Pentair plc (PNR - Free Report) has introduced Internet of Things (IoT) service solution for Beer Membrane Filtration (BMF) systems. The IoT service solution will support breweries to improve product qualityand safety, while reducing energy and water consumption.
Notably, Pentair’s proficiency in optimizing the brewing process will provide brewers with a customizable dashboard to view relevant process parameters. Designed to boost operational performance, the BMF IoT service solution will aid operators in producing high quality beer, and help lower operating and upstream costs as well.
Pentair has showcased its brands, which include Pentair Haffmans, Pentair Union Engineering, Pentair Südmo, Pentair X-Flow, Pentair Everpure and Pentair Shurflo at BrauBeviale 2018, an international trade fair for the entire beverage production process chain in Nürnberg, Germany.
Moreover, Pentair continues to increase its product introductions, inclusive of smart technologies, and has rolled out two automation systems. The company’s investments include technology upgrades, digital marketing campaigns, incremental sales resources and dealer tools, as well as working on value propositions and alternative channel support.
Pentair has underperformed the industry it belongs to in the past year. The stock has lost 38% compared with the industry’s 6% decline.
Zacks Rank & Key Picks
Pentair carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the same sector include CECO Environmental Corp. (CECE - Free Report) , Flowserve Corporation (FLS - Free Report) and Mobile Mini, Inc. (MINI - Free Report) . All these stocks carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
CECO has a long-term earnings growth rate of 15%. The stock has surged around 52% in a year’s time.
Flowserve has a long-term earnings growth rate of 17.3%. The company’s shares have been up 22% during the past year.
Mobile Mini has a long-term earnings growth rate of 14%. Its shares have rallied 24% in the past year.
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