Watts Water Technologies Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 54 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 333.80.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Watts Water Technologies Inc is 8.06, ranking 43 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 677.30M, representing a year-over-year increase of 21.38%, while its net profit experienced a year-over-year increase of 34.59%.
Key Metrics
The current valuation score of Watts Water Technologies Inc is 4.76, ranking 170 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Its current P/E ratio is 27.42, which is 20.50% below the recent high of 33.05 and 30.48% above the recent low of 19.07.
The current earnings forecast score of Watts Water Technologies Inc is 6.46, ranking 137 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The average price target is 300.00, with a high of 320.00 and a low of 237.20.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Watts Water Technologies Inc is 7.26, ranking 84 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Currently, the stock price is trading between the resistance level at 315.91 and the support level at 286.08, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Watts Water Technologies Inc is 10.00, ranking 1 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The latest institutional shareholding proportion is 102.07%, representing a quarter-over-quarter decrease of 8.76%. The largest institutional shareholder is PRFDX, holding a total of 778.17K shares, representing 2.83% of shares outstanding, with 152.30% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Machinery, Tools, Heavy Vehicles, Trains & Ships domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Watts Water Technologies Inc is 9.13, ranking 17 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The company's beta value is 1.19. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Watts Water Technologies Inc’s latest ESG disclosure leads the Machinery, Tools, Heavy Vehicles, Trains & Ships industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
