nVent Electric (NVT) Expected to Announce Quarterly Earnings on Friday

nVent Electric (NYSE:NVT - Get Free Report) is anticipated to release its Q1 2025 earnings data before the market opens on Friday, May 2nd. Analysts expect the company to announce earnings of $0.66 per share and revenue of $790.74 million for the quarter. nVent Electric has set its FY 2025 guidance at 2.980-3.080 EPS and its Q1 2025 guidance at 0.650-0.670 EPS.

nVent Electric (NYSE:NVT - Get Free Report) last posted its earnings results on Thursday, February 6th. The company reported $0.59 EPS for the quarter, hitting the consensus estimate of $0.59. nVent Electric had a net margin of 10.09% and a return on equity of 14.52%. On average, analysts expect nVent Electric to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

nVent Electric Stock Performance

Shares of NYSE:NVT traded up $0.21 during trading hours on Friday, hitting $54.86. The stock had a trading volume of 1,859,753 shares, compared to its average volume of 1,899,150. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.28 and a current ratio of 1.73. The stock's fifty day simple moving average is $54.37 and its 200 day simple moving average is $65.95. The firm has a market capitalization of $9.03 billion, a price-to-earnings ratio of 27.99, a PEG ratio of 1.48 and a beta of 1.21. nVent Electric has a 1-year low of $41.71 and a 1-year high of $86.57.

nVent Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Friday, April 25th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.46%. The ex-dividend date of this dividend is Friday, April 25th. nVent Electric's dividend payout ratio is currently 40.82%.

Wall Street Analyst Weigh In

NVT has been the subject of several recent analyst reports. CL King raised nVent Electric from a "neutral" rating to a "buy" rating and set a $70.00 price target for the company in a research note on Monday, March 17th. Barclays lowered their target price on shares of nVent Electric from $70.00 to $65.00 and set an "overweight" rating on the stock in a research note on Thursday, April 10th. KeyCorp dropped their price target on shares of nVent Electric from $75.00 to $60.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. The Goldman Sachs Group decreased their price objective on shares of nVent Electric from $86.00 to $74.00 and set a "buy" rating for the company in a report on Wednesday, April 2nd. Finally, Citigroup lowered their price objective on shares of nVent Electric from $85.00 to $59.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Six analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $69.00.

nVent Electric Company Profile

nVent Electric plc, together with its subsidiaries, designs, manufactures, markets, installs, and services electrical connection and protection solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company operates through three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management.