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Watts Water Technologies, Inc. (WTS)

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204.80 -1.12 (-0.54%)
As of 11:54 AM EDT. Market Open.
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DELL
  • Previous Close 205.92
  • Open 204.33
  • Bid 204.24 x 1000
  • Ask 204.58 x 1200
  • Day's Range 203.07 - 204.80
  • 52 Week Range 167.87 - 219.52
  • Volume 14,304
  • Avg. Volume 160,820
  • Market Cap (intraday) 6.83B
  • Beta (5Y Monthly) 0.89
  • PE Ratio (TTM) 24.85
  • EPS (TTM) 8.24
  • Earnings Date Oct 30, 2024 - Nov 4, 2024
  • Forward Dividend & Yield 1.72 (0.84%)
  • Ex-Dividend Date Aug 30, 2024
  • 1y Target Est 192.75

Watts Water Technologies, Inc., together with its subsidiaries, supplies products and solutions that manage and conserve the flow of fluids and energy into, through, and out of buildings in the commercial, industrial, and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers residential and commercial flow control and protection products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, thermostatic mixing valves, leak detection and protection products, commercial washroom solutions, and emergency safety products and equipment for plumbing and hot water applications. It also provides heating, ventilation, and air conditioning and gas products comprising commercial boilers; water heaters and heating solutions; hydronic and electric heating systems for under-floor radiant applications; custom heat and hot water solutions; hydronic pump groups for boiler manufacturers and alternative energy control packages; and flexible stainless-steel connectors for natural and liquid propane gas in commercial food service and residential applications. In addition, the company offers drainage and water re-use products, such as drainage products, engineered rainwater harvesting solutions for commercial, industrial, marine, and residential applications; connected roof drain systems; and water quality products that include point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems for commercial, marine, and residential applications. The company sells its products to plumbing, heating, and mechanical wholesale distributors and dealers; original equipment manufacturers; specialty product distributors; and do-it-yourself and retail chains, as well as wholesalers and private label accounts. Watts Water Technologies, Inc. was founded in 1874 and is headquartered in North Andover, Massachusetts.

www.watts.com

5,100

Full Time Employees

December 31

Fiscal Year Ends

Recent News: WTS

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Performance Overview: WTS

Trailing total returns as of 10/3/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

WTS
1.09%
S&P 500
19.63%

1-Year Return

WTS
20.42%
S&P 500
33.06%

3-Year Return

WTS
22.93%
S&P 500
30.96%

5-Year Return

WTS
136.72%
S&P 500
97.60%

Compare To: WTS

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Statistics: WTS

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Valuation Measures

Annual
As of 10/2/2024
  • Market Cap

    6.87B

  • Enterprise Value

    6.85B

  • Trailing P/E

    24.99

  • Forward P/E

    22.83

  • PEG Ratio (5yr expected)

    2.85

  • Price/Sales (ttm)

    3.11

  • Price/Book (mrq)

    4.24

  • Enterprise Value/Revenue

    3.08

  • Enterprise Value/EBITDA

    15.81

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    12.43%

  • Return on Assets (ttm)

    10.82%

  • Return on Equity (ttm)

    18.20%

  • Revenue (ttm)

    2.22B

  • Net Income Avi to Common (ttm)

    276M

  • Diluted EPS (ttm)

    8.24

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    283.1M

  • Total Debt/Equity (mrq)

    16.02%

  • Levered Free Cash Flow (ttm)

    233.6M

Research Analysis: WTS

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 597.3M
Earnings 82M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

175.00 Low
192.75 Average
204.80 Current
202.00
 

Company Insights: WTS

Research Reports: WTS

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  • Lowering target price to $216.00

    WATTS WATER TECHNOLOGIES-A has an Investment Rating of HOLD; a target price of $216.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • Raising target price to $209.00

    WATTS WATER TECHNOLOGIES-A has an Investment Rating of HOLD; a target price of $209.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • Lowering target price to $201.00

    WATTS WATER TECHNOLOGIES-A has an Investment Rating of HOLD; a target price of $201.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • Raising target price to $202.00

    WATTS WATER TECHNOLOGIES-A has an Investment Rating of HOLD; a target price of $202.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     

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