Pentair (NYSE:PNR – Get Free Report) posted its earnings results on Tuesday. The industrial products company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.02, Briefing.com reports. Pentair had a return on equity of 20.48% and a net margin of 16.29%. The business had revenue of $993.40 million during the quarter, compared to analyst estimates of $988.53 million. During the same quarter last year, the company earned $0.94 EPS. The company’s quarterly revenue was down 1.5% compared to the same quarter last year.
Pentair Price Performance
Shares of Pentair stock traded up $0.04 during trading hours on Friday, hitting $99.43. The company’s stock had a trading volume of 86,983 shares, compared to its average volume of 1,555,394. The business has a 50 day moving average price of $92.53 and a two-hundred day moving average price of $84.83. Pentair has a 12-month low of $57.40 and a 12-month high of $101.00. The company has a market cap of $16.46 billion, a PE ratio of 24.85, a PEG ratio of 1.76 and a beta of 1.20. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.96 and a current ratio of 1.60.
Pentair Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 1st. Stockholders of record on Friday, October 18th will be given a $0.23 dividend. The ex-dividend date of this dividend is Friday, October 18th. This represents a $0.92 annualized dividend and a dividend yield of 0.93%. Pentair’s payout ratio is 23.00%.
Wall Street Analysts Forecast Growth
Check Out Our Latest Analysis on PNR
Pentair Company Profile
Pentair plc provides various water solutions in the United States, Western Europe, China, Eastern Europe, Latin America, the Middle East, Southeast Asia, Australia, Canada, and Japan. The company operates through three segments: Flow, Water Solutions, and Pool. The Flow segment designs, manufactures, and sells fluid treatment and pump products and systems, including pressure vessels, gas recovery solutions, membrane bioreactors, wastewater reuse systems and advanced membrane filtration, separation systems, water disposal pumps, water supply pumps, fluid transfer pumps, turbine pumps, solid handling pumps, and agricultural spray nozzles for fluid delivery, ion exchange, desalination, food and beverage, separation technologies in the oil and gas industry, residential and municipal wells, water treatment, wastewater solids handling, pressure boosting, circulation and transfer, fire suppression, flood control, agricultural irrigation, and crop spray in residential, commercial, and industrial markets.
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