Promising Water Stocks To Keep An Eye On - November 11th

Key Points

• MarketBeat’s screen flagged Coca-Cola, Xylem, Ecolab, IDEXX Laboratories, and Waters as water-related stocks with the highest recent dollar trading volume. The group spans beverage sales, water infrastructure and treatment, water testing, and analytical technologies.
• In Wednesday trading, Coca-Cola, Ecolab, and IDEXX shares rose, while Xylem and Waters fell. Coca-Cola and IDEXX traded near their respective 12-month highs; Xylem was closer to its 12-month low.
• The stocks differ substantially in valuation and business exposure: for example, Waters reported a P/E ratio above 200, while Xylem’s was about 21, underscoring that the “water stocks” label does not imply similar investment profiles.

Coca-Cola, Xylem, Ecolab, IDEXX Laboratories, and Waters are the five Water stocks to watch today, according to MarketBeat's stock screener tool. “Water stocks” are shares of publicly traded companies involved in water supply, utilities, treatment, infrastructure, or related technologies. Investors often group them as a thematic investment tied to demand for clean water, though their returns depend on each company’s performance and broader market conditions. These companies had the highest dollar trading volume of any Water stocks within the last several days.

Coca-Cola (KO)

The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.

Shares of KO stock traded up $0.30 during mid-day trading on Wednesday, reaching $97.22. The stock had a trading volume of 6,892,026 shares, compared to its average volume of 17,005,178. The company has a current ratio of 1.38, a quick ratio of 1.19 and a debt-to-equity ratio of 0.93. The company has a market cap of $418.21 billion, a P/E ratio of 28.58, a price-to-earnings-growth ratio of 3.75 and a beta of 0.28. The business has a 50-day simple moving average of $90.25 and a 200 day simple moving average of $82.93. Coca-Cola has a 12-month low of $67.27 and a 12-month high of $97.39.

Read Our Latest Research Report on KO

Xylem (XYL)

Xylem Inc., together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.

NYSE:XYL traded down $1.18 on Wednesday, reaching $95.66. The stock had a trading volume of 2,911,605 shares, compared to its average volume of 2,207,076. The company has a market cap of $21.94 billion, a price-to-earnings ratio of 21.17, a P/E/G ratio of 1.66 and a beta of 1.01. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.39 and a quick ratio of 1.02. Xylem has a 12-month low of $87.40 and a 12-month high of $151.99. The firm's fifty day moving average is $103.04 and its two-hundred day moving average is $116.04.

Read Our Latest Research Report on XYL

Ecolab (ECL)

Ecolab Inc. provides water, hygiene, and infection prevention solutions and services in the United States and internationally. The company operates through three segments: Global Industrial; Global Institutional & Specialty; and Global Healthcare & Life Sciences. The Global Industrial segment offers water treatment and process applications, and cleaning and sanitizing solutions to manufacturing, food and beverage processing, transportation, chemical, metals and mining, power generation, pulp and paper, commercial laundry, petroleum, refining, and petrochemical industries.

Shares of ECL stock traded up $0.51 during trading hours on Wednesday, hitting $306.54. 562,275 shares of the company were exchanged, compared to its average volume of 1,464,468. Ecolab has a 1 year low of $243.15 and a 1 year high of $318.93. The firm has a fifty day moving average of $284.85 and a 200 day moving average of $277.18. The firm has a market cap of $85.97 billion, a PE ratio of 41.69, a PEG ratio of 2.98 and a beta of 0.85. The company has a quick ratio of 0.84, a current ratio of 1.11 and a debt-to-equity ratio of 1.14.

Read Our Latest Research Report on ECL

IDEXX Laboratories (IDXX)

IDEXX Laboratories, Inc. develops, manufactures, and distributes products primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets in Africa, the Asia Pacific, Canada, Europe, Latin America, and internationally. The company operates through three segments: Companion Animal Group; Water Quality Products; and Livestock, Poultry and Dairy.

Shares of IDEXX Laboratories stock traded up $6.83 during trading hours on Wednesday, reaching $703.47. The stock had a trading volume of 208,854 shares, compared to its average volume of 581,482. The firm has a market capitalization of $55.43 billion, a price-to-earnings ratio of 47.38 and a beta of 1.55. The company has a current ratio of 1.19, a quick ratio of 0.88 and a debt-to-equity ratio of 0.16. IDEXX Laboratories has a 1 year low of $500.61 and a 1 year high of $769.98. The firm has a 50 day simple moving average of $552.58 and a two-hundred day simple moving average of $573.43.

Read Our Latest Research Report on IDXX

Waters (WAT)

Waters Corporation provides analytical workflow solutions in Asia, the Americas, and Europe. It operates through two segments: Waters and TA. The company designs, manufactures, sells, and services high and ultra-performance liquid chromatography, as well as mass spectrometry (MS) technology systems and support products, including chromatography columns, other consumable products, and post-warranty service plans.

Waters stock traded down $3.85 during trading on Wednesday, reaching $471.67. 304,255 shares of the company's stock were exchanged, compared to its average volume of 967,395. The company's 50-day moving average is $437.19 and its two-hundred day moving average is $373.01. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.40 and a current ratio of 0.66. Waters has a 52-week low of $282.77 and a 52-week high of $483.33. The firm has a market cap of $46.34 billion, a price-to-earnings ratio of 202.27, a PEG ratio of 2.71 and a beta of 1.16.

Read Our Latest Research Report on WAT

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