nVent Electric plc (NVT)

NYSE: NVT · IEX Real-Time Price · USD
42.60
+0.66 (1.57%)
Mar 21, 2023, 4:00 PM EDT - Market closed
1.57%
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... [Read more]

Sector Industrials
Founded 1903
Employees 9,900
Stock Exchange NYSE
Ticker Symbol NVT
Full Company Profile

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%.

Financial Statements

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
Stock Forecasts

News

nVent Electric PLC (NVT) Hit a 52 Week High, Can the Run Continue?

nVent (NVT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

2 weeks ago - Zacks Investment Research

3 Electronics Stocks to Escape Pandemic-Led Disruptions

The pandemic-led disruptions hurt the Zacks Electronics - Miscellaneous Components industry. Industry players like NVT, FN and CTS are set to gain from IoT and automation prospects.

Other symbols: CTSFN
2 weeks ago - Zacks Investment Research

nVent Announces Quarterly Cash Dividend

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) announced today that it will pay a regular quarterly cash dividend of US$0.175 per ordinary share on May 12, 2023, to shareholders of record at ...

3 weeks ago - Business Wire

nVent Electric plc to Host Live Webcast of Investor and Analyst Meeting on March 7

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced it will host a meeting with institutional investors...

1 month ago - Business Wire

nVent Electric plc to Participate in the Barclays Industrial Select Conference

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced its participation in the Barclays Industrial Select...

1 month ago - Business Wire

nVent Electric PLC (NVT) Hits Fresh High: Is There Still Room to Run?

nVent (NVT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

1 month ago - Zacks Investment Research

nVent Electric plc Fourth Quarter and Full Year 2022 Financial Results Available on Company's Website

nVent Electric plc Fourth Quarter and Full Year 2022 Financial Results Available on Company's Website

1 month ago - Business Wire

Can nVent (NVT) Keep the Earnings Surprise Streak Alive?

nVent (NVT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

1 month ago - Zacks Investment Research

nVent Electric plc to Release Fourth Quarter and Full Year 2022 Financial Results and Host Earnings Conference Call on Tuesday, February 7

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, will report fourth quarter and full year 2022 financial results o...

2 months ago - Business Wire

nVent Earns EcoVadis Silver Sustainability Rating; Overall Score Improves

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced that it was awarded a silver sustainability ratin...

2 months ago - Business Wire

Time to Buy These 2 Tech Stocks for 2023?

Considering their current valuation and earnings growth, Ciena (CIEN) and nVent (NVT) both look poised for a strong 2023.

Other symbols: CIEN
3 months ago - Zacks Investment Research

New Strong Buy Stocks for December 12th

HLAN, SHBI, BCS, WTFC and NVT have been added to the Zacks Rank #1 (Strong Buy) List on December 12, 2022.

Other symbols: BCSSHBIWTFC
3 months ago - Zacks Investment Research

Best Income Stocks to Buy for December 12th

UBSI, HLAN and NVT made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 12, 2022.

Other symbols: UBSI
3 months ago - Zacks Investment Research

nVent (NVT) Moves to Strong Buy: Rationale Behind the Upgrade

nVent (NVT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

3 months ago - Zacks Investment Research

Best Income Stocks to Buy for December 8th

OFS, PAX and NVT made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 8, 2022.

Other symbols: OFSPAX
3 months ago - Zacks Investment Research

Should You Buy nVent Electric (NVT) After Golden Cross?

Should investors be excited or worried when a stock's 50 -day simple moving average crosses above the 200-day simple moving average?

4 months ago - Zacks Investment Research

nVent Electric PLC (NVT) Soars to 52-Week High, Time to Cash Out?

nVent (NVT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

4 months ago - Zacks Investment Research

New nVent HOFFMAN Cable Entry System Portfolio, Enabling Faster Feedthrough for Easier Assembly, To Be Showcased at Automation Fair

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, will preview its new user-friendly portfolio of nVent HOFFMAN Cable...

4 months ago - Business Wire

nVent HOFFMAN Software Will Simplify Engineering Processes and Connect Fabrication and Workers to Drive Productivity

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced it will preview its upcoming digital manufacturing ...

4 months ago - Business Wire

Are Computer and Technology Stocks Lagging nVent Electric (NVT) This Year?

Here is how nVent Electric (NVT) and Richardson Electronics (RELL) have performed compared to their sector so far this year.

4 months ago - Zacks Investment Research

nVent Electric plc to Participate in Upcoming Investor Events

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced its participation in the following investor events:...

4 months ago - Business Wire

NVent Electric (NVT) Q3 Earnings and Revenues Beat Estimates

nVent (NVT) delivered earnings and revenue surprises of 11.86% and 4.74%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

nVent Electric plc Third Quarter 2022 Financial Results Available on Company's Website

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, reported third quarter 2022 financial results today through an earn...

5 months ago - Business Wire

nVent Electric plc to Release Third Quarter 2022 Financial Results and Host Earnings Conference Call on Friday, October 28

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, will report third quarter 2022 financial results on Friday, October...

5 months ago - Business Wire

nVent Electric plc to Participate in the Morgan Stanley 10th Annual Laguna Conference

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced its participation in the Morgan Stanley 10th Annual...

7 months ago - Business Wire