Pentair plc (PNR) shares projected to rise by 0.52%

Pentair plc [PNR] stock is trading at $86.09, down -0.44%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PNR shares have gain 0.31% over the last week, with a monthly amount glided 6.07%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Pentair plc [NYSE: PNR] stock has seen the most recent analyst activity on July 19, 2024, when Northcoast downgraded its rating to a Neutral. Previously, Northcoast upgraded its rating to Buy on April 15, 2024, and kept the price target unchanged to $100. On March 22, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $91 on the stock. Exane BNP Paribas started tracking the stock assigning a Neutral rating and suggested a price target of $86 on March 12, 2024. RBC Capital Mkts upgraded its rating to a Outperform and raised its price target to $79 on January 12, 2024. BofA Securities upgraded its rating to Neutral for this stock on January 11, 2024, and upped its price target to $76. In a note dated December 13, 2023, KeyBanc Capital Markets upgraded an Overweight rating on this stock but restated the target price of $82.

Pentair plc [PNR] stock has fluctuated between $57.18 and $89.63 over the past year. Currently, Wall Street analysts expect the stock to reach $86.54 within the next 12 months. Pentair plc [NYSE: PNR] shares were valued at $86.09 at the most recent close of the market. An investor can expect a potential return of 0.52% based on the average PNR price forecast.

Analyzing the PNR fundamentals

Pentair plc [NYSE:PNR] reported sales of 4.11B for the trailing twelve months, which represents a growth of 1.55%. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.2 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.52.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 85.59 points at the first support level, and at 85.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 86.69, and for the 2nd resistance point, it is at 87.28.

Ratios To Look Out For

For context, Pentair plc’s Current Ratio is 1.65. Also, the Quick Ratio is 0.96, while the Cash Ratio stands at 0.23. Considering the valuation of this stock, the price to sales ratio is 3.47, the price to book ratio is 4.15 and price to earnings (TTM) ratio is 21.79.

Transactions by insiders

Recent insider trading involved JONES DAVID A /WI, Director, that happened on Jul 31 ’24 when 2004.0 shares were sold. Director, JONES DAVID A /WI completed a deal on Jul 30 ’24 to sell 2004.0 shares. Meanwhile, Director JONES DAVID A /WI bought 2004.0 shares on Jul 31 ’24.

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