Pentair stock has undergone multiple analysts rating changes in the recent past. Pentair stock Target Raised by Barclays PLC on 10/27/2021. In a note to investors, the firm issued a new target price of $69.00. The analysts previously had $64.00 target price. Barclays PLC’s price target would indicate a potential upside of -7.08% from the stock’s previous close.
Shares of Pentair traded up $0.44 on Tuesday, reaching $74.70. 522307 shares of the stock traded hands, compared to its average volume of 1207763. On Tuesday, Shares of Pentair closed at $74.70. The firm’s 50 day moving average is $75.24 and its 200 day moving average is $67.20.Pentair has a 12 month low of $48.50 and a 12 month high of $80.40. While on yearly highs and lows, Pentair today has traded high as $74.70 and has touched $72.89 on the downward trend.
Pentair Earnings and What to expect:
Pentair last released its earnings data on October 26th, 2021. The industrial products company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.05. The business had revenue of $969.20 million for the quarter, compared to analysts’ expectations of $940.76 million. Its revenue was up 21.4% compared to the same quarter last year. Pentair has generated $2.50 earnings per share over the last year ($2.83 diluted earnings per share) and currently has a price-to-earnings ratio of 26.2. Earnings for Pentair are expected to grow by 9.14% in the coming year, from $3.39 to $3.70 per share. Pentair has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, January 27th, 2022 based off prior year’s report dates.
Earnings for Pentair are expected to grow by 9.14% in the coming year, from $3.39 to $3.70 per share. The P/E ratio of Pentair is 26.10, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.29. The P/E ratio of Pentair is 26.10, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 33.93. Pentair has a PEG Ratio of 1.54. PEG Ratios above 1 indicate that a company could be overvalued. Pentair has a P/B Ratio of 5.83. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Pentair (NYSE:PNR) Moving Average Technical Analysis
5 day Moving Average is $$75.16 And 5 day price change is -$0.06 (-0.08%) with average volume for 5 day average is 1,298,227. While technical analysis for average 20 days shows significant difference, 20 day moving average is $72.69 and 20 day price change is -$1.26 (-1.68%) and average 20 day moving volume is 1,228,007. 50 day moving average is $75.24 and 50 day price change is -$5.31 ( -6.73%) and with average volume for 50 days is : 1,182,109. 200 day moving average is $67.20 and 200 day price change is $15.10 (25.82%) and with average volume for 200 days is : 1,074,553.
Other owners latest trading in Pentair :
- On 10/27/2021 shares held by State of Michigan Retirement System were 41,614 which equates to market value of $3.02M and appx 0.00% owners of Pentair
- On 10/27/2021 shares held by Investors Research Corp were 1,000 which equates to market value of $73K and appx 0.00% owners of Pentair
- On 10/27/2021 shares held by Phoenix Holdings Ltd. were 7,885 which equates to market value of $0.59M and appx 0.00% owners of Pentair
- In total Institutional ownership equates to Institutional Ownership Percentage: 82.01% for Pentair
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