Vertiv Holdings Co (VRT)

NYSE: VRT · IEX Real-Time Price · USD
45.14
+0.98 (2.22%)
At close: Dec 7, 2023, 4:00 PM
45.61
+0.47 (1.04%)
After-hours: Dec 7, 2023, 5:53 PM EST
2.22%
Market Cap 17.08B
Revenue (ttm) 6.65B
Net Income (ttm) 254.20M
Shares Out 381.44M
EPS (ttm) 0.74
PE Ratio 61.12
Forward PE 21.89
Dividend $0.03 (0.06%)
Ex-Dividend Date Dec 8, 2023
Volume 4,564,890
Open 44.30
Previous Close 44.16
Day's Range 44.14 - 45.42
52-Week Range 11.95 - 45.99
Beta 1.72
Analysts Strong Buy
Price Target 46.00 (+1.91%)
Earnings Date Oct 25, 2023

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 $46.0, which is an increase of 1.91% from the latest price.

Price Target
$46.0
(1.91% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

More Record Highs Could Be In Vertiv Stock's Horizon

Vertiv Holdings (VRT) stock reached an all-time high of $45.98 today, with support from its 20-day moving average.

1 day ago - Forbes

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...

3 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...

7 days 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
7 days 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...

8 days ago - Business Wire

Cramer's Mad Dash: Vertiv Holdings Co

CNBC's Jim Cramer delivers his daily Mad Dash.

20 days 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...

22 days 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
27 days 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
4 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...

6 weeks 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...

6 weeks 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...

4 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...

4 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 ...

4 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...

5 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...

6 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
6 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

Vertiv to Participate in Upcoming Conferences

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced its participation in two upcoming investor conferenc...

7 months ago - Business Wire

Scala Data Centers and Vertiv Sign Strategic Contract to Supply Thermal Management Solutions in Latin America

The agreement is one of the largest for Vertiv in Latin America, and brings Scala Data Centers in Brazil, Chile and Colombia state-of-the-art critical digital infrastructure solutions SÃO PAULO, May 1...

7 months ago - PRNewsWire

Vertiv Reports First Quarter Operating Profit of $130 Million and Adjusted Operating Profit(1) of $176 Million, Up $163 Million; Operating Cash Flow of $42 Million, Up $174 Million; Full Year 2023 Profit Guidance Raised

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 first quarter e...

8 months ago - Business Wire

Vertiv Announces Date of First 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 first quarter 2023 results before...

8 months ago - Business Wire

Former Vertiv CEO Rob Johnson Joins G2 Venture Partners as Operating Partner

PORTOLA VALLEY, Calif.--(BUSINESS WIRE)--Today G2 Venture Partners, a venture capital firm investing in technology companies at their inflection points to build a sustainable future announced the hiri...

9 months ago - Business Wire