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nVent Electric plc (NYSE: NVT) closed the day trading at $63.22 down -15.52% from the previous closing price of $74.83. In other words, the price has decreased by -$15.52 from its previous closing price. On the day, 6.72 million shares were traded. NVT stock price reached its highest trading level at $68.7099 during the session, while it also had its lowest trading level at $62.09.
Ratios:
For a better understanding of NVT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 76.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.80. For the most recent quarter (mrq), Quick Ratio is recorded 1.36 and its Current Ratio is at 1.83. In the meantime, Its Debt-to-Equity ratio is 0.72 whereas as Long-Term Debt/Eq ratio is at 0.70.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 insider 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NVT now has a Market Capitalization of 10419667968 and an Enterprise Value of 14566764544. As of this moment, nVent’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.48, and their Forward P/E ratio for the next fiscal year is 20.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.07 while its Price-to-Book (P/B) ratio in mrq is 3.17. Its current Enterprise Value per Revenue stands at 4.116 whereas that against EBITDA is 17.862.
Stock Price History:
The Beta on a monthly basis for NVT is 1.27, which has changed by 0.21793616 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. 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 -13.68%, while the 200-Day Moving Average is calculated to be -13.55%.
Shares Statistics:
Over the past 3-months, NVT traded about 1.62M shares per day on average, while over the past 10 days, NVT traded about 1422040 shares per day. A total of 164.82M shares are outstanding, with a floating share count of 162.98M. Insiders hold about 1.12% of the company’s shares, while institutions hold 92.75% stake in the company. Shares short for NVT as of 1735603200 were 2663634 with a Short Ratio of 1.65, compared to 1732838400 on 2649272. Therefore, it implies a Short% of Shares Outstanding of 2663634 and a Short% of Float of 1.8099998999999998.
Dividends & Splits
NVT’s forward annual dividend rate is 0.77, up from 0.76 a year ago. Against a Trailing Annual Dividend Yield of 0.010156354The stock’s 5-year Average Dividend Yield is 2.06.
