Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Pentair plc (NYSE: PNR) was $78.47 for the day, down -0.92% from the previous closing price of $79.20. In other words, the price has decreased by -$0.92 from its previous closing price. On the day, 3.82 million shares were traded. PNR stock price reached its highest trading level at $81.84 during the session, while it also had its lowest trading level at $77.83.
Ratios:
Our analysis of PNR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 76.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.88. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 1.65. In the meantime, Its Debt-to-Equity ratio is 0.65 whereas as Long-Term Debt/Eq ratio is at 0.64.
On March 22, 2024, Goldman Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $91.
On March 12, 2024, Exane BNP Paribas started tracking the stock assigning a Neutral rating and target price of $86.Exane BNP Paribas initiated its Neutral rating on March 12, 2024, with a $86 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 14 ’23 when Rolchigo Philip M. sold 2,427 shares for $72.00 per share. The transaction valued at 174,744 led to the insider holds 18,535 shares of the business.
JONES DAVID A /WI sold 2,260 shares of PNR for $153,341 on Dec 13 ’23. The Director now owns 23,081 shares after completing the transaction at $67.85 per share. On Dec 01 ’23, another insider, GLENN T MICHAEL, who serves as the Director of the company, sold 2,260 shares for $64.40 each. As a result, the insider received 145,544 and left with 27,893 shares of the company.
Valuation Measures:
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 13027275776 and an Enterprise Value of 15017793536. As of this moment, Pentair’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.96, and their Forward P/E ratio for the next fiscal year is 16.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.16 while its Price-to-Book (P/B) ratio in mrq is 4.03. Its current Enterprise Value per Revenue stands at 3.659 whereas that against EBITDA is 16.742.
Stock Price History:
Over the past 52 weeks, PNR has reached a high of $85.81, while it has fallen to a 52-week low of $52.28. The 50-Day Moving Average of the stock is -1.78%, while the 200-Day Moving Average is calculated to be 11.75%.
Shares Statistics:
PNR traded an average of 1.66M shares per day over the past three months and 1605840 shares per day over the past ten days. A total of 165.30M shares are outstanding, with a floating share count of 164.61M. Insiders hold about 0.44% of the company’s shares, while institutions hold 96.13% stake in the company. Shares short for PNR as of 1711584000 were 4564609 with a Short Ratio of 2.76, compared to 1709164800 on 4432866. Therefore, it implies a Short% of Shares Outstanding of 4564609 and a Short% of Float of 3.54.
Dividends & Splits
With its trailing 12-month dividend rate of 0.88, PNR has a forward annual dividend rate of 0.90. Against a Trailing Annual Dividend Yield of 0.011111111The stock’s 5-year Average Dividend Yield is 1.54.
