Here's What Analysts Are Forecasting For Pentair Plc (NYSE:PNR) After Its Second-Quarter Results
Here's What Analysts Are Forecasting For Pentair Plc (NYSE:PNR) After Its Second-Quarter Results
Investors in Pentair plc (NYSE:PNR) had a good week, as its shares rose 7.9% to close at US$86.11 following the release of its quarterly results. Pentair reported US$1.1b in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of US$1.11 beat expectations, being 3.1% higher than what the analysts expected. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
濱特爾股份有限公司(NYSE:PNR)的投資者在公司公佈季度業績後有所收穫,公司股票上漲7.9%,收於86.11美元。營業收入達到11億美元,基本符合分析師的預期,雖然每股收益爲1.11美元,超出預期,比分析師預期高3.1%。投資者認爲該數據對公司的股價影響重大,可以追蹤公司的業績和分析師預測,還可以看是否有市場情緒變化。我們認爲讀者可能會對分析師對公司明年(按規定)業績後的最新預測感興趣。
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Following last week's earnings report, Pentair's 18 analysts are forecasting 2024 revenues to be US$4.10b, approximately in line with the last 12 months. Statutory earnings per share are forecast to reduce 3.3% to US$3.85 in the same period. In the lead-up to this report, the analysts had been modelling revenues of US$4.19b and earnings per share (EPS) of US$3.85 in 2024. The consensus seems maybe a little more pessimistic, trimming their revenue forecasts after the latest results even though there was no change to its EPS estimates.
在上週發佈季度業績之後,濱特爾的18位分析師預計2024年的營收將達到41億美元,與過去12個月大致相等。同期公司的每股收益預計將下降3.3%至3.85美元。在此報告之前,分析師曾在對2024年美元的營收預測爲41.9億美元,在每股收益預測方面爲3.85美元。儘管沒有更改EPS預測,但共識似乎變得更加悲觀,並在最新業績結果之後修正了其營收預測。
The consensus has reconfirmed its price target of US$94.06, showing that the analysts don't expect weaker revenue expectations next year to have a material impact on Pentair's market value. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. The most optimistic Pentair analyst has a price target of US$101 per share, while the most pessimistic values it at US$81.00. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.
共識已再次確認其目標價值爲94.06美元,這表明分析師不希望明年的營收預期對濱特爾的市場價值產生實質性影響。但是,還有另一種看待目標價格的方式,那就是查看分析師提出的目標價格範圍,因爲廣泛的估計範圍可能表明對業務可能結果的看法不同。最樂觀的Pentair分析師的目標價值爲每股101美元,而最悲觀的目標價值爲每股81.00美元。但是,估計範圍如此緊密,這表明分析師對他們認爲公司價值的看法非常清晰。
Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 0.7% by the end of 2024. This indicates a significant reduction from annual growth of 8.9% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 3.5% per year. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - Pentair is expected to lag the wider industry.
現在看問題的更大畫面,我們可以比較這些預測與過去業績和行業增長預測的表現。這些預測意味着營收預計將放緩,到2024年底年化下降0.7%。與過去5年的年增長率8.9%相比,這表示大幅下降。與我們的數據進行比較,我們發現行業中其他公司預計每年收入增長3.5%。因此,儘管預計其營收將縮減,但這並沒有銀色襯裏,濱特爾預計將落後於整個行業板塊。
The Bottom Line
最重要的事情是分析師增加了它對下一年每股虧損的估計。令人欣慰的是,營收預測未發生重大變化,業務仍有望比整個行業增長更快。共識價格目標穩定在28.50美元,最新估計不足以對價格目標產生影響。
The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than the wider industry. Even so, earnings are more important to the intrinsic value of the business. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
最明顯的結論是,公司的前景近期沒有發生重大變化,分析師維持其盈利預測穩定,與先前的預測保持一致。消極的是,他們還下調了其營收預測,而預測表明它們將表現比整個行業板塊更差。即使如此,收益對於業務的內在價值更爲重要。共識目標價格沒有真正變化,這表明業務的內在價值沒有在最新估計中發生任何重大變化。
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At Simply Wall St, we have a full range of analyst estimates for Pentair going out to 2026, and you can see them free on our platform here..
在思路的推進中,我們認爲公司的長期前景比明年的收益更爲相關。在Simply Wall St,我們對Pentair的分析師估計進行了全面的預測,截至2026年,您可以在此免費查看。
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Pentair that you should be aware of.
不要忘記仍然可能存在風險。例如,我們已經確定了Pentair的1個警告信號,您需要知道。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。