Pentair (NYSE:PNR – Get Free Report) posted its quarterly earnings results on Tuesday. The industrial products company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.02, Briefing.com reports. Pentair had a net margin of 16.29% and a return on equity of 20.48%. The firm had revenue of $993.40 million during the quarter, compared to analyst estimates of $988.53 million. During the same quarter in the prior year, the business posted $0.94 earnings per share. The company’s quarterly revenue was down 1.5% compared to the same quarter last year.
Pentair Stock Down 0.0 %
Shares of NYSE:PNR traded down $0.02 during midday trading on Friday, reaching $99.37. The company had a trading volume of 210,603 shares, compared to its average volume of 1,555,991. The company has a quick ratio of 0.96, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. The business’s 50 day moving average price is $92.53 and its 200 day moving average price is $84.83. Pentair has a 1-year low of $57.40 and a 1-year high of $101.00. The stock has a market cap of $16.45 billion, a PE ratio of 24.85, a P/E/G ratio of 1.76 and a beta of 1.20.
Pentair Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 1st. Stockholders of record on Friday, October 18th will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 0.93%. The ex-dividend date is Friday, October 18th. Pentair’s payout ratio is 23.00%.
Analyst Ratings Changes
View Our Latest Report on Pentair
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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