Watts Water Technologies is part of the industrial products industry and trades as part of the industrials sector. The company CEO is Robert J. Pagano. Watts Water Technologies Inc supplies industrial goods. Its products are used to manage the flow of fluids in residential and commercial buildings.
Previous Intraday Trading Performance:
The WTS stock showed a previous change of -3.76% with an open at 74.97 and a close of 72.47. It reached an intraday high of 75.00 and a low of 72.35.
The stock has a market cap of $2.5b with 34.1m shares outstanding, of which the float is 32.9m shares. Trading volume reached 187,873 shares compared to its average volume of 110,503 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.
Historical Trading Performance:
Over the last five trading days, Watts Water Technologies shares returned -2.62% and in the past 30 trading days it returned 13.57%. Over three months, it changed 6.75%. In one year it has changed -8.22% and within that year its 52-week high was 93.35 and its 52-week low was 61.17. WTS stock is 18.48% above its 52 Week Low.
Our calculations show a 200 day moving average of 76.43 and a 50 day moving average of 70.16. Currently WTS stock is trading -5.18% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.
The last annual fiscal EPS for the company was reported at 2.12 that ended on 31st of December 2017, which according to the previous close, that is a PE of 34.18. Based on 9 analyst estimates, the consensus EPS for the next quarter is 0.87. The TTM EPS is 3.60, which comes to a TTM PE of 20.13.
The following are the last four quarter reported earnings per share:
12-31-2018: 0.87 (estimated)
The dividend per share is currently 0.84, which is a dividend yield of 1.16%. Also, the payout ratio is 23.33%, therefore the dividend is safe according to our calculations.
Base on our calculations, the intrinsic value per share is 56.50, which means it may be overvalued by -28.27%
Indicators to Watch:
Based on the latest filings, there is 119.30% of institutional ownership. Short-interest is 670,554, which is 1.97% of shares outstanding. The short-interest ratio or days-to-cover ratio is 4.76. This stock has some short interest, but it may be normal and no cause for concern if long the position.
The current calculated beta is 1.20
Based on last reported financials, the company’s return on equity is 10.95%, return on assets is 5.58%, profit margin is 8.13%, price-to-sales is 2.18 and price-to-book is 2.87.
All scores are out of six:
0 :Valuation Score
2 :Past Performance Score
4 :Financial Strength Score
1 :Future Growth Score
4 :Dividend Score
2 :Overall Score