We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Vertiv Holdings Co. (VRT) Registers a Bigger Fall Than the Market: Important Facts to Note
Read MoreHide Full Article
Vertiv Holdings Co. (VRT - Free Report) ended the recent trading session at $171.54, demonstrating a -1.95% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.34%. On the other hand, the Dow registered a loss of 0.94%, and the technology-centric Nasdaq increased by 0.16%.
Prior to today's trading, shares of the company had lost 1.92% lagged the Computer and Technology sector's loss of 1% and the S&P 500's gain of 1.19%.
The investment community will be closely monitoring the performance of Vertiv Holdings Co. in its forthcoming earnings report. The company is expected to report EPS of $1.28, up 29.29% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $2.86 billion, indicating a 22.09% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $4.11 per share and a revenue of $10.22 billion, demonstrating changes of +44.21% and 0%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Vertiv Holdings Co. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.3% upward. Vertiv Holdings Co. is currently sporting a Zacks Rank of #2 (Buy).
With respect to valuation, Vertiv Holdings Co. is currently being traded at a Forward P/E ratio of 33.58. This denotes a premium relative to the industry average Forward P/E of 17.42.
It is also worth noting that VRT currently has a PEG ratio of 1.11. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Computers - IT Services stocks are, on average, holding a PEG ratio of 1.52 based on yesterday's closing prices.
The Computers - IT Services industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 109, this industry ranks in the top 45% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow VRT in the coming trading sessions, be sure to utilize Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Vertiv Holdings Co. (VRT) Registers a Bigger Fall Than the Market: Important Facts to Note
Vertiv Holdings Co. (VRT - Free Report) ended the recent trading session at $171.54, demonstrating a -1.95% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.34%. On the other hand, the Dow registered a loss of 0.94%, and the technology-centric Nasdaq increased by 0.16%.
Prior to today's trading, shares of the company had lost 1.92% lagged the Computer and Technology sector's loss of 1% and the S&P 500's gain of 1.19%.
The investment community will be closely monitoring the performance of Vertiv Holdings Co. in its forthcoming earnings report. The company is expected to report EPS of $1.28, up 29.29% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $2.86 billion, indicating a 22.09% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $4.11 per share and a revenue of $10.22 billion, demonstrating changes of +44.21% and 0%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Vertiv Holdings Co. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.3% upward. Vertiv Holdings Co. is currently sporting a Zacks Rank of #2 (Buy).
With respect to valuation, Vertiv Holdings Co. is currently being traded at a Forward P/E ratio of 33.58. This denotes a premium relative to the industry average Forward P/E of 17.42.
It is also worth noting that VRT currently has a PEG ratio of 1.11. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Computers - IT Services stocks are, on average, holding a PEG ratio of 1.52 based on yesterday's closing prices.
The Computers - IT Services industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 109, this industry ranks in the top 45% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow VRT in the coming trading sessions, be sure to utilize Zacks.com.