Vertiv Shares Jump 2.16% to $270.06; EPS Forecasts Up 56%
Vertiv Holdings shares closed at $270.06, up 2.16% on March 10, outpacing the S&P 500’s 0.21% loss. Analysts project the upcoming quarter’s EPS at $1.00, a 56.25% increase, with revenue of $2.65 billion; full-year forecasts call for $6.15 EPS (+46.43%) on $13.68 billion sales (+33.76%).
1. Recent Trading Performance
Vertiv Holdings closed at $270.06 on March 10, marking a 2.16% gain that outstripped the S&P 500’s 0.21% decline, the Dow’s 0.07% loss and the Nasdaq’s 0.01% rise.
2. Month-to-Date Outperformance
Over the past month, Vertiv’s shares have climbed 30.87%, significantly outperforming the Computer and Technology sector’s 3.04% loss and the S&P 500’s 2.26% decline.
3. Earnings and Revenue Projections
Analysts expect the upcoming quarter’s EPS to reach $1.00, a 56.25% year-over-year increase, alongside revenue of $2.65 billion, while full-year consensus projects $6.15 per share (+46.43%) on $13.68 billion (+33.76%) in sales.
4. Valuation Metrics and Ranking
The stock trades at a forward P/E of 42.99 compared to the 14.05 industry average and holds a PEG ratio of 1.33 against the sector’s 1.25, with a Zacks Rank of #2 indicating a buy recommendation.