nVent Electric PLC's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 8/183 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 120.43.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
nVent Electric PLC's Score
Industry at a Glance
Industry Ranking
8 / 183
Overall Ranking
55 / 4582
Industry
Machinery, Tools, Heavy Vehicles, Trains & Ships
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
14
analysts
Buy
Current Rating
120.429
Target Price
+12.44%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
nVent Electric PLC Highlights
StrengthsRisks
nVent Electric plc is a global provider of systems protection and electrical connection solutions. The Company designs, manufactures, markets, installs and services high performance products and solutions that connect and protect some of the sensitive equipment, buildings and critical processes. The Company operates through two segments: Systems Protection and Electrical Connections. The Company’s Systems Protection segment provides solutions to help protect electronics, systems and data in mission-critical applications, including data centers, that improve reliability and energy efficiency. It also includes enclosures, switchgear and bus systems businesses. Its Electrical Connections segment provides solutions that connect power and data infrastructure. Its offerings enhance end user safety, reduce installation time and provide resiliency for critical systems. Its robust portfolio of electrical product brands includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 30.98% year-on-year.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 53.36%.
Overvalued
The company’s latest PE is 27.43, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 164.84M shares, decreasing 5.48% quarter-over-quarter.
nVent Electric plc is a global provider of systems protection and electrical connection solutions. The Company designs, manufactures, markets, installs and services high performance products and solutions that connect and protect some of the sensitive equipment, buildings and critical processes. The Company operates through two segments: Systems Protection and Electrical Connections. The Company’s Systems Protection segment provides solutions to help protect electronics, systems and data in mission-critical applications, including data centers, that improve reliability and energy efficiency. It also includes enclosures, switchgear and bus systems businesses. Its Electrical Connections segment provides solutions that connect power and data infrastructure. Its offerings enhance end user safety, reduce installation time and provide resiliency for critical systems. Its robust portfolio of electrical product brands includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE.