Promising Water Stocks To Research - November 6th

Key Points

• MarketBeat identified seven water-related stocks to watch based on recent dollar trading volume: Coca-Cola, Ecolab, American Water Works, Waters, IDEXX Laboratories, NuScale Power and Xylem.
• The group spans water utilities and infrastructure, treatment and testing technology, and companies with water-related businesses such as Coca-Cola and NuScale Power. Their exposure to water demand comes with risks tied to regulation, infrastructure spending and broader business conditions.
• Friday trading was mixed: Coca-Cola, Waters, IDEXX and NuScale rose, while Ecolab, American Water Works and Xylem fell. Valuations varied widely, with Waters at a reported P/E of 196.30 and NuScale posting negative earnings.

Coca-Cola, Ecolab, American Water Works, Waters, IDEXX Laboratories, NuScale Power, and Xylem are the seven Water stocks to watch today, according to MarketBeat's stock screener tool. Water stocks are shares of companies involved in supplying, treating, or managing water, such as utilities, infrastructure providers, and water-technology firms. Investors may view them as a way to gain exposure to demand for essential water services, though their performance depends on factors such as regulation, infrastructure spending, and business 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 Coca-Cola stock traded up $0.19 during midday trading on Friday, hitting $95.92. The company's stock had a trading volume of 9,964,683 shares, compared to its average volume of 17,013,598. The company has a quick ratio of 1.19, a current ratio of 1.38 and a debt-to-equity ratio of 0.93. Coca-Cola has a 1-year low of $67.27 and a 1-year high of $97.39. The stock has a 50-day simple moving average of $89.83 and a 200-day simple moving average of $82.57. The firm has a market capitalization of $412.62 billion, a P/E ratio of 28.22, a PEG ratio of 3.74 and a beta of 0.28.

Read Our Latest Research Report on KO

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.

ECL traded down $3.78 on Friday, reaching $302.05. 1,146,487 shares of the company traded hands, compared to its average volume of 1,463,624. Ecolab has a 52-week low of $243.15 and a 52-week high of $318.93. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.11 and a quick ratio of 0.84. The company has a market cap of $84.71 billion, a price-to-earnings ratio of 41.09, a PEG ratio of 3.07 and a beta of 0.85. The stock's 50 day moving average price is $283.71 and its 200-day moving average price is $276.79.

Read Our Latest Research Report on ECL

American Water Works (AWK)

American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems.

Shares of AWK traded down $2.87 during midday trading on Friday, reaching $149.55. 1,834,291 shares of the stock were exchanged, compared to its average volume of 2,010,276. The company has a market cap of $29.78 billion, a price-to-earnings ratio of 25.93, a P/E/G ratio of 3.05 and a beta of 0.56. The firm has a 50 day simple moving average of $136.47 and a 200-day simple moving average of $132.77. The company has a quick ratio of 0.36, a current ratio of 0.39 and a debt-to-equity ratio of 1.17. American Water Works has a 12-month low of $120.57 and a 12-month high of $153.69.

Read Our Latest Research Report on AWK

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.

Shares of WAT traded up $4.63 during trading hours on Friday, hitting $457.71. 381,740 shares of the company were exchanged, compared to its average volume of 968,523. Waters has a 52 week low of $282.77 and a 52 week high of $482.28. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.29 and a current ratio of 0.66. The firm's 50 day moving average is $433.96 and its 200-day moving average is $371.87. The company has a market cap of $44.97 billion, a PE ratio of 196.30, a PEG ratio of 2.71 and a beta of 1.16.

Read Our Latest Research Report on WAT

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.

IDXX traded up $3.64 during trading on Friday, hitting $674.35. The stock had a trading volume of 249,292 shares, compared to its average volume of 581,618. The company has a current ratio of 1.19, a quick ratio of 0.87 and a debt-to-equity ratio of 0.16. The company has a 50 day simple moving average of $544.13 and a 200-day simple moving average of $573.40. The firm has a market cap of $53.13 billion, a PE ratio of 45.53 and a beta of 1.55. IDEXX Laboratories has a 12 month low of $500.61 and a 12 month high of $769.98.

Read Our Latest Research Report on IDXX

NuScale Power (SMR)

NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs.

Shares of SMR stock traded up $0.59 during trading hours on Friday, reaching $4.96. 27,798,474 shares of the company's stock were exchanged, compared to its average volume of 31,462,535. NuScale Power has a fifty-two week low of $4.28 and a fifty-two week high of $32.09. The business has a fifty day moving average price of $7.54 and a 200-day moving average price of $10.63. The stock has a market capitalization of $2.13 billion, a P/E ratio of -1.69 and a beta of 2.42.

Read Our Latest Research Report on SMR

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.

Shares of NYSE XYL traded down $2.23 during mid-day trading on Friday, hitting $97.82. The company had a trading volume of 1,205,693 shares, compared to its average volume of 2,189,659. Xylem has a 12 month low of $87.40 and a 12 month high of $152.15. The firm has a market cap of $22.43 billion, a P/E ratio of 21.65, a PEG ratio of 1.69 and a beta of 1.01. The business's 50-day simple moving average is $103.85 and its 200-day simple moving average is $116.68. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.39 and a quick ratio of 1.02.

Read Our Latest Research Report on XYL

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