USD 207.45
| ticker | 1 day return % | 1 week return % | 1 month return % | 3 months return % | 6 months return % | 1 year return % | 3 years return % | 5 years return % | 10 years return % | maximum return % |
|---|---|---|---|---|---|---|---|---|---|---|
| WTS | 0.1 | 5.3 | -3.4 | -0.1 | 5.6 | 5.4 | 10.5 | 104.5 | 257.9 | 3392.4 |
| S&P 500 | 1.0 | 1.8 | -0.9 | 2.7 | 7.3 | 26.5 | 31.0 | 80.1 | 196.5 | 33856.2 |
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| Attribute | Value |
|---|---|
| symbol | WTS |
| name | Watts Water Technologies, Inc. |
| price | 207.45 |
| changes percentage | 0.06 |
| change | 0.12 |
| day low | 206.03 |
| day high | 208.85 |
| year high | 222.70 |
| year low | 175.37 |
| market cap | 6915004287 |
| price avg 50 | 209.00 |
| price avg 200 | 200.56 |
| exchange | NYSE |
| volume | 125988 |
| avg volume | 143057 |
| open | 208.85 |
| previous close | 207.33 |
| eps | 8.33 |
| pe | 24.90 |
| earnings announcement | 2025-02-10T21:00:00.000+0000 |
| shares outstanding | 33333354 |
| timestamp | 2025-01-17 21:00:02 |
We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0000795403 | |||
| revenue | 2056300000 | 1979500000 | 3.88 |
| gross profit | 960900000 | 874300000 | 9.91 |
| gross profit ratio | 0.47 | 0.44 | 5.80 |
| research and development expenses | 67099999 | 59400000 | 12.96 |
| operating expenses | 604500000 | 550500000 | 9.81 |
| interest income | 7200000 | 600000 | 1,100.00 |
| interest expense | 8200000 | 7000000 | 17.14 |
| ebitda | 401000000 | 354300000 | 13.18 |
| ebitdaratio | 0.2 | 0.18 | 6.31 |
| operating income | 356400000 | 315000000 | 13.14 |
| operating income ratio | 0.17 | 0.16 | 8.92 |
| net income | 262100000 | 251500000 | 4.21 |
| net income ratio | 0.13 | 0.13 | 0.32 |
| eps | 7.85 | 7.51 | 4.53 |
Revenue Growth: revenue increased to 2,056 million in 2023 from 1,980 million in 2022 representing a change of 3.88%. This indicates a sales growth, which is a positive sign for the company.
Gross Profit: Gross Profit increased to 961 million in 2023 from 874 million in 2022 representing a change of 9.91%. This indicates a sales profitability growth, which is a positive sign for the company.
Research and Development (R&D) Expenses: R&D Expenses increased to 67 million in 2023 from 59 million in 2022 representing a change of 12.96%. This shows that the company continues to invest in innovation and product development, which is crucial for long-term growth.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 401 million in 2023 from 354 million in 2022 representing a change of 13.18%. The increase in EBITDA indicates improved operational efficiency and profitability.
Operating Income: Operating income increased to 356 million in 2023 from 315 million in 2022 representing a change of 13.14%. The increase in operating income indicates better operational performance and increased profitability.
Net Income: Net income increased to 262 million in 2023 from 252 million in 2022 representing a change of 4.21%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.
Earnings per Share (EPS): EPS increased to 7.85 in 2023 from 7.85 in 2022 representing a change of 4.53%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.
Operating Expenses: Operating Expenses increased to 604 million in 2023 from 550 million in 2022 representing a change of 9.81%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0000795403 | |||
| revenue | 543600000 | 597300000 | -8.99 |
| gross profit | 257100000 | 284800000 | -9.73 |
| gross profit ratio | 0.47 | 0.48 | -0.81 |
| research and development expenses | 0 | 17900000 | -100.00 |
| operating expenses | 159000000 | 173100000 | -8.15 |
| interest income | 2100000 | 1900000 | 10.53 |
| interest expense | 3600000 | 4100000 | -12.20 |
| ebitda | 109900000 | 127100000 | -13.53 |
| ebitdaratio | 0.2 | 0.21 | -3.55 |
| operating income | 93200000 | 111700000 | -16.56 |
| operating income ratio | 0.17 | 0.19 | -8.32 |
| net income | 69100000 | 82000000 | -15.73 |
| net income ratio | 0.13 | 0.14 | -7.41 |
| eps | 2.06 | 2.45 | -15.92 |
Revenue Growth: revenue decreased to 544 million in 2024Q3 from 597 million in 2024Q2 representing a change of -8.99%. This indicates a sales shrinking, which is a negative sign for the company.
