Envestnet Asset Management Reduces Investment in Vertiv Holdings Co
December 18, 2023
☀️Trending News
Envestnet Asset Management Inc. recently announced that it has reduced its stake in Vertiv Holdings ($NYSE:VRT) Co. This news marks a significant shift in the company’s investment portfolio as it looks to diversify its assets. VERTIV HOLDINGS Co is a global provider of edge computing solutions. It offers products and services such as data centers, IT infrastructure, security and software solutions, as well as managed services for enhanced system performance. With a global network of partners, the company has established itself as an industry leader in delivering innovative technology to the market.
Market Price
On Monday, Envestnet Asset Management Inc. announced that they are reducing their investment in Vertiv Holdings Co. As a result, VERTIV HOLDINGS stock opened at $43.1 and closed at $44.6, up by 2.9% from previous closing price of 43.3. This is an indication of investor confidence in Vertiv Holdings despite the reduced investment by Envestnet Asset Management. Moreover, this demonstrates the positive outlook investors have on the company and its products.
The closing price also reflects the increasing demand for Vertiv Holdings’ products and services. This increase in demand is likely to be driven by the growing global reliance on technology and digital infrastructure. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Vertiv Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 6.65k | 254.2 | 5.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Vertiv Holdings. More…
| Operations | Investing | Financing |
| 725 | -108.5 | -381.2 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Vertiv Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.41k | 5.7k | 4.5 |
Key Ratios Snapshot
Some of the financial key ratios for Vertiv Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 29.5% | 57.9% | 9.2% |
| FCF Margin | ROE | ROA |
| 9.0% | 22.7% | 5.2% |
Analysis
Our analysis of VERTIV HOLDINGS‘ wellbeing revealed that it is classified as a ‘cheetah’ company, meaning it has achieved high revenue or earnings growth but is considered less stable due to lower profitability. This type of company might be of interest to investors who are looking for higher returns due to its growth potential, while also being willing to bear the risk of lower stability. In terms of financial health, VERTIV HOLDINGS has an intermediate score of 5/10. This suggests that it could be able to safely ride out any crisis without the risk of bankruptcy. However, the company is strong in growth, medium in dividend, profitability and weak in asset. As such, investors should evaluate such risks carefully before making any investment decisions. More…
Peers
The competition among Vertiv Holdings Co, Enedo PLC, Landis+Gyr Group AG, and Cyberpower Systems Inc is fierce. All four companies are vying for a share of the market for critical infrastructure solutions. Enedo PLC is a provider of critical infrastructure solutions. Landis+Gyr Group AG is a provider of critical infrastructure solutions. Cyberpower Systems Inc is a provider of critical infrastructure solutions.
– Enedo PLC ($LTS:0E96)
Enedo PLC is a clinical-stage biopharmaceutical company dedicated to the development of first-in-class therapies for the treatment of cancer. The company’s market cap is 17.11M as of 2022 and its ROE is -72.98%. Enedo’s lead candidate, ENED-150, is a targeted therapy that is currently being evaluated in a Phase 1 clinical trial in patients with solid tumors.
– Landis+Gyr Group AG ($LTS:0RTL)
The Landis+Gyr Group AG is a Swiss-based company that focuses on the development and production of products and solutions in the field of energy management. The company has a market capitalization of 1.58 billion as of 2022 and a return on equity of 4.42%. Landis+Gyr is a leading provider of advanced metering, data collection and communication systems for electric, gas and water utilities. The company’s products and solutions are used by utilities around the world to manage energy resources more efficiently, provide better customer service and reduce environmental impact.
– Cyberpower Systems Inc ($TWSE:3617)
Cyberpower Systems Inc is a publicly traded company with a market capitalization of $7.36 billion as of 2022. The company has a return on equity of 6.69%. Cyberpower Systems Inc is engaged in the design, manufacture, and marketing of power protection and power management products, including UPS systems, inverters, surge protectors, and batteries. The company also provides data center solutions, such as data center infrastructure management, server and storage virtualization, and cloud computing solutions.
Summary
Vertiv is a technology company that provides critical digital infrastructure and continuity solutions, including power, cooling, and IT management solutions. An analysis of their financials and performance shows that Vertiv has increased in revenue and net income over the past several years, with an overall positive trend.
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