Watts Water Technologies ...

208.52
2.37 (1.15%)
At close: Apr 02, 2025, 3:59 PM
205.09
-1.64%
After-hours: Apr 02, 2025, 06:27 PM EDT

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
Financial Ratio History

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
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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%
Dividend Details

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 Forecasts

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