Vertiv Holdings Co (VRT)

NYSE: VRT · IEX Real-Time Price · USD
48.03
-0.93 (-1.90%)
At close: Dec 29, 2023, 4:00 PM
48.20
+0.17 (0.35%)
After-hours: Dec 29, 2023, 7:59 PM EST
-1.90%
Market Cap 18.32B
Revenue (ttm) 6.65B
Net Income (ttm) 254.20M
Shares Out 381.44M
EPS (ttm) 0.74
PE Ratio 64.91
Forward PE 23.25
Dividend $0.03 (0.05%)
Ex-Dividend Date Dec 8, 2023
Volume 2,487,617
Open 48.84
Previous Close 48.96
Day's Range 47.84 - 49.02
52-Week Range 11.95 - 50.23
Beta 1.72
Analysts Strong Buy
Price Target 47.13 (-1.87%)
Earnings Date Feb 21, 2024

About VRT

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. It offers AC and DC power management products, switchgear and busbar products, thermal management products, integrated rack systems, modular solutions, and management systems for monitoring and controlling digital infrastructure that ar... [Read more]

Sector Industrials
CEO Giordano Albertazzi
Employees 27,000
Stock Exchange NYSE
Ticker Symbol VRT
Full Company Profile

Financial Performance

In 2022, VRT's revenue was $5.69 billion, an increase of 13.87% compared to the previous year's $5.00 billion. Earnings were $76.60 million, a decrease of -35.95%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for VRT stock is "Strong Buy." The 12-month stock price forecast is $47.13, which is a decrease of -1.87% from the latest price.

Price Target
$47.13
(-1.87% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Up 269% In 2023, Vertiv Stock Could Outperform Nvidia Shares In 2024

Which stock benefited most from 2023's boom in Generative AI? If you thought the winner is Santa Clara, Calif.

7 hours ago - Forbes

These Russel 1000 stocks jumped by >250% in 2023

The Russell 1000 index had a strong performance in 2023 as hopes of rate cuts intersected with the enthusiasm of artificial intelligence (AI). The index, which tracks 1,000 companies, rose by over 24%...

Other symbols: AFRMAPPCOIN
11 days ago - Invezz

VERTIV ALERT: Bragar Eagel & Squire, P.C. is Investigating Vertiv Holdings Co. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Vertiv Holdings Co. (NYSE: VRT) on behalf of...

12 days ago - Business Wire

SHAREHOLDER ALERT: Vertiv Holdings Co (VRT) Officers and Directors Face Shareholder Investigation for Potential Wrongdoing

SAN FRANCISCO , Dec. 19, 2023 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP is investigating potential derivative claims on behalf of shareholders of Vertiv Holdings Co (NYSE: VRT) relating to the co...

12 days ago - PRNewsWire

Vertiv Announces Successful Completion of Term Loan Repricing

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv Holdings Co (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the completion of the repricing of Verti...

18 days ago - Business Wire

2 little known AI stocks are up more than 200% this year

While the Magnificent 7 technology stocks of Alphabet Inc. NASDAQ: GOOGL, Amazon Inc. NASDAQ: AMZN, Apple Inc. NASDAQ: AAPL, Meta Platforms Inc. NASDAQ: META, Microsoft Corp. NASDAQ: MSFT, Nvidia Corp...

Other symbols: SMCI
20 days ago - MarketBeat

Vertiv Acquisition of CoolTera Ltd. Boosts Liquid Cooling Portfolio

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced that subsidiaries of the company have entered into a...

27 days ago - Business Wire

CORRECTING and REPLACING PHOTO Vertiv Collaborates with Intel on Liquid Cooled Solution for the Intel® Gaudi®3 AI Accelerator Platform

COLUMBUS, Ohio--(BUSINESS WIRE)--Please replace the photo with the accompanying corrected photo. VERTIV COLLABORATES WITH INTEL ON LIQUID COOLED SOLUTION FOR THE INTEL® GAUDI®3 AI ACCELERATOR PLATFORM...

4 weeks ago - Business Wire

Vertiv Collaborates with Intel on Liquid Cooled Solution for the Intel® Gaudi®3 AI Accelerator Platform

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the company is collaborating with Intel (Nasdaq: INT...

Other symbols: INTC
4 weeks ago - Business Wire

Vertiv Hosts Investor Conference and Raises 2023 Guidance

NEW YORK--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, will host its previously announced Investor Conference today at the New Yo...

4 weeks ago - Business Wire

Cramer's Mad Dash: Vertiv Holdings Co

CNBC's Jim Cramer delivers his daily Mad Dash.

6 weeks ago - CNBC Television

Vertiv to Hold Investor Conference on November 29, 2023

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, announced that it will hold an Investor Conference on Wednesday, Nov...

6 weeks ago - Business Wire

2 Stocks That Could Benefit From Generative AI's Energy Demand Growth

One analyst sees data center operators as winners.

Other symbols: EQIX
7 weeks ago - Forbes

Data Center Growth Is Robust. 4 Stocks That Benefit.

Electrical hardware and software giant Schneider Electric is expanding its partnership with Compass Datacenters.

Other symbols: ETNNVT
7 weeks ago - Barrons

Vertiv stock rallies as data company beats profit expectation and hikes view

Vertiv Holdings LLC's stock VRT, +4.67% was up by 10.4% in premarket trading on Wednesday after the digital infrastructure and power-management product maker's third-quarter adjusted earnings of 52 ce...

2 months ago - Market Watch

Vertiv Reports Strong Third Quarter Results and Raises Full Year 2023 Outlook

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv Holdings Co (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today reported financial results for its third quarter e...

2 months ago - Business Wire

As AI matures, Nvidia won't be the only pick-and-shovel company to thrive, BofA analysts say

For investors trying to play a gold rush, it's important to look at who sells the picks and shovels to miners.

Other symbols: NVDAETNHONJCI
2 months ago - Market Watch

Vertiv Announces Date of Third Quarter 2023 Earnings Release and Conference Call

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its third quarter 2023 results before...

2 months ago - Business Wire

Vertiv Announces Pricing of Secondary Offering by VPE Holdings, LLC, an affiliate of Platinum Equity, LLC

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv Holdings Co (“Vertiv”) (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the pricing of the previously...

5 months ago - Business Wire

Vertiv Announces Commencement of Secondary Offering of 20,000,000 Shares of Common Stock by VPE Holdings, LLC, an affiliate of Platinum Equity, LLC

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv Holdings Co (“Vertiv”) (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the commencement of an underw...

5 months ago - Business Wire

Vertiv Reports Strong Second Quarter Results and Raises Full Year 2023 Outlook

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv Holdings Co (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today reported financial results for its second quarter ...

5 months ago - Business Wire

Vertiv Announces Date of Second Quarter 2023 Earnings Release and Conference Call

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its second quarter 2023 results befor...

6 months ago - Business Wire

Vertiv Releases 2022 Environmental, Social and Governance Report, Detailing ESG Initiatives and Achievements in Second Annual ESG Report

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today released its second annual report on the company's environment...

7 months ago - Business Wire

3 Electrical Gear Makers: Hidden Gems Amid Growing Digitization

It's been a stock picker's market lately. Indexes have been moving sideways and having trouble gaining sustained upside traction, yet there are numerous stocks not named Nvidia Corp. NASDAQ: NVDA that...

Other symbols: NVDAPOWLROK
7 months ago - MarketBeat

Vertiv Names Anand Sanghi President of the Americas Region

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions today announced that Anand Sanghi has been appointed President, Ameri...

7 months ago - Business Wire