Vertiv Holdings Co (VRT · NYSE)

Vertiv Holdings Co (VRT, NYSE) reported June-quarter revenue of $3.27B, up sequentially from $2.65B, with net income of $497.8M and EPS of $1.52 beating estimates by 6.3%; the company has beaten in three of its last four quarters. Trailing-twelve-month revenue stands at $11.48B with 24.1% YoY growth and 53.0% earnings growth, supported by a 38.0% gross margin, 20.4% operating margin, and 43.9% ROE. The stock has sold off despite the fundamentals, falling 17.4% over three months and trading 35.4% below its 52-week high at $242.78, with a P/E of 54.93 and beta of 2.048. Leverage remains modest at 1.2x debt/EBITDA with $2.81B in cash, and quarterly free cash flow was $925.3M in the most recent period.