Pentair PLC
PNR: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$91.00 | Bzfkdp | Tnnrpwzvg |
Pentair Earnings: Price Attainment and Transformation Initiatives Drive Impressive Margin Expansion
Narrow-moat-rated Pentair posted solid first-quarter results, featuring a 7% year-over-year increase in adjusted EPS, from $0.85 to $0.91. We've raised our fair value estimate to $64 from $62, driven by our more optimistic operating margin assumptions as well as time value of money.