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Pentair Unveils High Performing Energy Efficient Pumps
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Pentair Plc (PNR - Free Report) has recently released its energy-efficient pumps for commercial building applications. These high-performance pumps are redesigned to provide greater durability and usability for the end operator. In fact, these pumps have also exceeded pump efficiency standards of the U.S. Department of Energy (DOE).
Pentair aims to deliver a new line of pumps with innovative hydraulics and an upgraded design to simplify installation and maintenance. The newly upgraded end suction and vertical in-line pumps will be released under the Pentair Aurora and Pentair Fairbanks Nijhuis brands. New pumps feature higher working pressure thresholds to perform through several conditions. Further, shared hydraulics were incorporated to reduce inventory complications that can impact replacement and maintenance schedules. Additionally, these pumps have been upgraded with stainless steel impellers and ductile iron castings.
Pentair is also simplifying the pump selection process by enhancing its online pump selector tool for commercial building engineers and distributor partners. Users will be able to review configurations and pricing more easily on their desktop and cellphones. Now users can create projects and share them directly with customers through a new project portal. Consequently, customers can download the documents and quickly convert projects to quotes.
The Pentair Encompass Pump Selection Tool now offers greater functionality for users to compare and select the right Pentair pumping solution.
Pentair plans to expand particularly in pool, residential and commercial water treatment areas through acquisitions, and focus on China and Southeast Asia. In sync with this, the company acquired Aquion, which will help it expand scope and enhance customer offerings in the residential and commercial water treatment arena. Pentair has also acquired Pelican Water Systems, which provides residential whole home water treatment systems. Pelican Water Systems adds new and complementary products and services to Pentair’s portfolio, enabling it to meet consumers’ residential water needs. To improve the growth rate, Pentair plans to make some incremental investments in the Aquatic Systems business. Also, the company continues to increase product introductions, inclusive of smart technologies.
Nevertheless, wet and cold weather delayed pool construction activity in several of Pentair’s key markets. As a result of slower sell-through, inventory levels have not gone down as expected. Results in the upcoming quarters are likely to be dented if the inventory levels are not reduced or end-market growth does not resume.
A few better-ranked stocks in the Industrial Products sector are Albany International Corporation (AIN - Free Report) , AGCO Corporation (AGCO - Free Report) and UFP Technologies, Inc. (UFPT - Free Report) . While Albany International sports a Zacks Rank #1 (Strong Buy), AGCO Corp and UFP Technologies carry a Zacks Rank of 2 (Buy), at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Albany International has an estimated earnings growth rate of 33.85% for 2019. The company’s shares have surged 40.1% year to date.
AGCO Corp has a projected earnings growth rate of 11.2% for the current year. The stock has gained 18.4% so far this year.
UFP Technologies has an expected earnings growth rate of 8.10% for the ongoing year. The stock has jumped 31.5% in the year-to-date period.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
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Pentair Unveils High Performing Energy Efficient Pumps
Pentair Plc (PNR - Free Report) has recently released its energy-efficient pumps for commercial building applications. These high-performance pumps are redesigned to provide greater durability and usability for the end operator. In fact, these pumps have also exceeded pump efficiency standards of the U.S. Department of Energy (DOE).
Pentair aims to deliver a new line of pumps with innovative hydraulics and an upgraded design to simplify installation and maintenance. The newly upgraded end suction and vertical in-line pumps will be released under the Pentair Aurora and Pentair Fairbanks Nijhuis brands. New pumps feature higher working pressure thresholds to perform through several conditions. Further, shared hydraulics were incorporated to reduce inventory complications that can impact replacement and maintenance schedules. Additionally, these pumps have been upgraded with stainless steel impellers and ductile iron castings.
Pentair is also simplifying the pump selection process by enhancing its online pump selector tool for commercial building engineers and distributor partners. Users will be able to review configurations and pricing more easily on their desktop and cellphones. Now users can create projects and share them directly with customers through a new project portal. Consequently, customers can download the documents and quickly convert projects to quotes.
The Pentair Encompass Pump Selection Tool now offers greater functionality for users to compare and select the right Pentair pumping solution.
Pentair plans to expand particularly in pool, residential and commercial water treatment areas through acquisitions, and focus on China and Southeast Asia. In sync with this, the company acquired Aquion, which will help it expand scope and enhance customer offerings in the residential and commercial water treatment arena. Pentair has also acquired Pelican Water Systems, which provides residential whole home water treatment systems. Pelican Water Systems adds new and complementary products and services to Pentair’s portfolio, enabling it to meet consumers’ residential water needs. To improve the growth rate, Pentair plans to make some incremental investments in the Aquatic Systems business. Also, the company continues to increase product introductions, inclusive of smart technologies.
Nevertheless, wet and cold weather delayed pool construction activity in several of Pentair’s key markets. As a result of slower sell-through, inventory levels have not gone down as expected. Results in the upcoming quarters are likely to be dented if the inventory levels are not reduced or end-market growth does not resume.
Pentair plc Price and Consensus
Pentair plc price-consensus-chart | Pentair plc Quote
Zacks Rank & Stocks to Consider
Pentair currently carries a Zacks Rank #4 (Sell).
A few better-ranked stocks in the Industrial Products sector are Albany International Corporation (AIN - Free Report) , AGCO Corporation (AGCO - Free Report) and UFP Technologies, Inc. (UFPT - Free Report) . While Albany International sports a Zacks Rank #1 (Strong Buy), AGCO Corp and UFP Technologies carry a Zacks Rank of 2 (Buy), at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Albany International has an estimated earnings growth rate of 33.85% for 2019. The company’s shares have surged 40.1% year to date.
AGCO Corp has a projected earnings growth rate of 11.2% for the current year. The stock has gained 18.4% so far this year.
UFP Technologies has an expected earnings growth rate of 8.10% for the ongoing year. The stock has jumped 31.5% in the year-to-date period.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
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