With 3.97 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.4 million shares. The 52-week range on NVT shows that it touched its highest point at $86.57 and its lowest point at $41.71 during that stretch. It currently has a 1-year price target of $73.00. With its current market cap of 11.21 billion, NVT has annualized dividend of $0.78 while the current yield stands at 1.15%. Beta for the stock currently stands at 1.30.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NVT was up-trending over the past week, with a rise of 12.94%, but this was up by 36.58% over a month. Three-month performance surged to 1.44% while six-month performance fell -12.46%. The stock lost -17.02% in the past year, while it has lost -0.09% so far this year. A look at the trailing 12-month EPS for NVT yields 3.50 with Next year EPS estimates of 3.47. For the next quarter, that number is 0.78. This implies an EPS growth rate of 23.93% for this year and 12.42% for next year. EPS is expected to grow by 14.96% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 8.91%.
Float and Shares Shorts:
At present, 164.64 million NVT shares are outstanding with a float of 162.45 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NVT since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.50626 being high and $2.4862 being low. For NVT, this leads to a yearly average estimate of $2.49623.
