nVent Electric plc (NYSE: NVT)’s stock price has decreased by -0.58 compared to its previous closing price of 63.27. However, the company has seen a -0.41% decrease in its stock price over the last five trading sessions. zacks.com reported 2025-02-03 that Beyond analysts’ top -and-bottom-line estimates for nVent (NVT), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Is It Worth Investing in nVent Electric plc (NYSE: NVT) Right Now?
The price-to-earnings ratio for nVent Electric plc (NYSE: NVT) is 18.39x, which is above its average ratio. Moreover, the 36-month beta value for NVT is 1.30. Analysts have varying opinions on the stock, with 7 analysts rating it as a “buy,” 3 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for NVT is 162.97M and currently, short sellers hold a 1.72% of that float. On February 05, 2025, NVT’s average trading volume was 1.72M shares.
NVT’s Market Performance
NVT’s stock has seen a -0.41% decrease for the week, with a -8.12% drop in the past month and a -15.65% fall in the past quarter. The volatility ratio for the week is 2.97%, and the volatility levels for the past 30 days are at 3.37% for nVent Electric plc The simple moving average for the past 20 days is -8.93% for NVT’s stock, with a -13.64% simple moving average for the past 200 days.
Analysts’ Opinion of NVT
Many brokerage firms have already submitted their reports for NVT stocks, with KeyBanc Capital Markets repeating the rating for NVT by listing it as a “Overweight.” The predicted price for NVT in the upcoming period, according to KeyBanc Capital Markets is $80 based on the research report published on September 04, 2024 of the previous year 2024.
Deutsche Bank, on the other hand, stated in their research note that they expect to see NVT reach a price target of $83. The rating they have provided for NVT stocks is “Buy” according to the report published on March 11th, 2024.
Citigroup gave a rating of “Buy” to NVT, setting the target price at $62 in the report published on October 03rd of the previous year.
NVT Trading at -12.59% 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 -27.34% of loss for the given period.
Volatility was left at 3.37%, however, over the last 30 days, the volatility rate increased by 2.97%, as shares sank -10.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.70% lower at present.
During the last 5 trading sessions, NVT fell by -0.41%, which changed the moving average for the period of 200-days by -13.29% in comparison to the 20-day moving average, which settled at $69.06. In addition, nVent Electric plc saw -7.72% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NVT starting from BURRIS JERRY W, who sale 6,558 shares at the price of $80.00 back on Nov 25 ’24. After this action, BURRIS JERRY W now owns 45,040 shares of nVent Electric plc, valued at $524,640 using the latest closing price.
van der Kolk Robert J., the below of nVent Electric plc, sale 4,000 shares at $78.16 during a trade that took place back on Nov 22 ’24, which means that van der Kolk Robert J. is holding 35,297 shares at $312,644 based on the most recent closing price.
Stock Fundamentals for NVT
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.41 for the gross margin
The net margin for nVent Electric plc stands at 0.17. The total capital return value is set at 0.1. Equity return is now at value 17.66, with 8.56 for asset returns.
Based on nVent Electric plc (NVT), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 0.72. The interest coverage ratio of the stock is 6.32.
Currently, EBITDA for the company is 720.3 million with net debt to EBITDA at 2.97. When we switch over and look at the enterprise to sales, we see a ratio of 3.71. The receivables turnover for the company is 5.91for trailing twelve months and the total asset turnover is 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.83.
Conclusion
To wrap up, the performance of nVent Electric plc (NVT) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
