Vertiv (VRT, Financial) has reported significant growth in its adjusted free cash flow for the recent quarter, revealing a substantial increase of $164 million compared to the same period last year. The total for the quarter reached $265 million, achieving a free cash flow conversion rate exceeding 100%.
The company's financial performance was bolstered by strong cash collections as the quarter drew to a close, with several transactions accelerated from the second quarter, potentially presenting a challenge for the upcoming quarter.
Looking ahead, Vertiv anticipates that its free cash flow for the first half of 2025 will be similar to the levels seen in the first half of 2024, indicating a stable outlook as they continue to manage their financial strategies.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 20 analysts, the average target price for Vertiv Holdings Co (VRT, Financial) is $116.12 with a high estimate of $146.00 and a low estimate of $75.00. The average target implies an upside of 44.46% from the current price of $80.38. More detailed estimate data can be found on the Vertiv Holdings Co (VRT) Forecast page.
Based on the consensus recommendation from 24 brokerage firms, Vertiv Holdings Co's (VRT, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Vertiv Holdings Co (VRT, Financial) in one year is $53.72, suggesting a downside of 33.17% from the current price of $80.38. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Vertiv Holdings Co (VRT) Summary page.
