Top Water Stocks To Research - November 4th

Key Points

• MarketBeat’s water-stock screener highlighted Coca-Cola (KO), IDEXX Laboratories (IDXX), Ecolab (ECL), Waters (WAT), and American Water Works (AWK) as the sector’s highest-dollar-volume names in recent trading. Their water exposure ranges from utility services and treatment to testing and analytical equipment.
• All five stocks rose on Wednesday: Coca-Cola closed at $96.17, IDEXX at $708.42, Ecolab at $313.83, Waters at $469.76, and American Water Works at $149.43. Coca-Cola, Ecolab, and American Water Works finished near or at their reported 52-week highs.
• Water stocks can offer exposure to long-term demand for clean water and infrastructure upgrades, but returns may be affected by regulation, drought, government policy, and capital costs.

Coca-Cola, IDEXX Laboratories, Ecolab, Waters, and American Water Works 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, equipment, or conservation technologies. Investors may view them as a way to gain exposure to long-term demand for clean water and infrastructure upgrades, though their performance can be affected by regulation, drought, government policy, and capital costs. 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 NYSE:KO traded up $1.37 during trading on Wednesday, hitting $96.17. The company's stock had a trading volume of 15,625,433 shares, compared to its average volume of 16,925,816. The business has a 50 day moving average price of $89.63 and a two-hundred day moving average price of $82.31. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.19 and a current ratio of 1.38. The company has a market capitalization of $413.71 billion, a PE ratio of 28.28, a P/E/G ratio of 3.74 and a beta of 0.28. Coca-Cola has a fifty-two week low of $67.27 and a fifty-two week high of $96.43.

Read Our Latest Research Report on KO

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 IDXX stock traded up $36.38 during trading hours on Wednesday, reaching $708.42. 890,422 shares of the stock were exchanged, compared to its average volume of 579,121. The business's fifty day moving average is $538.81 and its two-hundred day moving average is $573.69. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.19 and a quick ratio of 0.87. IDEXX Laboratories has a 12-month low of $500.61 and a 12-month high of $769.98. The firm has a market capitalization of $55.81 billion, a P/E ratio of 47.54 and a beta of 1.55.

Read Our Latest Research Report on IDXX

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.

Ecolab stock traded up $9.15 during trading on Wednesday, reaching $313.83. The stock had a trading volume of 1,140,257 shares, compared to its average volume of 1,451,863. Ecolab has a 52-week low of $243.15 and a 52-week high of $314.49. The business has a 50 day moving average price of $282.90 and a 200 day moving average price of $276.45. The company has a quick ratio of 0.84, a current ratio of 1.11 and a debt-to-equity ratio of 1.14. The stock has a market cap of $88.02 billion, a PE ratio of 42.65, a P/E/G ratio of 3.00 and a beta of 0.85.

Read Our Latest Research Report on ECL

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 NYSE:WAT traded up $9.86 during trading hours on Wednesday, reaching $469.76. The stock had a trading volume of 620,597 shares, compared to its average volume of 968,233. Waters has a 1 year low of $282.77 and a 1 year high of $482.28. The firm's 50 day moving average is $432.11 and its 200-day moving average is $371.16. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.29 and a current ratio of 1.86. The stock has a market capitalization of $46.15 billion, a price-to-earnings ratio of 116.79, a P/E/G ratio of 2.62 and a beta of 1.16.

Read Our Latest Research Report on WAT

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 American Water Works stock traded up $3.01 during trading on Wednesday, hitting $149.43. 1,711,089 shares of the stock were exchanged, compared to its average volume of 1,999,181. The stock has a market cap of $29.75 billion, a price-to-earnings ratio of 25.86, a price-to-earnings-growth ratio of 3.00 and a beta of 0.56. The firm's 50-day moving average price is $135.93 and its 200 day moving average price is $132.59. American Water Works has a 12-month low of $120.57 and a 12-month high of $148.98. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.39 and a quick ratio of 0.36.

Read Our Latest Research Report on AWK

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