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WTS

WTS - Watts Water Technologies Inc Stock Price, Fair Value and News

212.95USD+1.38 (+0.65%)Delayed as of 28 Mar 2024, 11:50 am ET

Market Summary

WTS
USD212.95+1.38
Delayedas of 28 Mar 2024, 11:50 am
0.65%

WTS Alerts

  • 4 major insider sales recently.

WTS Stock Price

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WTS RSI Chart

WTS Valuation

Market Cap

7.1B

Price/Earnings (Trailing)

26.96

Price/Sales (Trailing)

3.44

EV/EBITDA

18.09

Price/Free Cashflow

25.14

WTS Price/Sales (Trailing)

WTS Profitability

EBT Margin

17.00%

Return on Equity

17.32%

Return on Assets

11.35%

Free Cashflow Yield

3.98%

WTS Fundamentals

WTS Revenue

Revenue (TTM)

2.1B

Rev. Growth (Yr)

9.09%

Rev. Growth (Qtr)

8.57%

WTS Earnings

Earnings (TTM)

262.1M

Earnings Growth (Yr)

-18.8%

Earnings Growth (Qtr)

-15.35%

Breaking Down WTS Revenue

52 Week Range

153.25212.95
(Low)(High)

Last 7 days

3.4%

Last 30 days

6.6%

Last 90 days

0.5%

Trailing 12 Months

22.6%

How does WTS drawdown profile look like?

WTS Financial Health

Current Ratio

2.61

Debt/Equity

0.2

Debt/Cashflow

1.04

WTS Investor Care

Dividend Yield

0.65%

Dividend/Share (TTM)

1.38

Buy Backs (1Y)

0.30%

Diluted EPS (TTM)

7.82

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20232.0B2.0B2.0B2.1B
20221.9B1.9B2.0B2.0B
20211.5B1.7B1.7B1.8B
20201.6B1.5B1.5B1.5B
20191.6B1.6B1.6B1.6B
20181.5B1.5B1.5B1.6B
20171.4B1.4B1.4B1.5B
20161.5B1.4B1.4B1.4B
20151.5B1.5B1.5B1.5B
20141.5B1.5B1.5B1.5B
20131.4B1.4B1.5B1.5B
20121.5B1.4B1.4B1.4B
20111.3B1.3B1.4B1.4B
20101.3B1.3B1.3B1.3B
200901.4B1.3B1.2B
20080001.4B

Tracking the Latest Insider Buys and Sells of Watts Water Technologies Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 15, 2024
halloran virginia a
sold
-285,362
202
-1,407
chief accounting officer
Mar 15, 2024
pagano robert j jr
sold (taxes)
-1,213,630
204
-5,948
president and ceo
Mar 15, 2024
patel shashank
sold (taxes)
-283,820
204
-1,391
chief financial officer
Mar 15, 2024
barry monica
acquired
74,432
163
456
chief hr officer
Mar 15, 2024
barry monica
sold (taxes)
-38,563
204
-189
chief hr officer
Mar 15, 2024
halloran virginia a
acquired
44,561
163
273
chief accounting officer
Mar 15, 2024
pagano robert j jr
acquired
1,015,780
163
6,223
president and ceo
Mar 15, 2024
lepage kenneth robert
acquired
244,192
163
1,496
general counsel
Mar 15, 2024
halloran virginia a
sold (taxes)
-29,993
204
-147
chief accounting officer
Mar 15, 2024
melhem elie
sold (taxes)
-184,860
204
-906
president- apac, m. east, afr.

1–10 of 50

Which funds bought or sold WTS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
reduced
-4.13
33,278
246,883
-%
Mar 21, 2024
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND
unchanged
-
372,960
2,187,570
0.01%
Mar 15, 2024
B. Riley Wealth Advisors, Inc.
reduced
-39.12
-75,241
207,544
0.01%
Mar 14, 2024
ABLES, IANNONE, MOORE & ASSOCIATES, INC.
new
-
357,511
357,511
0.27%
Mar 11, 2024
VANGUARD GROUP INC
reduced
-0.17
112,106,000
663,068,000
0.01%
Mar 06, 2024
SageView Advisory Group, LLC
new
-
616,123
616,123
0.03%
Mar 04, 2024
CONGRESS ASSET MANAGEMENT CO /MA
new
-
125,904,000
125,904,000
0.99%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
130
74,606,100
116,419,000
0.01%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-3.19
1,501,520
10,489,700
0.04%
Feb 26, 2024
CENTAURUS FINANCIAL, INC.
unchanged
-
24,000
142,000
0.01%

1–10 of 48

Are Funds Buying or Selling WTS?

