Wall Street Analyst Upgrade Vertiv Holdings Co [VRT]. What else is Wall St. saying


Vertiv Holding Company S.A.E [NYSE: VRT] The loss was -6.13% or -0.72 points to close at $11.03 with a heavy trading volume of 5,344,660 shares. Company report on August 24, 2022 Vertiv will be participating in the second annual Evercore ISI technology conference.

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Vertiv Holdings Co (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced its participation in the second annual Evercore ISI Technology Conference.

David Fallon, chief financial officer, and Gary Niederbroem, chief of strategy and development, will participate in a talk at the conference in New York City on Thursday, September 8, 2022 at 12:45 p.m. ET.

The trading session opened at $11.68, shares rose to $11.76 and fell to $10.98, which is the range in which the share price has traded all day. VRT’s daily chart indicates that the company posted a loss of 15.87% over the past six months. However, it is still 42.14% lower than its recent low trade price.

If we look at the average trading volume of 3.56 million shares, the VRT reached a volume of 5,344,660 on the last trading day, which is why market watchers consider the stock to be active.

Here’s What Top Stock Market Experts Say About Vertiv Holdings Co [VRT]:

Based on careful and fact-backed analysis by Wall Street experts, the current consensus on a target price for VRT shares is $14.09 per share. Target price analysis and stock performance are usually carefully studied by market experts, and the current Wall Street consensus on VRT stock is a set recommendation at 2.50. This rating represents a strong buy recommendation, on a scale of 1 to 5, where 5 means strong sell, 4 represents sell, 3 represents hold, and 2 indicates buy.

JP Morgan made an estimate for Vertiv Holdings Co stock, keeping their opinion of the stock as overweight, with their previous recommendation back on April 1, 2022. The new note on price target was issued on February 24, 2022, representing an official Vertiv Holdings Co stock price target. . Previously, the target price had another boost to $15, while Vertical Research analysts held a hold rating on VRT stock. On February 23, 2022, analysts lowered their target price for VRT shares from 17 to 15.

The Average True Range (ATR) of Vertiv Holdings Co is set at 0.62, with a price-to-sales ratio for VRT stock in the past twelve months at 0.85. The price-to-book ratio for the most recent quarter was 3.07, with the price-to-cash ratio per share in the same quarter set at 0.49.

VRT stock trading performance analysis

Vertiv Holding Company S.A.E [VRT] It fell into the red at the end of last week, fell in a negative direction and fell by -15.28. With this latest performance, VRT shares are down -8.46% over the past four-week period, and have also fallen -15.87% over the past six months – not to mention a -54.04% drop in the last year of trading.

Overbought and oversold stocks can be easily tracked by the Relative Strength Index (RSI), where an RSI result of over 70 is overbought, and any price below 30 indicates oversold conditions. The RSI of 50 represents neutral momentum in the market. The current RSI for VRT stock for the past two weeks was set at 39.13, with the RSI for the last one trading at 32.29, and the three-week RSI set at 43.42 for Vertiv Holdings Co. [VRT]. The current moving average of the last 50 trading days for this stock is 11.81, while it recorded at 11.96 for the last trading week, and 14.57 for the last 200 days.

Vertiv Holding Company S.A.E [VRT]A deeper look at fundamental analysis

Operating margin for any stock indicates how profitable the investment is, Vertiv Holdings Co . indicates [VRT] The stock currently has an operating margin of +5.39 and a gross margin of +27.58. Vertiv Holdings Co’s net margin is currently at +2.39.

The return on equity for this stock rose to 12.40, with the return on assets remaining at 1.99.

Vertiv Holdings Co’s liquidity data is also interesting, with the quick ratio at 1.10 and the trading ratio at 1.50.

Insider Ownership Analysis at Vertiv Holdings Co [VRT]

There are currently approximately $3,732 million, or 92.00% of VRT’s equity, in the hands of institutional investors. The three largest institutional owners of VRT shares are: PLATINUM EQUITY ADVISORS, LLC/DE with 37.955.215 ownership, which is approximately 0% of the company’s market capitalization and approximately 0.50% of the total institutional ownership; BARROW HANLEY MEWHINNEY & STRAUSS LLC, which owns 32,876,094 shares with an approximate value of $362.62 million in VRT stock; and VANGUARD GROUP INC, currently worth $294.01 million in VRT stock with ownership of approximately 0.202% of the company’s market capitalization.

Positions in Vertiv Holdings Co shares held by institutional investors increased at the end of August and at the time of the August report, with 147 institutional investors consolidating their positions in Vertiv Holdings Co. [NYSE:VRT] About 52768,317 shares. In addition, 156 investors decreased their positions by 46,530,853 shares, while 45 investors held positions by 239,013,836 shares. The said changes put institutional holdings at 3,833,306 shares, according to the latest report from the Securities and Exchange Commission. VRT stock had 53 new institutional investments totaling 9,694,216 shares, while 52 institutional investors sold positions worth 23,258,776 shares during the same period.

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