Steve Weiss, Founder and Managing Partner of Short Hills Capital Partners joins CNBC's “Halftime Report” to explain why he's trimming Vertiv here.
Vertiv (VRT) is well positioned to outperform the market, as it exhibits above-average growth in financials.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Vertiv (VRT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Vertiv investors saw the stock fall off the clip into an unusual bear market following the DeepSeek rout. Investors seemed to have reallocated away as the S&P 500 powers forward while VRT's momentum stagnated. Is the AI trade over? Vertiv remains steadfast about the AI infra play, and the aggressiveness of big tech's AI infra investments should provide much needed respite.
VRT achieved a 25.8% YoY topline growth in the fourth quarter of 2024, driven by strong demand in EMEA and double-digit growth in Americas and APAC. Robust demand, elevated backlog levels, and significant AI-driven investments are expected to sustain VRT's growth momentum into FY25 and beyond. Anticipated volume growth and benefit from operational improvements anticipated to drive margin growth in the quarters ahead.
Vertiv Holdings NYSE: VRT, a critical infrastructure provider, recently saw its stock price drop following its latest earnings release, causing investors to reevaluate the company's position. Given Vertiv's crucial role in maintaining essential digital technologies and the sector's overall growth, the key question is whether this stock price drop represents a justified market correction or an overreaction.
Vertiv Holdings Co (NYSE:VRT ) Q4 2024 Earnings Conference Call February 12, 2025 11:00 AM ET Corporate Participants Lynne Maxeiner - Vice President of Investor Relations Dave Cote - Executive Chairman Giordano Albertazzi - Chief Executive Officer David Fallon - Chief Financial Officer Conference Call Participants Andy Kaplowitz - Citigroup Amit Daryanani - Evercore Steve Tusa - JPMorgan Andrew Obin - Bank of America Nigel Coe - Wolfe Research Jeff Sprague - Vertical Research Nicole DeBlase - Deutsche Bank Mark Delaney - Goldman Sachs Operator Good morning, my name is Nadia and I'll be your conference operator today. At this time, I would like to welcome everyone to Vertiv's Fourth Quarter and Full Year 2024 Earnings Conference Call.
Giordano Albertazzi, Vertiv CEO, joins 'The Exchange' to discuss the chief executive's thoughts on artificial intelligence, the company's earnings results, and much more.
The Investment Committee give you their top stocks to watch for the second half.
Steve Weiss, Founder and Managing Partner of Short Hills Capital Partners joins CNBC's “Halftime Report” to explain why he's buying more Vertiv as the stock gets hammered today.
Vertiv Holdings' Q4 FY2024 results show strong financial performance, with a 26% YoY sales increase and a 77% rise in adjusted diluted EPS. The company's order trends and updated guidance indicate sustained growth, with a projected 17%-21% organic net sales growth for Q1 and $9.2 billion in full-year revenue. Despite a pre-market dip, Vertiv's valuation remains attractive with a 30%+ upside potential, calculated at a fair value of $150/share.