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Why Vertiv Holdings Co. (VRT) Dipped More Than Broader Market Today

Zacks Investment Research·
Why Vertiv Holdings Co. (VRT) Dipped More Than Broader Market Today

Vertiv Holdings Co. (VRT) declined 9.61% in recent trading, underperforming the S&P 500. The company maintains a Zacks Rank #2 (Buy) with strong projected earnings growth of 47.58% and revenue growth of 40.27% for the upcoming quarter. However, the stock trades at a premium valuation with a Forward P/E of 43.49 versus its industry average of 13.49.

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