Are funds buying WTS calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own WTS
No. of Funds

Unveiling Watts Water Technologies Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
11.63%
3,182,625
SC 13G/A
Feb 13, 2024
kayne anderson rudnick investment management llc
7.34%
2,007,563
SC 13G/A
Feb 06, 2024
horne timothy p
17.9%
5,953,290
SC 13G/A
Jan 23, 2024
blackrock inc.
14.0%
3,826,722
SC 13G/A
Jan 18, 2024
impax asset management group plc
5.15%
1,408,170
SC 13G
Feb 14, 2023
kayne anderson rudnick investment management llc
7.67%
2,091,713
SC 13G/A
Feb 13, 2023
impax asset management group plc
6.23%
1,699,428
SC 13G
Feb 09, 2023
vanguard group inc
10.88%
2,967,785
SC 13G/A
Feb 07, 2023
horne timothy p
18.0%
5,988,290
SC 13G/A
Jan 24, 2023
blackrock inc.
15.7%
4,286,847
SC 13G/A

Recent SEC filings of Watts Water Technologies Inc

View All Filings
Date Filed Form Type Document
Mar 18, 2024
4
Insider Trading
Mar 18, 2024
4
Insider Trading
Mar 18, 2024
4
Insider Trading
Mar 18, 2024
4
Insider Trading
Mar 18, 2024
4
Insider Trading
Mar 18, 2024
4
Insider Trading
Mar 15, 2024
144
Notice of Insider Sale Intent
Mar 15, 2024
4
Insider Trading
Mar 15, 2024
4
Insider Trading
Mar 14, 2024
4
Insider Trading

What is the Fair Value of WTS?

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Cheap
or
Expensive?


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to Watts Water Technologies Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
196.0B
68.0B
17.42% 85.59%
20.68
2.88
16.96% 2688.24%
186.2B
67.1B
11.25% 52.84%
18.02
2.78
12.84% 54.12%
42.5B
6.6B
5.33% 35.68%
32.33
6.43
7.26% 13.25%
41.8B
34.1B
8.95% 28.92%
49.79
1.23
21.34% -61.52%
13.2B
14.9B
9.44% 8.69%
214.07
0.89
12.31% -81.65%
MID-CAP
9.7B
6.9B
11.40% 76.40%
63.11
1.39
5.64% 109.59%
7.1B
15.5B
-2.21% 41.15%
51.56
0.46
12.59% -4.48%
6.0B
4.3B
6.34% 37.26%
32.14
1.39
19.51% -1.03%
4.2B
2.3B
2.01% 40.67%
26.24
1.81
2.90% -35.23%
2.7B
1.7B
-1.37% 17.92%
19.99
1.61
11.63% 33.59%
SMALL-CAP
1.2B
35.8M
-10.81% -61.18%
-1.26
33.91
-27.93% -23.21%
1.2B
1.4B
-14.14% -53.85%
18.98
0.86
-24.65% -34.19%
671.5M
527.6M
8.25% 16.85%
19.76
1.27
14.23% 56.70%
413.4M
135.4M
-8.75% 205.15%
-25.21
3.05
-25.90% 65.37%
218.7M
99.2M
76.27% 123.72%
-17.86
2.21
-3.69% -37.37%

Watts Water Technologies Inc News

Latest updates
Defense World • 26 Mar 2024 • 09:31 am
Yahoo Finance • 25 Mar 2024 • 01:45 pm

