NVT Stock Recent News
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nVent (NVT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Women with degrees and jobs in engineering remain in the minority. Investors care less about the sex of their management team than they do about returns, and nVent's team is certainly delivering on that front.
AGESY, BTVCY and NVT made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 21, 2023.
nVent (NVT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Fintel reports that on May 31, 2023, Goldman Sachs maintained coverage of nVent Electric (NYSE:NVT) with a Buy recommendation.
nVent (NVT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
NVT recently posted solid Q1 FY23 results. They saw a growth in their revenues and net income. They will acquire ECM Industries, which will strengthen its electrical & fastening segment.
NVent Electric (NVT) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.50 per share a year ago.
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, will report first quarter 2023 financial results on Friday, April 28, 2023. The company will also hold a conference call with analysts and investors at 9:00 a.m. ET. The financial results will be posted on the company's website at http://investors.nvent.com.
The economy is electrifying, and this company provides "picks and shovels" solutions that benefit from the megatrend. Aerospace and defense are excellent markets to invest in in 2023, and this company services both.