nVent Electric plc (NYSE:NVT) went up by 4.62% from its latest closing price compared to the recent 1-year high of $33.46. The company’s stock price has collected -1.27% of loss in the last five trading sessions. Press Release reported on 07/16/21 that nVent Electric plc to Release Second Quarter 2021 Financial Results and Host Earnings Conference Call on Tuesday, August 3
Is It Worth Investing in nVent Electric plc (NYSE :NVT) Right Now?
nVent Electric plc (NYSE:NVT) scored a price-to-earnings ratio above its average ratio, recording 15160.00 x from its present earnings ratio. Opinions of the stock are interesting as 6 analysts out of 9 who provided ratings for nVent Electric plc declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $37.86, which is $6.82 above the current price. NVT currently public float of 166.52M and currently shorts hold a 1.11% ratio of that float. Today, the average trading volume of NVT was 725.11K shares.
NVT’s Market Performance
NVT stocks went down by -1.27% for the week, with a monthly jump of 1.51% and a quarterly performance of 4.01%, while its annual performance rate touched 57.67%. The volatility ratio for the week stands at 3.24% while the volatility levels for the past 30 days are set at 2.72% for nVent Electric plc. The simple moving average for the period of the last 20 days is -1.43% for NVT stocks with a simple moving average of 16.14% for the last 200 days.
Analysts’ Opinion of NVT
Many brokerage firms have already submitted their reports for NVT stocks, with Wolfe Research repeating the rating for NVT by listing it as a “Outperform.” The predicted price for NVT in the upcoming period, according to Wolfe Research is $31 based on the research report published on December 08th of the previous year 2020.
Wolfe Research, on the other hand, stated in their research note that they expect to see NVT reach a price target of $24. The rating they have provided for NVT stocks is “Peer Perform” according to the report published on September 15th, 2020.
RBC Capital Mkts gave a rating of “Outperform” to NVT, setting the target price at $31 in the report published on February 18th of the previous year.
NVT Trading at -3.41% from the 50-Day Moving Average
After a stumble in the market that brought NVT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.38% of loss for the given period.
Volatility was left at 2.72%, however, over the last 30 days, the volatility rate increased by 3.24%, as shares sank -1.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.53% lower at present.
During the last 5 trading sessions, NVT fell by -1.27%, which changed the moving average for the period of 200-days by +70.05% in comparison to the 20-day moving average, which settled at $30.74. In addition, nVent Electric plc saw 30.18% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at NVT starting from HOGAN RANDALL J, who sale 5,554 shares at the price of $32.00 back on Jul 01. After this action, HOGAN RANDALL J now owns 172,764 shares of nVent Electric plc, valued at $177,728 using the latest closing price.
Zawoyski Sara E, the EVP & Chief Financial Officer of nVent Electric plc, sale 1,954 shares at $32.00 during a trade that took place back on Jul 01, which means that Zawoyski Sara E is holding 29,338 shares at $62,528 based on the most recent closing price.
Stock Fundamentals for NVT
Current profitability levels for the company are sitting at:
- +13.84 for the present operating margin
- +37.50 for the gross margin
The net margin for nVent Electric plc stands at -2.36. The total capital return value is set at 7.78, while invested capital returns managed to touch -1.34. Equity return is now at value 0.00, with 0.00 for asset returns.
Based on nVent Electric plc (NVT), the company’s capital structure generated 41.41 points at debt to equity in total, while total debt to capital is 29.28. Total debt to assets is 22.86, with long-term debt to equity ratio resting at 39.99. Finally, the long-term debt to capital ratio is 28.28.
When we switch over and look at the enterprise to sales, we see a ratio of 2.41, with the company’s debt to enterprise value settled at 0.21. The receivables turnover for the company is 5.24 and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.70.