Analyst Scoreboard: 14 Ratings For Pentair
Portfolio Pulse from Benzinga Insights
Analysts have provided diverse ratings for Pentair (NYSE:PNR), with 14 ratings ranging from bullish to bearish over the last three months. The average 12-month price target for PNR has been raised to $90.64, indicating a 9.2% increase from the previous target of $83.00. Pentair, a global leader in water treatment, reported a revenue of approximately $4.1 billion in 2023 but faced a slight decline in revenue growth by -1.82% as of December 31, 2023. Despite this, the company's financial performance remains strong with a net margin of 21.13%, ROE of 6.65%, and ROA of 3.21%, although it has a higher debt-to-equity ratio of 0.65 compared to industry peers.
April 15, 2024 | 2:02 pm
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Pentair has received mixed analyst ratings with an updated average 12-month price target of $90.64, reflecting a positive outlook despite a recent revenue decline. The company's strong net margin, ROE, and ROA indicate solid financial health.
The increase in the average price target to $90.64, despite a slight revenue decline, suggests analysts see growth potential in Pentair, likely due to its strong net margin, ROE, and ROA. The mixed ratings indicate a varied outlook, but the overall positive price target adjustment and strong financial indicators suggest a potential short-term positive impact on PNR's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100