nVent Electric plc (NYSE: NVT): Retirees Don’t Worry About Volatility

nVent Electric plc (NYSE:NVT) currently has a daily average trading volume of 2.40M but it saw 1556283 shares traded in last market. With a market cap of 10.67B USD, the company’s current market price of $64.83 came rising about 1.27 while comparing to the previous closing price of $64.02. In past 52 weeks, the stock remained buoying in the range of price level as high as $86.57 and as low as $41.71.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Seaport Research Partners which upgraded the stock as “Buy” in its note to investors issued on March 21, 2025, recommending a price target of $74 for it. CL King upgraded its recommendation for the stock as a “Buy” from “Neutral” on March 17, 2025 while assigning a price target of $70. KeyBanc Capital Markets also issued its recommendations for the stock as it upgraded the price target for the stock is $80.

Over the week, NVT’s stock price is moving -3.02% down while it is 24.08% when we observe its performance for the past one month. Year-to-date it is -4.89% down and over the past year, the stock is showing a downside performance of -20.59%.

Currently, nVent Electric plc’s total number of outstanding shares is 164.64M. Company’s return on investment (ROI) stands at 10.77% and return on equity (ROE) at 7.63%. It has a price to earnings ratio (P/E ratio) of 18.51 while having a 18.69 of forward P/E ratio. Stock’s beta reads 1.29. Stock has a price to book (P/B) ratio of 2.95 while price to sale or P/S ratio amounts to 3.31. Its return on asset (ROA) is 4.04% on average.