Stocks of Vertiv Holdings Co (NYSE:VRT) traded higher last session on Wall Street, down -0.22% to $131.74.
VRT stock price is now 16.87% away from the 50-day moving average and 45.68% away from the 200-day moving average. The market capitalization of the company currently stands at $49.45B.
With the price target of $155, UBS recently initiated with Buy rating for Vertiv Holdings Co (NYSE: VRT). On October 07, 2024, Jefferies recently initiated its ‘Buy’ rating on the stock quoting a target price of $125, while ‘Mizuho’ rates the stock as ‘Outperform’
In other news, Liang Stephen, Officer bought 86,619 shares of the company’s stock on Nov 26 ’24. The stock was bought for $12,139,653 at an average price of $140.15. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 25 ’24, Director DOKKUM JAN VAN sold 38,647 shares of the business’s stock. A total of $5,271,103 was realized by selling the stock at an average price of $136.39. This leaves the insider owning 25,000 shares of the company worth $3.29 million. A total of 2.44% of the company’s stock is owned by insiders.
During the past 12 months, Vertiv Holdings Co has had a low of $41.01 and a high of $145.67. As of last week, the company has a debt-to-equity ratio of 1.72, a current ratio of 1.38, and a quick ratio of 1.02. According to the stock market information, the enterprise value for the company is $51745812480, which is based on a 87.66 price-to-earnings ratio, a 2.47 price-to-earnings-growth ratio, and a beta of 1.62. The fifty day moving average price for VRT is $111.8314 and a two-hundred day moving average price translates $90.0784 for the stock.
The latest earnings results from Vertiv Holdings Co (NYSE: VRT) was released for 2024-09-30. The net profit margin was 7.72% and return on equity was 32.96% for VRT. The company reported revenue of $2.07 billion for the quarter, compared to $1.74 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 18.99 percent.
