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Watts Water Technologies (WTS)
NYSE:WTS
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WTS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$166.89 - $218.65
Previous Close$188.88
Volume208.87K
Average Volume (3M)166.89K
Market Cap
$6.30B
Enterprise Value$6.35B
Total Cash (Recent Filing)$237.10M
Total Debt (Recent Filing)$283.50M
Price to Earnings (P/E)23.4
Beta1.28
Next Earnings
Jul 31, 2024EPS Estimate
$2.33Last Dividend Ex-Date
May 31, 2024Dividend Yield0.8%
Share Statistics
EPS (TTM)8.05
Shares Outstanding33,370,664
10 Day Avg. Volume204,183
30 Day Avg. Volume166,892
Standard Deviation0.07
R-Squared0.44
Alpha0.00691
Financial Highlights & Ratios
Price to Book (P/B)4.09
Price to Sales (P/S)2.48
Price to Cash Flow (P/CF)14.10
P/FCF Ratio15.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.95
Enterprise Value/Gross Profit6.61
Enterprise Value/Ebitda19.91
Forecast
1Y Price Target
$216.33Price Target Upside12.53% Upside
Rating ConsensusHold
Number of Analyst Covering6
Watts Water Technologies News
Bulls Say, Bears Say
Bulls Say
EarningsWTS reported a 1Q24 beat with revenue of $571 million above consensus estimates.
GrowthSales increased 21% year-over-year to $571 million on 6% organic growth.
Operating MarginsAdjusted operating margins came in well above the company’s guidance driven by strong results in North America.
Bears Say
Geographic PerformanceEurope declined (5%) yoy on an organic basis due to economic headwinds and reduced energy incentives in Germany and Italy.
Market ConditionsHeadwinds in Europe are beginning to emerge resulting in some uncertainty in the back half of the year.
ValuationValuation levels are still relatively full against more muted 2024 (and likely 2025) expectations.
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Ownership Overview
4.80% Insiders
26.84% Mutual Funds
29.65% Other Institutional Investors
38.71% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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WTS FAQ
What was Watts Water Technologies’s price range in the past 12 months?
Watts Water Technologies lowest stock price was $166.89 and its highest was $218.65 in the past 12 months.
What is Watts Water Technologies’s market cap?
Currently, no data Available
When is Watts Water Technologies’s upcoming earnings report date?
Watts Water Technologies’s upcoming earnings report date is Jul 31, 2024 which is 80 days ago.
How were Watts Water Technologies’s earnings last quarter?
Watts Water Technologies released its earnings results on May 08, 2024. The company reported $2.33 earnings per share for the quarter, beating the consensus estimate of $2.103 by $0.227.
Is Watts Water Technologies overvalued?
According to Wall Street analysts Watts Water Technologies’s price is currently Undervalued.
Does Watts Water Technologies pay dividends?
Watts Water Technologies pays a Quarterly dividend of $0.43 which represents an annual dividend yield of 0.8%. See more information on Watts Water Technologies dividends here
What is Watts Water Technologies’s EPS estimate?
Watts Water Technologies’s EPS estimate is $2.33.
How many shares outstanding does Watts Water Technologies have?
Watts Water Technologies has 27,412,374 shares outstanding.
What happened to Watts Water Technologies’s price movement after its last earnings report?
Watts Water Technologies reported an EPS of $2.33 in its last earnings report, beating expectations of $2.103. Following the earnings report the stock price went down -0.51%.
Which hedge fund is a major shareholder of Watts Water Technologies?
Among the largest hedge funds holding Watts Water Technologies’s share is Mirova US LLC. It holds Watts Water Technologies’s shares valued at 149M.
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Watts Water Technologies Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$216.33 (12.53% Upside)
$216.33 (12.53% Upside)
Blogger Sentiment
Bullish
WTS Sentiment 83%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 12.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 2.1%
Last 30 Days ▲ 0.8%
Last 30 Days ▲ 0.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
4.65%
12-Months-Change
Fundamentals
Return on Equity
18.64%
Trailing 12-Months
Asset Growth
17.21%
Trailing 12-Months
Company Description
Watts Water Technologies
Watts Water Technologies, Inc. engages in the manufacture and provision of products for water conservation, safety, and flow control. It operates through the following geographic segments: Americas, Europe, and Asia-Pacific, Middle East and Africa. Its services include plumbing and flow control solutions, water quality and conditioning, water reuse and drainage, heating, ventilation, and air conditioning, and municipal waterworks. The company was founded in 1985 and is headquartered in North Andover, MA.
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WTS Company Deck
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WTS Earnings Call
Q1 2024
0:00 / 0:00
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WTS Stock 12 Month Forecast
Average Price Target
$216.33
▲(12.53% Upside)
Technical Analysis
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