Are Vertiv Holdings Co (VRT) stocks a prudent buy?

Vertiv Holdings Co [VRT] stock is trading at $85.34, up 5.76%. An important factor to consider is whether the stock is rising or falling in short-term value. The VRT shares have gain 4.49% over the last week, with a monthly amount glided 18.54%, and seem to be holding up well over a long-time horizon.

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On 4, April 2024, Vertiv Unveils End-to-End AI Power and Cooling Solutions to Simplify Data Center Infrastructure Selection and Deployment in North America. In a post published today on Yahoo Finance, Vertiv™ 360AI pre-engineered infrastructure for high performance compute will be featured during North America tour of Vertiv AI Solutions Innovation Roadshow.

From an analyst’s perspective:

Vertiv Holdings Co [NYSE: VRT] stock has seen the most recent analyst activity on April 05, 2024, when Oppenheimer initiated its Outperform rating and assigned the stock a price target of $96. Previously, BofA Securities upgraded its rating to Buy on August 02, 2023, and kept the price target unchanged to $40. On June 09, 2023, upgrade upgraded it’s rating to Buy. Cowen upgraded its rating to a Outperform and increased its price target to $20 on October 27, 2022. JP Morgan upgraded its rating to a Overweight and reduced its price target to $18 on April 01, 2022. Cowen downgraded its rating to Market Perform for this stock on February 24, 2022, but kept the price target unchanged to $11.50. In a note dated February 23, 2022, Vertical Research downgraded an Hold rating on this stock but restated the target price of $15.

Vertiv Holdings Co [VRT] stock has fluctuated between $11.95 and $88.69 over the past year. Currently, Wall Street analysts expect the stock to reach $43.75 within the next 12 months. Vertiv Holdings Co [NYSE: VRT] shares were valued at $85.34 at the most recent close of the market. An investor can expect a potential drop of -48.73% based on the average VRT price forecast.

Analyzing the VRT fundamentals

Vertiv Holdings Co [NYSE:VRT] reported sales of 6.86B for the trailing twelve months, which represents a growth of 12.74%. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.27 and Total Capital is 0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.55.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 82.96 points at the first support level, and at 80.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 86.57, and for the 2nd resistance point, it is at 87.79.

Vertiv Holdings Co [VRT] reported earnings per share of $0.56 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.53/share, meaning a difference of $0.03 and a surprise factor of 5.70%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.52 per share as compared to estimates of $0.44 per share, a difference of $0.08 representing a surprise of 18.20%.

Ratios To Look Out For

For context, Vertiv Holdings Co’s Current Ratio is 1.74. On the other hand, the Quick Ratio is 1.35, and the Cash Ratio is 0.34. Considering the valuation of this stock, the price to sales ratio is 4.75, the price to book ratio is 16.17 and price to earnings (TTM) ratio is 72.54.

Transactions by insiders

Recent insider trading involved Cripps Scott, Chief Accounting Officer, that happened on Mar 08 ’24 when 56594.0 shares were sold. Chief Technology Officer & EVP, Liang Stephen completed a deal on Mar 01 ’24 to sell 0.31 million shares. Meanwhile, Director VPE Holdings, LLC sold 10.0 million shares on Sep 08 ’23.

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