The stock of Vertiv Holdings Co (NYSE:VRT) last traded at $120.69, down -4.19% from the previous session.
VRT stock price is now -0.00% away from the 50-day moving average and 27.32% away from the 200-day moving average. The market capitalization of the company currently stands at $45.30B.
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With the price target of $142, Barclays recently initiated with Equal Weight rating for Vertiv Holdings Co (NYSE: VRT). On November 13, 2024, UBS recently initiated its ‘Buy’ rating on the stock quoting a target price of $155, while ‘Jefferies’ rates the stock as ‘Buy’
In other news, Karlborg Anders, EVP, Man., Logistics and Op Ex sold 39,339 shares of the company’s stock on Dec 02 ’24. The stock was sold for $5,073,944 at an average price of $128.98. Upon completion of the transaction, the EVP, Man., Logistics and Op Ex now directly owns 22,502 shares in the company, valued at $2.72 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 02 ’24, Officer Karlborg Anders bought 39,339 shares of the business’s stock. A total of $5,074,012 was incurred on buying the stock at an average price of $128.98. A total of 1.90% of the company’s stock is owned by insiders.
During the past 12 months, Vertiv Holdings Co has had a low of $44.31 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 $47489499136, which is based on a 80.31 price-to-earnings ratio, a 2.26 price-to-earnings-growth ratio, and a beta of 1.61. The fifty day moving average price for VRT is $120.4162 and a two-hundred day moving average price translates $94.54655 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.
