18-Sep-2024
Resolute Holdings Completes Acquisition of Majority Interest in CompoSecure
Globe Newswire (Tue, 17-Sep 4:05 PM ET)
Vertiv Holdings (VRT) Gets a Buy from Evercore ISI
TipRanks (Mon, 16-Sep 8:25 AM ET)
Benzinga (Sun, 15-Sep 11:49 AM ET)
Rocket Lab soars to top industrial gainer of week, Rentokil drops after profit warning
Seeking Alpha News (Sat, 14-Sep 10:45 AM ET)
3 Reasons Why this VRT Bull Put Spread is a Good Opportunity for $1.65
Market Chameleon (Thu, 12-Sep 11:51 AM ET)
Vertiv Announces Frank Poncheri as Chief Human Resources Officer
Business Wire (Wed, 11-Sep 9:30 AM ET)
Vertiv Declares Quarterly Dividend
Business Wire (Wed, 4-Sep 6:30 AM ET)
Vertiv to Participate in Upcoming Goldman Sachs Communacopia + Technology Conference
Business Wire (Wed, 28-Aug 8:00 AM ET)
Major Tech Firms Lead Trillion-Dollar Surge in Generative AI Spending
PRNewswire (Tue, 30-Jul 12:57 PM ET)
Vertiv to Participate in Upcoming TD Cowen Communications Infrastructure Summit
Business Wire (Tue, 30-Jul 8:00 AM ET)
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 September 18, 2024, VRT stock price climbed to $87.66 with 7,760,250 million shares trading.
VRT has a beta of 2.74, meaning it tends to be more sensitive to market movements. VRT has a correlation of 0.48 to the broad based SPY ETF.
VRT has a market cap of $32.88 billion. This is considered a Large Cap stock.
Last quarter Vertiv Hldgs reported $2 billion in Revenue and $.67 earnings per share. This beat revenue expectation by $13 million and exceeded earnings estimates by $.10.
In the last 3 years, VRT stock traded as high as $109.27 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 price return of +132.2% while the SPY ETF gained +27.7%. However, in the short term, VRT had mixed performance relative to the market. It has underperformed in the last 3 months, returning -8.0% vs +2.7% return in SPY. But in the last 2 weeks, VRT shares have fared better than the market returning +16.8% compared to SPY +1.9%.
VRT support price is $83.89 and resistance is $90.69 (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 stock will trade within this expected range on the day.