Wall Street analysts forecast that Pentair plc (PNR) will report quarterly earnings of $1.07 per share in its upcoming release, pointing to a year-over-year increase of 13.8%. It is anticipated that revenues will amount to $989.94 million, exhibiting a decline of 1.9% compared to the year-ago quarter. The consensus EPS estimate for the quarter has undergone an upward revision of 0.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed ...

Pentair plc (PNR) is set to release its third-quarter 2024 results on Oct 22, before the opening bell. The Zacks Consensus Estimate for PNR's third-quarter revenues is pegged at $989.9 million, indicating a 1.9% fall from the year-ago reported figure. The consensus estimate for earnings is pegged at $1.07 per share. The Zacks Consensus Estimate for PNR's third-quarter earnings has been unchanged for the past 60 days. The estimate indicates year-over-year growth of 13.8%. | --- | --- | --- | --- | --- | |--- ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? Developed along ...

Shares of Pentair plc (PNR) have been strong performers lately, with the stock up 6.3% over the past month. The stock hit a new 52-week high of $98.96 in the previous session. Pentair plc has gained 35.9% since the start of the year compared to the 14.6% move for the Zacks Industrial Products sector and the 33.2% return for the Zacks Manufacturing - Thermal Products industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn't missed our earnings cons ...

Group 1 - Pentair plc (PNR) has shown strong year-to-date performance, with a gain of approximately 30.7%, outperforming the average gain of 13.9% in the Industrial Products sector [4] - The Zacks Rank for Pentair plc is currently 2 (Buy), indicating a favorable outlook based on earnings estimate revisions and improving earnings outlooks [3][4] - The Zacks Consensus Estimate for Pentair's full-year earnings has increased by 0.9% over the past 90 days, reflecting stronger analyst sentiment [4] Group 2 - Pentair plc belongs to the Manufacturing - Thermal Products industry, which is ranked 8 in the Zacks Industry Rank, with stocks in this group gaining about 29.5% year-to-date [6] - Another stock in the Industrial Products sector, Schneider Electric SE (SBGSY), has also outperformed, with a year-to-date increase of 29.5% and a Zacks Rank of 2 (Buy) [5][6] - The Manufacturing - Electronics industry, to which Schneider Electric belongs, is ranked 29 and has seen a gain of 16.8% this year [6]

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

Core Viewpoint - Pentair plc has shown strong stock performance, with a 10.7% increase over the past month and a 32% gain since the beginning of the year, outperforming both the Zacks Industrial Products sector and the Zacks Manufacturing - Thermal Products industry [1][2]. Financial Performance - Pentair has consistently exceeded earnings expectations, reporting EPS of $1.22 against a consensus estimate of $1.15 in its last earnings report [2]. - For the current fiscal year, Pentair is projected to achieve earnings of $4.25 per share on revenues of $4.1 billion, reflecting a 13.33% increase in EPS and a slight decrease of 0.12% in revenues [3]. - The forecast for the next fiscal year indicates earnings of $4.82 per share on $4.25 billion in revenues, representing year-over-year changes of 13.24% and 3.64%, respectively [3]. Valuation Metrics - Pentair's current valuation metrics show a trading multiple of 22.6X current fiscal year EPS estimates, aligning with the peer industry average [7]. - The stock trades at 21.5X trailing cash flow, compared to a peer group average of 17.1X, and has a PEG ratio of 1.73, indicating it is not among the top value stocks [7]. Zacks Rank and Style Scores - Pentair holds a Zacks Rank of 2 (Buy), supported by favorable earnings estimate revisions from analysts [8]. - The stock has a Value Score of C, a Growth Score of A, and a Momentum Score of D, resulting in a combined VGM Score of B [6][8].

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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? T ...

It has been about a month since the last earnings report for Pentair plc (PNR) . Shares have added about 1.2% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Pentair due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Pentair Earnings & Sales Beat Estimates in Q2, Ri ...