Watts Water Technologies Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue8.6%548504533472502488527463474455467413403384339383400395417389388
Gross Profit9.0%256234253218219218239199199194200174169159135163170169175164166
  S&GA Expenses17.8%17314715113414713614212613612813011411510798.00115121120119116121
EBITDA Margin2.2%0.19*0.18*0.18*0.18*0.17*0.17*0.17*0.15*0.15*0.15*0.15*0.15*0.14*0.14*0.14*0.14*0.14*0.14*0.14*0.14*0.14*
Interest Expenses216.7%4.001.002.002.002.002.002.001.001.001.002.002.003.003.004.003.003.004.004.004.004.00
Income Taxes-3.1%22.0022.0025.0019.00-3.9020.0025.0015.0021.0017.0014.0016.0022.0011.007.0013.0012.0014.0014.0012.009.00
Earnings Before Taxes-12.3%77.0088.0010184.0065.0079.0094.0070.0061.0064.0052.0058.0051.0044.0028.0045.0044.0046.0051.0043.0042.00
EBT Margin1.4%0.17*0.17*0.16*0.16*0.16*0.16*0.15*0.13*0.13*0.13*0.12*0.12*0.11*0.11*0.11*0.12*0.11*0.11*0.11*0.11*0.11*
Net Income-15.3%56.0066.0076.0065.0069.0059.0070.0055.0040.0046.0038.0042.0029.0033.0020.0032.0032.0032.0036.0031.0032.00
Net Income Margin-6.8%0.13*0.14*0.13*0.13*0.13*0.11*0.11*0.10*0.09*0.09*0.08*0.08*0.08*0.08*0.08*0.08*0.08*0.08*0.08*0.08*0.08*
Free Cashflow6.7%99.0093.0061.0028.0013034.0039.00-7.6039.0055.0031.0029.0091.0070.0033.00-9.8089.0071.0037.00-31.1091.00
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets14.5%2,3092,0182,0041,9901,9311,8861,9341,9031,8561,8631,8551,7841,7381,7091,6481,7671,7231,6961,6781,6831,654
  Current Assets1.9%1,0611,0421,0231,014951937968920862863844775710700668791735714728730721
    Cash Equivalents-3.5%350363292312311220230227242239240225219188149245220174167170204
  Inventory3.3%399386422401376423432402371353314279264273284280270279283294287
  Net PPE27.9%248194196196197189194197201204207206212211207202200196201200202
  Goodwill17.3%6935911.00594592583591598601597599597602589580576581577544--
  Current Liabilities6.7%406380405396379379421405409418396345313295279379419397392322349
  Long Term Debt203.8%29898.0098.00148148182202202142152192199198248263297204239239341323
    LT Debt, Current----------------83.0010510510530.0030.00
    LT Debt, Non Current203.8%29898.0098.00148148182202202142152192199198248263297204239239341323
Shareholder's Equity4.2%1,5131,4521,4141,3461,3011,2081,1871,1631,1731,1501,1181,0811,0701,025985968978942934905891
  Retained Earnings4.2%979940890832795741697656666639606581560543521516514495476452441
  Additional Paid-In Capital0.9%674669664658652647642637631625618611606602599597592586581577568
Accumulated Depreciation3.1%429416416407399389401407408409405396396385370359358346347340336
Shares Outstanding0%33.0033.0034.0033.0034.0034.0034.0034.0034.0034.0034.0034.0034.0034.0034.0034.0034.0034.0034.0034.0034.00
Float---4,758---3,368---3,885---2,137---2,562--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations9.5%109,900100,40067,10033,400137,70041,40046,900-2,00045,90061,70039,30033,900101,40080,10048,200-90099,10075,20043,900-24,200102,800
  Share Based Compensation14.0%5,7005,0005,5004,0005,2005,0004,9003,3006,1006,9007,0002,9003,9003,4001,8003,6004,5004,6004,1004,6003,800
Cashflow From Investing-3900.0%-312,000-7,800-18,200-5,100-3,600-7,000-6,700-5,600-16,000-6,600-6,100-2,000-15,700-16,800-14,800-7,500-10,100-47,400-7,400-6,900-9,900
Cashflow From Financing1181.7%182,800-16,900-67,900-29,000-53,000-35,000-29,000-4,700-23,300-53,600-20,500-21,200-62,400-26,600-132,00039,100-46,600-16,500-40,500-2,000-43,100
  Buy Backs7.5%4,3004,0004,0003,7004,3503,90018,20042,9004,2004,0004,0003,8004,1003,7006,40014,7004,7004,5004,7005,60010,550

WTS Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Consolidated Statements of Operations   
Net sales$ 2,056.3$ 1,979.5$ 1,809.2
Cost of goods sold1,095.41,105.21,042.1
GROSS PROFIT960.9874.3767.1
Selling, general and administrative expenses604.5550.5508.2
Restructuring5.510.619.3
Gain on sale of asset (1.8) 
OPERATING INCOME350.9315.0239.6
Other (income) expense:   
Interest income(7.2)(0.6) 
Interest expense8.27.06.3
Other expense (income), net0.41.0(0.8)
Total other (income) expense1.47.45.5
INCOME BEFORE INCOME TAXES349.5307.6234.1
Provision for income taxes87.456.168.4
NET INCOME$ 262.1$ 251.5$ 165.7
Basic EPS   
NET INCOME PER SHARE$ 7.85$ 7.51$ 4.90
Weighted average number of shares33.433.533.8
Diluted EPS   
NET INCOME PER SHARE$ 7.82$ 7.48$ 4.88
Weighted average number of shares33.533.633.9
Dividends declared per share$ 1.38$ 1.16$ 1.01

