Vertiv (VRT) Stock Price, News & Analysis

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Vertiv in the last twelve months. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" VRT shares.
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10 brokerages have issued 12 month price objectives for Vertiv's shares. Their VRT share price targets range from $41.00 to $102.00. On average, they expect the company's share price to reach $74.56 in the next year. This suggests that the stock has a possible downside of 0.6%.
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Vertiv's stock was trading at $48.03 at the start of the year. Since then, VRT stock has increased by 56.1% and is now trading at $74.99.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our VRT earnings forecast.

Vertiv will be holding an earnings conference call on Wednesday, April 24th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Vertiv Holdings Co (NYSE:VRT) announced its earnings results on Wednesday, February, 21st. The company reported $0.56 EPS for the quarter, topping analysts' consensus estimates of $0.53 by $0.03. The company had revenue of $1.87 billion for the quarter, compared to analysts' expectations of $1.88 billion. Vertiv had a trailing twelve-month return on equity of 39.46% and a net margin of 6.71%. The business's revenue for the quarter was up 12.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.28 earnings per share.

Vertiv announced a quarterly dividend on Thursday, March 7th. Stockholders of record on Tuesday, March 19th will be paid a dividend of $0.025 per share on Thursday, March 28th. This represents a $0.10 dividend on an annualized basis and a yield of 0.13%. The ex-dividend date is Monday, March 18th.
Read our dividend analysis for VRT.

Vertiv (NYSE:VRT) pays an annual dividend of $0.10 per share and currently has a dividend yield of 0.12%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VRT will have a dividend payout ratio of 3.26% 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 TCW Transform Systems ETF (NETZ), Adaptiv Select ETF (ADPV), American Century Mid Cap Growth Impact (MID), Noble Absolute Return ETF (NOPE), Pinnacle Focused Opportunities ETF (FCUS), Innovator Deepwater Frontier Tech ETF (LOUP), Invesco Dorsey Wright Industrials Momentum ETF (PRN) and First Trust Technology AlphaDEX Fund (FXL).

Vertiv issued an update on its FY24 earnings guidance on Wednesday, February, 21st. The company provided EPS guidance of $2.20-2.26 for the period, compared to the consensus EPS estimate of $2.24. The company issued revenue guidance of $7.515-7.655 billion, compared to the consensus revenue estimate of $7.54 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 variety of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.51%), Mountain Pacific Investment Advisers Inc. ID (0.29%), Sumitomo Mitsui Trust Holdings Inc. (0.21%), Rheos Capital Works Inc. (0.14%), Perpetual Ltd (0.09%) and Los Angeles Capital Management LLC (0.06%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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