Gross Profit: Gross Profit decreased to 257 million in 2024Q3 from 285 million in 2024Q2 representing a change of -9.73%. This indicates a sales profitability decline, which is a negative sign for the company.
Research and Development (R&D) Expenses: R&D Expenses decreased to 0 million in 2024Q3 from 18 million in 2024Q2 representing a change of -100.0%. This shows that the company decreased investment in innovation and product development, which is not a good sign for long-term growth.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 110 million in 2024Q3 from 127 million in 2024Q2 representing a change of -13.53%. The decrease in EBITDA indicates declined operational efficiency and profitability.
Net Income: Net income decreased to 69 million in 2024Q3 from 82 million in 2024Q2 representing a change of -15.73%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.
Earnings per Share (EPS): EPS increased to 2.06 in 2024Q3 from 2.06 in 2024Q2 representing a change of -15.92%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.
Operating Expenses: Operating Expenses decreased to 159 million in 2024Q3 from 173 million in 2024Q2 representing a change of -8.15%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.
Operating Income: Operating income increased to 93 million in 2024Q3 from 112 million in 2024Q2 representing a change of -16.56%. The increase in operating income indicates better operational performance and increased profitability.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0000795403 | |||
| total assets | 2309400000 | 1930900000 | 19.60 |
| total liabilities | 796100000 | 630300000 | 26.30 |
| total equity | 1513300000 | 1300600000 | 16.35 |
| cash and cash equivalents | 350100000 | 310800000 | 12.64 |
| short term investments | 0 | 3500000 | -100.00 |
| long term investments | 3000000 | 5800000 | -48.28 |
| total current assets | 1061000000 | 950600000 | 11.61 |
| total non current assets | 1248400000 | 980300000 | 27.35 |
| total current liabilities | 405800000 | 378700000 | 7.16 |
| total non current liabilities | 390300000 | 251600000 | 55.13 |
| common stock | 3300000 | 3300000 | 0.00 |
| retained earnings | 979100000 | 795300000 | 23.11 |
| total debt | 298300000 | 147600000 | 102.10 |
Total Assets: Total Assets increased to 2,309 million in 2023 from 1,931 million in 2022 representing a change of 19.6%. Suggesting a growth in asset holdings.
Total Equity: Total Equity increased to 1,513 million in 2023 from 1,301 million in 2022 representing a change of 16.35%. This indicates an increase in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 350 million in 2023 from 311 million in 2022 representing a change of 12.64%. This indicates an increase in available liquid assets.
Total Current Assets: Total Current Assets increased to 1,061 million in 2023 from 951 million in 2022 representing a change of 11.61%. This indicates a better liquidity position.
Retained Earnings: Retained Earnings increased to 979 million in 2023 from 795 million in 2022 representing a change of 23.11%. This indicates an accumulated profits.
Total Liabilities: Total Liabilities increased to 796 million in 2023 from 630 million in 2022 representing a change of 26.3%. This indicates an increase in overall liabilities.
Short Term Investments: Short Term Investments decreased to 0 million in 2023 from 4 million in 2022 representing a change of -100.0%. This indicates a decrease in short-term investment holdings.
Total Current Liabilities: Total Current Liabilities increased to 406 million in 2023 from 379 million in 2022 representing a change of 7.16%. This indicates a higher short-term debt burden.
