Analysts Offer Predictions for Everpure Q1 Earnings

Everpure, Inc. (NYSE:P) – Analysts at Northland Securities boosted their Q1 2028 earnings per share estimates for shares of Everpure in a research report issued to clients and investors on Thursday, September 24th. Northland Securities analyst N. Chokshi now forecasts that the company will post earnings per share of $0.30 for the quarter, up from their previous estimate of $0.16. The consensus estimate for Everpure’s current full-year earnings is $0.95 per share. Northland Securities also issued estimates for Everpure’s Q2 2028 earnings at $0.56 EPS and FY2028 earnings at $2.29 EPS.

P has been the subject of several other reports. Morgan Stanley boosted their price objective on Everpure from $119.00 to $137.00 and gave the company an “overweight” rating in a research report on Thursday. Lake Street Capital increased their price objective on shares of Everpure from $120.00 to $130.00 and gave the stock a “buy” rating in a research report on Thursday. DA Davidson set a $100.00 price objective on shares of Everpure in a report on Wednesday, July 1st. Wells Fargo & Company boosted their price objective on shares of Everpure from $135.00 to $145.00 and gave the company an “overweight” rating in a research report on Thursday, September 24th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $140.00 target price on shares of Everpure in a research note on Thursday, August 20th. Seventeen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $138.25.

Everpure Stock Up 2.7%

Shares of Everpure stock opened at $129.41 on Monday. The company has a market capitalization of $43.12 billion, a P/E ratio of 177.27, a P/E/G ratio of 4.20 and a beta of 1.43. The stock has a 50-day simple moving average of $97.82. Everpure has a 1 year low of $56.78 and a 1 year high of $131.41.

Everpure (NYSE:P) last posted its earnings results on Wednesday, August 26th. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.51. Everpure had a return on equity of 19.06% and a net margin of 5.94%.The firm had revenue of $1.19 billion for the quarter. The company’s revenue was up 37.7% compared to the same quarter last year.

Hedge Funds Weigh In On Everpure

Large investors have recently modified their holdings of the business. Norges Bank bought a new position in Everpure in the fourth quarter valued at approximately $265,327,000. Turiya Advisors Asia Ltd bought a new stake in shares of Everpure during the 4th quarter worth approximately $67,010,000. JANA Partners Management LP bought a new stake in shares of Everpure during the 2nd quarter worth approximately $77,939,000. Franklin Resources Inc. boosted its holdings in shares of Everpure by 28.5% in the 4th quarter. Franklin Resources Inc. now owns 3,007,431 shares of the company’s stock valued at $201,528,000 after buying an additional 666,941 shares during the last quarter. Finally, National Pension Service grew its stake in shares of Everpure by 782.9% in the fourth quarter. National Pension Service now owns 665,667 shares of the company’s stock valued at $44,606,000 after buying an additional 590,274 shares in the last quarter. 83.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Ajay Singh sold 42,930 shares of Everpure stock in a transaction that occurred on Thursday, September 24th. The shares were sold at an average price of $124.17, for a total value of $5,330,618.10. Following the sale, the insider directly owned 288,362 shares in the company, valued at $35,805,909.54. This trade represents a 12.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider John Colgrove sold 100,000 shares of the business’s stock in a transaction on Thursday, September 24th. The stock was sold at an average price of $115.96, for a total transaction of $11,596,000.00. Following the completion of the sale, the insider directly owned 5,793,309 shares in the company, valued at approximately $671,792,111.64. This represents a 1.70% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,050,980 shares of company stock worth $106,921,774 over the last quarter. 5.10% of the stock is owned by corporate insiders.

More Everpure News

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: Upbeat long-term forecast: Everpure’s forecast of roughly $7 billion in revenue reportedly exceeded Wall Street models, reinforcing optimism about demand from hyperscale customers and future growth. The company’s revenue recently rose 38% year over year to approximately $1.2 billion. Everpure’s $7 Billion Forecast Just Blew Past Wall Street’s Numbers
• Positive Sentiment: Analyst support is strengthening: J.P. Morgan maintained its Buy rating, while Northland Securities raised its forecast for Everpure’s first-quarter earnings. Additional coverage has highlighted improving earnings expectations and higher price targets. J.P. Morgan Sticks to Its Buy Rating for Everpure Everpure Q1 Earnings Forecast Raised by Northland Securities
• Positive Sentiment: Strong recent earnings momentum: Everpure beat quarterly earnings expectations by a wide margin, reporting $0.70 per share versus a $0.19 consensus estimate, while revenue reached $1.19 billion. This supports the bullish narrative, although the stock already trades at a very high earnings multiple.
• Neutral Sentiment: Valuation debate: A comparison with Vontier frames Everpure as a technology-services growth company rather than an obvious value stock. With a P/E ratio above 177, investors are paying heavily for continued execution and rapid expansion. VNT vs. P: Which Stock Should Value Investors Buy Now?
• Negative Sentiment: Cash-flow concerns: Despite strong revenue and operating-profit growth, Everpure posted negative operating cash flow of approximately $136 million. That raises questions about the quality and sustainability of reported earnings as the company invests for expansion. Everpure: Every Analyst Raised Targets After Analyst Day
• Negative Sentiment: Insider selling: Director Ajay Singh sold 42,930 shares for approximately $5.3 million, reducing his position by nearly 13%. The sale may be routine, but it can weigh on sentiment while the stock trades near record levels. SEC insider transaction filing

Everpure Company Profile

Everpure is a water-treatment and filtration brand owned by Pentair plc, rather than a separately listed company trading under the NYSE symbol P. The brand provides filtration and water-conditioning solutions for residential, commercial, foodservice, and beverage applications.

Its product portfolio includes water filters, cartridges, heads, manifolds, reverse-osmosis systems, scale-reduction products, and related treatment equipment. Everpure systems are used to improve water quality and help protect equipment in applications such as drinking-water dispensers, coffee and tea equipment, ice machines, restaurants, and other foodservice operations.

Everpure was established in 1933 and serves customers through Pentair’s global water-solutions business.