Watts Water Technologies ... (WTS)
Watts Water Statistics
Share Statistics
Watts Water has 33.32M shares outstanding. The number of shares has increased by -0.17% in one year.
Shares Outstanding | 33.32M |
Shares Change (YoY) | -0.17% |
Shares Change (QoQ) | -0.05% |
Owned by Institutions (%) | 79.81% |
Shares Floating | 32.83M |
Failed to Deliver (FTD) Shares | 14 |
FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 848.45K, so 2.55% of the outstanding shares have been sold short.
Short Interest | 848.45K |
Short % of Shares Out | 2.55% |
Short % of Float | 2.58% |
Short Ratio (days to cover) | 5.32 |
Valuation Ratios
The PE ratio is 23.39 and the forward PE ratio is 23.67. Watts Water's PEG ratio is 2.19.
PE Ratio | 23.39 |
Forward PE | 23.67 |
PS Ratio | 3.02 |
Forward PS | 2.7 |
PB Ratio | 3.99 |
P/FCF Ratio | 20.9 |
PEG Ratio | 2.19 |
Enterprise Valuation
Watts Water has an Enterprise Value (EV) of 6.62B.
EV / Sales | 2.94 |
EV / EBITDA | 14.55 |
EV / EBIT | 18.33 |
EV / FCF | 20.32 |
Financial Position
The company has a current ratio of 2.59, with a Debt / Equity ratio of 0.12.
Current Ratio | 2.59 |
Quick Ratio | 1.65 |
Debt / Equity | 0.12 |
Debt / EBITDA | 0.43 |
Debt / FCF | 0.6 |
Interest Coverage | 26.56 |
Financial Efficiency
Return on Equity is 17.05% and Return on Invested Capital is 14.88%.
Return on Equity | 17.05% |
Return on Assets | 12.15% |
Return on Invested Capital | 14.88% |
Revenue Per Employee | $469.21K |
Profits Per Employee | $60.67K |
Employee Count | 4,800 |
Asset Turnover | 0.94 |
Inventory Turnover | 3.04 |
Taxes
Income Tax | 94.8M |
Effective Tax Rate | 24.56% |
Stock Price Statistics
The stock price has increased by 0.46% in the last 52 weeks. The beta is 0.93, so Watts Water's price volatility has been higher than the market average.
Beta | 0.93 |
52-Week Price Change | 0.46% |
50-Day Moving Average | 211.17 |
200-Day Moving Average | 202.6 |
Relative Strength Index (RSI) | 48.08 |
Average Volume (20 Days) | 188.7K |
Income Statement
In the last 12 months, Watts Water had revenue of 2.25B and earned 291.2M in profits. Earnings per share was 8.69.
Revenue | 2.25B |
Gross Profit | 1.06B |
Operating Income | 390.4M |
Net Income | 291.2M |
EBITDA | 455.1M |
EBIT | 400.7M |
Earnings Per Share (EPS) | 8.69 |
Balance Sheet
The company has 386.9M in cash and 197M in debt, giving a net cash position of 189.9M.
Cash & Cash Equivalents | 386.9M |
Total Debt | 197M |
Net Cash | 189.9M |
Retained Earnings | 1.18B |
Total Assets | 2.4B |
Working Capital | 665.6M |
Cash Flow
In the last 12 months, operating cash flow was 361.1M and capital expenditures -35.3M, giving a free cash flow of 325.8M.
Operating Cash Flow | 361.1M |
Capital Expenditures | -35.3M |
Free Cash Flow | 325.8M |
FCF Per Share | 9.73 |
Margins
Gross margin is 47.15%, with operating and profit margins of 17.33% and 12.93%.
Gross Margin | 47.15% |
Operating Margin | 17.33% |
Pretax Margin | 17.14% |
Profit Margin | 12.93% |
EBITDA Margin | 20.21% |
EBIT Margin | 17.33% |
FCF Margin | 14.47% |
Dividends & Yields
WTS pays an annual dividend of $2.08, which amounts to a dividend yield of 0.8%.
Dividend Per Share | $2.08 |
Dividend Yield | 0.8% |
Dividend Growth (YoY) | 19.44% |
Payout Ratio | 23.94% |
Earnings Yield | 4.28% |
FCF Yield | 4.78% |
Analyst Forecast
The average price target for WTS is $219, which is 5% higher than the current price. The consensus rating is "Hold".
Price Target | $219 |
Price Target Difference | 5% |
Analyst Consensus | Hold |
Analyst Count | 5 |
Stock Splits
The last stock split was on Oct 19, 1999. It was a backward split with a ratio of 1801:2500.
Last Split Date | Oct 19, 1999 |
Split Type | backward |
Split Ratio | 1801:2500 |
Scores
Altman Z-Score | 8.5 |
Piotroski F-Score | 6 |