Vertiv Holdings Co [VRT] moved up 1.09: Why It’s Important

Vertiv Holdings Co [NYSE: VRT] gained 1.09% on the last trading session, reaching $19.41 price per share at the time. The company report on March 11, 2021 that Vertiv Announces Successful Completion of Term Loan Repricing.

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Vertiv Holdings Co (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, announced the completion of the repricing of Vertiv Group Corporation’s, a subsidiary of Vertiv Holdings Co, existing seven-year $2.2 billion Term Loan. The repricing reduces the interest on the Term Loan by 25 basis points to LIBOR + 275 basis points, resulting in interest savings of approximately $5.5 million per year.

About Vertiv Holdings Co.

Vertiv Holdings Co represents 330.50 million in outstanding shares, while the company has a total market value of $6.75 billion with the latest information. VRT stock price has been found in the range of $18.53 to $19.48.

If compared to the average trading volume of 4.32M shares, VRT reached a trading volume of 5115107 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying 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 $25.25 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.

Vertical Research have made an estimate for Vertiv Holdings Co shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 18, 2020. While these analysts kept the previous recommendation, Guggenheim raised their target price to Buy. The new note on the price target was released on November 12, 2020, representing the official price target for Vertiv Holdings Co stock. Previously, the target price had yet another raise to $23, while Wolfe Research analysts kept a Outperform rating on VRT stock.

The Average True Range (ATR) for Vertiv Holdings Co is set at 0.87, with the Price to Sales ratio for VRT stock in the period of the last 12 months amounting to 1.54. The Price to Book ratio for the last quarter was 9.61. Price to Free Cash Flow for VRT in the course of the last twelve months was 41.04 with Quick ratio for the last quarter at 1.20.

Trading performance analysis for VRT stock

Vertiv Holdings Co [VRT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.10. With this latest performance, VRT shares dropped by -6.68% in over the last four-week period, additionally plugging by 16.02% over the last 6 months – not to mention a rise of 117.60% 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 40.03, with the RSI for the last a single of trading hit 35.67, and the three-weeks RSI is set at 43.30 for Vertiv Holdings Co [VRT]. The present Moving Average for the last 50 days of trading for this stock 20.51, while it was recorded at 19.79 for the last single week of trading, and 17.69 for the last 200 days.

Vertiv Holdings Co [VRT]: A deeper dive into fundamental analysis

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.

Vertiv Holdings Co [VRT]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Vertiv Holdings Co posted -0.09/share EPS, while the average EPS was predicted by analysts to be reported at -0.04/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -125.00%. 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 18.40%.

An analysis of insider ownership at Vertiv Holdings Co [VRT]

There are presently around $6,062 million, or 89.90% 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 77,261,955, which is approximately -18.895% of the company’s market cap and around 0.70% of the total institutional ownership; BLACKROCK INC., holding 22,196,681 shares of the stock with an approximate value of $430.84 million in VRT stocks shares; and VANGUARD GROUP INC, currently with $385.63 million in VRT stock with ownership of nearly 11.269% of the company’s market capitalization.

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180 institutional holders increased their position in Vertiv Holdings Co [NYSE:VRT] by around 54,677,546 shares. Additionally, 72 investors decreased positions by around 36,634,862 shares, while 27 investors held positions by with 220,975,887 shares. The mentioned changes placed institutional holdings at 312,288,295 shares, according to the latest SEC report filing. VRT stock had 76 new institutional investments in for a total of 12,772,002 shares, while 24 institutional investors sold positions of 11,705,157 shares during the same period.

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