WTS Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:  
Cash and cash equivalents$ 350.1$ 310.8
Trade accounts receivable, less reserve allowances of $00.0 million at December 31, 2023 and $10.7 million at December 31, 2022259.8233.8
Inventories, net:  
Raw materials150.6138.0
Work in process20.221.0
Finished goods228.5216.6
Total Inventories399.3375.6
Prepaid expenses and other current assets51.830.4
Total Current Assets1,061.0950.6
PROPERTY, PLANT AND EQUIPMENT  
Property, plant and equipment, at cost677.2595.6
Accumulated depreciation(429.0)(398.8)
Property, plant and equipment, net248.2196.8
OTHER ASSETS:  
Goodwill693.0592.4
Intangible assets, net216.1113.7
Deferred income taxes23.617.8
Other, net67.559.6
TOTAL ASSETS2,309.41,930.9
CURRENT LIABILITIES:  
Accounts payable131.8134.3
Accrued expenses and other liabilities190.3174.6
Accrued compensation and benefits83.769.8
Total Current Liabilities405.8378.7
LONG-TERM DEBT298.3147.6
DEFERRED INCOME TAXES13.526.2
OTHER NONCURRENT LIABILITIES78.577.8
STOCKHOLDERS' EQUITY:  
Preferred Stock, $0.10 par value; 5,000,000 shares authorized; no shares issued or outstanding
Additional paid-in capital674.3651.9
Retained earnings979.1795.3
Accumulated other comprehensive loss(143.4)(149.9)
Total Stockholders' Equity1,513.31,300.6
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY2,309.41,930.9
Class A  
STOCKHOLDERS' EQUITY:  
Common Stock2.72.7
Class B  
STOCKHOLDERS' EQUITY:  
Common Stock$ 0.6$ 0.6
WTS
Watts Water Technologies, Inc. supplies products and solutions that manage and conserve the flow of fluids and energy into, through, and out of buildings in the commercial, industrial, and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers residential and commercial flow control and protection products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, thermostatic mixing valves, and leak detection and protection products for plumbing and hot water applications. It also provides heating, ventilation, and air conditioning and gas products comprising commercial boilers, and water heaters and heating solutions; hydronic and electric heating systems for under-floor radiant applications; custom heat and hot water solutions; hydronic pump groups for boiler manufacturers and alternative energy control packages; and flexible stainless steel connectors for natural and liquid propane gas in commercial food service and residential applications. In addition, the company offers drainage and water re-use products, such as drainage products and engineered rain water harvesting solutions for commercial, industrial, marine, and residential applications; and water quality products that include point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems for commercial, marine, and residential applications. The company sells its products to plumbing, heating, and mechanical wholesale distributors and dealers, as well as original equipment manufacturers, specialty product distributors, and do-it-yourself and retail chains; and wholesalers and private label accounts. Watts Water Technologies, Inc. was founded in 1874 and is headquartered in North Andover, Massachusetts.
 CEO
 WEBSITEwww.watts.com
 EMPLOYEES4600

Watts Water Technologies Inc Frequently Asked Questions


What is the ticker symbol for Watts Water Technologies Inc? What does WTS stand for in stocks?

WTS is the stock ticker symbol of Watts Water Technologies Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Watts Water Technologies Inc (WTS)?

As of Wed Mar 27 2024, market cap of Watts Water Technologies Inc is 7.07 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WTS stock?

You can check WTS's fair value in chart for subscribers.

What is the fair value of WTS stock?

You can check WTS's fair value in chart for subscribers. The fair value of Watts Water Technologies Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Watts Water Technologies Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WTS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Watts Water Technologies Inc a good stock to buy?

The fair value guage provides a quick view whether WTS is over valued or under valued. Whether Watts Water Technologies Inc is cheap or expensive depends on the assumptions which impact Watts Water Technologies Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WTS.

What is Watts Water Technologies Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Mar 27 2024, WTS's PE ratio (Price to Earnings) is 26.96 and Price to Sales (PS) ratio is 3.44. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WTS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Watts Water Technologies Inc's stock?

In the past 10 years, Watts Water Technologies Inc has provided 0.145 (multiply by 100 for percentage) rate of return.