Watts Water Technologies Stock Today

WTS Stock  USD 210.80  4.24  2.05%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 6

 
High
 
Low
Low
Watts Water is selling for under 210.80 as of the 21st of November 2024; that is 2.05 percent increase since the beginning of the trading day. The stock's lowest day price was 206.56. Watts Water has only a 6 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Watts Water Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
1st of August 1986
Category
Industrials
Watts Water Technologies, Inc. designs, manufactures, and sells products, solution, and systems that manage and conserve the flow of fluids and energy into, through and out of buildings in the commercial and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. The company has 27.38 M outstanding shares of which 844.41 K shares are at this time shorted by investors with about 7.18 days to cover. More on Watts Water Technologies

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Watts Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanRobert Pagano
Thematic IdeaConstruction Materials (View all Themes)
Business ConcentrationIndustrial Machinery & Supplies & Components, Specialty Industrial Machinery, Industrials, NYSE Composite, SP Midcap 400, Construction Materials, Industrials, Machinery, Specialty Industrial Machinery, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.010.8904
Moderately Up
Pretty Stable
Gross Profit Margin0.430.4673
Significantly Down
Slightly volatile
Total Current Liabilities232.1 M405.8 M
Way Down
Slightly volatile
Non Current Liabilities Total318.1 M390.3 M
Significantly Down
Pretty Stable
Total Assets1.2 B2.3 B
Way Down
Slightly volatile
Total Current Assets603 M1.1 B
Way Down
Slightly volatile
Total Cash From Operating Activities326.3 M310.8 M
Sufficiently Up
Slightly volatile
Debt Levels
Watts Water can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Watts Water's financial leverage. It provides some insight into what part of Watts Water's total assets is financed by creditors.
Liquidity
Watts Water Technologies has 298.3 M in debt with debt to equity (D/E) ratio of 0.17, which may show that the company is not taking advantage of profits from borrowing. Watts Water Technologies has a current ratio of 2.25, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Watts to invest in growth at high rates of return.

Other Non Cash Items

190,000
Watts Water Technologies (WTS) is traded on New York Stock Exchange in USA. It is located in 815 Chestnut Street, North Andover, MA, United States, 01845-6098 and employs 5,100 people. Watts Water is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 6.89 B. Watts Water Technologies runs under Machinery sector within Industrials industry. The entity has 27.38 M outstanding shares of which 844.41 K shares are at this time shorted by investors with about 7.18 days to cover. Watts Water Technologies has about 310.8 M in cash with 310.8 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.96.
Check Watts Water Probability Of Bankruptcy
Ownership Allocation
The majority of Watts Water outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Watts Water Technologies to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Watts Water Technologies. Please pay attention to any change in the institutional holdings of Watts Water Technologies as this could imply that something significant has changed or is about to change at the company.
Check Watts Ownership Details

Watts Stock Institutional Holders

InstituionRecorded OnShares
Gamco Investors, Inc. Et Al2024-06-30
488.4 K
Victory Capital Management Inc.2024-09-30
408 K
Amvescap Plc.2024-06-30
360.6 K
Northern Trust Corp2024-09-30
357.6 K
T. Rowe Price Associates, Inc.2024-06-30
339.1 K
Charles Schwab Investment Management Inc2024-09-30
316.4 K
Norges Bank2024-06-30
314.1 K
Kbc Group Nv2024-06-30
303.1 K
Bank Of New York Mellon Corp2024-06-30
287.6 K
Blackrock Inc2024-06-30
3.8 M
Vanguard Group Inc2024-09-30
3.1 M
View Watts Water Diagnostics

Watts Water Historical Income Statement

At this time, Watts Water's Net Income Applicable To Common Shares is comparatively stable compared to the past year. Research Development is likely to gain to about 70.5 M in 2024, whereas Interest Expense is likely to drop slightly above 7.8 M in 2024. View More Fundamentals

Watts Stock Against Markets

Watts Water Corporate Directors

Joseph NoonanDirectorProfile
David DunbarIndependent DirectorProfile
Joseph ReitmeierIndependent DirectorProfile
Christopher ConwayIndependent DirectorProfile

Already Invested in Watts Water Technologies?

The danger of trading Watts Water Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Watts Water is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Watts Water. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Watts Water Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

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.