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Vertiv Holdings Co. (VRT) Rises Higher Than Market: Key Facts
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In the latest trading session, Vertiv Holdings Co. (VRT - Free Report) closed at $75.47, marking a +1.33% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.45%. At the same time, the Dow lost 0.23%, and the tech-heavy Nasdaq gained 0.84%.
Heading into today, shares of the company had gained 2.11% over the past month, outpacing the Computer and Technology sector's loss of 0.98% and lagging the S&P 500's gain of 2.54% in that time.
Market participants will be closely following the financial results of Vertiv Holdings Co. in its upcoming release. On that day, Vertiv Holdings Co. is projected to report earnings of $0.70 per share, which would represent year-over-year growth of 34.62%. Our most recent consensus estimate is calling for quarterly revenue of $1.98 billion, up 13.53% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.58 per share and a revenue of $7.74 billion, signifying shifts of +45.76% and +12.77%, respectively, from the last year.
Any recent changes to analyst estimates for Vertiv Holdings Co. should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional 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. Over the past month, the Zacks Consensus EPS estimate remained stagnant. As of now, Vertiv Holdings Co. holds a Zacks Rank of #1 (Strong Buy).
Looking at its valuation, Vertiv Holdings Co. is holding a Forward P/E ratio of 28.82. This represents a premium compared to its industry's average Forward P/E of 26.93.
One should further note that VRT currently holds a PEG ratio of 0.97. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Computers - IT Services industry had an average PEG ratio of 2.98 as trading concluded yesterday.
The Computers - IT Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 50, finds itself in the top 20% echelons of all 250+ industries.
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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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Vertiv Holdings Co. (VRT) Rises Higher Than Market: Key Facts
In the latest trading session, Vertiv Holdings Co. (VRT - Free Report) closed at $75.47, marking a +1.33% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.45%. At the same time, the Dow lost 0.23%, and the tech-heavy Nasdaq gained 0.84%.
Heading into today, shares of the company had gained 2.11% over the past month, outpacing the Computer and Technology sector's loss of 0.98% and lagging the S&P 500's gain of 2.54% in that time.
Market participants will be closely following the financial results of Vertiv Holdings Co. in its upcoming release. On that day, Vertiv Holdings Co. is projected to report earnings of $0.70 per share, which would represent year-over-year growth of 34.62%. Our most recent consensus estimate is calling for quarterly revenue of $1.98 billion, up 13.53% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.58 per share and a revenue of $7.74 billion, signifying shifts of +45.76% and +12.77%, respectively, from the last year.
Any recent changes to analyst estimates for Vertiv Holdings Co. should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional 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. Over the past month, the Zacks Consensus EPS estimate remained stagnant. As of now, Vertiv Holdings Co. holds a Zacks Rank of #1 (Strong Buy).
Looking at its valuation, Vertiv Holdings Co. is holding a Forward P/E ratio of 28.82. This represents a premium compared to its industry's average Forward P/E of 26.93.
One should further note that VRT currently holds a PEG ratio of 0.97. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Computers - IT Services industry had an average PEG ratio of 2.98 as trading concluded yesterday.
The Computers - IT Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 50, finds itself in the top 20% echelons of all 250+ industries.
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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.