Zurn Elkay Water Stock Analysis

ZWS Stock  USD 39.35  0.54  1.39%   
Zurn Elkay Water is fairly valued with Real Value of 37.32 and Target Price of 31.29. The main objective of Zurn Elkay stock analysis is to determine its intrinsic value, which is an estimate of what Zurn Elkay Water is worth, separate from its market price. There are two main types of Zurn Elkay's stock analysis: fundamental analysis and technical analysis.
The Zurn Elkay stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Zurn Elkay is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. Zurn Stock trading window is adjusted to America/New York timezone.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zurn Elkay Water. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Zurn Stock Analysis Notes

About 94.0% of the company outstanding shares are owned by institutional investors. The book value of Zurn Elkay was at this time reported as 9.34. The company has Price/Earnings To Growth (PEG) ratio of 1.96. Zurn Elkay Water last dividend was issued on the 20th of November 2024. Zurn Elkay Water Solutions Corporation designs, procures, manufactures, and markets water system solutions that provide and enhance water quality, safety, flow control, and conservation in and around non-residential buildings. Zurn Elkay Water Solutions Corporation was incorporated in 2006 and is headquartered in Milwaukee, Wisconsin. Zurn Elkay operates under Pollution Treatment Controls classification in the United States and is traded on New York Stock Exchange. It employs 1300 people. For more information please call Todd Adams at 855 480 5050 or visit https://www.zurnelkay.com.

Zurn Elkay Water Investment Alerts

Zurn Elkay Water has a poor financial position based on the latest SEC disclosures
Over 94.0% of the company outstanding shares are owned by institutional investors
Latest headline from zacks.com: Powell Industries Q4 Earnings Surpass Estimates, Increase YY

Zurn Elkay Water Upcoming and Recent Events

6th of February 2024
Upcoming Quarterly Report
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23rd of April 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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6th of February 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Zurn Largest EPS Surprises

Earnings surprises can significantly impact Zurn Elkay's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-04-23
2024-03-310.260.290.0311 
2024-02-06
2023-12-310.230.260.0313 
2023-04-25
2023-03-310.150.180.0320 
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Zurn Elkay Environmental, Social, and Governance (ESG) Scores

Zurn Elkay's ESG score is a quantitative measure that evaluates Zurn Elkay's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Zurn Elkay's operations that may have significant financial implications and affect Zurn Elkay's stock price as well as guide investors towards more socially responsible investments.

Zurn Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
T. Rowe Price Investment Management,inc.2024-09-30
3.3 M
Geode Capital Management, Llc2024-06-30
3.2 M
Morgan Stanley - Brokerage Accounts2024-06-30
M
Principal Financial Group Inc2024-09-30
2.6 M
Brown Advisory Holdings Inc2024-09-30
2.5 M
Wells Fargo & Co2024-06-30
2.4 M
Crescent Grove Advisors, Llc2024-09-30
2.3 M
J.w. Coons Advisors, Llc2024-06-30
2.1 M
Dimensional Fund Advisors, Inc.2024-09-30
M
Vanguard Group Inc2024-09-30
15.7 M
Blackrock Inc2024-06-30
13.4 M
Note, although Zurn Elkay's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Zurn Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 6.62 B.

Zurn Profitablity

The company has Net Profit Margin of 0.09 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.18 %, which entails that for every 100 dollars of revenue, it generated $0.18 of operating income.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.12  0.13 
Return On Capital Employed 0.09  0.10 
Return On Assets 0.04  0.04 
Return On Equity 0.07  0.07 

Management Efficiency

Zurn Elkay Water has Return on Asset of 0.0567 % which means that on every $100 spent on assets, it made $0.0567 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0852 %, implying that it generated $0.0852 on every 100 dollars invested. Zurn Elkay's management efficiency ratios could be used to measure how well Zurn Elkay manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.13 in 2024. Return On Capital Employed is likely to gain to 0.10 in 2024. At this time, Zurn Elkay's Other Current Assets are comparatively stable compared to the past year. Intangible Assets is likely to gain to about 1 B in 2024, whereas Non Current Assets Total are likely to drop slightly above 1.2 B in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 9.20  9.66 
Tangible Book Value Per Share(0.84)(0.88)
Enterprise Value Over EBITDA 18.08  18.98 
Price Book Value Ratio 3.20  1.78 
Enterprise Value Multiple 18.08  18.98 
Price Fair Value 3.20  1.78 
Enterprise Value29.9 M31.1 M
Effective management at Zurn Elkay has been a driving force behind its market achievements. We assess the correlation between management practices and financial success to determine the stock's value.
Dividend Yield
0.0092
Operating Margin
0.1754
Profit Margin
0.0887
Forward Dividend Yield
0.0092
Beta
0.958

