After finishing at $57.73 in the prior trading day, Pentair plc (NYSE: PNR) closed at $56.75, down -1.70%. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 990760 shares were traded. PNR stock price reached its highest trading level at $57.60 during the session, while it also had its lowest trading level at $56.13.
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Our goal is to gain a better understanding of PNR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 78.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 57.36. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.89.
Upgrades & Downgrades
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 15 when BRYAN GLYNIS sold 3,947 shares for $45.14 per share. The transaction valued at 178,168 led to the insider holds 27,609 shares of the business.
GLENN T MICHAEL sold 3,947 shares of PNR for $184,522 on Dec 01. The Director now owns 26,496 shares after completing the transaction at $46.75 per share. On Aug 22, another insider, Rolchigo Philip M., who serves as the EVP & Chief Technology Officer of the company, sold 2,531 shares for $47.90 each. As a result, the insider received 121,224 and left with 21,339 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PNR now has a Market Capitalization of 9.58B and an Enterprise Value of 11.95B. As of this moment, Pentair’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.03, and their Forward P/E ratio for the next fiscal year is 13.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.27 while its Price-to-Book (P/B) ratio in mrq is 3.33. Its current Enterprise Value per Revenue stands at 2.90 whereas that against EBITDA is 16.62.
Stock Price History:
Over the past 52 weeks, PNR has reached a high of $60.85, while it has fallen to a 52-week low of $38.55. The 50-Day Moving Average of the stock is 55.05, while the 200-Day Moving Average is calculated to be 49.17.
The stock has traded on average 1.41M shares per day over the past 3-months and 913.76k shares per day over the last 10 days, according to various share statistics. A total of 164.80M shares are outstanding, with a floating share count of 163.91M. Insiders hold about 0.10% of the company’s shares, while institutions hold 96.60% stake in the company. Shares short for PNR as of May 14, 2023 were 4.31M with a Short Ratio of 5.51M, compared to 6.84M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.61% and a Short% of Float of 2.98%.
Dividends & Splits
In the trailing 12 months, PNR’s forward annual dividend rate was 0.85, compared to 0.88 this year. Against a Trailing Annual Dividend Yield of 1.47%, it implies a Forward Annual Dividend Yield of 1.55%. The stock’s 5-year Average Dividend Yield is 1.79. The current Payout Ratio is 28.40% for PNR, which recently paid a dividend on Aug 03, 2023 with an ex-dividend date of Jul 19, 2023. Stock splits for the company last occurred on Apr 30, 2018 when the company split stock in a 1489:1000 ratio.
Its stock is currently analyzed by 15 different market analysts. On average, analysts expect EPS of $0.95 for the current quarter, with a high estimate of $0.97 and a low estimate of $0.94, while EPS last year was $1.02. The consensus estimate for the next quarter is $0.9, with high estimates of $0.97 and low estimates of $0.81.
Analysts are recommending an EPS of between $3.72 and $3.54 for the fiscal current year, implying an average EPS of $3.66. EPS for the following year is $4.07, with 16 analysts recommending between $4.3 and $3.7.
14 analysts predict $1.06B in revenue for the current quarter. It ranges from a high estimate of $1.07B to a low estimate of $1.03B. As of the current estimate, Pentair plc’s year-ago sales were $1.06B, an estimated decrease of -0.70% from the year-ago figure. For the next quarter, 13 analysts are estimating revenue of $1.01B, a decrease of -3.10% less than the figure of -$0.70% in the same quarter last year. There is a high estimate of $1.04B for the next quarter, whereas the lowest estimate is $972.31M.
A total of 17 analysts have provided revenue estimates for PNR’s current fiscal year. The highest revenue estimate was $4.13B, while the lowest revenue estimate was $4.02B, resulting in an average revenue estimate of $4.09B. In the same quarter a year ago, actual revenue was $4.12B, down -0.80% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $4.25B in the next fiscal year. The high estimate is $4.37B and the low estimate is $4.12B. The average revenue growth estimate for next year is up 4.00% from the average revenue estimate for this year.