Vertiv Holdings Co (NYSE:VRT) Given Average Rating of “Moderate Buy” by Brokerages

Vertiv Holdings Co (NYSE:VRT) has received an average recommendation of “Moderate Buy” from the fifteen analysts that are presently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $136.07.

VRT has been the topic of several research reports. UBS Group initiated coverage on shares of Vertiv in a research report on Wednesday, November 13th. They set a “buy” rating and a $155.00 price target on the stock. Melius Research reissued a “hold” rating and set a $125.00 price target on shares of Vertiv in a research report on Tuesday, January 28th. Melius cut shares of Vertiv from a “buy” rating to a “hold” rating and set a $125.00 price target on the stock. in a research report on Tuesday, January 28th. Mizuho increased their price target on shares of Vertiv from $125.00 to $145.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 19th. Finally, Royal Bank of Canada initiated coverage on shares of Vertiv in a research report on Friday. They set an “outperform” rating and a $121.00 price target on the stock.

Vertiv Trading Up 3.8 %

NYSE VRT opened at $85.16 on Friday. The firm’s 50-day moving average is $115.09 and its two-hundred day moving average is $110.71. Vertiv has a 12 month low of $62.40 and a 12 month high of $155.84. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.65 and a quick ratio of 1.02. The stock has a market capitalization of $32.43 billion, a P/E ratio of 66.53, a PEG ratio of 1.07 and a beta of 1.71.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, February 12th. The company reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.15. Vertiv had a net margin of 6.19% and a return on equity of 61.41%. During the same period in the previous year, the company earned $0.56 EPS. On average, sell-side analysts anticipate that Vertiv will post 3.59 earnings per share for the current year.

Hedge Funds Weigh In On Vertiv

Several hedge funds have recently added to or reduced their stakes in VRT. SOA Wealth Advisors LLC. purchased a new position in Vertiv in the fourth quarter valued at approximately $26,000. Mark Sheptoff Financial Planning LLC increased its stake in Vertiv by 200.0% in the third quarter. Mark Sheptoff Financial Planning LLC now owns 300 shares of the company’s stock valued at $30,000 after purchasing an additional 200 shares during the last quarter. Brooklyn Investment Group purchased a new position in Vertiv in the third quarter valued at approximately $30,000. OLD Second National Bank of Aurora purchased a new position in Vertiv in the fourth quarter valued at approximately $30,000. Finally, Tradewinds Capital Management LLC increased its stake in Vertiv by 61.3% in the fourth quarter. Tradewinds Capital Management LLC now owns 292 shares of the company’s stock valued at $33,000 after purchasing an additional 111 shares during the last quarter. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

About Vertiv

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.