|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||18.13 - 18.91|
|52 Week Range||10.53 - 28.75|
|Beta (5Y Monthly)||1.43|
|PE Ratio (TTM)||21.41|
|Earnings Date||Jul 31, 2020|
|Forward Dividend & Yield||0.70 (3.83%)|
|Ex-Dividend Date||Jul 23, 2020|
|1y Target Est||24.50|
nVent Electric plc (NYSE:NVT) ("nVent"), a global leader in electrical connection and protection solutions, today announced the launch of two new c-UL-us Listed, modernized heat tracing controllers for fire protection piping and other critical heat tracing applications. The nVent RAYCHEM 465 controller is optimized for fire sprinkler and fire suppression systems, while the nVent RAYCHEM 460 controller is tailored for pipe freeze protection and flow maintenance applications. Tested to the stringent approval requirements of Underwriters Laboratories (UL), both controllers provide confidence and peace of mind to specifying engineers, installers and building owners because they can trust that they are utilizing the latest technologies for safe, reliable, energy-efficient heat tracing protection.
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Shares of nVent Electric (NYSE:NVT) were flat in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share fell 34.09% over the past year to $0.29, which beat the estimate of $0.24.Revenue of $447,200,000 decreased by 17.11% from the same period last year, which beat the estimate of $436,160,000.Outlook Q3 revenue expected to be between $464,634,000 and $520,614,000.Conference Call Details Date: Jul 31, 2020Time: 08:00 AMView more earnings on NVTET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.nvent.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2402889&sessionid=1&key=925F201EDF702E3D8F8B7BD031E9A3FC®Tag=&sourcepage=registerRecent Stock Performance 52-week high: $28.7552-week low: $10.54Price action over last quarter: down 1.07%Company Description nVent Electric PLC is a provider of electrical connection and protection solutions. The company segments include Enclosures, Thermal Management, and Electrical and Fastening Solutions. It generates maximum revenue from the Enclosures segment. The Enclosures segment provides inventive solutions that protect, connect and manage heat in critical electronics, communication, control, and power equipment. Geographically, it derives a majority of revenue from the U.S. and Canada. The company serves the Commercial and Residential, Energy, Industrial Solutions, and Infrastructure industries. Its products include Cabinets and Electronic Packaging, Electrical Fasteners, Hangers and Support, Concrete Reinforcing Steel Connections, Data Center and Networking Systems and others.See more from Benzinga * Earnings Scheduled For July 31, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.