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.
滨特尔股份有限公司(NYSE:PNR)的投资者在公司公布季度财报后有所收获,公司股票上涨7.9%,收于86.11美元。营业收入达到11亿美元,基本符合分析师的预期,虽然每股收益为1.11美元,超出预期,比分析师预期高3.1%。投资者认为该数据对公司的股价影响重大,可以追踪公司的业绩和分析师预测,还可以看是否有市场情绪变化。我们认为读者可能会对分析师对公司明年(按规定)财报后的最新预测感兴趣。
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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.
在上周发布季度财报之后,滨特尔的18位分析师预计2024年的营收将达到41亿美元,与过去12个月大致相等。同期公司的每股收益预计将下降3.3%至3.85美元。在此报告之前,分析师曾在对2024年美元的营收预测为41.9亿美元,在每股收益预测方面为3.85美元。尽管没有更改EPS预测,但共识似乎变得更加悲观,并在最新财报结果之后修正了其营收预测。
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.
共识已再次确认其目标价值为94.06美元,这表明分析师不希望明年的营收预期对滨特尔的市场价值产生实质性影响。但是,还有另一种看待目标价格的方式,那就是查看分析师提出的目标价格范围,因为广泛的估计范围可能表明对业务可能结果的看法不同。最乐观的Pentair分析师的目标价值为每股101美元,而最悲观的目标价值为每股81.00美元。但是,估计范围如此紧密,这表明分析师对他们认为公司价值的看法非常清晰。
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.
现在看问题的更大画面,我们可以比较这些预测与过去业绩和行业增长预测的表现。这些预测意味着营收预计将放缓,到2024年底年化下降0.7%。与过去5年的年增长率8.9%相比,这表示大幅下降。与我们的数据进行比较,我们发现行业中其他公司预计每年收入增长3.5%。因此,尽管预计其营收将缩减,但这并没有银色衬里,滨特尔预计将落后于整个行业板块。
The Bottom Line
最重要的事情是分析师增加了它对下一年每股亏损的估计。令人欣慰的是,营收预测未发生重大变化,业务仍有望比整个行业增长更快。共识价格目标稳定在28.50美元,最新估计不足以对价格目标产生影响。
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.
最明显的结论是,公司的前景近期没有发生重大变化,分析师维持其盈利预测稳定,与先前的预测保持一致。消极的是,他们还下调了其营收预测,而预测表明它们将表现比整个行业板块更差。即使如此,收益对于业务的内在价值更为重要。共识目标价格没有真正变化,这表明业务的内在价值没有在最新估计中发生任何重大变化。
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..
在思路的推进中,我们认为公司的长期前景比明年的收益更为相关。在Simply Wall St,我们对Pentair的分析师估计进行了全面的预测,截至2026年,您可以在此免费查看。
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.
不要忘记仍然可能存在风险。例如,我们已经确定了Pentair的1个警告信号,您需要知道。
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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.
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这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
对本文有任何反馈?对内容有任何疑虑?请直接与我们联系。或者,发送电子邮件至editorial-team@simplywallst.com。