Total Debt: Total Debt increased to 298 million in 2023 from 148 million in 2022 representing a change of 102.1%. This indicates an increase in overall debt burden.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0000795403 | |||
| total assets | 2399100000 | 2383300000 | 0.66 |
| total liabilities | 710000000 | 765100000 | -7.20 |
| total equity | 1689100000 | 1618200000 | 4.38 |
| cash and cash equivalents | 303900000 | 279400000 | 8.77 |
| short term investments | 0 | 0 | NaN |
| long term investments | 1100000 | 3700000 | -70.27 |
| total current assets | 1065600000 | 1061000000 | 0.43 |
| total non current assets | 1333500000 | 1322300000 | 0.85 |
| total current liabilities | 417500000 | 424600000 | -1.67 |
| total non current liabilities | 292500000 | 340500000 | -14.10 |
| common stock | 3300000 | 3300000 | 0.00 |
| retained earnings | 1135800000 | 1086000000 | 4.59 |
| total debt | 211800000 | 258700000 | -18.13 |
Total Assets: Total Assets increased to 2,399 million in 2024Q3 from 2,383 million in 2024Q2 representing a change of 0.66%. Suggesting a growth in asset holdings.
Total Liabilities: Total Liabilities decreased to 710 million in 2024Q3 from 765 million in 2024Q2 representing a change of -7.2%. This indicates a decrease in overall liabilities.
Total Equity: Total Equity increased to 1,689 million in 2024Q3 from 1,618 million in 2024Q2 representing a change of 4.38%. This indicates an increase in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 304 million in 2024Q3 from 279 million in 2024Q2 representing a change of 8.77%. This indicates an increase in available liquid assets.
Total Current Assets: Total Current Assets increased to 1,066 million in 2024Q3 from 1,061 million in 2024Q2 representing a change of 0.43%. This indicates a better liquidity position.
Total Current Liabilities: Total Current Liabilities decreased to 418 million in 2024Q3 from 425 million in 2024Q2 representing a change of -1.67%. This indicates a lower short-term debt burden.
Retained Earnings: Retained Earnings increased to 1,136 million in 2024Q3 from 1,086 million in 2024Q2 representing a change of 4.59%. This indicates an accumulated profits.
Total Debt: Total Debt decreased to 212 million in 2024Q3 from 259 million in 2024Q2 representing a change of -18.13%. This indicates a reduction in overall debt burden.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0000795403 | |||
| net change in cash | 39300000 | 68800000 | -42.88 |
| operating cash flow | 310800000 | 224000000 | 38.75 |
| free cash flow | 281100000 | 195900000 | 43.49 |
| capital expenditure | -29700000 | -28100000 | -5.69 |
| depreciation and amortization | 43300000 | 39700000 | 9.07 |
| deferred income tax | -18800000 | -29600000 | 36.49 |
| stock based compensation | 20200000 | 18400000 | 9.78 |
| accounts payables | -8800000 | -21300000 | 58.69 |
| inventory | 27000000 | -16400000 | 264.63 |
| acquisitions net | -313400000 | 5200000 | -6,126.92 |
| investments in property plant and equipment | -29700000 | -28100000 | -5.69 |
| net cash used for investing activites | -343100000 | -22900000 | -1,398.25 |
| debt repayment | 147200000 | 300000 | 48,966.67 |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | -16000000 | -69400000 | 76.95 |
| dividends paid | -46500000 | -39500000 | -17.72 |
| net cash used provided by financing activities | 69000000 | -121700000 | 156.70 |
| cash at end of period | 350100000 | 310800000 | 12.64 |
| accounts receivables | 6200000 | -20000000 | 131.00 |
| cash at beginning of period | 310800000 | 242000000 | 28.43 |
Net Change in Cash: Net Change in Cash decreased to 39 million in 2023 from 69 million in 2022 representing a change of -42.88%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.
Deferred Income Tax: Deferred Income Tax increased to -19 million in 2023 from -30 million in 2022 representing a change of 36.49%. This indicates that the company's tax liability for future periods has increased.
Stock-Based Compensation: Stock-Based Compensation increased to 20 million in 2023 from 18 million in 2022 representing a change of 9.78%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.
