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Watts Water Technologies, Inc. (WTS)

Stock Price: $91.34 USD 2.37 (2.66%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 3.08B
Revenue (ttm) 1.52B
Net Income (ttm) 116.30M
Shares Out 27.45M
EPS (ttm) 3.41
PE Ratio 26.79
Forward PE 30.77
Dividend $0.92
Dividend Yield 1.01%

Stock Quote

Trading Day Aug 7, 2020
Last Price $91.34
Previous Close $88.97
Change ($) 2.37
Change (%) 2.66%
Day's Open 88.25
Day's Range 88.25 - 91.68
Day's Volume 127,868
52-Week Range 69.02 - 114.45

More Stats

Market Cap 3.08B
Enterprise Value 3.19B
Earnings Date (est) Oct 28, 2020
Ex-Dividend Date May 29, 2020
Shares Outstanding 27.45M
Float 27.08M
EPS (basic) 3.43
EPS (diluted) 3.41
FCF / Share 5.46
Dividend $0.92
Dividend Yield 1.01%
Earnings Yield 3.73%
FCF Yield 6.00%
Payout Ratio 26.80%
Shares Short 895,315
Short Ratio 5.53
Short % of Float 4.49%
Beta 0.90
PE Ratio 26.79
Forward PE 30.77
P/FCF Ratio 16.67
PS Ratio 2.03
PB Ratio 3.07
Revenue 1.52B
Operating Income 174.90M
Net Income 116.30M
Free Cash Flow 184.50M
Net Cash -113.80M
Net Cash / Share -3.38
Gross Margin 44.68%
Operating Margin 11.53%
Profit Margin 7.70%
FCF Margin 12.17%
ROA 6.90%
ROE 12.12%
ROIC 23.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (9)

Buy 1
Overweight 0
Hold 8
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$87.00*
(-4.75% downside)
Low
75.0
Current: $91.34
High
99.0
Target: 87.00
*Average 12-month price target from 5 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue1,6011,5651,4571,3981,4681,5141,4741,4271,4071,275
Revenue Growth2.27%7.43%4.17%-4.72%-3.04%2.73%3.23%1.42%10.42%-
Gross Profit678657602566553542527514508465
Operating Income197188162136-90.10105112123126114
Net Income13212873.1084.20-11350.3058.6068.4066.4058.80
Shares Outstanding34.1034.3034.4034.4034.9035.3035.5036.0037.3037.30
Earnings Per Share3.853.732.122.44-3.241.42---1.57
EPS Growth3.22%75.94%-13.11%-------
Dividend Per Share0.900.820.750.710.660.580.500.440.440.44
Dividend Growth9.76%9.33%5.63%7.58%13.79%16%13.64%0%0%-
Operating Cash Flow194169156138109135118134126119
Capital Expenditures-29.10-33.70-29.00-35.90-27.60-23.30-26.20-30.40-22.60-23.40
Free Cash Flow16513612710281.8011292.0010310395.50
Cash & Equivalents220204280338296301268273255333
Total Debt309353497650575580308385399379
Net Cash / Debt-89.50-149-217-312-279-279-39.80-111-145-45.50
Assets1,7231,6541,7371,7631,6911,9481,7401,7091,6941,646
Liabilities7457629081,0279861,036738770774745
Book Value9788918297367059121,002940920902
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Watts Water Technologies, Inc.
Country United States
Employees 4,800
CEO Robert J. Pagano

Stock Information

Ticker Symbol WTS
Stock Exchange New York Stock Exchange
Sector Industrials
Industry Specialty Industrial Machinery
Unique Identifier NYSE: WTS
IPO Date August 1, 1986

Description

Watts Water Technologies, Inc. designs, manufactures, and sells products and systems that manage and conserve the flow of fluids and energy into, through and out of buildings in the residential and commercial markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers residential and commercial flow control products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, and thermostatic mixing valves. It also provides heating, ventilation, and air conditioning and gas products, such as boilers, water heaters, and heating solution; 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 comprising 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 and residential applications. Further, it provides smart mixing system under the IntelliStation name; thermostat with home automation voice recognition capabilities under the Invita name; and platinum boiler under the AERCO Benchmark name. The company sells its products to plumbing, heating, and mechanical wholesale distributors and dealers, as well as original equipment manufacturers, specialty product distributors, do-it-yourself chains, and retail chains; and directly to wholesalers and private label accounts. Watts Water Technologies, Inc. was founded in 1874 and is headquartered in North Andover, Massachusetts.