Pentair plc. Ordinary Share (PNR) – Investment Analysts’ Weekly Ratings Changes

Several brokerages have updated their recommendations and price targets on shares of Pentair plc. Ordinary Share (NYSE: PNR) in the last few weeks:

  • 1/31/2018 – Pentair plc. Ordinary Share had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $78.00 price target on the stock.
  • 1/31/2018 – Pentair plc. Ordinary Share was downgraded by analysts at UBS Group AG from a “buy” rating to a “hold” rating.
  • 1/31/2018 – Pentair plc. Ordinary Share had its price target raised by analysts at KeyCorp from $80.00 to $85.00. They now have an “overweight” rating on the stock.
  • 1/26/2018 – Pentair plc. Ordinary Share had its “sell” rating reaffirmed by analysts at Cowen Inc. They now have a $65.00 price target on the stock.
  • 1/22/2018 – Pentair plc. Ordinary Share is now covered by analysts at UBS Group AG. They set a “sell” rating on the stock.
  • 1/17/2018 – Pentair plc. Ordinary Share was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Pentair’s expects its top-line to benefit in 2018 from carryover on cost-out initiatives. The company is poised to grow on its focus on reorganization activities, which includes the spin-off its Electrical business. In the Filtration & Process business, it continues to see strength in residential and commercial and especially in foodservice. However, Pentair’s Aquatic Systems will bear the burnt of the impact of recent hurricanes. Material and other cost inflation, declines in project orders, particularly within the energy and infrastructure businesses will hurt results. Pentair underperformed the industry with respect to price over the past year.”
  • 12/26/2017 – Pentair plc. Ordinary Share was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “sell” rating. According to Zacks, “Pentair’s Aquatic Systems will bear the burnt of the impact of recent hurricanes, Harvey and Irma. Material and other cost inflation, declines in project orders, particularly within the energy and infrastructure businesses will hurt its results. Strengthening of the U.S. dollar and volatile oil prices also remain headwinds for the company. Moreover, Pentair underperformed the industry with respect to price over the past year. “
  • 12/14/2017 – Pentair plc. Ordinary Share was downgraded by analysts at TheStreet from a “b” rating to a “c+” rating.

Shares of Pentair plc. Ordinary Share (NYSE PNR) opened at $67.09 on Monday. 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 plc. Ordinary Share has a 1 year low of $57.63 and a 1 year high of $74.84. The firm has a market capitalization of $12,183.37, a price-to-earnings ratio of 18.48, a P/E/G ratio of 1.67 and a beta of 1.38.

Pentair plc. Ordinary Share (NYSE:PNR) last announced its quarterly earnings data on Tuesday, January 30th. The industrial products company reported $0.93 earnings per share for the quarter, hitting the consensus estimate of $0.93. Pentair plc. Ordinary Share had a return on equity of 13.41% and a net margin of 13.50%. The business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.24 billion. During the same period in the prior year, the company earned $0.78 EPS. Pentair plc. Ordinary Share’s revenue for the quarter was up 6.1% on a year-over-year basis. analysts predict that Pentair plc. Ordinary Share will post 4.03 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, February 9th. Shareholders of record on Friday, January 26th were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date of this dividend was Thursday, January 25th. This is a boost from Pentair plc. Ordinary Share’s previous quarterly dividend of $0.35. Pentair plc. Ordinary Share’s dividend payout ratio is presently 38.57%.

In other Pentair plc. Ordinary Share news, CFO John L. Stauch sold 2,392 shares of the company’s stock in a transaction dated Wednesday, January 3rd. The stock was sold at an average price of $70.30, for a total value of $168,157.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Trian Fund Management, L.P. sold 183,661 shares of the company’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $67.60, for a total value of $12,415,483.60. Following the completion of the transaction, the director now directly owns 1,122 shares of the company’s stock, valued at approximately $75,847.20. The disclosure for this sale can be found here. In the last ninety days, insiders sold 193,438 shares of company stock valued at $13,100,591. Insiders own 9.90% of the company’s stock.

Pentair, Inc (Pentair) is a focused diversified industrial manufacturing company. The Company operates in two segments: Water & Fluid Solutions and Technical Products. Water & Fluid Solutions is providing products and systems used worldwide in the movement, storage and treatment of water. Technical Products is engaged in the global enclosures and thermal management markets, designing and manufacturing standard, modified and custom enclosures that house and protect sensitive electronics and electrical components and protect the people that use them.

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