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nVent Electric (NVT)
NYSE:NVT
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NVT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$56.44 - $86.57
Previous CloseN/A
Volume403.78K
Average Volume (3M)1.30M
Market Cap
$11.92B
Enterprise Value$14.04B
Total Cash (Recent Filing)$21.50M
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)21.1
Beta1.61
Next Earnings
Feb 11, 2025EPS Estimate
0.59Last Dividend Ex-Date
Jan 17, 2025Dividend Yield1.05%
Share Statistics
EPS (TTM)3.42
Shares Outstanding164,815,780
10 Day Avg. Volume1,299,126
30 Day Avg. Volume1,304,444
Standard Deviation0.09
R-Squared0.51
Alpha0.00807
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.51
Price to Cash Flow (P/CF)15.10
P/FCF Ratio13.90
Enterprise Value/Market Cap1.18
Enterprise Value/Revenue4.13
Enterprise Value/Gross Profit10.46
Enterprise Value/Ebitda18.73
Forecast
1Y Price Target
$86.75Price Target Upside19.95% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
nVent Electric News
Bulls Say, Bears Say
Bulls Say
Capital DeploymentConfidence in management's discipline on capital deployment and efforts to reduce stranded costs.
Electrification ThemeNVT has a favorable exposure to the Electrification theme and a strong history of execution.
Portfolio OptimizationSelling the Thermal Management business supports a higher valuation multiple compared to NVT's historical performance.
Bears Say
Financial PerformanceThe dilution from the Thermal divestment was larger than estimated, leading to a lower overall operating profit estimate.
Stock ReactionThe stock reacted poorly, with a decline of 8% versus a nearly unchanged S&P on the day of the Q3 report.
ValuationSome investors highlighted that the valuation of NVT is not cheap following its run-up, with the stock closing at a 2024 P/E of 27X.
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Ownership Overview
0.73% Insiders
31.78% Mutual Funds
0.78% Other Institutional Investors
44.51% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NVT FAQ
What was nVent Electric’s price range in the past 12 months?
nVent Electric lowest stock price was $56.44 and its highest was $86.57 in the past 12 months.
What is nVent Electric’s market cap?
nVent Electric’s market cap is $11.92B.
When is nVent Electric’s upcoming earnings report date?
nVent Electric’s upcoming earnings report date is Feb 11, 2025 which is in 20 days.
How were nVent Electric’s earnings last quarter?
nVent Electric released its earnings results on Nov 01, 2024. The company reported $0.63 earnings per share for the quarter, missing the consensus estimate of $0.813 by -$0.183.
Is nVent Electric overvalued?
According to Wall Street analysts nVent Electric’s price is currently Undervalued.
Does nVent Electric pay dividends?
nVent Electric pays a Quarterly dividend of $0.767 which represents an annual dividend yield of 1.05%. See more information on nVent Electric dividends here
What is nVent Electric’s EPS estimate?
nVent Electric’s EPS estimate is 0.59.
How many shares outstanding does nVent Electric have?
nVent Electric has 164,815,780 shares outstanding.
What happened to nVent Electric’s price movement after its last earnings report?
nVent Electric reported an EPS of $0.63 in its last earnings report, missing expectations of $0.813. Following the earnings report the stock price went down -8.432%.
Which hedge fund is a major shareholder of nVent Electric?
Among the largest hedge funds holding nVent Electric’s share is Mairs & Power Inc. It holds nVent Electric’s shares valued at 168M.
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nVent Electric Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$86.75 (19.95% Upside)
$86.75 (19.95% Upside)
Blogger Sentiment
Bullish
NVT Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 122.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $6.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.3%
Last 30 Days ▼ 3.7%
Last 30 Days ▼ 3.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
31.46%
12-Months-Change
Fundamentals
Return on Equity
17.66%
Trailing 12-Months
Asset Growth
16.75%
Trailing 12-Months
Company Description
nVent Electric
nVent Electric Plc engages in the provision of electrical connection and protection solutions. It operates through the following segments: Enclosures, Thermal Management, and Electrical & Fastening Solutions. The Enclosures segment offers solutions that protect, connect, and manage heat in critical electronics, communication, control, and power equipment. The Thermal Management segment includes electric thermal solutions that connect and protect critical buildings, infrastructure, industrial processes, and people. The Electrical & Fastening Solution segment consists of fastening solutions that connect and protect electrical and mechanical systems and civil structures. The company was founded on May 30, 2017 and is headquartered in London, the United Kingdom.
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NVT Company Deck
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NVT Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call revealed strong sales growth and financial performance, particularly in infrastructure and data solutions, despite challenges in some segments and geographic markets. The company is progressing well with acquisitions and investments but faces macroeconomic uncertainties.Read More>---
NVT Stock 12 Month Forecast
Average Price Target
$86.75
▲(19.95% Upside)
Technical Analysis
A. O. Smith Corporation
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Applied Industrial Technologies
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IDEX
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Hubbell B
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Rockwell Automation
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Eaton
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Best Analysts Covering NVT
1 Year
1 Year Success Rate
32/36 ratings generated profit
1 Year Average Return
+39.48%
reiterated a buy rating 20 days ago
Copying Deane Dray's trades and holding each position for 1 Year would result in 88.89% of your transactions generating a profit, with an average return of +39.48% per trade.
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