About Watts Water Technologies
Watts Water Technologies, Inc. (Watts) is a supplier of products and solutions that manage and conserve the flow of fluids and energy into, through and out of buildings in the residential and commercial markets. The Company, through its subsidiary, Watts Regulator Co., is engaged in manufacturing products and systems focused on the control, conservation and quality of water, and safety of the people using it. The Company's operating segments include Americas, EMEA and Asia-Pacific. The Company distributes its products through primary distribution channels, including wholesale, original equipment manufacturers (OEMs) and do-it-yourself (DIY). The Company offers a range of products in terms of design distinction, size and configuration. It offers products in four product lines, including residential and commercial flow control products; heating, ventilation and air conditioning (HVAC) and gas products; drainage and water re-use products, and water quality products.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Industrial Equipment & Components
- Sub-Industry: Industrial Machinery
- Exchange: NYSE
- Symbol: WTS
- CUSIP: 94274910
- Previous Close: $63.95
- 50 Day Moving Average: $64.68
- 200 Day Moving Average: $64.75
- 52-Week Range: $50.72 - $71.05
- Trailing P/E Ratio: 26.21
- Foreward P/E Ratio: 19.65
- P/E Growth: 1.80
- Market Cap: $2.19B
- Outstanding Shares: 34,210,000
- Beta: 1.15
- Net Margins: 6.02%
- Return on Equity: 12.51%
- Return on Assets: 5.28%
Companies Related to Watts Water Technologies:
- Debt-to-Equity Ratio: 0.70%
- Current Ratio: 2.02%
- Quick Ratio: 1.45%
What is Watts Water Technologies' stock symbol?
Watts Water Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "WTS."
How often does Watts Water Technologies pay dividends? What is the dividend yield for Watts Water Technologies?
Watts Water Technologies declared a quarterly dividend on Wednesday, February 8th. Shareholders of record on Thursday, March 2nd will be given a dividend of $0.18 per share on Thursday, March 16th. This represents a $0.72 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date is Tuesday, February 28th.
Where is Watts Water Technologies' stock going? Where will Watts Water Technologies' stock price be in 2017?
8 equities research analysts have issued 1-year price objectives for Watts Water Technologies' stock. Their forecasts range from $58.00 to $64.00. On average, they expect Watts Water Technologies' stock price to reach $61.25 in the next year.
When will Watts Water Technologies announce their earnings?
Watts Water Technologies is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.
What are analysts saying about Watts Water Technologies stock?
Here are some recent quotes from research analysts about Watts Water Technologies stock:
According to Zacks Investment Research, "Watts Water's share price has underperformed the Zacks Instruments-Control Industry over the past one year. Its estimates have also moved south recently. Watts Water's top line remains challenged by foreign-exchange headwinds, continued softness in Europe and the effects of the Americas non-core product divestiture. Watts Water’s fourth-quarter results will bear the impact of the exit of undifferentiated products. Additionally, it is expecting some erosion in the retail channel in the Americas as well, similar to that witnessed in third-quarter due to the residual impact of the undifferentiated product exit, roughly in the range of $2 million to $3 million. Further, fluctuation in foreign currency exchange rates remain concerns." (1/17/2017)
Seaport Global Securities analysts commented, "has happened without an incremental catalyst from our previous thesis tied to low-single digit organic growth and margin expansion through the company's internal transformation program," said the Seaport analyst.Related Link: The Utilities Sector Gets A Lot More Volatile In The SummerPossible M&AIf there were to be a future catalyst for the company, it would be M&A, according to Cassill. "Management commented previously that the pipeline for deals remains full and is centered largely on businesses within the Americas," noted the analyst. Due to Cassilll's current valuation, he suggests to "await a better entry point" (6/10/2016)
Who owns Watts Water Technologies stock?
Watts Water Technologies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Gamco Investors INC. ET AL (4.31%), Dimensional Fund Advisors LP (2.64%), State Street Corp (1.75%), Gabelli Funds LLC (1.70%), Silvercrest Asset Management Group LLC (1.69%) and Denver Investment Advisors LLC (0.96%). Company insiders that own Watts Water Technologies stock include Elie Melhem, John K Mcgillicuddy, Joseph T Noonan, Kenneth Robert Lepage, Richard J Cathcart and Timothy P Horne.
Who sold Watts Water Technologies stock? Who is selling Watts Water Technologies stock?
Watts Water Technologies' stock was sold by a variety of institutional investors in the last quarter, including Silvercrest Asset Management Group LLC, Franklin Resources Inc., Dimensional Fund Advisors LP, Gamco Investors INC. ET AL, Royce & Associates LP, Allianz Asset Management AG, Denver Investment Advisors LLC and Gabelli Funds LLC. Company insiders that have sold Watts Water Technologies stock in the last year include Elie Melhem, Joseph T Noonan, Kenneth Robert Lepage, Richard J Cathcart and Timothy P Horne.
Who bought Watts Water Technologies stock? Who is buying Watts Water Technologies stock?
Watts Water Technologies' stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Two Sigma Investments LP, Russell Investments Group Ltd., Comerica Bank, Capstone Investment Advisors LLC, Renaissance Technologies LLC, Dynamic Technology Lab Private Ltd and Systematic Financial Management LP.
How do I buy Watts Water Technologies stock?
Shares of Watts Water Technologies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Watts Water Technologies stock cost?
One share of Watts Water Technologies stock can currently be purchased for approximately $63.85.