nVent Electric (NVT) Competitors

$75.72
+1.28 (+1.72%)
(As of 04/26/2024 ET)

NVT vs. FLEX, JKHY, JNPR, LOGI, AZPN, BRKR, ALAB, TWLO, PAYC, and PATH

Should you be buying nVent Electric stock or one of its competitors? The main competitors of nVent Electric include Flex (FLEX), Jack Henry & Associates (JKHY), Juniper Networks (JNPR), Logitech International (LOGI), Aspen Technology (AZPN), Bruker (BRKR), Astera Labs (ALAB), Twilio (TWLO), Paycom Software (PAYC), and UiPath (PATH). These companies are all part of the "computer and technology" sector.

nVent Electric vs.

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

94.3% of Flex shares are held by institutional investors. Comparatively, 90.1% of nVent Electric shares are held by institutional investors. 0.6% of Flex shares are held by insiders. Comparatively, 2.5% of nVent Electric shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Flex presently has a consensus price target of $34.20, indicating a potential upside of 18.59%. nVent Electric has a consensus price target of $81.60, indicating a potential upside of 8.34%. Given nVent Electric's stronger consensus rating and higher probable upside, research analysts clearly believe Flex is more favorable than nVent Electric.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Flex
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00
nVent Electric
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.86

Flex has a beta of 1.19, meaning that its stock price is 19% more volatile than the S&P 500. Comparatively, nVent Electric has a beta of 1.35, meaning that its stock price is 35% more volatile than the S&P 500.

In the previous week, Flex had 7 more articles in the media than nVent Electric. MarketBeat recorded 18 mentions for Flex and 11 mentions for nVent Electric. Flex's average media sentiment score of 1.22 beat nVent Electric's score of 0.37 indicating that nVent Electric is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Flex
5 Very Positive mention(s)
3 Positive mention(s)
9 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
nVent Electric
8 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Flex received 361 more outperform votes than nVent Electric when rated by MarketBeat users. However, 62.77% of users gave nVent Electric an outperform vote while only 62.19% of users gave Flex an outperform vote.

CompanyUnderperformOutperform
FlexOutperform Votes
533
62.19%
Underperform Votes
324
37.81%
nVent ElectricOutperform Votes
172
62.77%
Underperform Votes
102
37.23%

Flex has higher revenue and earnings than nVent Electric. Flex 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
Flex$30.35B0.40$793M$1.6817.23
nVent Electric$3.26B3.83$567.10M$3.3722.35

nVent Electric has a net margin of 17.38% compared to nVent Electric's net margin of 2.56%. Flex's return on equity of 17.53% beat nVent Electric's return on equity.

Company Net Margins Return on Equity Return on Assets
Flex2.56% 16.24% 4.71%
nVent Electric 17.38%17.53%8.99%

Summary

nVent Electric beats Flex on 11 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NVT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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.
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NVT vs. The Competition

MetricnVent ElectricSpecial industry machinery, except metalworking machinery IndustryComputer SectorNYSE Exchange
Market Cap$12.50B$7.34B$17.84B$17.49B
Dividend Yield1.03%0.77%2.74%3.53%
P/E Ratio22.3522.68232.8622.20
Price / Sales3.833.72524.4910.52
Price / Cash18.4419.7527.7517.68
Price / Book3.963.376.614.88
Net Income$567.10M$444.89M$564.94M$964.96M
7 Day Performance5.14%0.96%2.64%1.88%
1 Month Performance0.55%-4.13%-2.09%-1.52%
1 Year Performance76.68%29.98%17.04%103.92%

nVent Electric Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FLEX
Flex
2.0949 of 5 stars
$28.53
+3.3%
$34.20
+19.9%
+45.8%$12.02B$30.35B16.98172,000Upcoming Earnings
JKHY
Jack Henry & Associates
4.3757 of 5 stars
$166.48
+1.0%
$172.42
+3.6%
+6.4%$12.13B$2.08B32.587,120
JNPR
Juniper Networks
3.5328 of 5 stars
$35.90
-0.6%
$34.27
-4.5%
+12.8%$11.65B$5.56B37.793,374Analyst Report
Analyst Revision
News Coverage
LOGI
Logitech International
3.5665 of 5 stars
$79.01
+1.0%
$92.43
+17.0%
+41.4%$12.50B$4.54B25.822,400Upcoming Earnings
Analyst Report
Short Interest ↓
AZPN
Aspen Technology
1.4418 of 5 stars
$198.19
+0.6%
$210.25
+6.1%
-14.8%$12.59B$1.04B-146.811,014News Coverage
Positive News
BRKR
Bruker
4.7672 of 5 stars
$82.46
+5.7%
$84.86
+2.9%
+4.7%$11.35B$2.96B28.249,707Upcoming Earnings
News Coverage
Gap Up
ALAB
Astera Labs
0 of 5 stars
$71.72
+9.0%
$86.09
+20.0%
N/A$10.94BN/A0.00225Quiet Period Expiration
TWLO
Twilio
4.1859 of 5 stars
$60.33
+2.9%
$68.90
+14.2%
+13.8%$10.92B$4.15B-10.895,867
PAYC
Paycom Software
4.884 of 5 stars
$188.09
+0.7%
$257.18
+36.7%
-35.4%$10.82B$1.69B31.887,308Upcoming Earnings
PATH
UiPath
3.9823 of 5 stars
$19.54
+3.4%
$27.41
+40.3%
+34.6%$10.75B$1.31B-114.934,035

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This page (NYSE:NVT) was last updated on 4/26/2024 by MarketBeat.com Staff

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