Zurn Elkay Water Stock Buy Hold or Sell Recommendation
| ZWS Stock | USD 39.68 0.05 0.13% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Zurn Elkay Water is 'Strong Buy'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Zurn Elkay Water given historical horizon and risk tolerance towards Zurn Elkay. When Macroaxis issues a 'buy' or 'sell' recommendation for Zurn Elkay Water, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Zurn Elkay Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Zurn and provide practical buy, sell, or hold advice based on investors' constraints. 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 |
Execute Zurn Elkay Buy or Sell Advice
The Zurn recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Zurn Elkay Water. Macroaxis does not own or have any residual interests in Zurn Elkay Water or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Zurn Elkay's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Zurn Elkay Trading Alerts and Improvement Suggestions
| 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 gurufocus.com: Regal Rexnord Corp Trading Down 4.49 percent on Nov 26 |
Zurn Elkay Returns Distribution Density
The distribution of Zurn Elkay's historical returns is an attempt to chart the uncertainty of Zurn Elkay's future price movements. The chart of the probability distribution of Zurn Elkay daily returns describes the distribution of returns around its average expected value. We use Zurn Elkay Water price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Zurn Elkay returns is essential to provide solid investment advice for Zurn Elkay.
| Mean Return | 0.34 | Value At Risk | -1.93 | Potential Upside | 2.83 | Standard Deviation | 1.68 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Zurn Elkay historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Zurn Stock Institutional Investors
The Zurn Elkay's institutional investors refer to entities that pool money to purchase Zurn Elkay's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | T. Rowe Price Investment Management,inc. | 2024-09-30 | 3.3 M | Geode Capital Management, Llc | 2024-09-30 | 3.3 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 3 M | Principal Financial Group Inc | 2024-09-30 | 2.6 M | Brown Advisory Holdings Inc | 2024-09-30 | 2.5 M | Wells Fargo & Co | 2024-06-30 | 2.4 M | Crescent Grove Advisors, Llc | 2024-09-30 | 2.3 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 2 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1.9 M | Vanguard Group Inc | 2024-09-30 | 15.7 M | Blackrock Inc | 2024-06-30 | 13.4 M |
Zurn Elkay Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | (123.1M) | (122.5M) | (21.9M) | (6.6M) | (4.6M) | (4.8M) | |
| Net Borrowings | (98.2M) | 214.4M | (5.7M) | (576.7M) | (5.1M) | (5.4M) | |
| Change To Netincome | 65.5M | 69.8M | 49.6M | 28.7M | 25.8M | 24.5M |
Zurn Elkay Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Zurn Elkay or Building Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Zurn Elkay's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Zurn stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | 1.40 | |
σ | Overall volatility | 1.72 | |
Ir | Information ratio | 0.13 |
Zurn Elkay Volatility Alert
Zurn Elkay Water has relatively low volatility with skewness of 1.23 and kurtosis of 4.77. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Zurn Elkay's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Zurn Elkay's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Zurn Elkay Fundamentals Vs Peers
Comparing Zurn Elkay's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Zurn Elkay's direct or indirect competition across all of the common fundamentals between Zurn Elkay and the related equities. This way, we can detect undervalued stocks with similar characteristics as Zurn Elkay or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Zurn Elkay's fundamental indicators could also be used in its relative valuation, which is a method of valuing Zurn Elkay by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Zurn Elkay to competition |
| Fundamentals | Zurn Elkay | Peer Average |
| Return On Equity | 0.0852 | -0.31 |
| Return On Asset | 0.0567 | -0.14 |
| Profit Margin | 0.09 % | (1.27) % |
| Operating Margin | 0.18 % | (5.51) % |
| Current Valuation | 7.11 B | 16.62 B |
| Shares Outstanding | 169.71 M | 571.82 M |
| Shares Owned By Insiders | 2.47 % | 10.09 % |
| Shares Owned By Institutions | 94.09 % | 39.21 % |
| Number Of Shares Shorted | 7.53 M | 4.71 M |
| Price To Earning | 12.48 X | 28.72 X |
| Price To Book | 4.25 X | 9.51 X |
| Price To Sales | 4.34 X | 11.42 X |
| Revenue | 1.53 B | 9.43 B |
| Gross Profit | 465.5 M | 27.38 B |
| EBITDA | 306 M | 3.9 B |
| Net Income | 104.2 M | 570.98 M |
| Cash And Equivalents | 124.8 M | 2.7 B |
| Cash Per Share | 0.40 X | 5.01 X |
| Total Debt | 543.2 M | 5.32 B |
| Debt To Equity | 0.37 % | 48.70 % |
| Current Ratio | 2.43 X | 2.16 X |
| Book Value Per Share | 9.34 X | 1.93 K |
| Cash Flow From Operations | 253.9 M | 971.22 M |
| Short Ratio | 6.60 X | 4.00 X |
| Earnings Per Share | 0.78 X | 3.12 X |
| Price To Earnings To Growth | 2.01 X | 4.89 X |
| Target Price | 38.71 | |
| Number Of Employees | 2.4 K | 18.84 K |
| Beta | 0.96 | -0.15 |
| Market Capitalization | 6.74 B | 19.03 B |
| Total Asset | 2.67 B | 29.47 B |
| Retained Earnings | (1.18 B) | 9.33 B |
| Working Capital | 446.9 M | 1.48 B |
Note: Acquisition by David Longren of 751 shares of Zurn Elkay at 36.66 subject to Rule 16b-3 [view details]
Zurn Elkay Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Zurn . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 5130.72 | |||
| Daily Balance Of Power | (0.12) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 39.83 | |||
| Day Typical Price | 39.78 | |||
| Price Action Indicator | (0.18) | |||
| Period Momentum Indicator | (0.05) | |||
| Relative Strength Index | 68.22 |
About Zurn Elkay Buy or Sell Advice
When is the right time to buy or sell Zurn Elkay Water? Buying financial instruments such as Zurn Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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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.