Accounts Receivables: Accounts Receivables increased to 6 in 2023 from -20 million in 2022 representing a change of 131.0%. This suggests that the company is less capable of collecting payments from its customers.
Dividends Paid: Dividends Paid decreased to -46 million in 2023 from -40 million in 2022 representing a change of -17.72%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.
Operating Cash Flow: Operating Cash Flow increased to 311 million in 2023 from 224 million in 2022 representing a change of 38.75%. This indicates that the company generated more cash from its core business operations.
Free Cash Flow: Free Cash Flow increased to 281 million in 2023 from 196 million in 2022 representing a change of 43.49%. This indicates an increase in cash generated after accounting for capital expenditures.
Capital Expenditure: Capital Expenditure decreased to -30 million in 2023 from -28 million in 2022 representing a change of -5.69%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.
Accounts Payables: The absolute value of Accounts Payables decreased to 9 million in 2023 from 21 million in 2022 representing a change of 58.69%. This indicates that the company has reduced its outstanding obligations to its suppliers.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0000795403 | |||
| operating cash flow | 90700000 | 85300000 | 6.33 |
| free cash flow | 84300000 | 78500000 | 7.39 |
| capital expenditure | -6400000 | -6800000 | 5.88 |
| depreciation and amortization | 14000000 | 13500000 | 3.70 |
| deferred income tax | -7300000 | -6100000 | -19.67 |
| stock based compensation | 5500000 | 6000000 | -8.33 |
| accounts receivables | 23200000 | -5500000 | 521.82 |
| accounts payables | -14300000 | 10900000 | -231.19 |
| inventory | 12400000 | -4300000 | 388.37 |
| acquisitions net | 0 | 9100000 | -100.00 |
| investments in property plant and equipment | -6400000 | -6800000 | 5.88 |
| net cash used for investing activites | -5200000 | 2300000 | -326.09 |
| debt repayment | -45700000 | -25600000 | -78.52 |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | -4900000 | -4099999 | -19.51 |
| dividends paid | -14400000 | -14600000 | 1.37 |
| net cash used provided by financing activities | -67300000 | -44300000 | -51.92 |
| net change in cash | 24500000 | 42300000 | -42.08 |
| cash at end of period | 303900000 | 279400000 | 8.77 |
| cash at beginning of period | 279400000 | 237100000 | 17.84 |
Net Change in Cash: Net Change in Cash decreased to 24 million in 2024Q3 from 42 million in 2024Q2 representing a change of -42.08%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.
Capital Expenditure: Capital Expenditure increased to -6 million in 2024Q3 from -7 million in 2024Q2 representing a change of 5.88%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.
Accounts Payables: The absolute value of Accounts Payables increased to 14 million in 2024Q3 from 11 million in 2024Q2 representing a change of -231.19%. This indicates that the company has increased its outstanding obligations to its suppliers.
Accounts Receivables: Accounts Receivables increased to 23 in 2024Q3 from -6 million in 2024Q2 representing a change of 521.82%. This suggests that the company is less capable of collecting payments from its customers.
Operating Cash Flow: Operating Cash Flow increased to 91 million in 2024Q3 from 85 million in 2024Q2 representing a change of 6.33%. This indicates that the company generated more cash from its core business operations.
Free Cash Flow: Free Cash Flow increased to 84 million in 2024Q3 from 78 million in 2024Q2 representing a change of 7.39%. This indicates an increase in cash generated after accounting for capital expenditures.
Stock-Based Compensation: Stock-Based Compensation decreased to 6 million in 2024Q3 from 6 million in 2024Q2 representing a change of -8.33%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.
Dividends Paid: Dividends Paid increased to -14 million in 2024Q3 from -15 million in 2024Q2 representing a change of 1.37%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.
We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.
Note: The years mentioned below are fiscal years in accounting.
Q3 2024 Earnings call transcript
EPS represents the portion of a company's profit allocated to each outstanding share of common stock. A higher EPS is generally favorable, indicating stronger profitability on a per-share basis.
Positive EPS: A positive EPS signifies that a company is profitable, it is generally viewed positively, supporting stock value and investor confidence.
