NYSE:WTS

Watts Water Technologies Stock Forecast, Price & News

$145.85
-0.74 (-0.50 %)
(As of 07/27/2021 12:00 AM ET)
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Today's Range
$144.86
$147.34
50-Day Range
$131.86
$147.42
52-Week Range
$82.88
$147.99
Volume57,992 shs
Average Volume149,606 shs
Market Capitalization$4.91 billion
P/E Ratio39.96
Dividend Yield0.71%
Beta0.87
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About Watts Water Technologies

Watts Water Technologies, Inc. designs, manufactures, and sells products and systems that manage and conserve the flow of fluids and energy into, through and out of buildings in the commercial and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers residential and commercial flow control products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, and thermostatic mixing valves. It also provides heating, ventilation, and air conditioning and gas products, such as boilers, water heaters, and heating solution; hydronic and electric heating systems for under-floor radiant applications; custom heat and hot water solutions; hydronic pump groups for boiler manufacturers and alternative energy control packages; and flexible stainless steel connectors for natural and liquid propane gas in commercial food service and residential applications. In addition, the company offers drainage and water re-use products comprising drainage products and engineered rain water harvesting solutions for commercial, industrial, marine, and residential applications; and water quality products that include point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems for commercial and residential applications. Further, it provides smart mixing system under the IntelliStation name; thermostat with home automation voice recognition capabilities under the Invita name; and platinum boiler under the AERCO Benchmark name. The company sells its products to plumbing, heating, and mechanical wholesale distributors and dealers, as well as original equipment manufacturers, specialty product distributors, do-it-yourself chains, and retail chains; and directly to wholesalers and private label accounts. Watts Water Technologies, Inc. was founded in 1874 and is headquartered in North Andover, Massachusetts.

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MarketRank

Overall MarketRank

1.72 out of 5 stars

Computer And Technology Sector

370th out of 1,651 stocks

Miscellaneous Fabricated Metal Products Industry

7th out of 18 stocks

Analyst Opinion: 1.0Community Rank: 3.0Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Watts Water Technologies (NYSE:WTS) Frequently Asked Questions

Is Watts Water Technologies a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Watts Water Technologies in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Watts Water Technologies stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WTS, but not buy additional shares or sell existing shares.
View analyst ratings for Watts Water Technologies
or view top-rated stocks.

What stocks does MarketBeat like better than Watts Water Technologies?

Wall Street analysts have given Watts Water Technologies a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Watts Water Technologies wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Watts Water Technologies' next earnings date?

Watts Water Technologies is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Watts Water Technologies
.

How can I listen to Watts Water Technologies' earnings call?

Watts Water Technologies will be holding an earnings conference call on Thursday, August 5th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Watts Water Technologies' earnings last quarter?

Watts Water Technologies, Inc. (NYSE:WTS) announced its earnings results on Tuesday, May, 4th. The technology company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.23. The technology company earned $413.30 million during the quarter, compared to the consensus estimate of $383.58 million. Watts Water Technologies had a trailing twelve-month return on equity of 13.61% and a net margin of 8.06%. Watts Water Technologies's quarterly revenue was up 8.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.95 earnings per share.
View Watts Water Technologies' earnings history
.

How has Watts Water Technologies' stock been impacted by COVID-19?

Watts Water Technologies' stock was trading at $91.16 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WTS stock has increased by 60.0% and is now trading at $145.85.
View which stocks have been most impacted by COVID-19
.

How often does Watts Water Technologies pay dividends? What is the dividend yield for Watts Water Technologies?

Watts Water Technologies announced a quarterly dividend on Monday, May 3rd. Shareholders of record on Tuesday, June 1st will be given a dividend of $0.26 per share on Tuesday, June 15th. This represents a $1.04 annualized dividend and a dividend yield of 0.71%. The ex-dividend date is Friday, May 28th. This is a boost from Watts Water Technologies's previous quarterly dividend of $0.23.
View Watts Water Technologies' dividend history
.

Is Watts Water Technologies a good dividend stock?

