Watts Water Technologies, Inc. (WTS)
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% |
Analyst Summary
Analyst Consensus: Overweight
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,601 | 1,565 | 1,457 | 1,398 | 1,468 | 1,514 | 1,474 | 1,427 | 1,407 | 1,275 |
| Revenue Growth | 2.27% | 7.43% | 4.17% | -4.72% | -3.04% | 2.73% | 3.23% | 1.42% | 10.42% | - |
| Gross Profit | 678 | 657 | 602 | 566 | 553 | 542 | 527 | 514 | 508 | 465 |
| Operating Income | 197 | 188 | 162 | 136 | -90.10 | 105 | 112 | 123 | 126 | 114 |
| Net Income | 132 | 128 | 73.10 | 84.20 | -113 | 50.30 | 58.60 | 68.40 | 66.40 | 58.80 |
| Shares Outstanding | 34.10 | 34.30 | 34.40 | 34.40 | 34.90 | 35.30 | 35.50 | 36.00 | 37.30 | 37.30 |
| Earnings Per Share | 3.85 | 3.73 | 2.12 | 2.44 | -3.24 | 1.42 | - | - | - | 1.57 |
| EPS Growth | 3.22% | 75.94% | -13.11% | - | - | - | - | - | - | - |
| Dividend Per Share | 0.90 | 0.82 | 0.75 | 0.71 | 0.66 | 0.58 | 0.50 | 0.44 | 0.44 | 0.44 |
| Dividend Growth | 9.76% | 9.33% | 5.63% | 7.58% | 13.79% | 16% | 13.64% | 0% | 0% | - |
| Operating Cash Flow | 194 | 169 | 156 | 138 | 109 | 135 | 118 | 134 | 126 | 119 |
| Capital Expenditures | -29.10 | -33.70 | -29.00 | -35.90 | -27.60 | -23.30 | -26.20 | -30.40 | -22.60 | -23.40 |
| Free Cash Flow | 165 | 136 | 127 | 102 | 81.80 | 112 | 92.00 | 103 | 103 | 95.50 |
| Cash & Equivalents | 220 | 204 | 280 | 338 | 296 | 301 | 268 | 273 | 255 | 333 |
| Total Debt | 309 | 353 | 497 | 650 | 575 | 580 | 308 | 385 | 399 | 379 |
| Net Cash / Debt | -89.50 | -149 | -217 | -312 | -279 | -279 | -39.80 | -111 | -145 | -45.50 |
| Assets | 1,723 | 1,654 | 1,737 | 1,763 | 1,691 | 1,948 | 1,740 | 1,709 | 1,694 | 1,646 |
| Liabilities | 745 | 762 | 908 | 1,027 | 986 | 1,036 | 738 | 770 | 774 | 745 |
| Book Value | 978 | 891 | 829 | 736 | 705 | 912 | 1,002 | 940 | 920 | 902 |
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.