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NYSE:WTS

Watts Water Technologies - WTS Stock Forecast, Price & News

$163.32
-0.20 (-0.12%)
(As of 02/1/2023 12:29 PM ET)
Add
Compare
Today's Range
$161.88
$164.18
50-Day Range
$143.01
$163.52
52-Week Range
$116.31
$164.18
Volume
33,473 shs
Average Volume
102,694 shs
Market Capitalization
$5.44 billion
P/E Ratio
24.71
Dividend Yield
0.76%
Price Target
$135.80

Watts Water Technologies MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
16.6% Downside
$135.80 Price Target
Short Interest
Bearish
2.85% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.21
Upright™ Environmental Score
News Sentiment
0.67mentions of Watts Water Technologies in the last 14 days
Based on 16 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-5.51%
From $7.08 to $6.69 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.68 out of 5 stars

Computer And Technology Sector

521st out of 630 stocks

Miscellaneous Fabricated Metal Products Industry

6th out of 7 stocks


WTS stock logo

About Watts Water Technologies (NYSE:WTS) Stock

Watts Water Technologies, Inc. engages in the manufacture and provision of products for water conservation, safety, and flow control. It operates through the following geographic segments: Americas, Europe, and Asia-Pacific, Middle East and Africa. Its services include plumbing and flow control solutions, water quality and conditioning, water reuse and drainage, heating, ventilation, and air conditioning, and municipal waterworks. The company was founded in 1985 and is headquartered in North Andover, MA.

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WTS Stock News Headlines

Move Over Lithium – 220 Pounds of Graphite In Every EV Battery
Investors constantly hear that lithium is the key to powering our transition to electric vehicles and clean energy. Truth is, switching from gas-powered isn't possible without massive amounts of graphite. But America hasn't produced any graphite since the 1950s. Now, a little-known exploration company has defined America's largest high-quality graphite deposit near Nome, Alaska.
Here's Why Watts Water (WTS) is a Strong Growth Stock
Top AI Tech Stock To Watch
Today's stock market news features a Robotics stock with blue sky potential.
Expert Ratings for Watts Water Technologies
3 Instruments Stocks Set to Benefit From Automation Focus
Watts Water Technologies (NYSE: WTS)
See More Headlines
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WTS Company Calendar

Last Earnings
11/03/2021
Ex-Dividend for 12/15 Dividend
11/30/2022
Dividend Payable
12/15/2022
Today
2/01/2023
Next Earnings (Confirmed)
2/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Miscellaneous fabricated metal products
Sub-Industry
Industrial Machinery
CUSIP
94274910
Employees
4,597
Year Founded
1874

Price Target and Rating

Average Stock Price Forecast
$135.80
High Stock Price Forecast
$150.00
Low Stock Price Forecast
$120.00
Forecasted Upside/Downside
-16.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

Net Income
$165.70 million
Pretax Margin
15.57%

Debt

Sales & Book Value

Annual Sales
$1.81 billion
Cash Flow
$7.14 per share
Book Value
$34.91 per share

Miscellaneous

Free Float
32,960,000
Market Cap
$5.44 billion
Optionable
Optionable
Beta
1.01

Social Links


Key Executives

  • Robert J. PaganoRobert J. Pagano
    Chairman, President & Chief Executive Officer
  • Andre Joseph Dhawan
    Chief Operating Officer
  • Shashank PatelShashank Patel
    Chief Financial Officer
  • Elie A. MelhemElie A. Melhem
    President-Asia Pacific & Middle East Region
  • Rama Ramakrishnan
    Executive VP-Strategy & Business Development













WTS Stock - Frequently Asked Questions

Should I buy or sell Watts Water Technologies stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Watts Water Technologies in the last year. There are currently 6 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" WTS shares. 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 WTS analyst ratings
or view top-rated stocks.

What is Watts Water Technologies' stock price forecast for 2023?

6 analysts have issued twelve-month price objectives for Watts Water Technologies' stock. Their WTS share price forecasts range from $120.00 to $150.00. On average, they expect the company's share price to reach $135.80 in the next year. This suggests that the stock has a possible downside of 17.0%.
View analysts price targets for WTS
or view top-rated stocks among Wall Street analysts.

How have WTS shares performed in 2023?

Watts Water Technologies' stock was trading at $146.23 at the beginning of 2023. Since then, WTS stock has increased by 11.8% and is now trading at $163.52.
View the best growth stocks for 2023 here
.

Are investors shorting Watts Water Technologies?

Watts Water Technologies saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 763,900 shares, an increase of 37.8% from the December 15th total of 554,300 shares. Based on an average trading volume of 116,900 shares, the days-to-cover ratio is presently 6.5 days. Currently, 2.8% of the shares of the company are sold short.
View Watts Water Technologies' Short Interest
.

When is Watts Water Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
View our WTS earnings forecast
.

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

Watts Water Technologies will be holding an earnings conference call on Thursday, February 9th 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) released its quarterly earnings data on Wednesday, November, 3rd. The technology company reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.09. The technology company earned $455 million during the quarter, compared to analyst estimates of $433.53 million. Watts Water Technologies had a net margin of 11.43% and a trailing twelve-month return on equity of 19.81%. During the same period in the previous year, the business posted $1.05 earnings per share.

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 Tuesday, November 1st. Stockholders of record on Thursday, December 1st will be paid a dividend of $0.30 per share on Thursday, December 15th. This represents a $1.20 annualized dividend and a dividend yield of 0.73%. The ex-dividend date is Wednesday, November 30th.
Read our dividend analysis for WTS
.

Is Watts Water Technologies a good dividend stock?

Watts Water Technologies (NYSE:WTS) pays an annual dividend of $1.20 per share and currently has a dividend yield of 0.75%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 18.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WTS will have a dividend payout ratio of 17.94% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WTS.

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

Watts Water Technologies issued an update on its FY 2022 earnings guidance on Wednesday, November, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.94 billion-$1.95 billion, compared to the consensus revenue estimate of $1.95 billion.

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

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

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), AES (AES), Pfizer (PFE), QUALCOMM (QCOM), Simon Property Group (SPG), 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 Vaughan Nelson Investment Management L.P. (0.86%), Boston Trust Walden Corp (0.70%), DNB Asset Management AS (0.29%), Ceredex Value Advisors LLC (0.27%), Natixis Advisors L.P. (0.21%) and Birch Hill Investment Advisors LLC (0.20%). Insiders that own company stock include Elie Melhem, Joseph T Noonan, Kenneth Robert Lepage, Kevin Hettrich, Munish Nanda, Robert J Pagano Jr, Shashank Patel and Timothy P Horne.
View institutional ownership trends
.

How do I buy shares of Watts Water Technologies?

Shares of WTS stock 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 $163.52.

How much money does Watts Water Technologies make?

Watts Water Technologies (NYSE:WTS) has a market capitalization of $5.44 billion and generates $1.81 billion in revenue each year. The technology company earns $165.70 million in net income (profit) each year or $6.61 on an earnings per share basis.

How many employees does Watts Water Technologies have?

The company employs 4,597 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..
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How can I contact Watts Water Technologies?

Watts Water Technologies' mailing address is 815 CHESTNUT ST, NORTH ANDOVER MA, 01845. The official website for the company is www.watts.com. The technology company can be reached via phone at (978) 688-1811, via email at investorrelations@wattswater.com, or via fax at 978-794-1848.

This page (NYSE:WTS) was last updated on 2/1/2023 by MarketBeat.com Staff