Vertiv Holdings Co (NYSE:VRT) Given Consensus Rating of "Moderate Buy" by Analysts

Vertiv Holdings Co (NYSE:VRT - Get Free Report) has been assigned an average rating of "Moderate Buy" from the seventeen ratings firms that are covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, twelve have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $121.94.

Several equities analysts recently commented on VRT shares. Roth Mkm assumed coverage on Vertiv in a research note on Tuesday, April 8th. They issued a "buy" rating and a $75.00 price objective on the stock. JPMorgan Chase & Co. lowered their price target on shares of Vertiv from $132.00 to $100.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Royal Bank of Canada started coverage on Vertiv in a research report on Friday, March 7th. They set an "outperform" rating and a $121.00 target price on the stock. Melius downgraded shares of Vertiv from a "buy" rating to a "hold" rating and set a $125.00 price target on the stock. in a report on Tuesday, January 28th. Finally, Roth Capital upgraded Vertiv to a "strong-buy" rating in a research report on Monday, April 7th.

Hedge Funds Weigh In On Vertiv

Several institutional investors and hedge funds have recently modified their holdings of VRT. SOA Wealth Advisors LLC. bought a new stake in Vertiv during the 4th quarter valued at about $26,000. OLD Second National Bank of Aurora purchased a new position in Vertiv in the 4th quarter worth approximately $30,000. North Star Investment Management Corp. boosted its stake in Vertiv by 4,120.0% during the 1st quarter. North Star Investment Management Corp. now owns 422 shares of the company's stock valued at $30,000 after purchasing an additional 412 shares during the last quarter. Tradewinds Capital Management LLC increased its holdings in shares of Vertiv by 61.3% in the 4th quarter. Tradewinds Capital Management LLC now owns 292 shares of the company's stock worth $33,000 after purchasing an additional 111 shares in the last quarter. Finally, FNY Investment Advisers LLC purchased a new position in shares of Vertiv in the fourth quarter worth $34,000. 89.92% of the stock is currently owned by institutional investors.

Vertiv Stock Up 6.8 %

Shares of VRT stock traded up $5.33 on Monday, reaching $83.33. 3,315,362 shares of the company were exchanged, compared to its average volume of 9,079,644. The company has a market cap of $31.73 billion, a price-to-earnings ratio of 64.77, a PEG ratio of 1.07 and a beta of 1.71. The company has a 50-day moving average of $82.01 and a 200-day moving average of $107.87. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.65 and a quick ratio of 1.02. Vertiv has a one year low of $53.60 and a one year high of $155.84.

Vertiv (NYSE:VRT - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The company reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.62 by $0.02. The company had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.94 billion. Vertiv had a net margin of 6.19% and a return on equity of 61.41%. Analysts anticipate that Vertiv will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 18th were issued a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.18%. The ex-dividend date was Tuesday, March 18th. Vertiv's dividend payout ratio (DPR) is 11.72%.

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.