While Watts Water Technologies, Inc has overperformed by 0.06%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, WTS rose by 5.36%, with highs and lows ranging from $222.70 to $175.37, whereas the simple moving average jumped by 3.43% in the last 200 days.
On December 17, 2024, Deutsche Bank started tracking Watts Water Technologies, Inc (NYSE: WTS) recommending Hold. A report published by Northcoast on November 04, 2024, Upgraded its rating to ‘Buy’ for WTS. Deutsche Bank also Downgraded WTS shares as ‘Hold’, setting a target price of $150 on the company’s shares in a report dated January 11, 2023. Deutsche Bank Initiated an Buy rating on August 18, 2022, and assigned a price target of $192. Northcoast initiated its ‘Neutral’ rating for WTS, as published in its report on July 15, 2022. Stifel’s report from December 15, 2020 suggests a price prediction of $124 for WTS shares, giving the stock a ‘Hold’ rating. Boenning & Scattergood also rated the stock as ‘Neutral’.
Analysis of Watts Water Technologies, Inc (WTS)
Investors in Watts Water Technologies, Inc will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $1.65 per share. Further, the quarter-over-quarter increase in sales is 7.79%, showing a positive trend in the upcoming months.
One of the most important indicators of Watts Water Technologies, Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 17.80% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.55, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and WTS is recording 143.18K average volume. On a monthly basis, the volatility of the stock is set at 2.23%, whereas on a weekly basis, it is put at 2.18%, with a gain of 6.23% over the past seven days. Furthermore, long-term investors anticipate a median target price of $205.17, showing decline from the present price of $207.45, which can serve as yet another indication of whether WTS is worth investing in or should be passed over.
How Do You Analyze Watts Water Technologies, Inc Shares?
The Specialty Industrial Machinery market is dominated by Watts Water Technologies, Inc (WTS) based in the USA. When comparing Watts Water Technologies, Inc shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 24.86, there is a growth in quarterly earnings of 5.01%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 18.98%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 81.87% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
WTS shares are owned by institutional investors to the tune of 81.87% at present.
