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Vertiv Holdings Co. (VRT) Outpaces Stock Market Gains: What You Should Know
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In the latest trading session, Vertiv Holdings Co. (VRT - Free Report) closed at $262.30, marking a +1.38% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.08%. Meanwhile, the Dow lost 0.18%, and the Nasdaq, a tech-heavy index, added 0.1%.
Shares of the company witnessed a loss of 2.13% over the previous month, beating the performance of the Computer and Technology sector with its loss of 2.82%, and underperforming the S&P 500's loss of 1.74%.
Investors will be eagerly watching for the performance of Vertiv Holdings Co. in its upcoming earnings disclosure. The company is predicted to post an EPS of $1.01, indicating a 57.81% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $2.65 billion, reflecting a 30.17% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $6.16 per share and a revenue of $13.68 billion, demonstrating changes of +46.67% and +33.76%, respectively, from the preceding year.
Investors should also note any recent changes to analyst estimates for Vertiv Holdings Co. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate has moved 0.12% higher within the past month. Vertiv Holdings Co. is currently a Zacks Rank #2 (Buy).
Investors should also note Vertiv Holdings Co.'s current valuation metrics, including its Forward P/E ratio of 42.02. This indicates a premium in contrast to its industry's Forward P/E of 13.03.
Investors should also note that VRT has a PEG ratio of 1.3 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. VRT's industry had an average PEG ratio of 1.12 as of yesterday's close.
The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 89, putting it in the top 37% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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Vertiv Holdings Co. (VRT) Outpaces Stock Market Gains: What You Should Know
In the latest trading session, Vertiv Holdings Co. (VRT - Free Report) closed at $262.30, marking a +1.38% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.08%. Meanwhile, the Dow lost 0.18%, and the Nasdaq, a tech-heavy index, added 0.1%.
Shares of the company witnessed a loss of 2.13% over the previous month, beating the performance of the Computer and Technology sector with its loss of 2.82%, and underperforming the S&P 500's loss of 1.74%.
Investors will be eagerly watching for the performance of Vertiv Holdings Co. in its upcoming earnings disclosure. The company is predicted to post an EPS of $1.01, indicating a 57.81% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $2.65 billion, reflecting a 30.17% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $6.16 per share and a revenue of $13.68 billion, demonstrating changes of +46.67% and +33.76%, respectively, from the preceding year.
Investors should also note any recent changes to analyst estimates for Vertiv Holdings Co. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate has moved 0.12% higher within the past month. Vertiv Holdings Co. is currently a Zacks Rank #2 (Buy).
Investors should also note Vertiv Holdings Co.'s current valuation metrics, including its Forward P/E ratio of 42.02. This indicates a premium in contrast to its industry's Forward P/E of 13.03.
Investors should also note that VRT has a PEG ratio of 1.3 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. VRT's industry had an average PEG ratio of 1.12 as of yesterday's close.
The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 89, putting it in the top 37% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.