Evoqua Water Technologies Corp. provides water and wastewater treatment systems and technologies, and mobile and emergency water supply solutions and contract services for industrial, commercial, and municipal water treatment markets in the United States and internationally. It operates in two segments, Integrated Solutions and Services, and Applied Product Technologies. The Integrated Solutions and Services segment offers capital systems and related recurring aftermarket services, parts, and consumables, as well as long-term and short-term service contracts, and emergency services for treating process water, utility water, and wastewater. This segment also provides odor and corrosion control services and drinking water treatment systems for municipalities. It serves manufacturing, healthcare, pharmaceuticals, biotech, power, microelectronics, chemical processing, food and beverage, and refining industries. The Applied Product Technologies segment offers advanced filtration and separation products, such as VAF self-cleaning filters, Ionpure electrodeionization systems, and Vortisand filtration systems, as well as filter presses and related consumables, and aftermarket products for customers in the microelectronics, pharmaceutical, and power end markets. It also offers disinfection solutions, including chemical and non-chemical disinfection technologies comprising low and medium pressure ultraviolet, ozone, onsite hypochlorite generation, and chlorine and chlorine dioxide systems for municipal drinking water, industrial, light manufacturing, commercial, and aquatics markets. In addition, this segment offers wastewater technologies, including biological treatment, clarification, filtration, nutrient removal, biosolid, and field-erected biological wastewater treatment plant solutions. Further, it offers aquatics and electrochlorination solutions. The company was incorporated in 2013 and is headquartered in Pittsburgh, Pennsylvania.
Evoqua Water Technologies Trading Up 0.9 %
AQUA opened at $40.71 on Tuesday. The business has a 50 day simple moving average of $34.88 and a two-hundred day simple moving average of $39.32. The firm has a market capitalization of $4.95 billion, a price-to-earnings ratio of 86.62, a PEG ratio of 3.72 and a beta of 1.77. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.82 and a quick ratio of 1.31. Evoqua Water Technologies has a one year low of $30.44 and a one year high of $49.38.
Wall Street Analyst Weigh In
Several brokerages have issued reports on AQUA. Credit Suisse Group lifted their price target on Evoqua Water Technologies from $43.00 to $44.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 3rd. Royal Bank of Canada dropped their price target on Evoqua Water Technologies from $45.00 to $44.00 and set an "outperform" rating for the company in a research note on Wednesday, August 3rd. Finally, Stifel Nicolaus dropped their price target on Evoqua Water Technologies from $55.00 to $43.00 in a research note on Wednesday, July 20th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $44.86.