Pentair (NYSE:PNR) Issues Q1 Earnings Guidance

Pentair (NYSE:PNR - Get Free Report) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided EPS guidance of $1.00-1.02 for the period, compared to the consensus EPS estimate of $1.10. Pentair also updated its FY 2025 guidance to 4.650-4.800 EPS.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on PNR shares. TD Cowen lifted their price target on shares of Pentair from $95.00 to $110.00 and gave the company a "buy" rating in a report on Wednesday, October 23rd. Mizuho increased their price target on Pentair from $100.00 to $110.00 and gave the stock an "outperform" rating in a research report on Thursday, October 17th. Northcoast Research upgraded Pentair from a "hold" rating to a "strong-buy" rating in a research report on Wednesday. Oppenheimer increased their target price on Pentair from $110.00 to $115.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 13th. Finally, Wolfe Research started coverage on shares of Pentair in a research report on Tuesday, November 26th. They issued an "outperform" rating and a $125.00 price objective on the stock. Six investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $111.25.

Pentair Price Performance

PNR stock traded down $0.75 on Friday, hitting $97.88. 964,685 shares of the company's stock traded hands, compared to its average volume of 1,455,971. The stock has a market cap of $16.17 billion, a price-to-earnings ratio of 26.17, a P/E/G ratio of 1.93 and a beta of 1.20. Pentair has a 1-year low of $72.44 and a 1-year high of $110.71. The company has a current ratio of 1.60, a quick ratio of 0.91 and a debt-to-equity ratio of 0.46. The stock has a fifty day moving average of $102.88 and a 200-day moving average of $97.32.

Pentair (NYSE:PNR - Get Free Report) last issued its earnings results on Tuesday, February 4th. The industrial products company reported $1.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.02 by $0.06. The business had revenue of $972.90 million for the quarter, compared to analysts' expectations of $970.95 million. Pentair had a return on equity of 20.94% and a net margin of 15.32%. The company's quarterly revenue was down 1.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.87 EPS. On average, analysts forecast that Pentair will post 4.77 EPS for the current fiscal year.

Pentair Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Shareholders of record on Friday, January 24th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, January 24th. This is a positive change from Pentair's previous quarterly dividend of $0.23. This represents a $1.00 dividend on an annualized basis and a yield of 1.02%. Pentair's dividend payout ratio is currently 26.74%.

About Pentair

Pentair plc provides various water solutions in the United States, Western Europe, China, Eastern Europe, Latin America, the Middle East, Southeast Asia, Australia, Canada, and Japan. The company operates through three segments: Flow, Water Solutions, and Pool. The Flow segment designs, manufactures, and sells fluid treatment and pump products and systems, including pressure vessels, gas recovery solutions, membrane bioreactors, wastewater reuse systems and advanced membrane filtration, separation systems, water disposal pumps, water supply pumps, fluid transfer pumps, turbine pumps, solid handling pumps, and agricultural spray nozzles for fluid delivery, ion exchange, desalination, food and beverage, separation technologies in the oil and gas industry, residential and municipal wells, water treatment, wastewater solids handling, pressure boosting, circulation and transfer, fire suppression, flood control, agricultural irrigation, and crop spray in residential, commercial, and industrial markets.