Investors are poised to add Pentair plc (PNR) Stock to their long term portfolios

At the time of writing, Pentair plc [PNR] stock is trading at $108.96, down -0.14%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PNR shares have gain 4.60% over the last week, with a monthly amount glided 9.95%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Pentair plc [NYSE: PNR] stock has seen the most recent analyst activity on November 26, 2024, when Wolfe Research initiated its Outperform rating and assigned the stock a price target of $125. Previously, Northcoast downgraded its rating to Neutral on July 19, 2024. On April 15, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $100 on the stock. Goldman downgraded its rating to a Neutral but stick to its price target of $91 on March 22, 2024. Exane BNP Paribas initiated its recommendation with a Neutral and recommended $86 as its price target on March 12, 2024. RBC Capital Mkts upgraded its rating to Outperform for this stock on January 12, 2024, and upped its price target to $79. In a note dated January 11, 2024, BofA Securities upgraded an Neutral rating on this stock and boosted its target price from $46 to $76.

For the past year, the stock price of Pentair plc fluctuated between $62.81 and $109.31. Currently, Wall Street analysts expect the stock to reach $95.88 within the next 12 months. Pentair plc [NYSE: PNR] shares were valued at $108.96 at the most recent close of the market. An investor can expect a potential drop of -12.0% based on the average PNR price forecast.

Analyzing the PNR fundamentals

According to Pentair plc [NYSE:PNR], the company’s sales were 4.09B for trailing twelve months, which represents an -1.53% plunge. Gross Profit Margin for this corporation currently stands at 0.39% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.47.

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 108.24 points at the first support level, and at 107.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 110.19, and for the 2nd resistance point, it is at 111.43.

Ratios To Look Out For

It is important to note that Pentair plc [NYSE:PNR] has a current ratio of 1.60. In addition, the Quick Ratio stands at 0.91 and the Cash Ratio stands at 0.23. Considering the valuation of this stock, the price to sales ratio is 4.39, the price to book ratio is 5.14 and price to earnings (TTM) ratio is 27.29.

Transactions by insiders

Recent insider trading involved Rolchigo Philip M., EVP & Chief Technology Officer, that happened on Nov 01 ’24 when 3588.0 shares were sold. Officer, Rolchigo Philip M. completed a deal on Nov 01 ’24 to buy 3588.0 shares. Meanwhile, Director JONES DAVID A /WI sold 2004.0 shares on Jul 31 ’24.

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