NYSE:PNRPentair Stock Price, Forecast & News

Pentair's stock was trading at $36.40 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PNR stock has decreased by 13.7% and is now trading at $31.40. View which stocks have been mosted impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pentair in the last year. There are currently 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Pentair.

Pentair is scheduled to release its next quarterly earnings announcement on Wednesday, April 15th 2020. View our earnings forecast for Pentair.

Pentair PLC (NYSE:PNR) announced its quarterly earnings results on Tuesday, January, 28th. The industrial products company reported $0.68 EPS for the quarter, topping analysts' consensus estimates of $0.65 by $0.03. The industrial products company earned $755.20 million during the quarter, compared to the consensus estimate of $754.02 million. Pentair had a return on equity of 21.60% and a net margin of 12.03%. The business's revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.60 EPS. View Pentair's earnings history.

Pentair declared a quarterly dividend on Tuesday, February 25th. Investors of record on Friday, April 17th will be given a dividend of $0.19 per share on Friday, May 1st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date is Thursday, April 16th. View Pentair's dividend history.

Pentair issued an update on its FY20 earnings guidance on Tuesday, January, 28th. The company provided earnings per share guidance of $2.50 to $2.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.56.

12 equities research analysts have issued 1 year price objectives for Pentair's shares. Their forecasts range from $31.00 to $54.00. On average, they expect Pentair's share price to reach $42.00 in the next twelve months. This suggests a possible upside of 33.8% from the stock's current price. View analysts' price targets for Pentair.

Media coverage about PNR stock has trended very negative on Tuesday, InfoTrie reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pentair earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutPentair.

Pentair saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 3,139,500 shares, an increase of 5.7% from the February 27th total of 2,970,000 shares. Based on an average trading volume of 1,130,000 shares, the days-to-cover ratio is presently 2.8 days. Approximately 1.9% of the company's shares are sold short. View Pentair's Current Options Chain.

Some companies that are related to Pentair include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Ingersoll-Rand (IR), Gardner Denver (GDI), Donaldson (DCI), ITT (ITT), Lincoln Electric (LECO) and Woodward, Inc.Common Stock (WWD).

Based on aggregate information from My MarketBeat watchlists, some companies that other Pentair investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Zoetis (ZTS), Och-Ziff Capital Management Group (OZM) and Precision Drilling (PD).

Pentair trades on the New York Stock Exchange (NYSE) under the ticker symbol "PNR."

Pentair's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.02%) and Blackhawk Capital Partners LLC. (0.01%). Company insiders that own Pentair stock include Ademir Sarcevic, David A /Wi Jones, Glynis Bryan, Karl R Frykman, Randall J Hogan, T Michael Glenn and Trian Fund Management, LP. View institutional ownership trends for Pentair.

PNR stock was sold by a variety of institutional investors in the last quarter, including Blackhawk Capital Partners LLC.. Company insiders that have sold Pentair company stock in the last year include David A /Wi Jones, Glynis Bryan, and T Michael Glenn. View insider buying and selling activity for Pentair.

PNR stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. View insider buying and selling activity for Pentair.

Shares of PNR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PNR stock can currently be purchased for approximately $31.40.

Pentair has a market capitalization of $5.26 billion and generates $2.96 billion in revenue each year. The industrial products company earns $355.70 million in net income (profit) each year or $2.38 on an earnings per share basis. Pentair employs 9,500 workers across the globe. View additional information about Pentair.

The official website for Pentair is http://www.pentair.com/.

Pentair's mailing address is 70 London Road Regal House, LONDON X0, TW13QS. The industrial products company can be reached via phone at 44-74-9421-6154 or via email at [email protected]