Pentair (NYSE:PNR) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, April 19th. Analysts expect Pentair to post earnings of $0.82 per share for the quarter. Pentair has set its Q1 guidance at $0.81-0.83 EPS and its FY18 guidance at $4.00 EPS.
Pentair (NYSE:PNR) last posted its quarterly earnings results on Tuesday, January 30th. The industrial products company reported $0.93 earnings per share for the quarter, meeting the consensus estimate of $0.93. Pentair had a net margin of 13.50% and a return on equity of 13.41%. The business had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.24 billion. During the same quarter in the prior year, the company posted $0.78 EPS. The business’s revenue for the quarter was up 6.1% on a year-over-year basis. On average, analysts expect Pentair to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Shares of PNR stock opened at $70.34 on Tuesday. The company has a current ratio of 1.46, a quick ratio of 0.97 and a debt-to-equity ratio of 0.29. Pentair has a one year low of $59.13 and a one year high of $74.84. The company has a market capitalization of $12,744.05, a PE ratio of 19.93, a P/E/G ratio of 1.59 and a beta of 1.36.
Several equities analysts have recently commented on the stock. Vertical Research lowered shares of Pentair from a “buy” rating to a “hold” rating in a report on Monday. Stifel Nicolaus decreased their price objective on shares of Pentair from $78.00 to $77.00 and set a “hold” rating on the stock in a report on Monday. Zacks Investment Research lowered shares of Pentair from a “buy” rating to a “hold” rating and set a $78.00 price objective on the stock. in a report on Wednesday, April 11th. Robert W. Baird restated a “hold” rating and issued a $76.00 price objective on shares of Pentair in a report on Wednesday, April 4th. Finally, UBS upgraded shares of Pentair from a “sell” rating to a “neutral” rating and set a $73.00 price objective on the stock in a report on Monday, April 2nd. Five investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $71.85.
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Pentair plc operates as a diversified industrial manufacturing company in the United States, Europe, and internationally. The company operates through two segments, Water and Electrical. The Water segment designs, manufactures, and services products and solutions to meet filtration, separation, flow, and water management challenges in agriculture, aquaculture, foodservice, food and beverage processing, swimming pools, water supply and disposal, and various industrial applications.
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