Is Watts Water Stock a Good Investment?
Watts Water Investment Advice | WTS |
- Examine Watts Water's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Watts Water's leadership team and their track record. Good management can help Watts Water navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Watts Water's business and its evolving consumer preferences.
- Compare Watts Water's performance and market position to its competitors. Analyze how Watts Water is positioned in terms of product offerings, innovation, and market share.
- Check if Watts Water pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Watts Water's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Watts Water Technologies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Watts Water Technologies is a good investment.
Sell | Buy |
Buy
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Watts Water Stock
Researching Watts Water's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company outstanding shares are owned by institutional investors. The book value of Watts Water was at this time reported as 50.67. The company has Price/Earnings To Growth (PEG) ratio of 2.98. Watts Water Technologies recorded earning per share (EPS) of 8.35. The entity last dividend was issued on the 29th of November 2024. The firm had 2:1 split on the 16th of March 1994.
To determine if Watts Water is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Watts Water's research are outlined below:
| Over 99.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Watts Water Technologies, Inc. to Issue Quarterly Dividend of 0.43 on December 13th |
Watts Water Quarterly Good Will |
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Watts Water uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Watts Water Technologies. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Watts Water's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 12th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 12th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Watts Water's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Watts Water's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2009-04-28 | 2009-03-31 | 0.27 | 0.23 | -0.04 | 14 | ||
2004-11-02 | 2004-09-30 | 0.39 | 0.43 | 0.04 | 10 | ||
2000-02-08 | 1999-12-31 | 0.32 | 0.28 | -0.04 | 12 | ||
2000-04-26 | 2000-03-31 | 0.35 | 0.3 | -0.05 | 14 | ||
1996-10-15 | 1996-09-30 | 0.4 | 0.45 | 0.05 | 12 | ||
2016-02-16 | 2015-12-31 | 0.53 | 0.59 | 0.06 | 11 | ||
2006-08-01 | 2006-06-30 | 0.51 | 0.57 | 0.06 | 11 | ||
2013-10-29 | 2013-09-30 | 0.65 | 0.58 | -0.07 | 10 |
Know Watts Water's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Watts Water is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Watts Water Technologies backward and forwards among themselves. Watts Water's institutional investor refers to the entity that pools money to purchase Watts Water's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Btim Corp | 2024-09-30 | 520.2 K | Gamco Investors, Inc. Et Al | 2024-09-30 | 481.3 K | Victory Capital Management Inc. | 2024-09-30 | 408 K | Amvescap Plc. | 2024-06-30 | 360.6 K | Northern Trust Corp | 2024-09-30 | 357.6 K | T. Rowe Price Associates, Inc. | 2024-06-30 | 339.1 K | Charles Schwab Investment Management Inc | 2024-09-30 | 316.4 K | Norges Bank | 2024-06-30 | 314.1 K | Kbc Group Nv | 2024-06-30 | 303.1 K | Blackrock Inc | 2024-06-30 | 3.8 M | Vanguard Group Inc | 2024-09-30 | 3.1 M |
Watts Water's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 7.19 B.Market Cap |
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Watts Water's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.19 | 0.20 | |
| Return On Capital Employed | 0.19 | 0.14 | |
| Return On Assets | 0.11 | 0.06 | |
| Return On Equity | 0.17 | 0.11 |
Determining Watts Water's profitability involves analyzing its financial statements and using various financial metrics to determine if Watts Water is a good buy. For example, gross profit margin measures Watts Water's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Watts Water's profitability and make more informed investment decisions.
Watts Water's Earnings Breakdown by Geography
Please note, the imprecision that can be found in Watts Water's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Watts Water Technologies. Check Watts Water's Beneish M Score to see the likelihood of Watts Water's management manipulating its earnings.