Technical Drivers

As of the 21st of November, Zurn Elkay maintains the Mean Deviation of 1.23, market risk adjusted performance of 0.2466, and Downside Deviation of 1.3. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Zurn Elkay Water, as well as the relationship between them. Please check out Zurn Elkay Water value at risk, as well as the relationship between the semi variance and kurtosis to decide if Zurn Elkay Water is priced fairly, providing market reflects its latest price of 39.35 per share. Given that Zurn Elkay Water has jensen alpha of 0.2191, we strongly advise you to confirm Zurn Elkay Water's prevalent market performance to make sure the company can sustain itself at a future point.

Zurn Elkay Water Price Movement Analysis

Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Zurn Elkay middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Zurn Elkay Water. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Zurn Elkay Water Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Zurn Elkay insiders, such as employees or executives, is commonly permitted as long as it does not rely on Zurn Elkay's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Zurn Elkay insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Zurn Elkay Outstanding Bonds

Zurn Elkay issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Zurn Elkay Water uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Zurn bonds can be classified according to their maturity, which is the date when Zurn Elkay Water has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Zurn Elkay Predictive Daily Indicators

Zurn Elkay intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Zurn Elkay stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Zurn Elkay Corporate Filings

13A
12th of November 2024
An amended filing to the original Schedule 13G
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F4
7th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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F4
6th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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13A
4th of November 2024
An amended filing to the original Schedule 13G
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F4
1st of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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8K
29th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
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F4
17th of October 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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F4
8th of October 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

Zurn Elkay Forecast Models

Zurn Elkay's time-series forecasting models are one of many Zurn Elkay's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Zurn Elkay's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Zurn Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Zurn Elkay prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Zurn shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Zurn Elkay. By using and applying Zurn Stock analysis, traders can create a robust methodology for identifying Zurn entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.10  0.10 
Operating Profit Margin 0.14  0.15 
Net Profit Margin 0.07  0.08 
Gross Profit Margin 0.39  0.22 

Current Zurn Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Zurn analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Zurn analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
31.29Buy8Odds
Zurn Elkay Water current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Zurn analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Zurn stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Zurn Elkay Water, talking to its executives and customers, or listening to Zurn conference calls.
Zurn Analyst Advice Details

Zurn Stock Analysis Indicators

Zurn Elkay Water stock analysis indicators help investors evaluate how Zurn Elkay stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Zurn Elkay shares will generate the highest return on investment. By understating and applying Zurn Elkay stock analysis, traders can identify Zurn Elkay position entry and exit signals to maximize returns.
Begin Period Cash Flow124.8 M
Long Term Debt473.6 M
Common Stock Shares Outstanding177.3 M
Total Stockholder Equity1.6 B
Tax Provision42.6 M
Quarterly Earnings Growth Y O Y0.063
Property Plant And Equipment Net226.7 M
Cash And Short Term Investments136.7 M
Cash136.7 M
Accounts Payable56.4 M
Net Debt406.5 M
50 Day M A36.438
Total Current Liabilities220.9 M
Other Operating Expenses1.3 B
Non Current Assets TotalB
Forward Price Earnings29.4118
Non Currrent Assets Other20.8 M
Stock Based Compensation40 M

Additional Tools for Zurn Stock Analysis

When running Zurn Elkay's price analysis, check to measure Zurn Elkay'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 Zurn Elkay is operating at the current time. Most of Zurn Elkay's value examination focuses on studying past and present price action to predict the probability of Zurn Elkay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zurn Elkay's price. Additionally, you may evaluate how the addition of Zurn Elkay to your portfolios can decrease your overall portfolio volatility.