Pentair (PNR) Expected to Announce Quarterly Earnings on Tuesday

Pentair (NYSE:PNR - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Tuesday, April 22nd. Analysts expect Pentair to post earnings of $1.01 per share and revenue of $988.38 million for the quarter. Parties interested in registering for the company's conference call can do so using this link.

Pentair (NYSE:PNR - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.06. The business had revenue of $972.90 million for the quarter, compared to analyst estimates of $970.95 million. Pentair had a return on equity of 20.94% and a net margin of 15.32%. During the same period in the previous year, the company posted $0.87 EPS. The company's revenue was down 1.2% compared to the same quarter last year. On average, analysts expect Pentair to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Pentair Trading Down 0.6 %

NYSE PNR traded down $0.45 during mid-day trading on Friday, hitting $80.27. The company's stock had a trading volume of 1,473,277 shares, compared to its average volume of 1,504,353. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.60 and a quick ratio of 0.92. Pentair has a 52-week low of $72.63 and a 52-week high of $110.71. The stock's fifty day simple moving average is $87.81 and its two-hundred day simple moving average is $97.23. The firm has a market capitalization of $13.24 billion, a P/E ratio of 21.46, a price-to-earnings-growth ratio of 1.87 and a beta of 1.13.

Pentair Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Friday, April 18th will be given a dividend of $0.25 per share. The ex-dividend date is Thursday, April 17th. This represents a $1.00 dividend on an annualized basis and a yield of 1.25%. Pentair's dividend payout ratio (DPR) is 26.74%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on PNR. Barclays dropped their target price on Pentair from $120.00 to $110.00 and set an "overweight" rating on the stock in a report on Wednesday, March 26th. Robert W. Baird raised shares of Pentair from a "neutral" rating to an "outperform" rating and set a $114.00 price target on the stock in a research note on Tuesday, March 25th. Citigroup decreased their price objective on shares of Pentair from $118.00 to $98.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Baird R W raised Pentair from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 25th. Finally, Northcoast Research raised Pentair from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Pentair currently has an average rating of "Moderate Buy" and a consensus price target of $110.00.

Pentair Company Profile

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.