nVent Electric PLC
NVT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| JS! | LOCK|M?Q%p | LOCK|qT#Sgp |
nVent Earnings: Broad-based Data Center Growth Propels Sales and Backlog; Fair Value up 19%
NVent reported strong first-quarter earnings, with reported sales rising 53% to $1.2 billion (34% organically), while adjusted return on sales (adjusted EBIT) held flat at 20.0%.
