Pentair (NYSE:PNR) Issues Q1 Earnings Guidance

Pentair (NYSE:PNR) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided EPS guidance of $1.00-1.02 for the period, compared to the consensus EPS estimate of $1.10. Pentair also updated its FY 2025 guidance to 4.650-4.800 EPS.

Pentair Price Performance

Shares of NYSE:PNR traded up $0.55 on Thursday, hitting $99.25. The stock had a trading volume of 51,746 shares, compared to its average volume of 1,377,347. Pentair has a twelve month low of $72.44 and a twelve month high of $110.71. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.91 and a current ratio of 1.60. The firm’s 50 day moving average price is $103.31 and its 200-day moving average price is $97.11. The company has a market capitalization of $16.40 billion, a price-to-earnings ratio of 24.82, a price-to-earnings-growth ratio of 1.65 and a beta of 1.20.

Pentair (NYSE:PNR) last issued its earnings results on Tuesday, February 4th. The industrial products company reported $1.08 EPS for the quarter, beating the consensus estimate of $1.02 by $0.06. Pentair had a net margin of 16.29% and a return on equity of 20.48%. The company had revenue of $972.90 million for the quarter, compared to the consensus estimate of $970.95 million. During the same quarter in the previous year, the company earned $0.87 EPS. The firm’s revenue for the quarter was down 1.2% compared to the same quarter last year. On average, equities research analysts predict that Pentair will post 4.28 earnings per share for the current year.

Pentair Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 7th. Investors of record on Friday, January 24th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.01%. This is a boost from Pentair’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Friday, January 24th. Pentair’s payout ratio is currently 25.00%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on PNR. Stifel Nicolaus cut their price target on Pentair from $126.00 to $125.00 and set a “buy” rating for the company in a report on Friday, January 24th. KeyCorp reaffirmed a “sector weight” rating and issued a $115.00 price target on shares of Pentair in a report on Monday, January 6th. StockNews.com cut Pentair from a “buy” rating to a “hold” rating in a report on Wednesday, October 23rd. Citigroup dropped their price objective on Pentair from $126.00 to $119.00 and set a “buy” rating for the company in a report on Monday, January 13th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $115.00 price objective on shares of Pentair in a report on Thursday, November 21st. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, Pentair currently has a consensus rating of “Moderate Buy” and a consensus price target of $111.25.

About Pentair

Pentair plc provides various water solutions in the United States, Western Europe, China, Eastern Europe, Latin America, the Middle East, Southeast Asia, Australia, Canada, and Japan. The company operates through three segments: Flow, Water Solutions, and Pool. The Flow segment designs, manufactures, and sells fluid treatment and pump products and systems, including pressure vessels, gas recovery solutions, membrane bioreactors, wastewater reuse systems and advanced membrane filtration, separation systems, water disposal pumps, water supply pumps, fluid transfer pumps, turbine pumps, solid handling pumps, and agricultural spray nozzles for fluid delivery, ion exchange, desalination, food and beverage, separation technologies in the oil and gas industry, residential and municipal wells, water treatment, wastewater solids handling, pressure boosting, circulation and transfer, fire suppression, flood control, agricultural irrigation, and crop spray in residential, commercial, and industrial markets.