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 Thursday as it is currently trading at $54.84, above its previous 52-week high of $54.77 with 118,371 shares traded as of 10:05 a.m. ET. Average volume has been 1.5 million shares over the past 30 days.

Pentair has a market cap of $10.82 billion and is part of the industrial goods sector and industrial industry. Shares are up 10.6% year to date as of the close of trading on Wednesday.

Pentair Ltd. delivers products, services, and solutions for water and other fluids, thermal management, and equipment protection in the United States, Europe, Asia, and other regions.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates Pentair as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, solid stock price performance and growth in earnings per share. 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.

See all 52-week high stocks or get investment ideas from our investment research center.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.
null

If you liked this article you might like

Pentair Upgraded by TheStreet Quantitative Service
As GE Eyes Big Breakup Expect This Activist to Be Watching

As GE Eyes Big Breakup Expect This Activist to Be Watching

Jim Cramer: Good Cyclical Stocks to Buy Are in Short Supply

Jim Cramer: Good Cyclical Stocks to Buy Are in Short Supply

These Are the Biggest Winners and Losers in Activist Investing This Year

These Are the Biggest Winners and Losers in Activist Investing This Year

19 Amazing Stocks to Buy With Economy Doing Great

19 Amazing Stocks to Buy With Economy Doing Great