nVent Electric plc (NVT)

Market Cap	7.04B
Revenue (ttm)	2.91B
Net Income (ttm)	399.80M
Shares Out	165.35M
EPS (ttm)	2.38
PE Ratio	17.90
Forward PE	15.87
Dividend	$0.70 (1.64%)
Ex-Dividend Date	Jan 19, 2023

Volume	1,065,013
Open	42.85
Previous Close	41.94
Day's Range	42.20 - 43.17
52-Week Range	29.19 - 46.66
Beta	1.33
Analysts	Buy
Price Target	48.45 (+13.73%)
Earnings Date	May 5, 2023

About NVT

nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection products worldwide. The company operates through three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management. The Enclosures segment provides solutions to connect and protect critical electronics, communication, control, and power equipment; physical infrastructure solutions to host, connect, and protect server and network equipment; and indoor and outdoor protection for test and measurement and aerospace and d...

• Industry: Electrical Equipment & Parts
• Sector: Industrials
• Founded: 1903
• Employees: 9,900
• Stock Exchange: NYSE
• Ticker Symbol: NVT

Financial Performance

In 2022, nVent Electric's revenue was $2.91 billion, an increase of 18.16% compared to the previous year's $2.46 billion. Earnings were $399.80 million, an increase of 46.50%.

Analyst Forecast

According to 12 analysts, the average rating for NVT stock is "Buy." The 12-month stock price forecast is $48.45, which is an increase of 13.73% from the latest price.

Price Target

$48.45

(13.73% upside)

Analyst Consensus: Buy