The -13.88% Decline of Pentair plc’s (PNR) Stock in the Past Quarter

The stock of Pentair plc (PNR) has seen a -0.40% decrease in the past week, with a 11.44% gain in the past month, and a 27.30% flourish in the past quarter. The volatility ratio for the week is 1.68%, and the volatility levels for the past 30 days are at 1.89% for PNR. The simple moving average for the past 20 days is 1.63% for PNR’s stock, with a 19.15% simple moving average for the past 200 days.

Is It Worth Investing in Pentair plc (NYSE: PNR) Right Now?

Pentair plc (NYSE: PNR) has a higher price-to-earnings ratio of 24.41x compared to its average ratio, The 36-month beta value for PNR is at 1.19. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 0 rating it as “overweight,” 10 as “hold,” and 3 as “sell.”

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The public float for PNR is 164.61M, and currently, shorts hold a 1.90% of that float. The average trading volume for PNR on October 09, 2024 was 1.54M shares.

PNR) stock’s latest price update

Pentair plc (NYSE: PNR)’s stock price has gone rise by 0.63 in comparison to its previous close of 95.82, however, the company has experienced a -0.40% decrease in its stock price over the last five trading days. businesswire.com reported 2024-10-08 that LONDON–(BUSINESS WIRE)–Pentair plc (NYSE:PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, will report its third quarter results before the opening of the New York Stock Exchange on Tuesday, October 22, 2024. The company will also hold a conference call with investors at 9:00 a.m. Eastern Time that day. Related presentation materials will be posted to the “Investor Relations” section of the company’s website (www.pentair.com) prior.

Analysts’ Opinion of PNR

Northcoast, on the other hand, stated in their research note that they expect to see PNR reach a price target of $100. The rating they have provided for PNR stocks is “Buy” according to the report published on April 15th, 2024.

Goldman gave a rating of “Neutral” to PNR, setting the target price at $91 in the report published on March 22nd of the current year.

PNR Trading at 8.29% 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 unable to rebound, for now settling with -1.84% of loss for the given period.

Volatility was left at 1.89%, however, over the last 30 days, the volatility rate increased by 1.68%, as shares surge +10.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.72% upper at present.

During the last 5 trading sessions, PNR fell by -0.40%, which changed the moving average for the period of 200-days by +36.61% in comparison to the 20-day moving average, which settled at $94.87. In addition, Pentair plc saw 32.61% 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 JONES DAVID A /WI, who sale 2,004 shares at the price of $89.00 back on Jul 31 ’24. After this action, JONES DAVID A /WI now owns 25,016 shares of Pentair plc, valued at $178,356 using the latest closing price.

JONES DAVID A /WI, the Director of Pentair plc, sale 2,004 shares at $88.44 during a trade that took place back on Jul 30 ’24, which means that JONES DAVID A /WI is holding 25,016 shares at $177,234 based on the most recent closing price.

Stock Fundamentals for PNR

Current profitability levels for the company are sitting at:

  • 0.2 for the present operating margin
  • 0.38 for the gross margin

The net margin for Pentair plc stands at 0.16. The total capital return value is set at 0.15. Equity return is now at value 20.72, with 10.11 for asset returns.

Based on Pentair plc (PNR), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 0.4. The debt to equity ratio resting at 0.52. The interest coverage ratio of the stock is 7.57.

Currently, EBITDA for the company is 854.0 million with net debt to EBITDA at 1.8. When we switch over and look at the enterprise to sales, we see a ratio of 4.29. The receivables turnover for the company is 6.53for 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 had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.

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