Pentair: A Long-Term Addition Based On Strong Trends

business

Pentair plc (NYSE:PNR), is a company that has an international presence as a water treatment solutions provider. Within the company there are three segments that make up the company, they are Pool, Water Solutions, Industrials & Flow Technologies. The consumer solutions which are the first two segments are the main revenue generator for the company with around 75% of the total revenues coming from here. Also the most profitable with a return on sales of 23.3% compared to the 16.1% for the other segment. The company has performed very well and the outlook for the industry looks positive. Pair that with a fair forward p/e multiple of just under 15 and I think PNR stock deserves a ...

seekingalpha.com     Apr 25, 2023