Watts Water Technologies pays an annual dividend of $1.04 per share and currently has a dividend yield of 0.71%. Watts Water Technologies does not yet have a strong track record of dividend growth. The dividend payout ratio of Watts Water Technologies is 26.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Watts Water Technologies will have a dividend payout ratio of 20.63% next year. This indicates that Watts Water Technologies will be able to sustain or increase its dividend.
View Watts Water Technologies' dividend history.

What guidance has Watts Water Technologies issued on next quarter's earnings?

Watts Water Technologies issued an update on its FY 2021 earnings guidance on Tuesday, May, 25th. The company provided earnings per share (EPS) guidance of - for the period. The company issued revenue guidance of $1.55 billion-$1.63 billion, compared to the consensus revenue estimate of $1.52 billion.

What price target have analysts set for WTS?

3 Wall Street analysts have issued 1 year target prices for Watts Water Technologies' shares. Their forecasts range from $124.00 to $124.00. On average, they expect Watts Water Technologies' share price to reach $124.00 in the next twelve months. This suggests that the stock has a possible downside of 15.0%.
View analysts' price targets for Watts Water Technologies
or view top-rated stocks among Wall Street analysts.

Who are Watts Water Technologies' key executives?

Watts Water Technologies' management team includes the following people:
  • Mr. Robert J. Pagano Jr., CEO, Pres & Exec. Director (Age 58, Pay $2.21M)
  • Mr. Shashank Patel, Chief Financial Officer (Age 60, Pay $815.4k)
  • Mr. Kenneth R. Lepage, Gen. Counsel, Chief Sustainability Officer, Chief HR Officer & Sec. (Age 50, Pay $782.17k)
  • Mr. Elie A. Melhem, Pres of Asia-Pacific, The Middle East & Africa (Age 58, Pay $976.65k)
  • Mr. Munish Nanda, Pres of Americas & Europe (Age 56, Pay $978.49k)
  • Ms. Virginia A. Halloran, Chief Accounting Officer (Age 41)
  • Mr. Timothy M. MacPhee, VP of Investor Relations & Treasurer
  • Mr. Ram Ramakrishnan, Exec. VP of Strategy & Bus. Devel.
  • Mr. James F. Dagley, Pres of Heating & Hot Water Solutions

What is Robert J. Pagano, Jr.'s approval rating as Watts Water Technologies' CEO?

48 employees have rated Watts Water Technologies CEO Robert J. Pagano, Jr. on Glassdoor.com. Robert J. Pagano, Jr. has an approval rating of 66% among Watts Water Technologies' employees. 53.0% of employees surveyed would recommend working at Watts Water Technologies to a friend.

Who are some of Watts Water Technologies' key competitors?

What other stocks do shareholders of Watts Water Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Watts Water Technologies investors own include Weyerhaeuser (WY), The AES (AES), Pfizer (PFE), QUALCOMM (QCOM), Simon Property Group (SPG), The TJX Companies (TJX), Tesla (TSLA), AbbVie (ABBV), Cisco Systems (CSCO) and CVS Health (CVS).

What is Watts Water Technologies' stock symbol?

Watts Water Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "WTS."

Who are Watts Water Technologies' major shareholders?

Watts Water Technologies' stock is owned by a variety of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.06%), Oregon Public Employees Retirement Fund (0.03%), Welch & Forbes LLC (0.02%) and Clean Yield Group (0.00%). Company insiders that own Watts Water Technologies stock include Elie Melhem, Joseph T Noonan, Kenneth Robert Lepage, Kevin Hettrich, Munish Nanda, Robert J Pagano Jr and Timothy P Horne.
View institutional ownership trends for Watts Water Technologies
.

Which major investors are selling Watts Water Technologies stock?

WTS stock was sold by a variety of institutional investors in the last quarter, including Welch & Forbes LLC, and Oregon Public Employees Retirement Fund. Company insiders that have sold Watts Water Technologies company stock in the last year include Elie Melhem, Joseph T Noonan, Kenneth Robert Lepage, Kevin Hettrich, Munish Nanda, Robert J Pagano Jr, and Timothy P Horne.
View insider buying and selling activity for Watts Water Technologies
or view top insider-selling stocks.

Which major investors are buying Watts Water Technologies stock?

