Vertiv Holdings Co (NYSE:VRT) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Vertiv Holdings Co (NYSE:VRT) have been assigned an average rating of “Moderate Buy” from the fifteen brokerages that are covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $138.57.

Several equities research analysts recently weighed in on VRT shares. TD Cowen lifted their price objective on Vertiv from $115.00 to $141.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. The Goldman Sachs Group upped their price target on Vertiv from $126.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Evercore ISI reduced their price target on Vertiv from $150.00 to $145.00 and set an “outperform” rating for the company in a research report on Friday, January 17th. Citigroup increased their price target on Vertiv from $141.00 to $155.00 and gave the company a “buy” rating in a research note on Monday, December 9th. Finally, Melius downgraded Vertiv from a “buy” rating to a “hold” rating and set a $125.00 price target on the stock. in a report on Tuesday, January 28th.

Institutional Trading of Vertiv

Institutional investors have recently made changes to their positions in the business. SOA Wealth Advisors LLC. acquired a new stake in Vertiv during the 4th quarter worth about $26,000. OLD Second National Bank of Aurora acquired a new stake in Vertiv during the 4th quarter worth about $30,000. Tradewinds Capital Management LLC lifted its position in Vertiv by 61.3% during the 4th quarter. Tradewinds Capital Management LLC now owns 292 shares of the company’s stock worth $33,000 after acquiring an additional 111 shares during the period. Mark Sheptoff Financial Planning LLC lifted its position in Vertiv by 200.0% during the 3rd quarter. Mark Sheptoff Financial Planning LLC now owns 300 shares of the company’s stock worth $30,000 after acquiring an additional 200 shares during the period. Finally, FNY Investment Advisers LLC acquired a new stake in Vertiv during the 4th quarter worth about $34,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Stock Performance

NYSE:VRT opened at $95.09 on Friday. The company has a market capitalization of $35.69 billion, a PE ratio of 74.29, a P/E/G ratio of 1.07 and a beta of 1.64. The company has a 50 day simple moving average of $118.34 and a two-hundred day simple moving average of $110.51. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.02 and a current ratio of 1.65. Vertiv has a fifty-two week low of $62.40 and a fifty-two week high of $155.84.

Vertiv (NYSE:VRT) last issued its earnings results on Wednesday, February 12th. The company reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $0.15. Vertiv had a return on equity of 61.41% and a net margin of 6.19%. During the same period in the previous year, the company posted $0.56 EPS. Research analysts anticipate that Vertiv will post 3.59 earnings per share for the current year.

Vertiv Company Profile

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.