3 Reasons Growth Investors Will Love Pentair (PNR)

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong candidates can be challenging due to inherent risks and volatility [1] Group 1: Company Overview - Pentair plc (PNR) is highlighted as a recommended growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 11.5%, with projected EPS growth of 12% this year, significantly outperforming the industry average of 6.3% [5] Group 2: Key Growth Metrics - Pentair's asset utilization ratio is 0.63, indicating that the company generates $0.63 in sales for every dollar in assets, surpassing the industry average of 0.61 [6] - The company's sales are expected to grow by 1.6% this year, compared to the industry average of 0.8% [7] Group 3: Earnings Estimate Revisions - The current-year earnings estimates for Pentair have been revised upward, with the Zacks Consensus Estimate increasing by 0.1% over the past month, indicating positive momentum [8] Group 4: Investment Potential - Pentair has achieved a Growth Score of A and holds a Zacks Rank 2, suggesting it is a solid choice for growth investors and a potential outperformer [9][10]