NVT Stock Summary and Trading Ideas (Nvent Electric PLC Ordinary Shares | NYSE:NVT)

nVent is a leading global provider of electrical connection and protection solutions that touches a broad range of end markets including infrastructure, industrial, commercial, and residential. NVent designs, manufacturers, markets, installs, and services a portfolio of electrical enclosures and electrical fastening solutions. North America accounts for the majority of sales.

Nvent Electric PLC Ordinary Shares trades on the NYSE stock market under the symbol NVT.

As of March 3, 2025, NVT stock price declined to $56.35 with 2,181,326 million shares trading.

NVT has a beta of 2.25, meaning it tends to be more sensitive to market movements. NVT has a correlation of 0.58 to the broad based SPY ETF.

NVT has a market cap of $9.29 billion. This is considered a Mid Cap stock.

Last quarter Nvent Electric PLC Ordinary Shares reported $752 million in Revenue and $.59 earnings per share. This fell short of revenue expectation by $-16 million and met earnings estimates .

In the last 3 years, NVT traded as high as $86.57 and as low as $29.19.

The top ETF exchange traded funds that NVT belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.

NVT has underperformed the market in the last year with a price return of -16.9% while the SPY ETF gained +15.2%. NVT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -27.7% and -17.5%, respectively, while the SPY returned -3.0% and -4.3%, respectively.

NVT support price is $58.54 and resistance is $62.14 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NVT shares will trade within this expected range on the day.