Negative EPS: Indicates that a company is operating at a loss, which could lead to negative sentiment, potential stock depreciation, and concerns about the company's financial health.
The Next Earning Date represents when the company plans to release its next set of financial results.
An upward trend in EPS suggests consistent growth in earnings, often leading to increased investor confidence. A downward trend may indicate a decline in earnings, potentially decreasing investor confidence and stock value. Fluctuating EPS suggests unpredictable financial performance, warranting cautious investor analysis.
Earnings surprise occurs when a company's actual earnings differ from analysts' expectations. A positive earnings surprise typically reflects better-than-expected performance, potentially leading to stock appreciation. Conversely, a negative earnings surprise can result in stock depreciation. An earnings surprise of zero means the earnings met expectations, which typically has a neutral impact on stock price.
Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.
| 2023-12-31 | 2022-12-31 | Y/Y change % | |
|---|---|---|---|
| FY | |||
| calendar year | 2023 | 2022 | NaN |
| revenue per share | 61.57 | 59.09 | 4.19 |
| net income per share | 7.85 | 7.51 | 4.53 |
| operating cash flow per share | 9.31 | 6.69 | 39.17 |
| free cash flow per share | 8.42 | 5.85 | 43.92 |
| cash per share | 10.48 | 9.38 | 11.72 |
| book value per share | 45.31 | 38.82 | 16.70 |
| tangible book value per share | 18.09 | 17.75 | 1.94 |
| shareholders equity per share | 45.31 | 38.82 | 16.70 |
| interest debt per share | 9.18 | 4.61 | 98.85 |
| market cap | 6958556000 | 4898705000 | 42.05 |
| enterprise value | 6906756000 | 4735505000 | 45.85 |
| pe ratio | 26.55 | 19.48 | 36.30 |
| price to sales ratio | 3.38 | 2.47 | 36.74 |
| pocfratio | 22.39 | 21.87 | 2.38 |
| pfcf ratio | 24.75 | 25.01 | -1.01 |
| pb ratio | 4.6 | 3.77 | 22.08 |
| ptb ratio | 4.6 | 3.77 | 22.08 |
| ev to sales | 3.36 | 2.39 | 40.40 |
| enterprise value over ebitda | 17.22 | 13.37 | 28.86 |
| ev to operating cash flow | 22.22 | 21.14 | 5.12 |
| ev to free cash flow | 24.57 | 24.17 | 1.64 |
| earnings yield | 0.04 | 0.05 | -26.63 |
| free cash flow yield | 0.04 | 0.04 | 1.02 |
| debt to equity | 0.2 | 0.11 | 73.69 |
| debt to assets | 0.13 | 0.08 | 68.98 |
| net debt to ebitda | -0.13 | -0.46 | 71.96 |
| current ratio | 2.61 | 2.51 | 4.16 |
| interest coverage | 43.46 | 45 | -3.41 |
| income quality | 1.19 | 0.89 | 33.14 |
| dividend yield | 0.01 | 0.01 | -17.13 |
| payout ratio | 0.18 | 0.16 | 12.96 |
| sales general and administrative to revenue | 0.26 | 0.24 | 7.54 |
| research and ddevelopement to revenue | 0.03 | 0.03 | 8.74 |
| intangibles to total assets | 0.39 | 0.37 | 7.65 |
| capex to operating cash flow | 0.1 | 0.13 | -23.82 |
| capex to revenue | 0.01 | 0.01 | 1.75 |
| capex to depreciation | 0.69 | 0.71 | -3.09 |
| stock based compensation to revenue | 0.01 | 0.01 | 5.68 |
| graham number | 89.44 | 80.98 | 10.45 |
| roic | 0.14 | 0.17 | -15.38 |
| return on tangible assets | 0.19 | 0.21 | -8.85 |
| graham net net | -1.54 | 1.41 | -209.55 |
| working capital | 655200000 | 571900000 | 14.57 |
| tangible asset value | 604200000 | 594500000 | 1.63 |
| net current asset value | 264900000 | 320300000 | -17.30 |
| invested capital | 1812500000 | 1474800000 | 22.90 |
| average receivables | 246800000 | 227350000 | 8.56 |
| average payables | 133050000 | 138850000 | -4.18 |
| average inventory | 387450000 | 373150000 | 3.83 |
| days sales outstanding | 46.12 | 43.11 | 6.97 |
| days payables outstanding | 43.92 | 44.35 | -0.98 |
| days of inventory on hand | 133.05 | 124.04 | 7.26 |
| receivables turnover | 7.91 | 8.47 | -6.52 |
| payables turnover | 8.31 | 8.23 | 0.99 |
| inventory turnover | 2.74 | 2.94 | -6.77 |
| roe | 0.17 | 0.19 | -10.43 |
| capex per share | 0.89 | 0.84 | 6.01 |
ROE: Return on Equity (ROE) decreased to 0.17 on 2023-12-31 from 0.19 on 2022-12-31, representing a change of -10.43%. However, ROE is >= 15%, suggesting that the company has been generating high returns for its shareholders still.
Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.20 on 2023-12-31 from 0.11 on 2022-12-31, representing a change of 73.69%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
PE Ratio: Price-to-Earnings (P/E) Ratio increased to 26.55 on 2023-12-31 from 19.48 on 2022-12-31, representing a change of 36.30%. Indicating an increase in the relative valuation of the company's stock.
Current Ratio: Current Ratio increased to 2.61 on 2023-12-31 from 2.51 on 2022-12-31, representing a change of 4.16%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.
| 2024-09-29 Q3 | 2024-06-30 Q2 | Q/Q change % | |
|---|---|---|---|
| WTS | |||
| calendar year | 2024 | 2024 | NaN |
| revenue per share | 16.23 | 17.83 | -8.99 |
| net income per share | 2.06 | 2.45 | -15.73 |
| operating cash flow per share | 2.71 | 2.55 | 6.33 |
| free cash flow per share | 2.52 | 2.34 | 7.39 |
| cash per share | 9.07 | 8.34 | 8.77 |
| book value per share | 50.42 | 48.3 | 4.38 |
| tangible book value per share | 21.56 | 19.49 | 10.60 |
| shareholders equity per share | 50.42 | 48.3 | 4.38 |
| interest debt per share | 6.43 | 7.84 | -18.04 |
| market cap | 6940865000 | 6011240000 | 15.46 |
| enterprise value | 6848765000 | 5990540000 | 14.33 |
| pe ratio | 25.11 | 18.33 | 37.02 |
| price to sales ratio | 12.77 | 10.06 | 26.87 |
| pocfratio | 76.53 | 70.47 | 8.59 |
| pfcf ratio | 82.34 | 76.58 | 7.52 |
| pb ratio | 4.11 | 3.71 | 10.62 |
| ptb ratio | 4.11 | 3.71 | 10.62 |
| ev to sales | 12.6 | 10.03 | 25.62 |
| enterprise value over ebitda | 62.32 | 47.13 | 32.22 |
| ev to operating cash flow | 75.51 | 70.23 | 7.52 |
| ev to free cash flow | 81.24 | 76.31 | 6.46 |
| earnings yield | 0.01 | 0.01 | -27.02 |
| free cash flow yield | 0.01 | 0.01 | -6.99 |
| debt to equity | 0.13 | 0.16 | -21.57 |
| debt to assets | 0.09 | 0.11 | -18.67 |
| net debt to ebitda | -0.84 | -0.16 | -414.56 |
| current ratio | 2.55 | 2.5 | 2.14 |
| interest coverage | 25.89 | 27.24 | -4.97 |
| income quality | 1.31 | 1.04 | 26.36 |
| dividend yield | 0.0 | 0.0 | -14.58 |
| payout ratio | 0.21 | 0.18 | 17.04 |
| sales general and administrative to revenue | 0.24 | 0 | NaN |
| research and ddevelopement to revenue | 0 | 0.03 | -100.00 |
| intangibles to total assets | 0.4 | 0.41 | -0.48 |
| capex to operating cash flow | 0.07 | 0.08 | -11.49 |
| capex to revenue | 0.01 | 0.01 | 3.42 |
| capex to depreciation | 0.46 | 0.5 | -9.24 |
| stock based compensation to revenue | 0.01 | 0.01 | 0.72 |
| graham number | 48.37 | 51.58 | -6.21 |
| roic | 0.04 | 0.04 | -17.55 |
| return on tangible assets | 0.05 | 0.06 | -16.56 |
| graham net net | 0.68 | -1.18 | 157.65 |
| working capital | 648100000 | 636400000 | 1.84 |
| tangible asset value | 722100000 | 652900000 | 10.60 |
| net current asset value | 355600000 | 295900000 | 20.18 |
| invested capital | 1870200000 | 1855900000 | 0.77 |
| average receivables | 301100000 | 308150000 | -2.29 |
| average payables | 152150000 | 162900000 | -6.60 |
| average inventory | 423400000 | 425000000 | -0.38 |
| days sales outstanding | 48.28 | 46.8 | 3.16 |
| days payables outstanding | 44.32 | 47.0 | -5.70 |
| days of inventory on hand | 132.06 | 122.8 | 7.54 |
| receivables turnover | 1.86 | 1.92 | -3.06 |
| payables turnover | 2.03 | 1.91 | 6.04 |
| inventory turnover | 0.68 | 0.73 | -7.01 |
| roe | 0.04 | 0.05 | -19.27 |
| capex per share | 0.19 | 0.2 | -5.88 |
