Pentair Reaches New 52-Week High (PNR)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Pentair (NYSE: PNR) hit a new 52-week high Friday as it is currently trading at $53.25, above its previous 52-week high of $53.24 with 1.3 million shares traded as of 3:59 p.m. ET. Average volume has been 1.9 million shares over the past 30 days.

Pentair has a market cap of $11.09 billion and is part of the industrial goods sector and industrial industry. Shares are up 7.8% year to date as of the close of trading on Thursday.

Pentair Ltd. delivers products, services, and solutions for water and other fluids, thermal management, and equipment protection in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region. The company has a P/E ratio of 211.7, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Pentair as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Pentair Ratings Report.

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