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Watts Water Technologies, Inc is a specialty industrial machinery business based in the US. Watts Water Technologies shares (WTS) are listed on the NYSE and all prices are listed in US Dollars. Watts Water Technologies employs 4,800 staff and has a trailing 12-month revenue of around USD$1.5 billion.
|Latest market close||USD$118.09|
|52-week range||USD$68.5376 - USD$120.2963|
|50-day moving average||USD$114.5194|
|200-day moving average||USD$96.089|
|Wall St. target price||USD$99.4|
|Dividend yield||USD$0.92 (0.79%)|
|Earnings per share (TTM)||USD$3.44|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-25)||-0.42%|
|1 month (2020-11-06)||6.49%|
|3 months (2020-09-04)||22.30%|
|6 months (2020-06-05)||29.58%|
|1 year (2019-12-05)||23.24%|
|2 years (2018-12-04)||64.47%|
|3 years (2017-12-05)||61.44%|
|5 years (2015-12-04)||115.22%|
Valuing Watts Water Technologies stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Watts Water Technologies's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Watts Water Technologies's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 34x. In other words, Watts Water Technologies shares trade at around 34x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Watts Water Technologies's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.9862. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Watts Water Technologies's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Watts Water Technologies's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$233.8 million.
The EBITDA is a measure of a Watts Water Technologies's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$1.5 billion|
|Operating margin TTM||12.41%|
|Gross profit TTM||USD$677.5 million|
|Return on assets TTM||6.86%|
|Return on equity TTM||11.89%|
|Market capitalisation||USD$3.9 billion|
TTM: trailing 12 months
There are currently 1.2 million Watts Water Technologies shares held short by investors – that's known as Watts Water Technologies's "short interest". This figure is 0.4% down from 1.2 million last month.
There are a few different ways that this level of interest in shorting Watts Water Technologies shares can be evaluated.
Watts Water Technologies's "short interest ratio" (SIR) is the quantity of Watts Water Technologies shares currently shorted divided by the average quantity of Watts Water Technologies shares traded daily (recently around 192590.34810127). Watts Water Technologies's SIR currently stands at 6.32. In other words for every 100,000 Watts Water Technologies shares traded daily on the market, roughly 6320 shares are currently held short.
However Watts Water Technologies's short interest can also be evaluated against the total number of Watts Water Technologies shares, or, against the total number of tradable Watts Water Technologies shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Watts Water Technologies's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 Watts Water Technologies shares in existence, roughly 40 shares are currently held short) or 0.0612% of the tradable shares (for every 100,000 tradable Watts Water Technologies shares, roughly 61 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Watts Water Technologies.
Find out more about how you can short Watts Water Technologies stock.
Dividend payout ratio: 24.6% of net profits
Recently Watts Water Technologies has paid out, on average, around 24.6% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.79% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Watts Water Technologies shareholders could enjoy a 0.79% return on their shares, in the form of dividend payments. In Watts Water Technologies's case, that would currently equate to about $0.92 per share.
While Watts Water Technologies's payout ratio might seem low, this can signify that Watts Water Technologies is investing more in its future growth.
Watts Water Technologies's most recent dividend payout was on 15 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 30 November 2020 (the "ex-dividend date").
Watts Water Technologies's shares were split on a 7204:10000 basis on 19 October 1999. So if you had owned 10000 shares the day before before the split, the next day you'd have owned 7204 shares. This wouldn't directly have changed the overall worth of your Watts Water Technologies shares – just the quantity. However, indirectly, the new 38.8% higher share price could have impacted the market appetite for Watts Water Technologies shares which in turn could have impacted Watts Water Technologies's share price.
Over the last 12 months, Watts Water Technologies's shares have ranged in value from as little as $68.5376 up to $120.2963. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Watts Water Technologies's is 0.9194. This would suggest that Watts Water Technologies's shares are less volatile than average (for this exchange).
Watts Water Technologies, Inc. designs, manufactures, and sells products and systems that manage and conserve the flow of fluids and energy into, through and out of buildings in the residential and commercial markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers residential and commercial flow control products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, and thermostatic mixing valves. It also provides heating, ventilation, and air conditioning and gas products, such as boilers, water heaters, and heating solution; hydronic and electric heating systems for under-floor radiant applications; custom heat and hot water solutions; hydronic pump groups for boiler manufacturers and alternative energy control packages; and flexible stainless steel connectors for natural and liquid propane gas in commercial food service and residential applications. In addition, the company offers drainage and water re-use products comprising drainage products and engineered rain water harvesting solutions for commercial, industrial, marine, and residential applications; and water quality products that include point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems for commercial and residential applications. Further, it provides smart mixing system under the IntelliStation name; thermostat with home automation voice recognition capabilities under the Invita name; and platinum boiler under the AERCO Benchmark name. The company sells its products to plumbing, heating, and mechanical wholesale distributors and dealers, as well as original equipment manufacturers, specialty product distributors, do-it-yourself chains, and retail chains; and directly to wholesalers and private label accounts. Watts Water Technologies, Inc. was founded in 1874 and is headquartered in North Andover, Massachusetts.
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