ROE: Return on Equity (ROE) decreased to 0.04 on 2024-09-29 Q3 from 0.05 on 2024-06-30 Q2, representing a change of -19.27%. Suggesting that the company has not been generating high returns for its shareholders.
PE Ratio: Price-to-Earnings (P/E) Ratio increased to 25.11 on 2024-09-29 Q3 from 18.33 on 2024-06-30 Q2, representing a change of 37.02%. Indicating an increase in the relative valuation of the company's stock.
Current Ratio: Current Ratio increased to 2.55 on 2024-09-29 Q3 from 2.50 on 2024-06-30 Q2, representing a change of 2.14%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.
Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.13 on 2024-09-29 Q3 from 0.16 on 2024-06-30 Q2, representing a change of -21.57%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
Negative Sentiment: Discounted Cash Flow value is 180.37 which is lower than current price 207.45, indicates the company may be overvalued.
| Market Capitalization | Enterprise Value | |
|---|---|---|
| Definition | The total market value of a company's outstanding shares | The total market value of a company, including its debt and other liabilities |
| Calculation | Current share price * Total number of outstanding shares | Market capitalization + Total debt - Cash and cash equivalents |
| Focus | Equity component of a company's value | Total economic value of a company |
| Usefulness | Assesses a company's size and growth potential based on investor sentiment | Provides a more comprehensive valuation that considers both equity and debt |
Analyzing dividends is a crucial aspect of investment evaluation, offering valuable insights into a company's financial health and its commitment to shareholder returns. Dividends represent a portion of a company's profits distributed to its shareholders, providing a steady income stream. We help you analyze dividends based on the indicators mentioned below:
• Investors often assess the average dividend amount, observing trends over time to gauge the company's stability and growth potential. A positive trend in average dividends indicates a consistent and potentially lucrative investment. Additionally, evaluating the trend of dividend increases provides insight into the company's financial strength and management's confidence in future earnings.
• Consistency in paying dividends is a reassuring sign, reflecting a company's reliability and commitment to shareholder value. For investors, dividends not only offer income but also contribute to the overall total return on investment.
• Companies with a history of regular and increasing dividends can attract income-focused investors seeking stable returns, making dividends a critical factor in building a well-rounded investment portfolio.
Interested in the overall sentiment for a particular period? Check out our news sentiment analysis tool.
Sentiment: Neutral
Publish Date: 2025-01-15 16:30:00
NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Announces Fourth Quarter and Full Year 2024 Earnings Release and Earnings Conference Call.
Sentiment: Positive
Publish Date: 2025-01-10 11:01:43
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Sentiment: Positive
Publish Date: 2025-01-07 10:17:01
By acquiring I-CON Systems, WTS' portfolio includes its cutting-edge water management systems, designed to meet the unique needs of the corrections market.
