London-based Pentair plc (PNR) provides various water solutions in the United States and internationally. With a market cap of $16.9 billion, the company operates through three segments: Flow, Water Solutions, and Pool. The company is set to unveil its second-quarter results on Tuesday, July 22.
Ahead of the event, analysts expect PNR to report non-GAAP earnings of $1.33 per share, up 9% from the profit of $1.22 per share reported in the year-ago quarter. Additionally, the company has surpassed the Street’s bottom-line projections in each of the past four quarters, which is impressive.
For the current year, its earnings are expected to come in at $4.75 per share, up 9.7% from $4.33 per share reported in the year-ago quarter. Moreover, in fiscal 2026, its earnings are expected to rise 10.1% year-over-year to $5.23 per share.
PNR stock has surged 41.2% over the past 52 weeks, outperforming the Industrial Select Sector SPDR Fund’s (XLI) 22.8% surge and the S&P 500 Index’s ($SPX) 13.2% uptick during the same time frame.
Pentair’s stock grew 9.2% following the release of its Q1 2025 results on Apr. 22. The company reported sales of $1 billion, down marginally year-over-year, mainly caused by declines in its Water Solutions and Flow segments. However, its adjusted EPS rose 18.1% from the prior-year quarter to $1.11, surpassing consensus estimates by 9.9%.
The consensus opinion on PNR is highly optimistic, with a “Strong Buy” rating overall. Of the 19 analysts covering the stock, opinions include 13 “Strong Buys,” one “Moderate Buy,” and five “Holds.” Its mean price target of $107.56 suggests a 2.4% upside potential from current price levels.
On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
