nVent Electric plc (NYSE: NVT) is -15.18% lower on its value in year-to-date trading and has touched a low of $29.19 and a high of $39.53 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NVT stock was last observed hovering at around $32.99 in the last trading session, with the day’s loss setting it -0.76%.
Currently trading at $32.23, the stock is -4.73% and -5.15% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing -2.30% at the moment leaves the stock -6.72% off its SMA200. NVT registered 2.68% gain for a year compared to 6-month loss of -8.44%.
The stock witnessed a -8.28% gain in the last 1 month and extending the period to 3 months gives it a 2.87%, and is -4.33% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.81% over the week and 2.48% over the month.
nVent Electric plc (NVT) has around 9900 employees, a market worth around $5.56B and $2.73B in sales. Current P/E ratio is 18.87 and Fwd P/E is 13.33. Profit margin for the company is 10.60%. Distance from 52-week low is 10.41% and -18.47% from its 52-week high. The company has generated returns on investments over the last 12 months (8.40%).
nVent Electric plc (NVT) Analyst Forecasts
The EPS is expected to grow by 677.80% this year
nVent Electric plc (NVT) Top Institutional Holders
The shares outstanding are 166.40M, and float is at 165.29M with Short Float at 1.20%.
nVent Electric plc (NVT) Insider Activity
A total of 26 insider transactions have happened at nVent Electric plc (NVT) in the last six months, with sales accounting for 12 and purchases happening 14 times. The most recent transaction is an insider sale by Zawoyski Sara E, the company’s EVP & Chief Financial Officer. SEC filings show that Zawoyski Sara E sold 3,591 shares of the company’s common stock on Aug 16 at a price of $36.88 per share for a total of $0.13 million. Following the sale, the insider now owns 43927.0 shares.
nVent Electric plc disclosed in a document filed with the SEC on Aug 10 that Faulconer Michael B (President – Thermal Management) sold a total of 1,590 shares of the company’s common stock. The trade occurred on Aug 10 and was made at $35.71 per share for $56779.0. Following the transaction, the insider now directly holds 19106.0 shares of the NVT stock.
Still, SEC filings show that on Aug 10, Wacker Randolph A. (SVP & Chief Accounting Officer) disposed off 2,784 shares at an average price of $35.71 for $99419.0. The insider now directly holds 13,531 shares of nVent Electric plc (NVT).