Vertiv Holdings Co. [NYSE: VRT] closed the trading session at $17.13 on 09/29/20. The day’s price range saw the stock hit a low of $16.84, while the highest price level was $17.21.
The stocks have a year to date performance of 55.30 percent and weekly performance of 0.94 percent. The stock has been moved at 98.03 percent over the last six months. The stock has performed 3.82 percent around the most recent 30 days and changed 26.33 percent over the most recent 3-months.
If compared to the average trading volume of 2.67M shares, VRT reached to a volume of 2273751 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Vertiv Holdings Co. [VRT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VRT shares is $20.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VRT stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wolfe Research have made an estimate for Vertiv Holdings Co. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on September 15, 2020. While these analysts kept the previous recommendation, Evercore ISI raised their target price to Outperform. The new note on the price target was released on September 08, 2020, representing the official price target for Vertiv Holdings Co. stock. Previously, the target price had yet another raise to $20, while BofA Securities analysts kept a Buy rating on VRT stock.
The Average True Range (ATR) for Vertiv Holdings Co. is set at 0.56, with the Price to Sales ratio for VRT stock in the period of the last 12 months amounting to 2.92. The Price to Book ratio for the last quarter was 16.01.
VRT stock trade performance evaluation
Vertiv Holdings Co. [VRT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.94. With this latest performance, VRT shares gained by 3.82% in over the last four-week period, additionally plugging by 98.03% over the last 6 months – not to mention a rise of 67.61% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VRT stock in for the last two-week period is set at 57.53, with the RSI for the last a single of trading hit 56.25, and the three-weeks RSI is set at 57.31 for Vertiv Holdings Co. [VRT]. The present Moving Average for the last 50 days of trading for this stock 16.08, while it was recorded at 16.86 for the last single week of trading, and 12.67 for the last 200 days.
Vertiv Holdings Co. [VRT]: An insightful look at the core fundamentals
Vertiv Holdings Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.50.
Earnings per share (EPS) analysis for Vertiv Holdings Co. [VRT] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VRT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Vertiv Holdings Co. go to 36.40%.
Vertiv Holdings Co. [VRT]: Insider Ownership positions
There are presently around $4,981 million, or 88.90% of VRT stock, in the hands of institutional investors. The top three institutional holders of VRT stocks are: PLATINUM EQUITY ADVISORS, LLC/DE with ownership of 118,261,955, which is approximately 0% of the company’s market cap and around 0.60% of the total institutional ownership; FMR LLC, holding 17,497,773 shares of the stock with an approximate value of $299.74 million in VRT stocks shares; and BLACKROCK INC., currently with $279.01 million in VRT stock with ownership of nearly 324549.791% of the company’s market capitalization.
109 institutional holders increased their position in Vertiv Holdings Co. [NYSE:VRT] by around 63,669,252 shares. Additionally, 54 investors decreased positions by around 35,175,662 shares, while 13 investors held positions by with 191,913,012 shares. The mentioned changes placed institutional holdings at 290,757,926 shares, according to the latest SEC report filing. VRT stock had 76 new institutional investments in for a total of 29,856,982 shares, while 23 institutional investors sold positions of 7,540,314 shares during the same period.