Pentair (NYSE:PNR – Get Free Report) announced its earnings results on Tuesday. The industrial products company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.04, Briefing.com reports. Pentair had a return on equity of 20.16% and a net margin of 15.30%. The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the prior year, the company earned $0.91 EPS. The firm’s revenue for the quarter was down 1.1% compared to the same quarter last year.
Pentair Trading Up 0.7 %
Shares of PNR opened at $78.99 on Thursday. Pentair has a 1 year low of $52.28 and a 1 year high of $85.81. The company has a current ratio of 1.90, a quick ratio of 0.94 and a debt-to-equity ratio of 0.63. The stock has a 50 day simple moving average of $80.19 and a 200-day simple moving average of $71.79. The stock has a market cap of $13.11 billion, a PE ratio of 21.01, a PEG ratio of 1.49 and a beta of 1.20.
Pentair Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, May 3rd. Stockholders of record on Friday, April 19th will be issued a $0.23 dividend. The ex-dividend date is Thursday, April 18th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.16%. Pentair’s payout ratio is presently 24.47%.
Analyst Ratings Changes
Check Out Our Latest Stock Analysis on PNR
About Pentair
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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