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Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
3 Stocks That Flourish In The Fall
2 Must-Have Silicon Companies That Don't Make Microchips
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
3 Stocks That Flourish In The Fall
2 Must-Have Silicon Companies That Don't Make Microchips
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
3 Stocks That Flourish In The Fall
2 Must-Have Silicon Companies That Don't Make Microchips
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
Small Caps That Have Priced In A Hard Landing For Big Upside
NYSE:NVT

nVent Electric (NVT) Stock Forecast, Price & News

$54.11
+0.59 (+1.10%)
(As of 09/25/2023 ET)
Compare
Today's Range
$53.47
$54.54
50-Day Range
$51.48
$58.21
52-Week Range
$30.48
$58.98
Volume
1.17 million shs
Average Volume
1.16 million shs
Market Capitalization
$8.97 billion
P/E Ratio
19.89
Dividend Yield
1.29%
Price Target
$55.25

nVent Electric MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
2.1% Upside
$55.25 Price Target
Short Interest
Healthy
1.46% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.33mentions of nVent Electric in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$473,817 Sold Last Quarter
Proj. Earnings Growth
10.00%
From $2.90 to $3.19 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.27 out of 5 stars

Computer And Technology Sector

298th out of 584 stocks

Special Industry Machinery, Except Metalworking Machinery Industry

3rd out of 4 stocks


NVT stock logo

About nVent Electric (NYSE:NVT) Stock

nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection products worldwide. The company operates through three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management. The Enclosures segment provides solutions to connect and protect critical electronics, communication, control, and power equipment; physical infrastructure solutions to host, connect, and protect server and network equipment; indoor and outdoor protection for test and measurement and aerospace and defense applications in industrial, infrastructure, commercial, and energy verticals; and metallic and non-metallic enclosures, cabinets, sub racks, and backplanes. The Electrical & Fastening Solutions segment offers fastening solutions to connect and protect electrical and mechanical systems, and civil structures; and engineered electrical and fastening products. The Thermal Management segment offers electric thermal solutions that connect and protect buildings, infrastructure, industrial processes, and people; and provides thermal management systems comprising heat tracing, floor heating, fire-rated and specialty wiring, sensing, and snow melting and de-icing solutions. It sells its products under the CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF, and TRACER brands. The company markets its products through electrical distributors, data center contractors, original equipment manufacturers, and maintenance contractors. It serves the energy, industrial, infrastructure, and commercial and residential sectors. The company was founded in 1903 and is based in London, the United Kingdom.

NVT Price History

NVT Stock News Headlines

NVent Electric Announces Launch Of New Safety And Power Distribution Units
Goldman Sachs Reaffirms Their Buy Rating on nVent Electric (NVT)
His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
nVent Electric: A Heavily In-Demand Stock
nVent Electric plc (NVT) Increased on Full Year Guidance
Biden's latest bailout--terrible for America?
And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—
Q2 2023 nVent Electric PLC Earnings Call
NVent Electric (NVT) Surpasses Q2 Earnings Estimates
Should Investors Buy These 3 Top-Ranked Tech Stocks?
RBC Capital Keeps Their Buy Rating on nVent Electric (NVT)
See More Headlines
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NVT Company Calendar

Ex-Dividend for 8/4 Dividend
7/20/2023
Ex-Dividend for 8/4 Dividend
7/20/2023
Last Earnings
7/28/2023
Dividend Payable
8/04/2023
Dividend Payable
8/04/2023
Today
9/26/2023
Next Earnings (Estimated)
10/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Special industry machinery, except metalworking machinery
Sub-Industry
N/A
Fax
N/A
Employees
10,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$55.25
High Stock Price Forecast
$69.00
Low Stock Price Forecast
$34.00
Forecasted Upside/Downside
+2.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$399.80 million
Pretax Margin
17.93%

Debt

Sales & Book Value

Annual Sales
$2.91 billion
Cash Flow
$3.17 per share
Book Value
$16.52 per share

Miscellaneous

Free Float
161,796,000
Market Cap
$8.97 billion
Optionable
Optionable
Beta
1.32
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Key Executives

  • Ms. Beth A. WozniakMs. Beth A. Wozniak (Age 58)
    CEO & Chairman
    Comp: $2.91M
  • Ms. Sara E. ZawoyskiMs. Sara E. Zawoyski (Age 48)
    Exec. VP & CFO
    Comp: $1.2M
  • Mr. Aravind Padmanabhan (Age 54)
    Exec. VP & CTO
    Comp: $1.1M
  • Mr. Jon D. Lammers (Age 58)
    Exec. VP, Gen. Counsel & Sec.
    Comp: $1.13M
  • Mr. Joseph A. RuzynskiMr. Joseph A. Ruzynski (Age 47)
    Pres of Enclosures
    Comp: $1.11M
  • Mr. Randolph A. WackerMr. Randolph A. Wacker (Age 58)
    Sr. VP, Chief Accounting Officer & Treasurer
  • Tony Riter
    VP of Investor Relations
  • Jill Saletta
    VP of Communications
  • Ms. Lynnette R. HeathMs. Lynnette R. Heath (Age 55)
    Exec. VP & Chief HR Officer
  • Mr. Robert J. Van Der Kolk (Age 54)
    Pres of Electrical & Fastening Solutions













NVT Stock - Frequently Asked Questions

Should I buy or sell nVent Electric stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for nVent Electric in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NVT shares.
View NVT analyst ratings
or view top-rated stocks.

