Investing In Vertiv Holdings Co (NYSE: VRT): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed Vertiv Announces Date of Fourth Quarter and Full Year 2023 Earnings Release and Conference Call.

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Stocks Info

The company is listed on the NYSE and operates within the Electrical Equipment & Parts industry segment. At the end of the last regular session, the stock closed at $56.33 and fluctuated between $57.60 as its day high and $55.23 as its day low. The current market capitalization of Vertiv Holdings Co is $21.49B. A total of 6.64 million shares were traded on the day, compared to an average of 5.72M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, VRT has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 2 BUYs and 24 SELLs from insiders. Insiders purchased 71,009 shares during that period but sold 36,384,594.

In the most recent transaction, VPE Holdings, LLC sold 10,000,000 shares of VRT for 37.50 per share on Sep 08. After the transaction, the Director now owns 7,955,215 company shares. In a previous transaction on Sep 07, Cripps Scott sold 36,008 shares at 38.47 per share. VRT shares that Chief Accounting Officer owns now total 0.

Among the insiders who sold shares, VPE Holdings, LLC disposed of 20,000,000 shares on Aug 09 at a per-share price of $34.91. This resulted in the Director holding 17,955,215 shares of VRT after the transaction. In another insider transaction, O’ Doherty Philip sold 1,916,824 shares at $33.17 per share on Aug 02. Company shares held by the Managing Director, E+I now total 12,324,181.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Vertiv Holdings Co pays an annual dividend of $0.02, resulting in a dividend yield of 0.03%, and it has a price to earnings (P/E) ratio of 86.49. VRT’s most recent ex-dividend date was 12/8/2023 when it declared a $0.0250 quarterly dividend that was paid in cash on 12/27/2023. Previously, the company paid the dividend on 12/15/2022 with an ex-dividend date of 11/29/2022. The VRT stock dividend was $0.01 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, VRT has a high of $57.59 and a low of $11.95.

As of this writing, VRT has an earnings estimate of $0.53 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of $0.55 per share and a lower estimate of $0.5. The company reported an EPS of $0.46 in the last quarter, which was 58.60% higher than expectations of $0.29.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. VRT’s latest balance sheet shows that the firm has $439.10M in Cash & Short Term Investments as of fiscal 2021. There were $3.13B in debt and $1.85B in liabilities at the time. Its Book Value Per Share was $4.49, while its Total Shareholder’s Equity was $1.42B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for VRT is Buy with a score of 4.80.

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