Shares of Technology sector company Vertiv moved -3.4% today, and are now trading at a price of $89.67. The Large-Cap stock's daily volume was 10,269,777 compared to its average volume of 9,409,151. The S&P 500 index returned a 1.0% performance.
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. The company is based in Westerville and has 27,000 full time employees. Its market capitalization is $33,567,514,624. Vertiv currently offers its equity investors a dividend that yields 0.1% per year.
12 analysts are following Vertiv and have set target prices ranging from $89.0 to $130.03 per share. On average, they have given the company a rating of buy. At today's prices, VRT is trading -15.3% away from its average analyst target price of $105.87 per share.
Over the last year, VRT's share price has increased by 240.3%, which represents a difference of 216.1% when compared to the S&P 500. The stock's 52 week high is $109.27 per share whereas its 52 week low is $25.09. With average free cash flows of $90.51 Million that have been growing at an average rate of 45.6% over the last 5 years, Vertiv is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) |
|---|---|---|---|
| 2023 | 900,500 | 127,900 | 772,600 |
| 2022 | -152,800 | 100,000 | -252,800 |
| 2021 | 210,900 | 73,400 | 137,500 |
| 2020 | 208,900 | 44,400 | 164,500 |
| 2019 | 57,500 | 47,600 | 9,900 |
| 2018 | -224,036 | 64,600 | -288,636 |
