Nvent Electric Plc Stock Today

NVT Stock  USD 71.63  0.09  0.13%   

Performance

16 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
NVent Electric is selling for under 71.63 as of the 19th of April 2024; that is 0.13% increase since the beginning of the trading day. The stock's last reported lowest price was 71.06. NVent Electric has under 5 % chance of experiencing financial distress over the next 2 years and had a solid performance during the last 90 days. Equity ratings for nVent Electric PLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of April 2022 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
1st of May 2018
Category
Industrials
nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection products worldwide. The company was founded in 1903 and is based in London, the United Kingdom. NVent Electric operates under Electrical Equipment Parts classification in the United States and is traded on New York Stock Exchange. The company has 165.96 M outstanding shares of which 2 M shares are now shorted by investors with about 1.55 days to cover. More on nVent Electric PLC

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NVent Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. NVent Electric's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NVent Electric or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOBeth Wozniak
Thematic IdeaMachinery (View all Themes)
Old NameNavitas Limited
Business ConcentrationElectrical Components & Equipment, Electrical Equipment & Parts, Industrials, NYSE Composite, VN Index, SP Midcap 400, Machinery, Industrials, Electrical Equipment, Electrical Equipment & Parts, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering NVent Electric report their recommendations after researching NVent Electric's financial statements, talking to executives and customers, or listening in on NVent Electric's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering nVent Electric PLC. The NVent consensus assessment is calculated by taking the average forecast from all of the analysts covering NVent Electric.
Financial Strength
Based on the measurements of operating efficiency obtained from NVent Electric's historical financial statements, nVent Electric PLC may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of nVent Electric PLC is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.40.5297
Way Down
Pretty Stable
Gross Profit Margin0.310.4112
Way Down
Very volatile
Total Current Liabilities545.6 M733.6 M
Way Down
Slightly volatile
Non Current Liabilities Total1.5 B2.3 B
Way Down
Slightly volatile
Total Assets5.3 B6.2 B
Fairly Down
Slightly volatile
Total Current Assets968.8 M1.3 B
Way Down
Slightly volatile
Total Cash From Operating Activities420.1 M528.1 M
Significantly Down
Slightly volatile
NVent Electric's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to NVent Electric's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand NVent Electric's financial leverage. It provides some insight into what part of NVent Electric's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on NVent Electric's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how NVent Electric deploys its capital and how much of that capital is borrowed.
Liquidity
NVent Electric cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 1.9 B in debt with debt to equity (D/E) ratio of 0.44, which is OK given its current industry classification. nVent Electric PLC has a current ratio of 1.84, which is typical for the industry and considered as normal. Debt can assist NVent Electric until it has trouble settling it off, either with new capital or with free cash flow. So, NVent Electric's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like nVent Electric PLC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NVent to invest in growth at high rates of return. When we think about NVent Electric's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

1.45 Billion
nVent Electric PLC (NVT) is traded on New York Stock Exchange in USA. It is located in The Mille, London, United Kingdom, TW8 9DW and employs 11,300 people. NVent Electric is listed under Electrical Components & Equipment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 11.87 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NVent Electric's market, we take the total number of its shares issued and multiply it by NVent Electric's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. nVent Electric PLC runs under Electrical Equipment sector within Industrials industry. The entity has 165.96 M outstanding shares of which 2 M shares are now shorted by investors with about 1.55 days to cover. nVent Electric PLC has about 297.5 M in cash with 528.1 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.16.
Check NVent Electric Probability Of Bankruptcy
Ownership Allocation
nVent Electric PLC maintains a total of 165.96 Million outstanding shares. The majority of NVent Electric outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in nVent Electric PLC to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in nVent Electric PLC. Please pay attention to any change in the institutional holdings of NVent Electric as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check NVent Ownership Details

NVent Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of NVent Electric jumping above the current price in 90 days from now is about 25.52%. The nVent Electric PLC probability density function shows the probability of NVent Electric stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.615. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, NVent Electric will likely underperform. Additionally, nVent Electric PLC has an alpha of 0.2771, implying that it can generate a 0.28 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 71.63HorizonTargetOdds Above 71.63
74.35%90 days
 71.63 
25.52%
Based on a normal probability distribution, the odds of NVent Electric to move above the current price in 90 days from now is about 25.52 (This nVent Electric PLC probability density function shows the probability of NVent Stock to fall within a particular range of prices over 90 days) .

