Vertiv Holdings Co. (VRT): Traded shares at $16.89 on Wednesday, August 05

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Vertiv Holdings Co. (NYSE:VRT) changes shares on Wednesday trading session, with a change of 11.12% or $1.69 shares. The trading starts at $16.71 and closed at $15.20 throughout the day. The trading session low price was $16.43 and day high was $17.23 on Wednesday, August 05. After the session, the Industrials sector daily volume shifted to 4.64 million while its average volume is 2.92M. In other hand, the VRT market cap reached to $5.74B. While, its current target price is $17.33.

On May 15, 2020, BRIEF-Temasek Holdings (Private) Ltd Takes Share Stake In Vmware, Vertiv Holdings, Beam Therapeutics. According to the news reported on Reuters, * TEMASEK HOLDINGS (PRIVATE) LTD DISSOLVES SPONSORED ADR SHARE STAKE IN BP PLC – SEC FILING

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 20.64% and up 24.01% for month. Its quarterly performance was 58.59% above, while its half year performance is up 32.06%. VRT yearly performance stood at positive 65.91% and rise 53.13% for year-to-date. Current recommendation for Vertiv Holdings Co. is 2.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. VRT EPS (TTM) for 12-month is -1.10. EPS for this year is -12.70%, while for the next year its value is 1.05.

Let’s take a look on the analyst recommendations on VRT for the current month and previous month. For the current month, 4 of 4 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 4 analysts participate in stock recommendation. Out of 4, 0 rated it sell, 3 rated it as Buy and 1 as Hold Ratings. On the other hand, target price ranges from $15.00 – $20.00. Average target price for VRT was reached at $17.25.

Platinum Equity Advisors, LLC/DE, Eminence Capital, LP and Goldman Sachs Group, Inc. are the top three holders in Vertiv Holdings Co. (VRT) stock. On Mar 30, 2020, Platinum Equity Advisors, LLC/DE has 118.26 million shares which valued 1.02 billion. On Mar 30, 2020, Eminence Capital, LP owned 17.79 million shares which valued at 153.91 million. On Mar 30, 2020, Goldman Sachs Group, Inc. has a total of 15.97 million shares which valued at 138.11 million. In the end, Goldman Sachs Group, Inc. have 4.86% shares outstanding of Vertiv Holdings Co. (VRT) on Mar 30, 2020. The insider ownership moved to 0.30% and institutional holding shifted to 82.60%.

The company posted an EPS (TTM) of -1.10. According to the most recent quarter report on (Sep 2020), 4 analysts estimated an average EPS of 0.26. Analyst Estimated EPS for VRT published in the report was $0.24 – $0.31 during the same period.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for VRT rise 47.69% for period of 200 days. SMA for 50 days was 22.66% which is showing green signal, while SMA-20 was 20.62%. The moving average value for Vertiv Holdings Co. (VRT) is 11.79 and 13.85 for 200 and 50 days respectively.