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Vertiv Holdings Co. (VRT) Stock Moves 1.04%: What You Should Know
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Vertiv Holdings Co. (VRT - Free Report) closed the most recent trading day at $253.46, moving +1.04% from the previous trading session. At the same time, the Dow lost 0.36%, and the tech-heavy Nasdaq gained 0.45%.
The company's shares have seen a decrease of 1.61% over the last month, not keeping up with the Computer and Technology sector's gain of 6.18% and the S&P 500's gain of 1.27%.
Market participants will be closely following the financial results of Vertiv Holdings Co. in its upcoming release. In that report, analysts expect Vertiv Holdings Co. to post earnings of $1.83 per share. This would mark year-over-year growth of 47.58%. Simultaneously, our latest consensus estimate expects the revenue to be $3.77 billion, showing a 40.79% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $6.69 per share and a revenue of $14.01 billion, representing changes of +59.29% and +36.91%, respectively, from the prior 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. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.88% increase. Vertiv Holdings Co. is currently a Zacks Rank #2 (Buy).
In terms of valuation, Vertiv Holdings Co. is currently trading at a Forward P/E ratio of 37.51. Its industry sports an average Forward P/E of 13.48, so one might conclude that Vertiv Holdings Co. is trading at a premium comparatively.
It is also worth noting that VRT currently has a PEG ratio of 1.03. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. VRT's industry had an average PEG ratio of 1.38 as of yesterday's close.
The Computers - IT Services industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 102, this industry ranks in the top 42% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
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Vertiv Holdings Co. (VRT) Stock Moves 1.04%: What You Should Know
Vertiv Holdings Co. (VRT - Free Report) closed the most recent trading day at $253.46, moving +1.04% from the previous trading session. At the same time, the Dow lost 0.36%, and the tech-heavy Nasdaq gained 0.45%.
The company's shares have seen a decrease of 1.61% over the last month, not keeping up with the Computer and Technology sector's gain of 6.18% and the S&P 500's gain of 1.27%.
Market participants will be closely following the financial results of Vertiv Holdings Co. in its upcoming release. In that report, analysts expect Vertiv Holdings Co. to post earnings of $1.83 per share. This would mark year-over-year growth of 47.58%. Simultaneously, our latest consensus estimate expects the revenue to be $3.77 billion, showing a 40.79% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $6.69 per share and a revenue of $14.01 billion, representing changes of +59.29% and +36.91%, respectively, from the prior 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. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.88% increase. Vertiv Holdings Co. is currently a Zacks Rank #2 (Buy).
In terms of valuation, Vertiv Holdings Co. is currently trading at a Forward P/E ratio of 37.51. Its industry sports an average Forward P/E of 13.48, so one might conclude that Vertiv Holdings Co. is trading at a premium comparatively.
It is also worth noting that VRT currently has a PEG ratio of 1.03. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. VRT's industry had an average PEG ratio of 1.38 as of yesterday's close.
The Computers - IT Services industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 102, this industry ranks in the top 42% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.