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Evercore Maintains Vertiv Holdings(VRT.US) With Buy Rating, Maintains Target Price $150

Moomoo News ·  Nov 21 08:33  · Ratings

Evercore analyst Amit Daryanani maintains $Vertiv Holdings (VRT.US)$ with a buy rating, and maintains the target price at $150.

According to TipRanks data, the analyst has a success rate of 59.9% and a total average return of 13.4% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $Vertiv Holdings (VRT.US)$'s main analysts recently are as follows:

  • Following a recent assessment at the company's investor day, analysts believe Vertiv Holdings' revised strategic plan for the upcoming years, pointing towards accelerating organic growth, considerable potential for margin expansion, and a versatile approach to capital management, positions it well for sustained superior performance on the stock market. The company's ambition to achieve 12%-14% annual organic growth until 2029, compared to the market's expected 9%-12% growth, is seen as realistic due to its comprehensive solution-driven model, robust customer relations and partnerships, along with a globally strong service offering.

  • Following their investor day, it was observed that Vertiv Holdings' financial goals have been extended through 2029, with their predictions for 2025 surpassing consensus expectations for adjusted earnings and growth. It's noted that Vertiv's long-term aspirations include achieving higher than anticipated organic growth and operating margins. The company's distinctive algorithm is expected to maintain a competitive edge over its peers.

  • Vertiv Holdings has updated its long-term growth, margin, and cash generation targets and provided FY25 earnings per share outlook modestly above market expectations on similar revenue outlook. It has been noted that infrastructure bottlenecks are enhancing the firm's competitive strengths, thereby supporting expectations of 200-300 basis points of outgrowth relative to its end-markets.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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