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As of close of business last night, nVent Electric plc’s stock clocked out at $67.34, down -0.27% from its previous closing price of $67.52. In other words, the price has decreased by -$0.27 from its previous closing price. On the day, 1.87 million shares were traded.
Ratios:
To gain a deeper understanding of NVT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 84.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.50. For the most recent quarter (mrq), Quick Ratio is recorded 1.28 and its Current Ratio is at 1.73. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.65.
On March 11, 2024, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $83.
On October 03, 2023, Citigroup started tracking the stock assigning a Buy rating and target price of $62.Citigroup initiated its Buy rating on October 03, 2023, with a $62 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 25 ’24 when BURRIS JERRY W sold 6,558 shares for $80.00 per share. The transaction valued at 524,640 led to the insider holds 45,040 shares of the business.
van der Kolk Robert J. sold 4,000 shares of NVT for $312,644 on Nov 22 ’24. The insiders below now owns 35,297 shares after completing the transaction at $78.16 per share. On Nov 25 ’24, another insider, BURRIS JERRY W, who serves as the Director of the company, bought 6,558 shares for $80.00 each.
Valuation Measures:
As of this moment, nVent’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.19, and their Forward P/E ratio for the next fiscal year is 19.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.37 while its Price-to-Book (P/B) ratio in mrq is 3.38.
Stock Price History:
Over the past 52 weeks, NVT has reached a high of $86.57, while it has fallen to a 52-week low of $56.44. The 50-Day Moving Average of the stock is -4.46%, while the 200-Day Moving Average is calculated to be -7.27%.
Shares Statistics:
A total of 164.82M shares are outstanding, with a floating share count of 162.91M. Insiders hold about 1.15% of the company’s shares, while institutions hold 92.17% stake in the company.
