Watts Water Technologies Inc Q2 2024 Earnings Call Highlights Record Sales and Strategic ...
WTS Stock | USD 215.09 0.23 0.11% |
Slightly above 55% of Watts Water's private investors are presently thinking to get in. The analysis of overall sentiment of trading Watts Water Technologies stock suggests that some investors are interested at this time. Watts Water's investing sentiment can be driven by a variety of factors including economic data, Watts Water's earnings reports, geopolitical events, and overall market trends.
Watts |
Sales 597 million, up 12 percent on a reported basis, flat organically.Adjusted Operating Income 112 million, increased 8 percent year-over-year.Adjusted Operating Margi
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Watts Water Technologies Current Investor Sentiment
Panic Vs Confidence
55
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Watts Water's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Watts Water Technologies.
News SentimentBullish | Hype SentimentBearish | Insider SentimentDisposing |
Watts Water Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Watts Water can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Watts Water Technologies Historical Investor Sentiment
Investor biases related to Watts Water's public news can be used to forecast risks associated with an investment in Watts. The trend in average sentiment can be used to explain how an investor holding Watts can time the market purely based on public headlines and social activities around Watts Water Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Watts Water's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Watts Water and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Watts Water news discussions. The higher the estimate score, the more favorable the investor's outlook on Watts Water.
Watts Water Fundamental Analysis
We analyze Watts Water's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Watts Water using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Watts Water based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Shares Owned By Institutions
Shares Owned By Institutions Comparative Analysis
Watts Water is currently under evaluation in shares owned by institutions category among its peers. Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Watts Water Technologies Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Watts Water stock to make a market-neutral strategy. Peer analysis of Watts Water could also be used in its relative valuation, which is a method of valuing Watts Water by comparing valuation metrics with similar companies.
Peers
Watts Water Related Equities
LXFR | Luxfer Holdings | 3.21 | ||||
GGG | Graco | 0.06 | ||||
IEX | IDEX | 0.40 | ||||
DCI | Donaldson | 0.54 | ||||
GRC | Gorman Rupp | 0.75 | ||||
FELE | Franklin Electric | 0.81 | ||||
SXI | Standex International | 0.85 | ||||
EPAC | Enerpac Tool | 1.34 | ||||
CSWI | CSW Industrials | 1.50 | ||||
ITT | ITT | 1.96 |
Additional Tools for Watts Stock Analysis
When running Watts Water's price analysis, check to measure Watts Water's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Watts Water is operating at the current time. Most of Watts Water's value examination focuses on studying past and present price action to predict the probability of Watts Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Watts Water's price. Additionally, you may evaluate how the addition of Watts Water to your portfolios can decrease your overall portfolio volatility.