VRT Stock Summary and Trading Ideas (Vertiv Hldgs | NYSE:VRT)

Vertiv Holdings Co brings together hardware, software, analytics and ongoing services to ensure its customers vital applications run continuously, perform optimally and grow with their business needs. The company solves the important challenges faced by data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Its services include critical power, thermal management, racks and enclosures, monitoring and management, and other services. Its three business segments include the Americas, Asia Pacific; and Europe, Middle East & Africa.

Vertiv Hldgs trades on the NYSE stock market under the symbol VRT.

As of December 20, 2024, VRT stock price climbed to $120.04 with 7,323,370 million shares trading.

VRT has a beta of 3.34, meaning it tends to be more sensitive to market movements. VRT has a correlation of 0.51 to the broad based SPY ETF.

VRT has a market cap of $45.03 billion. This is considered a Large Cap stock.

Last quarter Vertiv Hldgs reported $2 billion in Revenue and $.76 earnings per share. This beat revenue expectation by $94 million and exceeded earnings estimates by $.07.

In the last 3 years, VRT traded as high as $145.67 and as low as $7.76.

The top ETF exchange traded funds that VRT belongs to (by Net Assets): VTI, VO, VXF, VUG, VOT.

VRT has outperformed the market in the last year with a return of +154.3%, while the SPY ETF gained +27.8%. In the last 3 month period, VRT beat the market returning +27.0%, while SPY returned +4.4%. However, in the most recent 2 weeks VRT has underperformed the stock market by returning -10.3%, while SPY returned -2.4%.

VRT support price is $111.38 and resistance is $119.50 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VRT shares will trade within this expected range on the day.