Pentair plc (NYSE: PNR) is -2.00% lower on its value in year-to-date trading and has touched a low of $72.30 and a high of $110.71 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PNR stock was last observed hovering at around $98.70 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $98.63, the stock is -2.93% and -4.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing -0.07% at the moment leaves the stock 7.68% off its SMA200. PNR registered 36.25% gain for a year compared to 6-month gain of 19.42%. The firm has a 50-day simple moving average (SMA 50) of $103.8086 and a 200-day simple moving average (SMA200) of $91.4908.
The stock witnessed a -0.89% loss in the last 1 month and extending the period to 3 months gives it a -1.02%, and is -4.67% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.34% over the week and 2.13% over the month.
Pentair plc (PNR) has around 10500 employees, a market worth around $16.30B and $4.08B in sales. Current P/E ratio is 26.40 and Fwd P/E is 18.68. Profit margin for the company is 15.32%. Distance from 52-week low is 36.42% and -10.91% from its 52-week high. The company has generated returns on investments over the last 12 months (12.02%).
with sales reaching $992.87M over the same period.The EPS is expected to grow by 10.22% this year, but quarterly earnings will post 1.82% year-over-year. Quarterly sales are estimated to shrink -2.39% in year-over-year returns.
1049.0 institutions hold shares in Pentair plc (PNR), with institutional investors hold 96.11% of the company’s shares. The shares outstanding are 165.23M, and float is at 164.39M with Short Float at 1.71%. Institutions hold 95.51% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 20.03 million shares valued at $1.54 billion. The investor’s holdings represent 12.0884 of the PNR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.62 million shares valued at $1.2 billion to account for 9.4286 of the shares outstanding. The other top investors are IMPAX ASSET MANAGEMENT GROUP PLC which holds 8.88 million shares representing 5.3618 and valued at over $679.91 million, while STATE STREET CORP holds 5.1274 of the shares totaling 8.5 million with a market value of $651.4 million.
Pentair plc (PNR) Insider Activity
The most recent transaction is an insider sale by GLENN T MICHAEL, the company’s Director. SEC filings show that GLENN T MICHAEL sold 4,008 shares of the company’s common stock on Dec 02 ’24 at a price of $109.14 per share for a total of $0.44 million. Following the sale, the insider now owns 29895.0 shares.
Still, SEC filings show that on Nov 01 ’24, Rolchigo Philip M. (EVP & Chief Technology Officer) disposed off 3,588 shares at an average price of $99.67 for $0.36 million. The insider now directly holds 19,232 shares of Pentair plc (PNR).
