The stock of Pentair plc (PNR) has gone up by 3.33% for the week, with a 11.12% rise in the past month and a 17.08% rise in the past quarter. The volatility ratio for the week is 1.88%, and the volatility levels for the past 30 days are 1.81% for PNR. The simple moving average for the last 20 days is 5.23% for PNR stock, with a simple moving average of 24.33% for the last 200 days.
Is It Worth Investing in Pentair plc (NYSE: PNR) Right Now?
Pentair plc (NYSE: PNR) has a price-to-earnings ratio of 22.71x that is above its average ratio. Additionally, the 36-month beta value for PNR is 1.19. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 0 rating it as “overweight,” 10 rating it as “hold,” and 3 rating it as “sell.”
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The public float for PNR is 164.37M and currently, short sellers hold a 2.65% ratio of that float. The average trading volume of PNR on March 28, 2024 was 1.60M shares.
PNR) stock’s latest price update
Pentair plc (NYSE: PNR) has seen a rise in its stock price by 2.88 in relation to its previous close of 82.64. However, the company has experienced a 3.33% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-20 that Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Analysts’ Opinion of PNR
Many brokerage firms have already submitted their reports for PNR stocks, with Goldman repeating the rating for PNR by listing it as a “Neutral.” The predicted price for PNR in the upcoming period, according to Goldman is $91 based on the research report published on March 22, 2024 of the current year 2024.
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see PNR reach a price target of $86. The rating they have provided for PNR stocks is “Neutral” according to the report published on March 12th, 2024.
RBC Capital Mkts gave a rating of “Outperform” to PNR, setting the target price at $79 in the report published on January 12th of the current year.
PNR Trading at 11.18% from the 50-Day Moving Average
After a stumble in the market that brought PNR to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.01% of gains for the given period.
Volatility was left at 1.81%, however, over the last 30 days, the volatility rate increased by 1.88%, as shares surge +10.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.25% upper at present.
During the last 5 trading sessions, PNR rose by +3.33%, which changed the moving average for the period of 200-days by +43.69% in comparison to the 20-day moving average, which settled at $81.21. In addition, Pentair plc saw 16.93% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PNR starting from Rolchigo Philip M., who sale 2,427 shares at the price of $72.00 back on Dec 14 ’23. After this action, Rolchigo Philip M. now owns 18,535 shares of Pentair plc, valued at $174,744 using the latest closing price.
JONES DAVID A /WI, the Director of Pentair plc, sale 2,260 shares at $67.85 during a trade that took place back on Dec 13 ’23, which means that JONES DAVID A /WI is holding 23,081 shares at $153,341 based on the most recent closing price.
Stock Fundamentals for PNR
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.37 for the gross margin
The net margin for Pentair plc stands at 0.15. The total capital return value is set at 0.13. Equity return is now at value 21.03, with 9.58 for asset returns.
Based on Pentair plc (PNR), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 0.63. The interest coverage ratio of the stock is 6.25.
Currently, EBITDA for the company is 854.0 million with net debt to EBITDA at 2.12. When we switch over and look at the enterprise to sales, we see a ratio of 3.87. The receivables turnover for the company is 7.31for trailing twelve months and the total asset turnover is 0.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.65.
Conclusion
In conclusion, Pentair plc (PNR) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
