How Have Pentair plc (PNR) Insiders Been Trading?

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Pentair plc (NYSE:PNR) finished Thursday with an addition of $0.54 to close at $41.54, an upside of 1.32 percent. An average of 1,034,842 shares of common stock have been traded in the last five days. There was a fall of -$1.47 in the past week, and it reached a new high 4 times over the past 12 months. The last 20 days have seen an average of 1,502,371 shares traded, while the 50-day average volume stands at 1,434,258.

PNR stock has decreased by -14.35% in the last month. The company shares reached their 1-month lowest point of $40.66 on 09/23/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $40.73 and a high of $80.10 in 52 weeks. It has reached a new high 1 time so far this year and lost -43.86% or -$31.66 in price. In spite of this, the price is down -48.14% from the 52-week high.


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Insider Transactions

32 days have passed since Pentair plc (PNR) last reported insider trading activity. Rolchigo Philip M., who is EVP & Chief Technology Officer, most recently acquired $2,531 shares at $47.90 per share on Aug 22. In this transaction, the insider spent $121,224. Director, GLENN T MICHAEL, disposed of 6,307 shares at a price of $74.80 on Dec 01. The insider now owns more than $471,764 worth of shares.

Valuation Metrics

Pentair plc (PNR) has a trailing price-to-earnings (P/E) ratio of 12.03. The stock’s beta is 1.10. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.71, the price-to-book (PB) ratio at 2.64, and the price-to-cash flow ratio at 31.79.

The company has a payout ratio of 23.90%. The company’s most recent quarterly dividend payment was $0.21 a share, without any change from last year. Its latest increase dividend $0.01 reported on Tuesday December 7 2021.

Financial Health

The quick ratio of Pentair plc for the three months ended June 29 was 0.70, and the current ratio was 1.40, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.36 and a total debt to equity ratio of 0.36 for the quarter ending June 29. Its gross profit as reported stood at $1.32 billion compared to revenue of $3.76 billion.

Earnings Surprise

For the three-month period that ended June 29, Pentair plc had $911.5 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $152.9 million in the quarter, while revenues of $117.6 million were grew 13.6%. The analyst consensus anticipated Pentair plc’s latest quarter earnings to come in at $0.99 per share, but it turned out to be $1.02, a 3.00% surprise. For the quarter, EBITDA amounted to $215.7 million. Shareholders own equity worth $164.46 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Pentair plc (PNR) price momentum. RSI 9-day as of the close on 22 September was 30.48%, suggesting the stock is Neutral, with historical volatility in this time frame at 29.68%.

As of today, PNR’s price is $41.91 -3.43% or -$1.47 from its 5-day moving average. PNR is currently trading -15.21% lower than its 20-day SMA and -19.78% lower than its 100-day SMA. However, the stock’s current price level is -8.47% below the SMA50 and -44.66% below the SMA200.

The stochastic %K and %D were 4.45% and 5.62%, respectively, and the average true range (ATR) was 1.33. With the 14-day stochastic at 9.42% and the average true range at 1.32, the RSI (14) stands at 33.35%. The stock has reached -1.51 on the 9-day MACD Oscillator while the 14-day reading was at -2.60.

Analyst Ratings

Northcoast launched coverage on Pentair plc (NYSE: PNR) in its analyst report released on July 15, 2022. The firm assigned the stock a Neutral rating. The consensus rating for Pentair plc (PNR) among analysts is Hold. According to current brokerage recommendations, 1 brokerage firm advise that investors sell PNR, while 11 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 5 others rate it as a “buy”.

What is PNR’s price target for the next 12 months?

Analysts predict a range of price targets between $41.00 and $77.00, with a median target of $54.00. Taking a look at these predictions, the average price target given by analysts for Pentair plc (PNR) stock is $56.87.

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