Vertiv (NYSE:VRT) Issues Earnings Results, Beats Expectations By $0.15 EPS

Vertiv (NYSE:VRT) announced its quarterly earnings data on Wednesday. The company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.84 by $0.15, RTT News reports. Vertiv had a net margin of 7.72% and a return on equity of 55.33%. During the same period last year, the business earned $0.56 EPS. Vertiv updated its Q1 2025 guidance to 0.570-0.630 EPS and its FY 2025 guidance to 3.500-3.600 EPS.

Vertiv Price Performance

Shares of Vertiv stock traded down $9.94 during trading on Wednesday, hitting $113.31. The stock had a trading volume of 9,331,226 shares, compared to its average volume of 9,840,296. The firm has a market cap of $42.53 billion, a price-to-earnings ratio of 75.19, a P/E/G ratio of 0.94 and a beta of 1.64. Vertiv has a 12 month low of $55.00 and a 12 month high of $155.84. The business’s 50-day moving average is $124.27 and its 200 day moving average is $108.09. The company has a current ratio of 1.38, a quick ratio of 1.02 and a debt-to-equity ratio of 1.60.

Vertiv Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Tuesday, December 3rd were issued a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.13%. This is an increase from Vertiv’s previous quarterly dividend of $0.03. The ex-dividend date was Tuesday, December 3rd. Vertiv’s dividend payout ratio (DPR) is presently 6.67%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Mizuho lifted their price target on shares of Vertiv from $125.00 to $145.00 and gave the stock an “outperform” rating in a report on Tuesday, November 19th. Citigroup upped their price target on Vertiv from $141.00 to $155.00 and gave the company a “buy” rating in a research report on Monday, December 9th. Barclays began coverage on Vertiv in a report on Thursday, December 12th. They issued an “equal weight” rating and a $142.00 price objective for the company. Fox Advisors began coverage on Vertiv in a research note on Monday, January 6th. They issued an “equal weight” rating on the stock. Finally, The Goldman Sachs Group increased their target price on shares of Vertiv from $126.00 to $140.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Four equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $139.36.

Insider Buying and Selling

In other Vertiv news, insider Anand Sanghi sold 30,914 shares of Vertiv stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $141.46, for a total transaction of $4,373,094.44. Following the completion of the sale, the insider now owns 19,448 shares of the company’s stock, valued at $2,751,114.08. The trade was a 61.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Stephen Liang sold 86,619 shares of the stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $131.07, for a total value of $11,353,152.33. Following the transaction, the executive vice president now owns 19,551 shares in the company, valued at $2,562,549.57. This trade represents a 81.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 171,527 shares of company stock worth $23,105,682 over the last ninety days. 5.01% of the stock is owned by corporate insiders.

Vertiv Company Profile

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.