Pentair Analysts Increase Their Forecasts Following Better-Than-Expected Q3 Results
Pentair Analysts Increase Their Forecasts Following Better-Than-Expected Q3 Results
Pentair sees fourth-quarter adjusted EPS of $1.02 versus a consensus of $1.02 and sales of around $965 million-$975 million vs. a consensus of $989.2 million.Pentair plc (NYSE:PNR) reported better-than-expected results for its third quarter on Tuesday.
濱特爾股份有限公司（紐交所：PNR）週二發佈了第三季度更好於預期的業績。
The company reported that third-quarter 2024 net sales fell 2% year over year to $993 million, beating the consensus of $988.8 million. Adjusted EPS rose 16% Y/Y to $1.09, surpassing the consensus of $1.07.
該公司報告稱，2024年第三季度淨銷售額同比下降2％至99300萬美元，超過了98880萬美元的共識。調整後的每股收益同比增長16％至1.09美元，超過了1.07美元的共識。
For FY24 Outlook, Pentair raised adjusted EPS to $4.27 (from $4.25) vs. consensus of $4.25. Meanwhile, the company continues to see sales growth of roughly flat to down 1% on a reported basis.
對於FY24展望，濱特爾將調高調整後的每股收益至4.27美元（從4.25美元），高於4.25美元的共識。同時，該公司繼續預計銷售額在報告基礎上大致持平至下降1%。
Pentair sees fourth-quarter adjusted EPS of $1.02 versus a consensus of $1.02 and sales of around $965 million-$975 million vs. a consensus of $989.2 million.
濱特爾預計第四季度調整後的每股收益爲1.02美元，而共識爲1.02美元，銷售額約爲96500萬至97500萬美元，而共識爲98920萬美元。
CEO John L. Stauch said, "Our relentless dedication to strong execution, Transformation, and delivering value to our customers has driven yet another quarter of significant free cash flow and outstanding results, surpassing our expectations. Our balanced approach across our water portfolio continues to validate the effectiveness of our strategy. We have made substantial progress on 80/20 with the completion of training on a majority of our total revenue."
首席執行官約翰·L·斯托奇表示：「我們不懈地致力於強有力的執行、轉型和爲客戶創造價值，取得了又一個充滿意義的自由現金流和出色業績的季度，超出了我們的預期。我們在水產品組合方面的平衡方法繼續驗證了我們策略的有效性。我們在80/20方面取得了實質性進展，已完成了大部分總營收的培訓。」
Pentair shares fell 1.3% to trade at $97.04 on Wednesday.
週三，濱特爾股價下跌1.3％，報價97.04美元。
These analysts made changes to their price targets on Pentair following earnings announcement.
這些分析師在盈利公告後調整了他們對濱特爾的目標股價。
- Barclays analyst Julian Mitchell maintained Pentair with an Overweight and raised the price target from $105 to $108.
- Keybanc analyst Jeffrey Hammond maintained the stock with an Overweight and raised the price target from $110 to $115.
- Goldman Sachs analyst Brian Lee maintained Pentair with a Neutral and raised the price target from $93 to $103.
- UBS analyst Damian Karas maintained the stock with a Buy and raised the price target from $100 to $115.
- JP Morgan analyst Stephen Tusa maintained Pentair with a Neutral and raised the price target from $106 to $110.
- TD Cowen analyst Joseph Giordano maintained the stock with a Buy and boosted the price target from $95 to $110.
- 巴克萊銀行分析師朱利安·米切爾維持濱特爾股票爲買入評級，並將目標股價從105美元上調至108美元。
- Keybanc分析師傑弗裏·漢蒙德維持該股票評級爲超配，將價格目標從110美元提高至115美元。
- 高盛分析師布萊恩·李維持濱特爾股票中立評級，將價格目標從93美元提高至103美元。
- 瑞銀分析師達米安·卡拉斯維持該股票買入評級，將價格目標從100美元提高至115美元。
- 摩根大通分析師斯蒂芬·圖薩維持濱特爾股票中立評級，並將價格目標從106美元提高至110美元。
- TD科溫分析師約瑟夫·喬爾達諾維持該股票買入評級，將價格目標從95美元提高至110美元。
Considering buying PNR stock? Here's what analysts think:
考慮購買PNR股票嗎？以下是分析師的看法：
- Wall Street's Most Accurate Analysts Give Their Take On 3 Tech Stocks Delivering High-Dividend Yields
- 華爾街最準確的分析師對三支科技股票的高股息收益率表達了自己的看法。
譯文內容由第三人軟體翻譯。
