How to Buy Nvent Electric Stock
Nvent Electric PLC
nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection products in the United States, Canada, Western and Eastern Europe included in European Union, China, Eastern Europe not included in European Union, Latin America, the Middle East, Southeast Asia, Australia, and Japan.
Nvent Electric stock last closed at $73.72, up 1.65% from the previous day, and has increased 68.27% in one year. It has overperformed other stocks in the Electrical Equipment & Parts industry by 0.34 percentage points. Nvent Electric stock is currently +83.43% from its 52-week low of $40.19, and -6.66% from its 52-week high of $78.98.
At the moment, there are 165.07M shares of NVT outstanding. The market cap of NVT is $12.17B. In the past 24 hours, 1.84M NVT shares were traded.
How to Buy Nvent Electric Stock
Wondering how to invest in Nvent Electric stock? Here's how.
- Decide where to buy Nvent Electric stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Nvent Electric stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Pick your payment method and add your information.
- Analyze Nvent Electric stock: The Nvent Electric ticker symbol is NVT. Is Nvent Electric stock a good investment? Should you buy shares of NVT? How do NVT's underlying business fundamentals look? Do top analysts think Nvent Electric is a good buy? Why has NVT's stock price moved recently? (Hint: Our stock market analysis website can help you decide if NVT is a good stock to buy).
- Place your NVT buy order: Decide if you will purchase NVT shares at the current market price or use a limit order to purchase NVT shares at a particular price.
- Monitor your NVT position: Create a watchlist to get the latest news on your position in Nvent Electric stock.
Step 1: Decide where to buy Nvent Electric stock
You need an online brokerage account in order to access the NYSE market and buy NVT stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal information so you are able to invest in NVT today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Put funds into your brokerage account
Now that you've created your account on investing apps, you need to deposit funds:
Check out the video below to see the process of transferring money into your new brokerage account.
Step 4: Analyze Nvent Electric stock
Once you have figured out the best place to buy Nvent Electric stock, it's very important to research their stock before you buy, so you truly wrap your head around the risk and upside.
Nvent Electric quick stats
Fundamentals of NVT
WallStreetZen was created to help part-time investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on NVT's stock page.
Is NVT stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge NVT's intrinsic value.
Using relative valuations methods:
- NVT could be undervalued based on its P/E ratio of 21.56x, relative to Electrical Equipment & Parts industry P/E ratio of 31.98x
- NVT could be undervalued based on its P/B ratio of 3.87x, relative to Electrical Equipment & Parts industry P/B ratio of 4.05x
- NVT could be overvalued based on its PEG ratio of 1.37x
You can access more valuation analysis on NVT's stock here.
NVT Financial Health
Signs that NVT is financially healthy:
- NVT earnings of $578.90M is not enough to cover its interest payments.
- NVT profit margin has gone up from 13.7% to 17.4% in the past year.
- NVT's operating cash flow of $528.10M allows it to safely service it's debt of $1.78B.
- There are more short-term assets than short-term liabilities on the NVT balance sheet.
Signs that NVT is not financially healthy:
- NVT has a relatively high debt to equity ratio of 0.96.
- Total NVT debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the NVT balance sheet.
Is Nvent Electric stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 5 Wall Street analysts who track NVT, the consensus analyst rating on Nvent Electric is a Strong Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Nvent Electric stock forecast page.
Metrics for Advanced NVT Traders
How is NVT performing as a company?
Last year, NVT earnings were $567.10M. Over the last 5 year, NVT's earnings have gone up by 21.53% per year. This was slower than the Electrical Equipment & Parts industry average of 39.01%.
Last year, NVT revenue was $3.26B. Over the last five year, NVT's revenue has gone up by 8.07% per year. This was slower than the Electrical Equipment & Parts industry average of 10.01%.
Dive into NVT's earnings and revenue performance here.
Who is buying/selling NVT?
Over the last 12 months, executives and large shareholders at NVT have sold more shares than they have bought.
Michael B. Faulconer, President - Thermal Management of NVT, was the latest NVT insider to sell. They sold $146,208.89 worth of NVT shares on Mar 5, 2024.
Research more about who owns NVT stock here.
Can I rely on NVT as an income stream?
Nvent Electric pays a dividend of 0.97%, compared to the Electrical Equipment & Parts industry's average dividend yield of 0.97%. If you owned $1,000 of NVT stock, you would have been paid $9.70 in the past year.
Nvent Electric dividend payments have consistently grown over the past 6 years and have remained stable.
Dig into more data about Nvent Electric dividend yield and history here.
Get analysis from other traders
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Step 5: Place your NVT buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, use a limit order.
Hit the Open button and eToro will place your order.
If you require more info about investing in stocks on eToro, watch the helpful video below:
Step 6: Monitor your NVT position
Now that you own some NVT shares, you'll want to stay up-to-date on your new investment.
Put NVT on a watchlist to see the latest developments about your NVT stock.
NVT Feed
How to Buy Stock in Nvent Electric
To summarize, here are the 6 steps to buy stock in Nvent Electric:
- Decide where to buy Nvent Electric stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Analyze Nvent Electric stock
- Place your NVT buy order
- Monitor your NVT position
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get updates on your new investment in Nvent Electric, create your watchlist below.
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