Evaluate Watts Water's management efficiency
Watts Water Technologies has Return on Asset of 0.1116 % which means that on every $100 spent on assets, it made $0.1116 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1778 %, implying that it generated $0.1778 on every 100 dollars invested. Watts Water's management efficiency ratios could be used to measure how well Watts Water manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.20 in 2024, whereas Return On Capital Employed is likely to drop 0.14 in 2024. At this time, Watts Water's Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 67.7 M in 2024, whereas Other Current Assets are likely to drop slightly above 30.5 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 45.31 | 47.57 | |
| Tangible Book Value Per Share | 18.09 | 18.99 | |
| Enterprise Value Over EBITDA | 17.22 | 18.09 | |
| Price Book Value Ratio | 4.60 | 4.83 | |
| Enterprise Value Multiple | 17.22 | 18.09 | |
| Price Fair Value | 4.60 | 4.83 | |
| Enterprise Value | 1.8 B | 1.9 B |
Understanding the operational decisions made by Watts Water management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Dividend Yield 0.008 | Forward Dividend Yield 0.008 | Forward Dividend Rate 1.72 | Beta 0.902 |
Basic technical analysis of Watts Stock
As of the 30th of November, Watts Water maintains the Mean Deviation of 1.04, market risk adjusted performance of 0.13, and Downside Deviation of 1.24. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Watts Water Technologies, as well as the relationship between them. Please check out Watts Water Technologies jensen alpha and semi variance to decide if Watts Water Technologies is priced fairly, providing market reflects its latest price of 215.79 per share. Given that Watts Water Technologies has jensen alpha of (0.01), we strongly advise you to confirm Watts Water Technologies's prevalent market performance to make sure the company can sustain itself at a future point.Watts Water's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Watts Water insiders, such as employees or executives, is commonly permitted as long as it does not rely on Watts Water's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Watts Water insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Elie Melhem over six months ago Disposition of 565 shares by Elie Melhem of Watts Water at 175.54 subject to Rule 16b-3 | ||
Horne Timothy P over six months ago Acquisition by Horne Timothy P of 5000 shares of Watts Water subject to Rule 16b-3 | ||
Joseph Noonan over six months ago Disposition of 1813 shares by Joseph Noonan of Watts Water at 206.14 subject to Rule 16b-3 | ||
David Dunbar over six months ago Acquisition by David Dunbar of 713 shares of Watts Water subject to Rule 16b-3 | ||
Shashank Patel over six months ago Acquisition by Shashank Patel of 2369 shares of Watts Water subject to Rule 16b-3 | ||
Merilee Raines over a year ago Acquisition by Merilee Raines of 713 shares of Watts Water subject to Rule 16b-3 | ||
Shashank Patel over a year ago Payment of 445 shares by Shashank Patel of Watts Water subject to Rule 16b-3 | ||
Shashank Patel over a year ago Acquisition by Shashank Patel of 2221 shares of Watts Water subject to Rule 16b-3 |
Watts Water's Outstanding Corporate Bonds
Watts Water issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Watts Water Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Watts bonds can be classified according to their maturity, which is the date when Watts Water Technologies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand Watts Water's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Watts Water's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1009 | |||
| Market Risk Adjusted Performance | 0.13 | |||
| Mean Deviation | 1.04 | |||
| Semi Deviation | 1.08 | |||
| Downside Deviation | 1.24 | |||
| Coefficient Of Variation | 794.57 | |||
| Standard Deviation | 1.45 | |||
| Variance | 2.09 | |||
| Information Ratio | 0.0307 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.036 | |||
| Treynor Ratio | 0.12 | |||
| Maximum Drawdown | 8.63 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 2.07 | |||
| Downside Variance | 1.53 | |||
| Semi Variance | 1.16 | |||
| Expected Short fall | (1.19) | |||
| Skewness | 0.8698 | |||
| Kurtosis | 3.87 |
| Risk Adjusted Performance | 0.1009 | |||
| Market Risk Adjusted Performance | 0.13 | |||
| Mean Deviation | 1.04 | |||
| Semi Deviation | 1.08 | |||
| Downside Deviation | 1.24 | |||
| Coefficient Of Variation | 794.57 | |||
| Standard Deviation | 1.45 | |||
| Variance | 2.09 | |||
| Information Ratio | 0.0307 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.036 | |||
| Treynor Ratio | 0.12 | |||
| Maximum Drawdown | 8.63 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 2.07 | |||
| Downside Variance | 1.53 | |||
| Semi Variance | 1.16 | |||
| Expected Short fall | (1.19) | |||
| Skewness | 0.8698 | |||
| Kurtosis | 3.87 |
Consider Watts Water's intraday indicators
Watts Water intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Watts Water stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Watts Water Corporate Filings
F4 | 12th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 5th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 31st of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Watts Stock media impact
Far too much social signal, news, headlines, and media speculation about Watts Water that are available to investors today. That information is available publicly through Watts media outlets and privately through word of mouth or via Watts internal channels. However, regardless of the origin, that massive amount of Watts data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Watts Water news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Watts Water relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Watts Water's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Watts Water alpha.
Watts Water Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Watts Water can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Watts Water Technologies Historical Investor Sentiment
Investor biases related to Watts Water's public news can be used to forecast risks associated with an investment in Watts. The trend in average sentiment can be used to explain how an investor holding Watts can time the market purely based on public headlines and social activities around Watts Water Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Watts Water's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Watts Water and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Watts Water news discussions. The higher the estimate score, the more favorable the investor's outlook on Watts Water.
Watts Water Corporate Directors
| Joseph Noonan | Director | Profile | |
| David Dunbar | Independent Director | Profile | |
| Joseph Reitmeier | Independent Director | Profile | |
| Christopher Conway | Independent Director | Profile |
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.