Is Vertiv Holdings Co (NYSE: VRT) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Yahoo Finance discussed the stock recently as it posted Vertiv Announces Date of Fourth Quarter and Full Year 2023 Earnings Release and Conference Call.

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Stocks Info

This NYSE-listed company operates within the Electrical Equipment & Parts industry segment, falling under the Industrials sector. The current market capitalization of Vertiv Holdings Co is $23.49B. A total of 6.97 million shares were traded on the day, compared to an average of 5.89M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. 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 income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. 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 94.55. 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.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, VRT has a high of $62.26 and a low of $11.95.

As of this writing, VRT has an earnings estimate of $Vanguard Information Tech ETF per share for the current quarter. EPS was calculated based on a consensus of Vertex Pharmaceuticals Incorpor estimates, with a high estimate of $Vaxart, Inc. – Common Stock per share and a lower estimate of $Vertiv Holdings, LLC.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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

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. 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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