nVent Electric plc

Equities

NVT

IE00BDVJJQ56

Electrical Components & Equipment

Market Closed - Nyse Other stock markets 04:00:02 2024-04-25 pm EDT			5-day change	1st Jan Change
74.44 ^USD	+1.24%		+4.05%	+25.98%

Mar. 21	NVent Electric plc Opens New Life Cycle Services Center in Pasadena, Texas	CI
Mar. 15	Goldman Sachs Raises Price Target on nVent Electric to $77 From $69, Keeps Buy Rating	MT

NVent Electric plc Reports Earnings Results for the First Quarter Ended March 31, 2022

April 29, 2022 at 06:44 am EDT

nVent Electric plc reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 694.7 million compared to USD 548.9 million a year ago. Net income was USD 67.8 million compared to USD 65.4 million a year ago. Basic earnings per share from continuing operations was USD 0.41 compared to USD 0.39 a year ago. Diluted earnings per share from continuing operations was USD 0.4 compared to USD 0.39 a year ago.

Latest news about nVent Electric plc

NVent Electric plc Opens New Life Cycle Services Center in Pasadena, Texas	Mar. 21	CI
Goldman Sachs Raises Price Target on nVent Electric to $77 From $69, Keeps Buy Rating	Mar. 15	MT
Deutsche Bank Initiates Coverage on nVent Electric With Buy Rating, $83 Price Target	Mar. 11	MT
Nvent Electric Insider Sold Shares Worth $738,046, According to a Recent SEC Filing	Mar. 01	MT
Nvent Electric Insider Sold Shares Worth $502,010, According to a Recent SEC Filing	Feb. 22	MT
Transcript : NVent Electric plc Presents at Barclays 41st Annual Industrial Select Conference 2024, Feb-22-2024 09:45 AM	Feb. 22
NVent Electric Seeks M&A	Feb. 21	CI
Transcript : NVent Electric plc Presents at Citi's 2024 Global Industrial Tech and Mobility Conference, Feb-21-2024 10:30 AM	Feb. 21
NVent Electric plc Announces Quarterly Cash Dividend, Payable on May 10, 2024	Feb. 19	CI
Nvent Electric Insider Sold Shares Worth $11,818,090, According to a Recent SEC Filing	Feb. 12	MT
Nvent Electric Insider Sold Shares Worth $12,743,915, According to a Recent SEC Filing	Feb. 12	MT
RBC Raises Price Target on nVent Electric to $72 From $65 After 'Clean' Q4 Beat, 'Solid' Guidance, Keeps Outperform Rating	Feb. 07	MT
Transcript : NVent Electric plc, Q4 2023 Earnings Call, Feb 06, 2024	Feb. 06
NVent Electric Q4 Adjusted Earnings, Net Sales Rise; Issues Q1, 2024 Guidance -- Shares Decline	Feb. 06	MT
NVent Electric plc Provides Earnings Guidance for the First Quarter and Full-Year 2024	Feb. 06	CI
NVent Electric plc Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 06	CI
Tranche Update on nVent Electric plc's Equity Buyback Plan announced on May 14, 2021.	Feb. 05	CI
NVent Electric Names Martha Claire Bennett as Chief Marketing Officer	Jan. 08	MT
NVent Electric plc Welcomes Martha Claire Bennett as Executive Vice President and Chief Marketing Officer	Jan. 08	CI
RBC Raises Price Target on nVent Electric to $65 From $57, Keeps Outperform Rating	Jan. 04	MT
NVent Electric plc-Hyperview Collaboration Expands Power Distribution Unit Monitoring and Control	Dec. 18	CI
NVent Electric to Open Distribution Center in Dayton, Minnesota	Dec. 13	MT
NVent Electric plc Expands Operations to Support Data Centers Growth in Liquid Cooling	Dec. 13	CI
FTSE 100 Ends Muted in Absence of U.S. Inflation Data Impetus	Dec. 12	DJ
NVent Electric Raises Quarterly Dividend 9% to $0.19 a Share, Payable on Feb. 2 to Shareholders as of Jan. 19	Dec. 12	MT

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Company Profile

nVent Electric plc is a global provider of electrical connection and protection solutions. The Company designs, manufactures, markets, installs and services products and solutions. It operates in three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management. The Enclosures segment provides solutions to connect and protect critical electronics, communication, control and power equipment. Its cooling, power distribution and enclosures solutions manage power and create protected operating environments for applications. The Electrical & Fastening Solutions segment provides fastening solutions that connect and protect electrical and mechanical systems and civil structures. The Thermal Management segment provides electric thermal solutions that connect and protect critical buildings, infrastructure, industrial processes and people. It has a portfolio of brands, including nVent CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF, TRACER, ILSCO, Gardner Bender, and King Innovation.

Sector

Electrical Components & Equipment

Calendar

2024-05-03 - Q1 2024 Earnings Release

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Ratings for nVent Electric plc

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

74.44 USD

Average target price

80.91 USD

Spread / Average Target

+8.69%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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