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. It offers residential and commercial flow control products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, and thermostatic mixing valves. The company also provides heating, ventilation, and air conditioning and gas products comprising boilers, water heaters, and heating solutions; 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, it offers drainage and water re-use products consisting of drainage products and engineered rain water harvesting solutions for commercial, industrial, marine, and residential applications; and water quality products, such as point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems for commercial and residential applications. The company 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 (DIY) chains; and directly to wholesalers and private label accounts. It operates in the Americas, Europe, the Middle East and Africa, and the Asia-Pacific. Watts Water Technologies, Inc. was founded in 1874 and is headquartered in North Andover, Massachusetts.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Miscellaneous fabricated metal products
Sub-IndustryIndustrial Machinery
SectorComputer and Technology
Current SymbolNYSE:WTS
Previous Symbol
CUSIP94274910
Phone978-688-1811
Debt
Debt-to-Equity Ratio0.40
Current Ratio2.24
Quick Ratio1.33
Price-To-Earnings
Trailing P/E Ratio23.95
Forward P/E Ratio19.41
P/E Growth1.81
Sales & Book Value
Annual Sales$1.46 billion
Price / Sales1.69
Cash Flow$4.4658 per share
Price / Cash16.21
Book Value$24.31 per share
Price / Book2.98
Profitability
EPS (Most Recent Fiscal Year)$3.02
Net Income$73.10 million
Net Margins6.05%
Return on Equity14.43%
Return on Assets7.36%
Miscellaneous
Employees4,800
Outstanding Shares34,090,000
Market Cap$2.53 billion
OptionableOptionable
Watts Water Technologies (NYSE:WTS) Frequently Asked Questions
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 announced a quarterly dividend on Friday, November 2nd. Investors of record on Friday, November 30th will be paid a dividend of $0.21 per share on Friday, December 14th. This represents a $0.84 annualized dividend and a dividend yield of 1.16%. The ex-dividend date of this dividend is Thursday, November 29th. View Watts Water Technologies' Dividend History.
How were Watts Water Technologies' earnings last quarter?
Watts Water Technologies Inc (NYSE:WTS) released its quarterly earnings data on Friday, November, 2nd. The technology company reported $0.99 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.95 by $0.04. The technology company had revenue of $390.90 million for the quarter, compared to the consensus estimate of $380 million. Watts Water Technologies had a net margin of 6.05% and a return on equity of 14.43%. Watts Water Technologies's revenue was up 12.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.80 earnings per share. View Watts Water Technologies' Earnings History.
When is Watts Water Technologies' next earnings date?
What price target have analysts set for WTS?
7 analysts have issued 12 month price objectives for Watts Water Technologies' shares. Their forecasts range from $82.00 to $105.00. On average, they anticipate Watts Water Technologies' stock price to reach $91.25 in the next year. This suggests a possible upside of 26.2% from the stock's current price. View Analyst Price Targets for Watts Water Technologies.
What is the consensus analysts' recommendation for Watts Water Technologies?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Watts Water Technologies in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Watts Water Technologies.
Has Watts Water Technologies been receiving favorable news coverage?
News coverage about WTS stock has been trending very positive this week, according to InfoTrie. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Watts Water Technologies earned a news sentiment score of 3.1 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near term.
Who are some of Watts Water Technologies' key competitors?
Who are Watts Water Technologies' key executives?
Watts Water Technologies' management team includes the folowing people:
- Mr. Robert J. Pagano Jr., CEO, Pres & Director (Age 55)
- Mr. Kenneth R. Lepage, Exec. VP, Gen. Counsel & Sec. (Age 47)
- Mr. Elie A. Melhem, Pres of Asia-Pacific, the Middle East & Africa (Age 55)
- Mr. Munish Nanda, Pres of Americas & Europe (Age 53)
- Mr. Shashank Patel, Chief Financial Officer (Age 57)
Who are Watts Water Technologies' major shareholders?
Watts Water Technologies' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.14%), Gamco Investors INC. ET AL (3.49%), Dimensional Fund Advisors LP (2.93%), Victory Capital Management Inc. (2.31%), Gabelli Funds LLC (1.61%) and Bank of New York Mellon Corp (1.18%). Company insiders that own Watts Water Technologies stock include Elie Melhem, Joseph T Noonan, Kenneth Robert Lepage, Munish Nanda, Robert J Pagano Jr, Timothy P Horne and Todd A Trapp. 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 Wedge Capital Management L L P NC, JPMorgan Chase & Co., JPMorgan Chase & Co., Victory Capital Management Inc., BlackRock Inc., TIAA CREF Investment Management LLC, Comerica Bank and Schroder Investment Management Group. Company insiders that have sold Watts Water Technologies company stock in the last year include Elie Melhem, Joseph T Noonan, Kenneth Robert Lepage, Munish Nanda, Robert J Pagano Jr, Timothy P Horne and Todd A Trapp. View Insider Buying and Selling for Watts Water Technologies.
Which major investors are buying Watts Water Technologies stock?
WTS stock was purchased by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Man Group plc, BTIM Corp., Hsbc Holdings PLC, Assenagon Asset Management S.A., Deutsche Bank AG, Nordea Investment Management AB and Los Angeles Capital Management & Equity Research Inc.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Watts Water Technologies' stock price today?
One share of WTS stock can currently be purchased for approximately $72.32.
How big of a company is Watts Water Technologies?
Watts Water Technologies has a market capitalization of $2.53 billion and generates $1.46 billion in revenue each year. The technology company earns $73.10 million in net income (profit) each year or $3.02 on an earnings per share basis. Watts Water Technologies employs 4,800 workers across the globe.
What is Watts Water Technologies' official website?
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)
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.
