (ttm) stands at $1.50. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.79% over the week and 6.48% over the month.
Earnings per share for the fiscal year are expected to increase by 51.34%, and 33.09% over the next financial year.
Looking at the support for the VRT, a number of firms have released research notes about the stock. Melius stated their Hold rating for the stock in a research note on January 28, 2025, with the firm’s price target at $125. Morgan Stanley coverage for the Vertiv Holdings Co (VRT) stock in a research note released on January 06, 2025 offered a Overweight rating with a price target of $150. Barclays was of a view on December 12, 2024 that the stock is Equal Weight, while UBS gave the stock Buy rating on November 13, 2024, issuing a price target of $155. Jefferies on their part issued Buy rating on October 07, 2024.
