Pentair (NYSE:PNR – Get Free Report) issued its quarterly earnings results on Tuesday. The industrial products company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.04, Briefing.com reports. Pentair had a return on equity of 20.80% and a net margin of 15.17%. The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the previous year, the firm earned $0.91 earnings per share. The company’s revenue was down 1.1% on a year-over-year basis.
Pentair Trading Down 0.9 %
Shares of PNR stock opened at $78.47 on Wednesday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.65 and a quick ratio of 0.94. The company has a market cap of $13.03 billion, a price-to-earnings ratio of 20.93, a PEG ratio of 1.51 and a beta of 1.20. The stock has a 50 day simple moving average of $80.10 and a 200-day simple moving average of $71.68. Pentair has a 1-year low of $52.28 and a 1-year high of $85.81.
Pentair Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, May 3rd. Stockholders of record on Friday, April 19th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend is Thursday, April 18th. Pentair’s payout ratio is 24.53%.
Wall Street Analyst Weigh In
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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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