Pentair (NYSE:PNR) Issues FY25 Earnings Guidance

Pentair (NYSE:PNR) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share guidance of ~$4.65-4.80 for the period, compared to the consensus earnings per share estimate of $4.84. The company issued revenue guidance of ~$4.08-4.16 billion, compared to the consensus revenue estimate of $4.22 billion. Pentair also updated its FY 2025 guidance to 4.650-4.800 EPS.

Pentair Stock Performance

PNR stock traded down $3.59 during mid-day trading on Tuesday, hitting $99.04. 2,125,666 shares of the company were exchanged, compared to its average volume of 1,324,096. Pentair has a 1-year low of $72.03 and a 1-year high of $110.71. The business has a 50 day simple moving average of $103.73 and a 200-day simple moving average of $96.96. The company has a current ratio of 1.60, a quick ratio of 0.91 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $16.36 billion, a PE ratio of 24.76, a price-to-earnings-growth ratio of 1.65 and a beta of 1.20.

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

Pentair Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, January 24th will be given a dividend of $0.25 per share. This is an increase from Pentair’s previous quarterly dividend of $0.23. This represents a $1.00 annualized dividend and a yield of 1.01%. The ex-dividend date is Friday, January 24th. Pentair’s payout ratio is currently 25.00%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Stifel Nicolaus dropped their target price on shares of Pentair from $126.00 to $125.00 and set a “buy” rating for the company in a report on Friday, January 24th. Wolfe Research assumed coverage on shares of Pentair in a research report on Tuesday, November 26th. They issued an “outperform” rating and a $125.00 price target on the stock. Mizuho raised their target price on Pentair from $100.00 to $110.00 and gave the stock an “outperform” rating in a research note on Thursday, October 17th. UBS Group upped their price objective on shares of Pentair from $100.00 to $115.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Finally, KeyCorp reiterated a “sector weight” rating and issued a $115.00 target price on shares of Pentair in a report on Monday, January 6th. Six investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $111.07.

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.