Pentair plc (NYSE: PNR) is -3.43% lower on its value in year-to-date trading and has touched a low of $72.44 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 $97.99 in the last trading session, with the day’s loss setting it -0.8%.
Currently trading at $97.19, the stock is -4.05% and -5.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.57 million and changing -0.82% at the moment leaves the stock 5.57% off its SMA200. PNR registered 29.07% gain for a year compared to 6-month gain of 14.60%. The firm has a 50-day simple moving average (SMA 50) of $102.8716 and a 200-day simple moving average (SMA200) of $91.97955.
The stock witnessed a -3.08% loss in the last 1 month and extending the period to 3 months gives it a -7.99%, and is -1.46% 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 1.80% over the week and 2.08% over the month.
Pentair plc (PNR) has around 10500 employees, a market worth around $16.06B and $4.08B in sales. Current P/E ratio is 26.02 and Fwd P/E is 18.37. Profit margin for the company is 15.32%. Distance from 52-week low is 34.17% and -12.21% from its 52-week high. The company has generated returns on investments over the last 12 months (12.02%).
with sales reaching $988.44M over the same period.The EPS is expected to grow by 9.80% this year, but quarterly earnings will post 1.41% year-over-year. Quarterly sales are estimated to shrink -2.83% 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 1.67%. 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
Pentair plc disclosed in a document filed with the SEC on Dec 02 ’24 that GLENN T MICHAEL (Director) sold a total of 4,008 shares of the company’s common stock. The trade occurred on Dec 02 ’24 and was made at $109.14 per share for $0.44 million. Following the transaction, the insider now directly holds 29895.0 shares of the PNR stock.
Still, SEC filings show that on Dec 02 ’24, GLENN T MICHAEL (Director) Proposed Sale 4,008 shares at an average price of $109.14 for $0.44 million. The insider now directly holds shares of Pentair plc (PNR).
