Is Zurn Elkay Stock a Good Investment?
Zurn Elkay Investment Advice | ZWS |
- Examine Zurn Elkay'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 Zurn Elkay's leadership team and their track record. Good management can help Zurn Elkay navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Building Products space and any emerging trends that could impact Zurn Elkay's business and its evolving consumer preferences.
- Compare Zurn Elkay's performance and market position to its competitors. Analyze how Zurn Elkay is positioned in terms of product offerings, innovation, and market share.
- Check if Zurn Elkay pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Zurn Elkay'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 Zurn Elkay Water 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 Zurn Elkay Water is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | 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 |
Examine Zurn Elkay Stock
Researching Zurn Elkay'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 94.0% of the company outstanding shares are owned by institutional investors. The book value of Zurn Elkay was at this time reported as 9.34. The company has Price/Earnings To Growth (PEG) ratio of 2.0. Zurn Elkay Water last dividend was issued on the 20th of November 2024.
To determine if Zurn Elkay 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 Zurn Elkay's research are outlined below:
| 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 finance.yahoo.com: Regal Rexnord Buy, Sell, or Hold Post Q3 Earnings |
Zurn Elkay Quarterly Good Will |
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Zurn Elkay 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 Zurn Elkay Water. 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 Zurn Elkay'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.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 23rd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th 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 Zurn Elkay'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 Zurn Elkay's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-04-23 | 2024-03-31 | 0.26 | 0.29 | 0.03 | 11 | ||
2024-02-06 | 2023-12-31 | 0.23 | 0.26 | 0.03 | 13 | ||
2023-04-25 | 2023-03-31 | 0.15 | 0.18 | 0.03 | 20 | ||
2022-07-26 | 2022-06-30 | 0.29 | 0.32 | 0.03 | 10 | ||
2012-11-07 | 2012-09-30 | 0.2 | 0.24 | 0.04 | 20 | ||
2020-05-12 | 2020-03-31 | 0.5 | 0.55 | 0.05 | 10 | ||
2019-07-30 | 2019-06-30 | 0.43 | 0.48 | 0.05 | 11 | ||
2018-07-30 | 2018-06-30 | 0.36 | 0.41 | 0.05 | 13 |
Know Zurn Elkay's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Zurn Elkay is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Zurn Elkay Water backward and forwards among themselves. Zurn Elkay's institutional investor refers to the entity that pools money to purchase Zurn Elkay'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 | 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's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 6.73 B.Market Cap |
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Zurn Elkay's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.12 | 0.13 | |
| Return On Capital Employed | 0.09 | 0.10 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.07 | 0.07 |
Determining Zurn Elkay's profitability involves analyzing its financial statements and using various financial metrics to determine if Zurn Elkay is a good buy. For example, gross profit margin measures Zurn Elkay'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 Zurn Elkay's profitability and make more informed investment decisions.
Zurn Elkay's Earnings Breakdown by Geography
Please note, the imprecision that can be found in Zurn Elkay's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Zurn Elkay Water. Check Zurn Elkay's Beneish M Score to see the likelihood of Zurn Elkay's management manipulating its earnings.
Evaluate Zurn Elkay's management efficiency
Zurn Elkay Water has Return on Asset of 0.0567 % which means that on every $100 spent on assets, it made $0.0567 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0852 %, implying that it generated $0.0852 on every 100 dollars invested. Zurn Elkay's management efficiency ratios could be used to measure how well Zurn Elkay manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.13 in 2024. Return On Capital Employed is likely to gain to 0.10 in 2024. At this time, Zurn Elkay's Other Current Assets are comparatively stable compared to the past year. Intangible Assets is likely to gain to about 1 B in 2024, whereas Non Current Assets Total are likely to drop slightly above 1.2 B in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 9.20 | 9.66 | |
| Tangible Book Value Per Share | (0.84) | (0.88) | |
| Enterprise Value Over EBITDA | 18.08 | 18.98 | |
| Price Book Value Ratio | 3.20 | 1.78 | |
| Enterprise Value Multiple | 18.08 | 18.98 | |
| Price Fair Value | 3.20 | 1.78 | |
| Enterprise Value | 29.9 M | 31.1 M |
Effective management at Zurn Elkay has been a driving force behind its market achievements. We assess the correlation between management practices and financial success to determine the stock's value.
