WTS vs. DOV, IEX, SNA, GGG, PNR, NDSN, SWK, WWD, LECO, and ITT
Should you be buying Watts Water Technologies stock or one of its competitors? The main competitors of Watts Water Technologies include Dover (DOV), IDEX (IEX), Snap-on (SNA), Graco (GGG), Pentair (PNR), Nordson (NDSN), Stanley Black & Decker (SWK), Woodward (WWD), Lincoln Electric (LECO), and ITT (ITT). These companies are all part of the "industrial machinery" industry.
Dover (NYSE:DOV) and Watts Water Technologies (NYSE:WTS) are both industrial products companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, risk, community ranking, institutional ownership, earnings, profitability, dividends, valuation and analyst recommendations.
Dover has a net margin of 17.28% compared to Dover's net margin of 12.53%. Watts Water Technologies' return on equity of 25.04% beat Dover's return on equity.
84.5% of Dover shares are owned by institutional investors. Comparatively, 95.0% of Watts Water Technologies shares are owned by institutional investors. 1.3% of Dover shares are owned by insiders. Comparatively, 1.1% of Watts Water Technologies shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Dover received 436 more outperform votes than Watts Water Technologies when rated by MarketBeat users. Likewise, 61.60% of users gave Dover an outperform vote while only 56.90% of users gave Watts Water Technologies an outperform vote.
Dover has higher revenue and earnings than Watts Water Technologies. Dover is trading at a lower price-to-earnings ratio than Watts Water Technologies, indicating that it is currently the more affordable of the two stocks.
In the previous week, Dover had 9 more articles in the media than Watts Water Technologies. MarketBeat recorded 14 mentions for Dover and 5 mentions for Watts Water Technologies. Watts Water Technologies' average media sentiment score of 1.23 beat Dover's score of 0.97 indicating that Dover is being referred to more favorably in the media.
Dover presently has a consensus target price of $185.75, indicating a potential upside of 4.81%. Watts Water Technologies has a consensus target price of $199.50, indicating a potential upside of 6.70%. Given Dover's higher probable upside, analysts clearly believe Watts Water Technologies is more favorable than Dover.
Dover pays an annual dividend of $2.04 per share and has a dividend yield of 1.2%. Watts Water Technologies pays an annual dividend of $1.72 per share and has a dividend yield of 0.9%. Dover pays out 19.6% of its earnings in the form of a dividend. Watts Water Technologies pays out 21.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Watts Water Technologies has increased its dividend for 11 consecutive years. Dover is clearly the better dividend stock, given its higher yield and lower payout ratio.
Dover has a beta of 1.24, meaning that its share price is 24% more volatile than the S&P 500. Comparatively, Watts Water Technologies has a beta of 0.94, meaning that its share price is 6% less volatile than the S&P 500.
Summary
Dover beats Watts Water Technologies on 15 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding WTS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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