Sentiment: Positive
Publish Date: 2024-12-25 10:51:10
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Sentiment: Positive
Publish Date: 2024-12-16 10:46:45
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Sentiment: Positive
Publish Date: 2024-12-05 12:25:00
NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies Named a Top Place to Work by The Boston Globe.
Sentiment: Positive
Publish Date: 2024-12-04 11:12:00
NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies Named One of “America's Most Responsible Companies 2025” by Newsweek.
Sentiment: Neutral
Publish Date: 2024-11-29 12:36:14
Watts Water (WTS) reported earnings 30 days ago. What's next for the stock?
Sentiment: Positive
Publish Date: 2024-11-22 10:56:22
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Sentiment: Positive
Publish Date: 2024-11-21 10:50:43
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Sentiment: Neutral
Publish Date: 2024-11-14 09:18:00
NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies to Participate in the NYSE Industrials Virtual Conference.
Sentiment: Positive
Publish Date: 2024-11-13 10:45:58
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Sentiment: Positive
Publish Date: 2024-11-09 09:00:00
Using metrics like shares outstanding, long-term debt, gross margin, P/E ratio, and historical dividend yield to assess if something is undervalued. AO Smith is more mainstream and offers shareholder friendly management and compelling long-term returns. WSO has seen explosive revenue growth and its stock price reflects this, but dividend growth may be slowing due to a high payout ratio.
Sentiment: Positive
Publish Date: 2024-11-05 10:45:23
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Sentiment: Neutral
Publish Date: 2024-11-04 10:22:54
Examine Watts Water's (WTS) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.
Sentiment: Positive
Publish Date: 2024-10-31 20:15:24
Watts Water Technologies, Inc. (NYSE:WTS ) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Bob Pagano - President and CEO Shashank Patel - CFO Diane McClintock - SVP, FP&A and IR Conference Call Participants Jeff Hammond - KeyBanc Ryan Connors - Northcoast Research Walt Liptak - Seaport Global Adam Farley - Stifel Operator Welcome to the Watts Water Technologies, Inc. Third Quarter 2024 Earnings Call, hosted by Bob Pagano, President and CEO; Shashank Patel, CFO; and Diane McClintock, Senior Vice President, FP&A and Investor Relations. At the end of the presentation, we will open the line for questions.
Sentiment: Positive
Publish Date: 2024-10-31 08:11:13
WTS' Q3 2024 performance gains from momentum across the APMEA and the Americas amid a challenging economic backdrop.
Sentiment: Positive
Publish Date: 2024-10-30 21:06:43
Although the revenue and EPS for Watts Water (WTS) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Sentiment: Positive
Publish Date: 2024-10-30 20:01:19
Watts Water (WTS) came out with quarterly earnings of $2.03 per share, beating the Zacks Consensus Estimate of $1.99 per share. This compares to earnings of $2.04 per share a year ago.
Sentiment: Positive
Publish Date: 2024-10-30 09:16:19
The increasing adoption of industrial automation, focus on higher energy efficiency and optimum resource utilization should drive the Zacks Instruments ??? Control industry.
* The sentiment analysis presented is generated through an algorithm and may be subject to inaccuracies. Users are advised to corroborate key information and employ further analytical methods prior to making critical decisions.
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| Indicator | Bullish | Bearish |
|---|---|---|
| Price and EMA ⓘ | Price crosses above EMA | Price crosses below EMA |
| Short-Term vs Long-Term EMA ⓘ | Short EMA crosses above Long EMA | Short EMA crosses below Long EMA |
| Volume ⓘ | Increasing volume during price uptrend | Increasing volume during price downtrend |
| MACD ⓘ | MACD crosses above Signal Line | MACD crosses below Signal Line |
| RSI ⓘ | RSI is below 30 (oversold) and starts to rise above 30 | RSI is above 70 (overbought) and starts to decline below 70 |
| Candlestick Patterns ⓘ | Bullish candlestick patterns | Bearish candlestick patterns |
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