Dividend Yield 0.0091 | Forward Dividend Yield 0.0091 | Forward Dividend Rate 0.36 | Beta 0.958 |
Basic technical analysis of Zurn Stock
As of the 30th of November, Zurn Elkay maintains the Mean Deviation of 1.21, downside deviation of 1.37, and Market Risk Adjusted Performance of 0.2573. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Zurn Elkay Water, as well as the relationship between them. Please check out Zurn Elkay Water value at risk, as well as the relationship between the semi variance and kurtosis to decide if Zurn Elkay Water is priced fairly, providing market reflects its latest price of 39.82 per share. Given that Zurn Elkay Water has jensen alpha of 0.1665, we strongly advise you to confirm Zurn Elkay Water's prevalent market performance to make sure the company can sustain itself at a future point.Zurn Elkay'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 Zurn Elkay insiders, such as employees or executives, is commonly permitted as long as it does not rely on Zurn Elkay'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 Zurn Elkay 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.
Zurn Elkay's Outstanding Corporate Bonds
Zurn Elkay 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. Zurn Elkay Water 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 Zurn bonds can be classified according to their maturity, which is the date when Zurn Elkay Water 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.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| US98981BAA08 Corp BondUS98981BAA08 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| US98980BAA17 Corp BondUS98980BAA17 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand Zurn Elkay's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Zurn Elkay'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 | 0.1664 | |||
| Market Risk Adjusted Performance | 0.2573 | |||
| Mean Deviation | 1.21 | |||
| Semi Deviation | 1.04 | |||
| Downside Deviation | 1.37 | |||
| Coefficient Of Variation | 474.9 | |||
| Standard Deviation | 1.68 | |||
| Variance | 2.83 | |||
| Information Ratio | 0.1287 | |||
| Jensen Alpha | 0.1665 | |||
| Total Risk Alpha | 0.0634 | |||
| Sortino Ratio | 0.1586 | |||
| Treynor Ratio | 0.2473 | |||
| Maximum Drawdown | 9.65 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 2.83 | |||
| Downside Variance | 1.86 | |||
| Semi Variance | 1.07 | |||
| Expected Short fall | (1.38) | |||
| Skewness | 1.22 | |||
| Kurtosis | 4.79 |
| Risk Adjusted Performance | 0.1664 | |||
| Market Risk Adjusted Performance | 0.2573 | |||
| Mean Deviation | 1.21 | |||
| Semi Deviation | 1.04 | |||
| Downside Deviation | 1.37 | |||
| Coefficient Of Variation | 474.9 | |||
| Standard Deviation | 1.68 | |||
| Variance | 2.83 | |||
| Information Ratio | 0.1287 | |||
| Jensen Alpha | 0.1665 | |||
| Total Risk Alpha | 0.0634 | |||
| Sortino Ratio | 0.1586 | |||
| Treynor Ratio | 0.2473 | |||
| Maximum Drawdown | 9.65 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 2.83 | |||
| Downside Variance | 1.86 | |||
| Semi Variance | 1.07 | |||
| Expected Short fall | (1.38) | |||
| Skewness | 1.22 | |||
| Kurtosis | 4.79 |
Consider Zurn Elkay's intraday indicators
Zurn Elkay 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 Zurn Elkay 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.
Zurn Elkay Corporate Filings
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 7th 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 |
8K | 29th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 2nd of October 2024 An amendment to the original Schedule 13D filing | ViewVerify |
Zurn Stock media impact
Far too much social signal, news, headlines, and media speculation about Zurn Elkay that are available to investors today. That information is available publicly through Zurn media outlets and privately through word of mouth or via Zurn internal channels. However, regardless of the origin, that massive amount of Zurn 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 Zurn Elkay 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 Zurn Elkay 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 Zurn Elkay's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Zurn Elkay alpha.
Zurn Elkay Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Zurn Elkay 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.
Zurn Elkay Water Historical Investor Sentiment
Investor biases related to Zurn Elkay's public news can be used to forecast risks associated with an investment in Zurn. The trend in average sentiment can be used to explain how an investor holding Zurn can time the market purely based on public headlines and social activities around Zurn Elkay Water. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Zurn Elkay'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 Zurn Elkay 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 Zurn Elkay news discussions. The higher the estimate score, the more favorable the investor's outlook on Zurn Elkay.
Zurn Elkay Corporate Management
| Sudhanshu Chhabra | Vice President - Rexnord Business Systems | Profile | |
| Michael Troutman | Chief Information Officer | Profile | |
| Mark Bartlett | Lead Independent Director | Profile | |
| Thomas Christopoul | Independent Director | Profile |
Already Invested in Zurn Elkay Water?
The danger of trading Zurn Elkay Water 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 Zurn Elkay 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 Zurn Elkay. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Zurn Elkay Water 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 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.