Home News Recent Performance: NVent Electric (NYSE: NVT)

Recent Performance: NVent Electric (NYSE: NVT)

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NVent Electric is part of the computer hardware industry and trades as part of the technology sector. The company CEO is Beth A. Wozniak. nVent Electric is a provider of electrical connection and protection solutions. The company offers enclosures, electrical connections and fastening, and thermal management solutions .

Previous Intraday Trading Performance:

The NVT stock showed a previous change of 2.95% with an open at 23.60 and a close of 24.05. It reached an intraday high of 24.08 and a low of 23.60.

Business Wire:  nVent Improves Its Hot Water Temperature Maintenance System with the Release of the Next Generation nVent RAYCHEM HWAT-ECO-GF Controller

Liquidity:

The stock has a market cap of $4.2b with 174.7m shares outstanding, of which the float is 174.5m shares. Trading volume reached 1,060,734 shares compared to its average volume of 1,495,031 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, NVent Electric shares returned 2.08% and in the past 30 trading days it returned -14.72%. Over three months, it changed -12.03%. In one year it has changed -10.60% and within that year its 52-week high was 29.84 and its 52-week low was 19.71. NVT stock is 22.02% above its 52 Week Low.

Our calculations show a 200 day moving average of 25.52 and a 50 day moving average of 26.34. Currently NVT stock is trading -5.76% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

Business Wire:  nVent Improves Its Hot Water Temperature Maintenance System with the Release of the Next Generation nVent RAYCHEM HWAT-ECO-GF Controller

Earnings:

The last annual fiscal EPS for the company was reported at 1 that ended on 31st of December 2018, which according to the previous close, that is a PE of 24.05. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.38.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/25/2019): 0.32
4thQtr of 2018 (Reported on 01/31/2019): 0.37
3rdQtr of 2018 (Reported on 10/25/2018): 0.38
2ndQtr of 2018 (Reported on 07/26/2018): 0.24
1stQtr of 2018 0.00

The dividend per share is currently 0.70, which is a dividend yield of 2.91%.

Base on our calculations, the intrinsic value per share is 24.28, which means it is possibly undervalued and has a margin of safety of 0.94%.

Indicators to Watch:

Based on the latest filings, there is 0.10% of insider ownership. Short-interest was 1,350,409, which was 0.77% of shares outstanding. The short-interest ratio or days-to-cover ratio was 1.22. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.59.

Business Wire:  Medical Properties Trust Acquires 46% Interest in $900 Million Portfolio of Premier Swiss Hospitals

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 7.49%, return on assets is 4.81%, profit margin is 10.62%, price-to-sales is 1.84 and price-to-book is 1.55.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 2  :Past Performance Score
 4  :Financial Strength Score
 2  :Future Growth Score
 3  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.