Free Trial

nVent Electric (NVT) Competitors

nVent Electric logo
$75.32 +0.88 (+1.18%)
(As of 12/11/2024 ET)

NVT vs. BKR, SYM, BWXT, ESAB, SPXC, MOG.B, WFRD, CHX, WHD, and HAYW

Should you be buying nVent Electric stock or one of its competitors? The main competitors of nVent Electric include Baker Hughes (BKR), Symbotic (SYM), BWX Technologies (BWXT), ESAB (ESAB), SPX Technologies (SPXC), Moog (MOG.B), Weatherford International (WFRD), ChampionX (CHX), Cactus (WHD), and Hayward (HAYW). These companies are all part of the "machinery" industry.

nVent Electric vs.

nVent Electric (NYSE:NVT) and Baker Hughes (NASDAQ:BKR) are both large-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their risk, institutional ownership, media sentiment, analyst recommendations, earnings, profitability, dividends, valuation and community ranking.

nVent Electric pays an annual dividend of $0.76 per share and has a dividend yield of 1.0%. Baker Hughes pays an annual dividend of $0.84 per share and has a dividend yield of 2.0%. nVent Electric pays out 22.3% of its earnings in the form of a dividend. Baker Hughes pays out 37.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

nVent Electric has a beta of 1.25, meaning that its stock price is 25% more volatile than the S&P 500. Comparatively, Baker Hughes has a beta of 1.4, meaning that its stock price is 40% more volatile than the S&P 500.

nVent Electric received 47 more outperform votes than Baker Hughes when rated by MarketBeat users. Likewise, 64.21% of users gave nVent Electric an outperform vote while only 63.26% of users gave Baker Hughes an outperform vote.

CompanyUnderperformOutperform
nVent ElectricOutperform Votes
183
64.21%
Underperform Votes
102
35.79%
Baker HughesOutperform Votes
136
63.26%
Underperform Votes
79
36.74%

Baker Hughes has higher revenue and earnings than nVent Electric. Baker Hughes is trading at a lower price-to-earnings ratio than nVent Electric, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
nVent Electric$3.26B3.80$567.10M$3.4122.09
Baker Hughes$25.51B1.65$1.94B$2.2319.04

nVent Electric presently has a consensus target price of $85.50, indicating a potential upside of 13.52%. Baker Hughes has a consensus target price of $44.76, indicating a potential upside of 5.43%. Given nVent Electric's stronger consensus rating and higher possible upside, equities analysts clearly believe nVent Electric is more favorable than Baker Hughes.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
nVent Electric
0 Sell rating(s)
0 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
3.00
Baker Hughes
0 Sell rating(s)
2 Hold rating(s)
17 Buy rating(s)
0 Strong Buy rating(s)
2.89

In the previous week, nVent Electric had 1 more articles in the media than Baker Hughes. MarketBeat recorded 20 mentions for nVent Electric and 19 mentions for Baker Hughes. nVent Electric's average media sentiment score of 1.37 beat Baker Hughes' score of 1.19 indicating that nVent Electric is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
nVent Electric
13 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Baker Hughes
14 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

nVent Electric has a net margin of 16.95% compared to Baker Hughes' net margin of 8.20%. nVent Electric's return on equity of 15.66% beat Baker Hughes' return on equity.

Company Net Margins Return on Equity Return on Assets
nVent Electric16.95% 15.66% 7.96%
Baker Hughes 8.20%13.77%5.86%

90.1% of nVent Electric shares are owned by institutional investors. Comparatively, 92.1% of Baker Hughes shares are owned by institutional investors. 2.5% of nVent Electric shares are owned by company insiders. Comparatively, 0.3% of Baker Hughes shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

nVent Electric beats Baker Hughes on 14 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

NVT vs. The Competition

MetricnVent ElectricSpecial industry machinery, except metalworking machinery IndustryComputer SectorNYSE Exchange
Market Cap$12.41B$8.72B$24.93B$20.11B
Dividend Yield0.99%0.62%2.68%3.47%
P/E Ratio22.0928.55273.5443.37
Price / Sales3.804.243,811.6319.42
Price / Cash19.2324.0434.6818.54
Price / Book3.964.147.855.53
Net Income$567.10M$444.89M$661.74M$987.20M
7 Day Performance-3.05%-1.56%2.24%-0.20%
1 Month Performance-0.86%0.92%6.91%1.40%
1 Year Performance31.38%24.55%24.81%23.06%

nVent Electric Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NVT
nVent Electric
4.481 of 5 stars
$75.32
+1.2%
$85.50
+13.5%
+33.2%$12.41B$3.26B22.0911,300Analyst Forecast
Options Volume
Positive News
BKR
Baker Hughes
4.1287 of 5 stars
$41.31
-2.8%
$44.76
+8.4%
+30.6%$40.88B$25.51B18.5258,000Analyst Downgrade
Analyst Revision
Positive News
SYM
Symbotic
3.7944 of 5 stars
$27.95
+0.1%
$42.54
+52.2%
-46.9%$16.37B$1.82B0.001,650Insider Trade
Short Interest ↑
Analyst Revision
Gap Up
BWXT
BWX Technologies
3.5141 of 5 stars
$121.91
-3.3%
$122.43
+0.4%
+54.3%$11.15B$2.50B41.737,800Positive News
ESAB
ESAB
3.3963 of 5 stars
$126.94
-1.1%
$129.00
+1.6%
+56.1%$7.67B$2.77B30.079,000Positive News
SPXC
SPX Technologies
2.1044 of 5 stars
$158.87
-0.4%
$164.00
+3.2%
+79.5%$7.37B$1.92B43.874,100Analyst Revision
News Coverage
MOG.B
Moog
N/A$215.91
flat
N/A+48.6%$6.91B$3.61B33.6814,000Gap Down
WFRD
Weatherford International
4.9532 of 5 stars
$79.64
+2.7%
$147.29
+84.9%
-7.2%$5.79B$5.14B10.9018,500Analyst Forecast
Positive News
CHX
ChampionX
4.6275 of 5 stars
$29.45
+2.0%
$41.33
+40.4%
+2.3%$5.61B$3.76B18.267,100Dividend Announcement
Short Interest ↓
Positive News
WHD
Cactus
2.8496 of 5 stars
$64.89
+1.5%
$56.40
-13.1%
+57.0%$5.16B$1.10B22.681,600
HAYW
Hayward
3.6583 of 5 stars
$15.95
-0.6%
$16.80
+5.3%
+28.5%$3.44B$992.45M38.211,875

Related Companies and Tools


This page (NYSE:NVT) was last updated on 12/12/2024 by MarketBeat.com Staff
From Our Partners