On Oct 24, major Wall Street analysts update their ratings for $Vertiv Holdings (VRT.US)$, with price targets ranging from $115 to $140.
J.P. Morgan analyst Stephen Tusa maintains with a buy rating, and maintains the target price at $124.
BofA Securities analyst Andrew Obin maintains with a buy rating, and adjusts the target price from $130 to $140.
Citi analyst Andrew Kaplowitz maintains with a buy rating, and adjusts the target price from $110 to $134.
Evercore analyst Amit Daryanani maintains with a buy rating, and adjusts the target price from $125 to $135.
TD Cowen analyst Michael Elias maintains with a buy rating, and maintains the target price at $115.
Furthermore, according to the comprehensive report, the opinions of $Vertiv Holdings (VRT.US)$'s main analysts recently are as follows:
Vertiv Holdings is effectively converting robust market demand into improved earnings and cash flow. The anticipation is that earnings will grow at a rate above that of its peers, justifying a premium valuation in comparison to the average of its peer group based on projections for the year 2025.
Following the Q3 report, there is a belief that Vertiv Holdings experienced a sell-off due to investor worries about the peak of order growth and heightened competition. Nevertheless, it's thought that Vertiv's consistent operational execution and significant competitive advantage contribute to a clearer earnings outlook for 2025 and onwards.
Following Vertiv Holdings' notable September-end quarter results, it's anticipated that revenue growth will pick up pace in calendar 2025, building on the 14% increase projected for 2024. The company also expects operating margins to keep expanding, which analysts believe should solidify mid-to-high teens revenue growth in 2025 and an EPS exceeding $3.50.
The decline in Vertiv Holdings' shares occurred despite the company surpassing third-quarter top and bottom line consensus and projecting fourth-quarter EBIT/EPS figures and organic growth expectations for FY25 that are above market consensus. The cessation of order guidance, which was processed during Wednesday's trading, may lead to a decrease in future share price volatility, according to the analyst.
The company showcased robust financial performance in the third quarter of 2024, but the growth in orders during the same period was not as strong, and future order growth guidance was not issued. Nevertheless, the optimism is sustained by the management's mention of a record-high pipeline and evidence suggesting that equipment demand has seen an upturn in the past three months.
Here are the latest investment ratings and price targets for $Vertiv Holdings (VRT.US)$ from 6 analysts:
Note:
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