WTS stock was purchased by a variety of institutional investors in the last quarter, including Clean Yield Group, and State of Alaska Department of Revenue.
View insider buying and selling activity for Watts Water Technologies
or or view top insider-buying stocks.

How do I buy shares of Watts Water Technologies?

Shares of WTS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Watts Water Technologies' stock price today?

One share of WTS stock can currently be purchased for approximately $145.85.

How much money does Watts Water Technologies make?

Watts Water Technologies has a market capitalization of $4.91 billion and generates $1.51 billion in revenue each year. The technology company earns $114.30 million in net income (profit) each year or $3.88 on an earnings per share basis.

How many employees does Watts Water Technologies have?

Watts Water Technologies employs 4,465 workers across the globe.

Does Watts Water Technologies have any subsidiaries?

The following companies are subsidiares of Watts Water Technologies: AERCO International, AERCO International Inc., AHC Holding Company Inc., Apex Valves, Apex Valves Limited, Austroflex Rohr-Isoliersysteme, BLUCHER, BLÜCHER France SARL, BLÜCHER Germany GmbH, BLÜCHER Metal, BLÜCHER Metal A/S branch in Finland, BLÜCHER Metal A/S branch in Poland, BLÜCHER Metal A/S branch in Russia, BLÜCHER Norway AS, BLÜCHER Sweden AB, BLÜCHER UK LTD, BM Stainles Steel Drains Limited, Bar pneumatische steuerungssysteme GmbH, Black Teknigas, Black Teknigas & Electro Controls Limited, Blue Ridge Atlantic Enterprises, Dormont Manufacturing Company, Electro Controls Ltd., HF Scientific LLC., Hornet Enterprises LLC, Hornet Manufacturing LLC, PVI, PVI Industries LLC, PVI Riverside Holdings Inc., Socla, Socla SAS, Socla Valves and Controls Iberica SA, Taft Engineering Inc., Tekmar Control Systems, Tekmar Control Systems Inc., Tekmar Control Systems Ltd., Topway Global, Valpes S.A.S., Watts (Ningbo) International Trading Co. Ltd., Watts (Shanghai) Management Company Limited, Watts Asia Pacific Sales Pte. Ltd., Watts Benelux B.V.B.A., Watts Denmark Holding ApS, Watts Deutschland Holdings GmbH & Co KG, Watts EMEA Holding BV, Watts Electronics S.A.S., Watts France Holding S.A.S., Watts Germany Holding GmbH, Watts Holdings Limited, Watts Ind. Iberica S.A., Watts Industries Bulgaria EAD, Watts Industries Deutschland GmbH, Watts Industries France S.A.S., Watts Industries Italia S.r.l., Watts Industries Middle East FZE, Watts Industries Netherlands B.V., Watts Industries Nordic AB, Watts Industries Polska Sp. z.o.o., Watts Industries Tunisia S.A.S., Watts Industries UK Limited., Watts Intermes AG, Watts Intermes GmbH, Watts International Holdings Limited, Watts Italy Holding S.r.l., Watts Korea Co. Ltd., Watts Regulator Co., Watts U.K. Ltd., Watts Water Equipment Manufacturing (Ningbo) Co. Ltd., Watts Water Quality and Conditioning Products LLC., Watts Water Technologies (Australia) Pty Ltd., Watts Water Technologies (Canada) Inc., Watts Water Technologies (HK) Holding Limited, Watts Water Technologies Inc., and Watts Water Technologies Latin America S.A. de C.V..

When was Watts Water Technologies founded?

Watts Water Technologies was founded in 1874.

What is Watts Water Technologies' official website?

The official website for Watts Water Technologies is www.watts.com.

Where are Watts Water Technologies' headquarters?

Watts Water Technologies is headquartered at 815 CHESTNUT ST, NORTH ANDOVER MA, 01845.

How can I contact Watts Water Technologies?

Watts Water Technologies' mailing address is 815 CHESTNUT ST, NORTH ANDOVER MA, 01845. The technology company can be reached via phone at 978-688-1811 or via email at [email protected]


This page was last updated on 7/28/2021 by MarketBeat.com Staff
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