Zurn Elkay Stock Target Price and Analyst Consensus

ZWS Stock  USD 39.35  0.54  1.39%   
The current analyst and expert consensus on Zurn Elkay is Buy with 5 hold recommendations. The current projected Zurn Elkay target price consensus is 31.29 with 8 analyst opinions. One of the most common ways Zurn Elkay Water analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Zurn Elkay vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Zurn Elkay. We strongly encourage you to use your own analysis of Zurn Elkay Water to validate this buy or sell advice. Zurn Elkay recommendation module provides expert sentiment on the projected Zurn Elkay Water target price to derive its highest and lowest estimates based on target price standard deviation of 1.6958.
Lowest Forecast
28.47
Highest Forecast
34.73
Target Price
31.29
At this time, Zurn Elkay's Pretax Profit Margin is comparatively stable compared to the past year. Operating Profit Margin is likely to gain to 0.15 in 2024, whereas Gross Profit is likely to drop slightly above 352.6 M in 2024. At this time, Zurn Elkay's Other Current Assets are comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 3 B in 2024, whereas Other Current Liabilities is likely to drop slightly above 84.9 M in 2024.
  
It's important to approach Zurn Elkay's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Zurn Elkay price targets

Zurn Elkay's stock target price is an estimate of its future price, usually made by analysts. Using Zurn Elkay's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Zurn Elkay's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Zurn Elkay's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Zurn Elkay Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Zurn Elkay is a key component of Zurn Elkay valuation and have some predictive power on the future returns of a Zurn Elkay.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zurn Elkay's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
37.0138.7040.39
Details
Intrinsic
Valuation
LowRealHigh
35.6337.3239.01
Details
Naive
Forecast
LowNextHigh
36.2237.9139.60
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.310.310.31
Details

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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.