NVent Stock Institutional Holders

Institutional Holdings refers to the ownership stake in NVent Electric that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of NVent Electric's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing NVent Electric's value.
InstituionRecorded OnShares
Geode Capital Management, Llc2023-12-31
2.6 M
Clean Energy Transition Llp2023-12-31
2.5 M
Congress Asset Management Company, Llp2023-12-31
2.2 M
Dimensional Fund Advisors, Inc.2023-12-31
2.2 M
Hhg Plc2023-12-31
2.1 M
Clark Capital Management Group Inc2023-12-31
M
Norges Bank2023-12-31
1.9 M
Ariel Investments, Llc2023-12-31
1.8 M
Fiduciary Management, Inc. Of Milwaukee2023-12-31
1.8 M
Vanguard Group Inc2023-12-31
16.9 M
Blackrock Inc2023-12-31
15.1 M
View NVent Electric Diagnostics

NVent Electric Historical Income Statement

nVent Electric PLC Income Statement is one of the three primary financial statements used for reporting NVent's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of nVent Electric PLC revenue and expense. NVent Electric Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Interest Expense is likely to gain to about 83.4 M in 2024, whereas Tax Provision is likely to drop slightly above 57.3 M in 2024. View More Fundamentals

NVent Stock Against Markets

Picking the right benchmark for NVent Electric stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in NVent Electric stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for NVent Electric is critical whether you are bullish or bearish towards nVent Electric PLC at a given time. Please also check how NVent Electric's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in NVent Electric without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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NVent Electric Corporate Directors

NVent Electric corporate directors refer to members of a NVent Electric board of directors. The board of directors generally takes responsibility for the NVent Electric's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of NVent Electric's board members must vote for the resolution. The NVent Electric board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Jerry BurrisIndependent DirectorProfile
Herbert ParkerIndependent DirectorProfile
William MonahanLead Independent DirectorProfile
Greg ScheuIndependent DirectorProfile

How to buy NVent Stock?

Before investing in NVent Electric, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in NVent Electric. To buy NVent Electric stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of NVent Electric. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase NVent Electric stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located nVent Electric PLC stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased nVent Electric PLC stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as nVent Electric PLC, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy NVent Stock please use our How to Invest in NVent Electric guide.

Already Invested in nVent Electric PLC?

The danger of trading nVent Electric PLC is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of NVent Electric is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than NVent Electric. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile nVent Electric PLC is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether nVent Electric PLC is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if NVent Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nvent Electric Plc Stock. Highlighted below are key reports to facilitate an investment decision about Nvent Electric Plc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in nVent Electric PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running NVent Electric's price analysis, check to measure NVent Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NVent Electric is operating at the current time. Most of NVent Electric's value examination focuses on studying past and present price action to predict the probability of NVent Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NVent Electric's price. Additionally, you may evaluate how the addition of NVent Electric to your portfolios can decrease your overall portfolio volatility.
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Is NVent Electric's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NVent Electric. If investors know NVent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NVent Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.588
Dividend Share
0.715
Earnings Share
3.37
Revenue Per Share
19.708
Quarterly Revenue Growth
0.161
The market value of nVent Electric PLC is measured differently than its book value, which is the value of NVent that is recorded on the company's balance sheet. Investors also form their own opinion of NVent Electric's value that differs from its market value or its book value, called intrinsic value, which is NVent Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NVent Electric's market value can be influenced by many factors that don't directly affect NVent Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NVent Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if NVent Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NVent Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.