What is nVent Electric's stock price forecast for 2023?

5 brokerages have issued 12 month target prices for nVent Electric's stock. Their NVT share price forecasts range from $34.00 to $69.00. On average, they expect the company's share price to reach $55.25 in the next year. This suggests a possible upside of 2.1% from the stock's current price.
View analysts price targets for NVT
or view top-rated stocks among Wall Street analysts.

How have NVT shares performed in 2023?

nVent Electric's stock was trading at $38.47 on January 1st, 2023. Since then, NVT stock has increased by 40.7% and is now trading at $54.11.
View the best growth stocks for 2023 here
.

When is nVent Electric's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, October 27th 2023.
View our NVT earnings forecast
.

How were nVent Electric's earnings last quarter?

nVent Electric plc (NYSE:NVT) released its quarterly earnings results on Friday, July, 28th. The company reported $0.77 EPS for the quarter, topping analysts' consensus estimates of $0.68 by $0.09. The firm had revenue of $803 million for the quarter, compared to analysts' expectations of $809.05 million. nVent Electric had a net margin of 15.14% and a trailing twelve-month return on equity of 16.85%. The company's quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.57 earnings per share.

How often does nVent Electric pay dividends? What is the dividend yield for nVent Electric?

nVent Electric announced a quarterly dividend on Friday, May 12th. Investors of record on Friday, July 21st will be paid a dividend of $0.175 per share on Friday, August 4th. This represents a $0.70 annualized dividend and a dividend yield of 1.29%. The ex-dividend date is Thursday, July 20th.
Read our dividend analysis for NVT
.

Is nVent Electric a good dividend stock?

nVent Electric (NYSE:NVT) pays an annual dividend of $0.70 per share and currently has a dividend yield of 1.31%. The dividend payout ratio is 25.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NVT will have a dividend payout ratio of 21.94% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NVT.

What guidance has nVent Electric issued on next quarter's earnings?

nVent Electric issued an update on its third quarter 2023 earnings guidance on Monday, July, 31st. The company provided earnings per share (EPS) guidance of $0.72-$0.74 for the period, compared to the consensus estimate of $0.73. The company issued revenue guidance of $864.20 million-$879.10 million, compared to the consensus revenue estimate of $877.98 million.

What is Beth Wozniak's approval rating as nVent Electric's CEO?

31 employees have rated nVent Electric Chief Executive Officer Beth Wozniak on Glassdoor.com. Beth Wozniak has an approval rating of 75% among the company's employees.

What other stocks do shareholders of nVent Electric own?

Based on aggregate information from My MarketBeat watchlists, some companies that other nVent Electric investors own include Pentair (PNR), AbbVie (ABBV), AT&T (T), Waste Connections (WCN), Pfizer (PFE), QUALCOMM (QCOM), Allena Pharmaceuticals (ALNA), Caterpillar (CAT), CenterPoint Energy (CNP) and CVS Health (CVS).

What is nVent Electric's stock symbol?

nVent Electric trades on the New York Stock Exchange (NYSE) under the ticker symbol "NVT."

Who are nVent Electric's major shareholders?

nVent Electric's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.05%), Franklin Resources Inc. (3.47%), State Street Corp (2.88%), Nuveen Asset Management LLC (2.78%), Nuveen Asset Management LLC (2.78%) and Dimensional Fund Advisors LP (2.14%). Insiders that own company stock include Beth Wozniak, Greg Scheu, Herbert K Parker, Jerry W Burris, Joseph A Ruzynski, Lynnette R Heath, Michael B Faulconer, Randall J Hogan, Randolph A Wacker, Ronald Merriman, Sara E Zawoyski and Sara E Zawoyski.
View institutional ownership trends
.

How do I buy shares of nVent Electric?

Shares of NVT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is nVent Electric's stock price today?

One share of NVT stock can currently be purchased for approximately $54.11.

How much money does nVent Electric make?

nVent Electric (NYSE:NVT) has a market capitalization of $8.97 billion and generates $2.91 billion in revenue each year. The company earns $399.80 million in net income (profit) each year or $2.72 on an earnings per share basis.

How many employees does nVent Electric have?

The company employs 10,400 workers across the globe.

How can I contact nVent Electric?

nVent Electric's mailing address is THE MILLE 1000 GREAT WEST ROAD 8TH FLOOR (EAST), LONDON X0, TW8 9DW. The official website for the company is www.nvent.com. The company can be reached via phone at 442039660279 or via email at jc.weigelt@nvent.com.

This page (NYSE:NVT) was last updated on 9/26/2023 by MarketBeat.com Staff

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