PNR Price Prediction Next Week
Based on the available data and current market conditions, here is the analysis for PNR's price prediction for next week:
Technical Analysis
The technical indicators show:
- Current price: $97.01 (pre-market)
- Fibonacci levels indicate key resistance at $104.26 and support at $98.07
- RSI(14) at 36.74 suggests oversold conditions
- MACD at -0.90 shows bearish momentum
- Price is trading below 20-day SMA ($101.53) but above 200-day SMA ($91.49)
News Sentiment Analysis
Recent analyst actions show mixed but generally positive outlook:
- Barclays: Buy rating with $120 target
- KeyBanc: Hold rating with $115 target
- Stifel: Buy rating with $125 target
- Citigroup: Buy rating with $119 target
Q4 2024 results were strong:
- Adjusted EPS of $1.08 beat consensus of $1.02
- However, FY25 guidance of $4.65-$4.80 EPS is below consensus of $4.83
Price Prediction for Next Week Based on technical and fundamental factors:
- Short-term resistance: $104.26
- Short-term support: $98.07
- Target price range: $99-102
The stock is likely to trade sideways with slight upward bias next week due to:
- Oversold RSI suggesting potential bounce
- Strong analyst support with average price target of $120
- Recent earnings beat providing fundamental support
- However, bearish MACD may limit immediate upside
Trading Recommendation: BUY at current levels ($97.01) with stop loss at $96.00. First target $99.00, second target $102.00.
PNR Similar Chart Price Prediction
The price of PNR is predicted to go up 4.45%, based on the high correlation periods with JOUT. The similarity of these two price pattern on the periods is 92.04%.
PNR
JOUT
Up: 4.45%Similarity: 92.04%
PNR Revenue Forecast
PNR EPS Forecast
PNR FAQs
What is bull’s view on PNR?
What is bear's view on PNR?
What is PNR revenue forecast for next quarter？
What is PNR eps forecast for next quarter？
PNR VS S&P500
Pentair is a pure-play water company poised to benefit from demand for sustainable and energy-efficient water solutions.
The pool business continues to deliver solid revenue growth, consistent market share gains, and lucrative operating margins.
Pentair's transformation initiatives have continued to drive strong margin expansion in recent years.
PNR Analyst's Forecast
Andrew Kaplowitz
Citigroup
Strong Buy
2025-01-13
Price Target
$126 → $119
Upside
+20.64%
Citi lowered the firm's price target on Pentair to $119 from $126 and keeps a Buy rating on the shares. The Q4 earnings for industrial conglomerates and electrical equipment names should be largely in-line with expectations and reflective of "still mixed" underlying demand trends among industrial end markets with currency headwinds contributing to some earnings pressure that likely limits potential upside, the analyst tells investors in a research note. The firm says that with investors focused on 2025, it sees some "ongoing bifurcation" with respect to growth expectations as likely to continue into the new year. Citi's top picks into Q4 include Flowserve (FLS), Vertiv (VRT), Dover (DOV), and Honeywell (HON).
Jeffrey Hammond
Keybanc
Buy → Hold
2025-01-06
Price Target
$115
Upside
+15.55%
Nathan Jones
Stifel
Strong Buy
2024-12-11
Price Target
$115 → $126
Upside
+15.37%
