Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Coming into today, shares of the company had lost 10.62% in the past month. In that same time, the Computer and Technology sector gained 6.77%, while the S&P 500 gained 3.15%. For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.42 per share and a revenue of $7.72 billion, signifying shifts of +36.72% and +12.46%, respectively, from the last year. Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the ...

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. ...

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. ...

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. ...

"As the soaring increase in data usage is driving up power demand and expansion of data centre capacity globally, the need to effectively manage electricity consumption and the carbon footprint of this energyintensive sector is critical to achieve net-zero targets," said Nicolas Pocard, Vice President Marketing and Strategic Partnerships, Ballard. "Ballard and Vertiv's strategic partnership enables both parties to leverage our respective strengths to offer cost-effective, zero greenhouse gas (GHG) emission ...

Much of VRT's bottom-line improvements are attributed to the increasingly rich gross margins of 34.5% (+2 points YoY) in the latest quarter, as supply chain issues moderate, further aided by the higher ASPs. The same expansion has been observed in its adj operating margins of 15.1% (+3.6 points Yo'Y), thanks to the improved operating scale/ productivity and relatively stable SG&A expenses of $314M (+1.7% YoY). As a result of these developments, it is unsurprising that VRT has also raised their FY2024 guidan ...

In the first quarter of 2024, orders jumped 60% year over year while backlog surged roughly 33% to $6.3 billion. Most of these orders will be delivered beyond 2024. For the second quarter of 2024, Vertiv expects revenues between $1.9 billion and $1.95 billion, indicating an organic growth rate of 11-13% year over year. Non-GAAP earnings are expected between 53 cents and 57 cents per share. The Zacks Consensus Estimate for 2024 revenues is pegged at $7.72 billion, indicating year-over-year growth of 12.46%. ...

Thanks to an Nvidia name drop, Vertiv is an object of investor affection right now. Nvidia isn't worried. It has an ecosystem of engineering partners hard at work solving energy delivery and other related data center problems. One such partner that got a name drop from CEO Jensen Huang earlier in 2024 is Vertiv Holdings (VRT -0.36%). The stock could be a buy, if only the price was right. Up until just recently, Vertiv has been a pretty boring industrial energy engineering business. It was spun off from Emer ...

The company's earnings outlook has moved higher across all timeframes, with VRT expected to post nearly 40% year-over-year earnings growth in its current year. Vertiv has continued to capitalize on the AI frenzy, exiting its latest quarter with its highest backlog in company history totaling $6.3 billion. Shares currently yield a modest 0.1% annually, below the average of the Zacks Computer and Technology sector average. The company provided rosy guidance for its current fiscal year, upping its net sales gu ...