Watts Water Technologies, Inc. (WTS)
NYSE: WTS · Real-Time Price · USD
215.17
+4.37 (2.07%)
Nov 22, 2024, 4:00 PM EST - Market closed

Watts Water Technologies Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for WTS stock have an average target of 200.25, with a low estimate of 175 and a high estimate of 225. The average target predicts a decrease of -6.93% from the current stock price of 215.17.

Analyst Consensus: Buy
Target Low Average Median High
Price $175 $200.25 $202 $225
Change -18.67% -6.93% -6.12% +4.57%

Analyst Ratings

The average analyst rating for WTS stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000001
Buy 000000
Hold 443333
Sell 000000
Strong Sell 000000
Total 443334

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Northcoast Research
Northcoast Research
Strong Buy
Upgrades
$225
Strong Buy Upgrades $225 +4.57% Nov 4, 2024
Stifel
Stifel
Hold
Maintains
$217$202
Hold Maintains $217$202 -6.12% Aug 9, 2024
Baird
Baird
Hold
Maintains
$225$199
Hold Maintains $225$199 -7.51% Aug 9, 2024
Stifel
Stifel
Hold
Maintains
$209$217
Hold Maintains $209$217 +0.85% Jul 18, 2024
Baird
Baird
Hold
Maintains
$212$225
Hold Maintains $212$225 +4.57% May 10, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.28B
from 2.06B
Increased by 10.64%
Revenue Next Year
2.32B
from 2.28B
Increased by 2.02%
EPS This Year
8.82
from 7.82
Increased by 12.85%
EPS Next Year
9.06
from 8.82
Increased by 2.70%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
1.60B1.51B1.81B1.98B2.06B2.28B2.32B2.40B
Revenue Growth
2.27%-5.74%19.93%9.41%3.88%10.64%2.02%3.36%
EPS
3.853.364.887.487.828.829.069.71
EPS Growth
3.22%-12.73%45.24%53.28%4.55%12.85%2.70%7.13%
Forward PE
-----24.3823.7422.16
No. Analysts -----995
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 2.4B 2.5B 2.5B
Avg 2.3B 2.3B 2.4B
Low 2.2B 2.2B 2.3B

Revenue Growth

Revenue Growth 2024202520262027
High
15.6%
8.2%
9.7%
Avg
10.6%
2.0%
3.4%
Low
7.0%
-3.4%
-1.6%

EPS Forecast

EPS 2024202520262027
High 9.21 9.61 10.36
Avg 8.82 9.06 9.71
Low 8.52 8.60 9.10

EPS Growth

EPS Growth 2024202520262027
High
17.8%
8.9%
14.4%
Avg
12.8%
2.7%
7.1%
Low
8.9%
-2.5%
0.5%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.