Zurn Elkay Water Solutions Cor (ZWS) Expected to Announce Earnings on Tuesday

Zurn Elkay Water Solutions Cor (NYSE:ZWS - Get Free Report) is projected to release its Q2 2025 earnings data after the market closes on Tuesday, July 29th. Analysts expect Zurn Elkay Water Solutions Cor to post earnings of $0.36 per share and revenue of $424.55 million for the quarter.

Zurn Elkay Water Solutions Cor (NYSE:ZWS - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.29 by $0.02. The firm had revenue of $388.80 million during the quarter, compared to the consensus estimate of $383.87 million. Zurn Elkay Water Solutions Cor had a return on equity of 14.43% and a net margin of 10.72%. During the same quarter in the previous year, the firm earned $0.29 earnings per share. On average, analysts expect Zurn Elkay Water Solutions Cor to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Zurn Elkay Water Solutions Cor Price Performance

NYSE ZWS traded up $0.54 during trading on Thursday, hitting $37.98. 420,228 shares of the company's stock were exchanged, compared to its average volume of 944,566. The company has a current ratio of 2.87, a quick ratio of 1.72 and a debt-to-equity ratio of 0.32. The company has a market cap of $6.39 billion, a PE ratio of 38.37, a P/E/G ratio of 2.27 and a beta of 0.99. Zurn Elkay Water Solutions Cor has a fifty-two week low of $27.74 and a fifty-two week high of $41.15. The stock's 50 day moving average price is $36.60 and its two-hundred day moving average price is $35.36.

Zurn Elkay Water Solutions Cor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Tuesday, May 20th were paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 0.95%. The ex-dividend date was Tuesday, May 20th. Zurn Elkay Water Solutions Cor's payout ratio is 36.36%.

Insider Activity at Zurn Elkay Water Solutions Cor

In other Zurn Elkay Water Solutions Cor news, VP Sudhanshu Chhabra sold 25,921 shares of the stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $37.19, for a total transaction of $964,001.99. Following the transaction, the vice president directly owned 94,132 shares in the company, valued at approximately $3,500,769.08. This represents a 21.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO David J. Pauli sold 2,706 shares of the stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of $37.11, for a total value of $100,419.66. Following the transaction, the chief financial officer owned 60,772 shares in the company, valued at $2,255,248.92. The trade was a 4.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.60% of the company's stock.

Hedge Funds Weigh In On Zurn Elkay Water Solutions Cor

A number of institutional investors and hedge funds have recently modified their holdings of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Zurn Elkay Water Solutions Cor by 5.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 488,985 shares of the company's stock worth $16,127,000 after buying an additional 24,348 shares in the last quarter. Woodline Partners LP acquired a new position in shares of Zurn Elkay Water Solutions Cor during the first quarter worth approximately $4,632,000. Finally, Empowered Funds LLC acquired a new position in shares of Zurn Elkay Water Solutions Cor during the first quarter worth approximately $277,000. 83.33% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

ZWS has been the subject of several research analyst reports. The Goldman Sachs Group lowered their target price on Zurn Elkay Water Solutions Cor from $39.00 to $34.00 and set a "neutral" rating for the company in a research note on Wednesday, April 2nd. Stifel Nicolaus boosted their price target on Zurn Elkay Water Solutions Cor from $39.00 to $43.00 and gave the stock a "buy" rating in a report on Monday. BNP Paribas cut Zurn Elkay Water Solutions Cor from an "outperform" rating to a "neutral" rating and set a $29.00 price target on the stock. in a report on Wednesday, April 9th. Robert W. Baird reduced their price target on Zurn Elkay Water Solutions Cor from $42.00 to $39.00 and set a "neutral" rating on the stock in a report on Thursday, April 24th. Finally, Mizuho set a $36.00 price target on Zurn Elkay Water Solutions Cor in a report on Friday, May 16th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, Zurn Elkay Water Solutions Cor presently has a consensus rating of "Hold" and a consensus target price of $36.86.

Zurn Elkay Water Solutions Cor Company Profile

Zurn Elkay Water Solutions Corporation engages in design, procurement, manufacture, and marketing of water management solutions in the United States, Canada, and internationally. It offers water safety and control products, such as backflow preventers, fire system valves, pressure reducing valves, thermostatic mixing valves, PEX pipings, fittings, and installation tools under the Zurn and Wilkins brand names.