Watts Water Technologies, Inc. (WTS)

NYSE: WTS · IEX Real-Time Price · USD
202.99
+3.84 (1.93%)
Feb 29, 2024, 3:29 PM EST - Market open
1.93%
Market Cap 6.64B
Revenue (ttm) 2.06B
Net Income (ttm) 262.10M
Shares Out 33.31M
EPS (ttm) 7.82
PE Ratio 25.85
Forward PE 23.64
Dividend $1.44 (0.71%)
Ex-Dividend Date Feb 29, 2024
Volume 88,921
Open 201.49
Previous Close 199.15
Day's Range 200.79 - 202.99
52-Week Range 153.25 - 219.52
Beta 0.95
Analysts Hold
Price Target 190.60 (-6.1%)
Earnings Date Feb 12, 2024

About WTS

Watts Water Technologies, Inc., together with its subsidiaries, 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, leak detection and protect... [Read more]

Sector Industrials
IPO Date Aug 1, 1986
Employees 5,100
Stock Exchange NYSE
Ticker Symbol WTS
Full Company Profile

Financial Performance

In 2023, WTS's revenue was $2.06 billion, an increase of 3.88% compared to the previous year's $1.98 billion. Earnings were $262.10 million, an increase of 4.21%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for WTS stock is "Hold." The 12-month stock price forecast is $190.6, which is a decrease of -6.10% from the latest price.

Price Target
$190.6
(-6.10% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Watts Water Technologies to Participate in the Northcoast Research Water & Environmental 1x1 Summit in London

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies to Participate in the Northcoast Research Water & Environmental 1x1 Summit in London.

2 days ago - Business Wire

Watts Water Technologies Announces Webcast of its Virtual Presentation in Gabelli Funds 34th Annual Pump, Valve & Water Systems Symposium

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies Announces Webcast of its Virtual Presentation in Gabelli Funds 34th Annual Pump, Valve & Water Systems Symposium.

10 days ago - Business Wire

Watts Water Technologies Reports Record Fourth Quarter and Full Year 2023 Results

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--WATTS WATER TECHNOLOGIES REPORTS RECORD FOURTH QUARTER AND FULL YEAR 2023 RESULTS.

16 days ago - Business Wire

Watts Water Technologies, Inc. Declares Quarterly Dividend

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies, Inc. Declares Quarterly Dividend.

21 days ago - Business Wire

Watts Water Technologies, Inc. Elects Rebecca Boll to Its Board of Directors

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--WATTS WATER TECHNOLOGIES, INC. ELECTS REBECCA BOLL TO ITS BOARD OF DIRECTORS.

21 days ago - Business Wire

Watts Water Technologies Announces Fourth Quarter and Full Year 2023 Earnings Release and Earnings Conference Call

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies Announces Fourth Quarter and Full Year 2023 Earnings Release and Earnings Conference Call.

5 weeks ago - Business Wire

Watts Water Technologies Inc. Completes Acquisition of Josam Company

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies Inc. Completes Acquisition of Josam Company.

2 months ago - Business Wire

Watts Water Technologies Inc. to Acquire Josam Company

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies Inc. to Acquire Josam Company.

2 months ago - Business Wire

Watts Water Technologies Named One of “America's Most Responsible Companies 2024” by Newsweek

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies Named One of “America's Most Responsible Companies 2024” by Newsweek.

3 months ago - Business Wire

Watts Water Technologies, Inc. Named a Top Place to Work by The Boston Globe

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies, Inc. Named a Top Place to Work by The Boston Globe.

3 months ago - Business Wire

There may be investment opportunities in the water sector despite its less-than-stellar 2023 performance

Water is essential to human life, but trading in the market for the commodity has failed to show it, with a key global water index of companies operating in the sector barely higher for the year.

Other symbols: PNRXYL
3 months ago - Market Watch

Watts Water Technologies Reports Record Third Quarter 2023 Results

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--WATTS WATER TECHNOLOGIES REPORTS RECORD THIRD QUARTER 2023 RESULTS.

4 months ago - Business Wire

Watts Water Technologies Inc. Completes Acquisition of Bradley Corporation

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies Inc. Completes Acquisition of Bradley Corporation.

4 months ago - Business Wire

Watts Water Technologies to Participate in and Present at the 2023 Baird Global Industrial Conference

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies to Participate in and Present at the 2023 Baird Global Industrial Conference.

4 months ago - Business Wire

Watts Water Technologies Announces Third Quarter 2023 Earnings Release and Earnings Conference Call

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies Announces Third Quarter 2023 Earnings Release and Earnings Conference Call.

4 months ago - Business Wire

Watts Water Technologies, Inc. Named One of “America's Greenest Companies 2024” by Newsweek

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies, Inc. Named One of “America's Greenest Companies 2024” by Newsweek.

5 months ago - