nVent Electric plc (NVT)

Market Cap	11.46B
Revenue (ttm)	3.54B
Net Income (ttm)	576.00M
Shares Out	164.82M
EPS (ttm)	3.42
PE Ratio	20.29
Forward PE	24.12
Dividend	$0.76 (1.09%)
Ex-Dividend Date	Oct 18, 2024

Volume	1,327,529
Open	68.78
Previous Close	69.61
Day's Range	68.44 - 71.17
52-Week Range	55.19 - 86.57
Beta	1.24
Analysts	Strong Buy
Price Target	85.50 (+22.93%)
Earnings Date	Feb 4, 2025

About 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...

• Industry: Electrical Equipment & Parts
• Sector: Industrials
• Founded: 1903
• Employees: 11,300
• Stock Exchange: NYSE
• Ticker Symbol: NVT
• Website: https://www.nvent.com

Financial Performance

In 2023, nVent Electric's revenue was $3.26 billion, an increase of 12.19% compared to the previous year's $2.91 billion. Earnings were $567.10 million, an increase of 41.85%.

Analyst Forecast

According to 6 analysts, the average rating for NVT stock is "Strong Buy." The 12-month stock price forecast is $85.5, which is an increase of 22.93% from the latest price.

Price Target

$85.5

(22.93% upside)

Analyst Consensus: Strong Buy