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NYSE:NVT

nVent Electric (NVT) Stock Price, News & Analysis

$70.54
+0.21 (+0.30%)
(As of 07/26/2024 ET)
Today's Range
$70.35
$72.92
50-Day Range
$70.33
$85.43
52-Week Range
$45.60
$86.57
Volume
1.92 million shs
Average Volume
1.40 million shs
Market Capitalization
$11.71 billion
P/E Ratio
20.57
Dividend Yield
1.08%
Price Target
$89.00

nVent Electric MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
26.2% Upside
$89.00 Price Target
Short Interest
Healthy
0.97% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.01mentions of nVent Electric in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.17%
From $3.27 to $3.57 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.29 out of 5 stars

Computer And Technology Sector

129th out of 612 stocks

Special Industry Machinery, Except Metalworking Machinery Industry

2nd out of 4 stocks

NVT stock logo

About nVent Electric Stock (NYSE:NVT)

nVent Electric plc, together with its subsidiaries, designs, manufactures, markets, installs, and services electrical connection and protection solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company operates through three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management. The Enclosures segment provides solutions to protect electronics and data in mission critical applications, including data solutions. This segment also offers digital and automation solutions, system integrations, and global services. The Electrical & Fastening Solutions segment provides solutions that connect and protect power and data infrastructure. This segment also offers power connections, fastening solutions, cable management solutions, grounding and bonding systems, and tools and test instruments. The Thermal Management segment offers heat management solutions that protect people and assets. This segment includes heat tracing for freeze protection and process temperature maintenance and control; pipe freeze protection, surface deicing, hot water temperature maintenance, floor heating, fire-rated wiring, and leak detection; and heat trace systems, connected controls, remote monitoring, and annual service programs. The company markets its products through electrical distributors, contractors, and original equipment manufacturers under the CADDY, ERICO, GARDNER BENDER, HOFFMAN, ILSCO, RAYCHEM, SCHROFF, and TRACER brand names. Its products are used for various applications, such as industrial, commercial and residential, infrastructure, and energy. nVent Electric plc was founded in 1903 and is based in London, the United Kingdom.

NVT Stock Price History

NVT Stock News Headlines

625,000% Gain
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nVent Completes Acquisition of Trachte
625,000% Gain
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nVent Electric: Growth To Continue Further In 2024
nVent to Acquire Trachte
nVent Announces Share Repurchase Authorization
nVent Announces Quarterly Cash Dividend
See More Headlines
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Company Calendar

Ex-Dividend for 5/10 Dividend
4/25/2024
Last Earnings
5/03/2024
Dividend Payable
5/10/2024
Ex-Dividend for 8/2 Dividend
7/19/2024
Today
7/26/2024
Dividend Payable
8/02/2024
Next Earnings (Confirmed)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Special industry machinery, except metalworking machinery
Sub-Industry
N/A
Fax
N/A
Employees
11,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$89.00
High Stock Price Target
$95.00
Low Stock Price Target
$83.00
Potential Upside/Downside
+26.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$567.10 million
Pretax Margin
15.31%

Debt

Sales & Book Value

Annual Sales
$3.26 billion
Cash Flow
$3.96 per share
Book Value
$19.03 per share

Miscellaneous

Free Float
161,869,000
Market Cap
$11.71 billion
Optionable
Optionable
Beta
1.31
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NVT Stock Analysis - Frequently Asked Questions

How have NVT shares performed this year?

nVent Electric's stock was trading at $59.09 at the beginning of the year. Since then, NVT shares have increased by 19.4% and is now trading at $70.54.
View the best growth stocks for 2024 here
.

How were nVent Electric's earnings last quarter?

nVent Electric plc (NYSE:NVT) released its earnings results on Friday, May, 3rd. The company reported $0.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.73 by $0.04. The firm's revenue was up 18.0% on a year-over-year basis.

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.

Who are nVent Electric's major shareholders?

nVent Electric's top institutional investors include Bank of New York Mellon Corp (0.85%), Vaughan Nelson Investment Management L.P. (0.31%), Ceredex Value Advisors LLC (0.30%) and Retirement Systems of Alabama (0.24%). Insiders that own company stock include Sara E Zawoyski, Jerry W Burris, Joseph A Ruzynski, Michael B Faulconer, Lynnette R Heath, Randolph A Wacker, Greg Scheu, Randall J Hogan, Beth Wozniak, Herbert K Parker and Ronald Merriman.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of nVent Electric own?

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

This page (NYSE:NVT) was last updated on 7/27/2024 by MarketBeat.com Staff

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