With 5.73 million shares changed hands, the volume of the stock remained lighter than its average volume of 9.12 million shares. During the session, the Electrical Equipment & Parts company that operates in wider Industrials sector, reached to the highest price of $97.49 whereas the lowest price it dropped to was $94.85. The 52-week range on VRT shows that it touched its highest point at $97.28 and its lowest point at $14.68 during that stretch. It currently has a 1-year price target of $98.95. With its current market cap of 35.53 billion, VRT has annualized dividend of $0.05 while the current yield stands at 0.05%. Beta for the stock currently stands at 1.57.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VRT was up-trending over the past week, with a rise of 2.05%, but this was up by 12.79% over a month. Three-month performance surged to 60.54% while six-month performance rose 134.69%. The stock gained 533.58% in the past year, while it has gained 97.61% so far this year. A look at the trailing 12-month EPS for VRT yields 1.04 with Next year EPS estimates of 3.02. For the next quarter, that number is 0.57. This implies an EPS growth rate of 33.73% for this year and 27.72% for next year. EPS is expected to grow by 27.30% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 82.85%.
Float and Shares Shorts:
At present, 381.79 million VRT shares are outstanding with a float of 360.99 million shares on hand for trading. On 2024-04-15, short shares totaled 10.85 million, which was 290.00001000000003 higher than short shares on 1710460800. In addition to Mr. David M. Cote as the firm’s Executive Chairman, Mr. Giordano Albertazzi serves as its CEO & Director.
Institutional Ownership:
Through their ownership of 0.91056 of VRT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, VRT reported revenue of $1639100000.0 and operating income of $206100000.0. The EBITDA in the recently reported quarter was $274800000.0 and diluted EPS was -$0.02.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VRT since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
