Vertiv Holdings Co [VRT] stock Initiated by Oppenheimer analyst, price target now $96

Vertiv Holdings Co [NYSE: VRT] slipped around -4.54 points on Friday, while shares priced at $69.46 at the close of the session, down -6.14%.

Compared to the average trading volume of 9.27M shares, VRT reached a trading volume of 16522533 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus 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 $102.80 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 1.21. 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.

Oppenheimer have made an estimate for Vertiv Holdings Co shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 05, 2024. The new note on the price target was released on August 02, 2023, representing the official price target for Vertiv Holdings Co stock. On October 27, 2022, analysts increased their price target for VRT shares from 11.75 to 20.

The Average True Range (ATR) for Vertiv Holdings Co is set at 5.93, with the Price to Sales ratio for VRT stock in the period of the last 12 months amounting to 3.62. The Price to Book ratio for the last quarter was 16.95, with the Price to Cash per share for the same quarter was set at 1.57. Price to Free Cash Flow for VRT in the course of the last twelve months was 26.68 with Quick ratio for the last quarter at 1.00.

How has VRT stock performed recently?

Vertiv Holdings Co [VRT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.93. With this latest performance, VRT shares dropped by -25.65% in over the last four-week period, additionally plugging by 16.82% over the last 6 months – not to mention a rise of 102.57% 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 34.24, with the RSI for the last a single of trading hit 31.31, and the three-weeks RSI is set at 36.99 for Vertiv Holdings Co [VRT]. The present Moving Average for the last 50 days of trading for this stock 89.50, while it was recorded at 74.64 for the last single week of trading, and 69.24 for the last 200 days.

Vertiv Holdings Co [VRT]: Deeper insight into the fundamentals

Vertiv Holdings Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.36.

Earnings analysis for Vertiv Holdings Co [VRT]

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 29.60%.

Insider trade positions for Vertiv Holdings Co [VRT]

The top three institutional holders of VRT stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in VRT stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in VRT stock with ownership which is approximately 5.1238%.