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NYSE:WTS - Watts Water Technologies Stock Price, Forecast & News

$80.71
-3.61 (-4.28 %)
(As of 03/29/2020 01:25 AM ET)
Today's Range
$78.22
Now: $80.71
$83.38
50-Day Range
$72.43
MA: $94.24
$108.24
52-Week Range
$69.02
Now: $80.71
$114.45
Volume119,745 shs
Average Volume241,947 shs
Market Capitalization$2.73 billion
P/E Ratio21.02
Dividend Yield1.09%
Beta1.18
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 residential and commercial markets. 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. It sells its products to plumbing, heating, and mechanical wholesale distributors and dealers, as well as original equipment manufacturers, specialty product distributors, and do-it-yourself chains; and directly to wholesalers and private label accounts. The company has operations in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. Watts Water Technologies, Inc. was founded in 1874 and is headquartered in North Andover, Massachusetts.
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Watts Water Technologies logo

Industry, Sector and Symbol

Industry Miscellaneous fabricated metal products
Sub-IndustryIndustrial Machinery
SectorComputer and Technology
CUSIP94274910
Phone978-688-1811

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.60 billion
Cash Flow$5.25 per share
Book Value$28.88 per share

Profitability

Net Income$131.50 million

Miscellaneous

Employees4,800
Market Cap$2.73 billion
Next Earnings Date5/7/2020 (Estimated)
OptionableOptionable

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Watts Water Technologies (NYSE:WTS) Frequently Asked Questions

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

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. Since then, WTS stock has decreased by 11.5% and is now trading at $80.71. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Watts Water Technologies?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Watts Water Technologies in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Watts Water Technologies.

When is Watts Water Technologies' next earnings date?

Watts Water Technologies is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Watts Water Technologies.

How were Watts Water Technologies' earnings last quarter?

Watts Water Technologies Inc (NYSE:WTS) posted its quarterly earnings data on Monday, February, 10th. The technology company reported $1.00 earnings per share for the quarter, topping analysts' consensus estimates of $0.98 by $0.02. The technology company earned $400.30 million during the quarter, compared to analysts' expectations of $396.98 million. Watts Water Technologies had a net margin of 8.22% and a return on equity of 14.80%. The business's revenue was up 3.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.88 EPS. View Watts Water Technologies' earnings history.

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 Thursday, February 6th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.23 per share on Friday, March 13th. This represents a $0.92 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date is Thursday, February 27th. View Watts Water Technologies' dividend history.

What price target have analysts set for WTS?

4 brokers have issued 1 year target prices for Watts Water Technologies' shares. Their forecasts range from $93.26 to $120.00. On average, they anticipate Watts Water Technologies' stock price to reach $106.75 in the next twelve months. This suggests a possible upside of 32.3% from the stock's current price. View analysts' price targets for Watts Water Technologies.

Has Watts Water Technologies been receiving favorable news coverage?

Media headlines about WTS stock have been trending very negative this week, InfoTrie reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Watts Water Technologies earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutWatts Water Technologies.

Are investors shorting Watts Water Technologies?

Watts Water Technologies saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 510,400 shares, an increase of 39.0% from the February 27th total of 367,100 shares. Based on an average trading volume of 145,500 shares, the short-interest ratio is currently 3.5 days. Currently, 1.9% of the shares of the company are sold short. View Watts Water Technologies' Current Options Chain.

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 IBM (IBM), Weyerhaeuser (WY), Exxon Mobil (XOM), QUALCOMM (QCOM), Walgreens Boots Alliance (WBA), Walmart (WMT), Micron Technology (MU), Wynn Resorts (WYNN), AES (AES) and Alibaba Group (BABA).

Who are Watts Water Technologies' key executives?

Watts Water Technologies' management team includes the following people:
  • Mr. Robert J. Pagano Jr., CEO, Pres & Director (Age 56)
  • Mr. Shashank Patel, Chief Financial Officer (Age 58)
  • Mr. Kenneth R. Lepage, Exec. VP, Gen. Counsel & Sec. (Age 48)
  • Mr. Elie A. Melhem, Pres of Asia-Pacific, the Middle East & Africa (Age 56)
  • Mr. Munish Nanda, Pres of Americas & Europe (Age 54)

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 number of institutional and retail investors. Top institutional investors include Victory Capital Management Inc. (4.38%), Victory Capital Management Inc. (4.32%), State Street Corp (2.39%), Goldman Sachs Group Inc. (2.05%), Norges Bank (1.38%) and Renaissance Technologies LLC (1.27%). Company insiders that own Watts Water Technologies stock include Elie Melhem, Joseph T Noonan, Kenneth Robert Lepage, Munish Nanda, Robert J Pagano Jr and Timothy P Horne. View institutional ownership trends for Watts Water Technologies.

Which institutional investors are selling Watts Water Technologies stock?

WTS stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., William Blair Investment Management LLC, UBS Group AG, Palisade Capital Management LLC NJ, Oxford Asset Management LLP, Bank of New York Mellon Corp, Cubist Systematic Strategies LLC, and Gabelli Funds LLC. View insider buying and selling activity for Watts Water Technologies.

Which institutional investors are buying Watts Water Technologies stock?

WTS stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Victory Capital Management Inc., Renaissance Technologies LLC, Victory Capital Management Inc., FIL Ltd, Man Group plc, Stifel Financial Corp, and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp. View insider buying and selling activity for Watts Water Technologies.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Watts Water Technologies' stock price today?

One share of WTS stock can currently be purchased for approximately $80.71.

How big of a company is Watts Water Technologies?

Watts Water Technologies has a market capitalization of $2.73 billion and generates $1.60 billion in revenue each year. The technology company earns $131.50 million in net income (profit) each year or $4.07 on an earnings per share basis. Watts Water Technologies employs 4,800 workers across the globe. View additional information about Watts Water Technologies.

What is Watts Water Technologies' official website?

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

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]


MarketBeat Community Rating for Watts Water Technologies (NYSE WTS)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  277 (Vote Outperform)
Underperform Votes:  379 (Vote Underperform)
Total Votes:  656
MarketBeat's community ratings are surveys of what our community members think about Watts Water Technologies and other stocks. Vote "Outperform" if you believe WTS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WTS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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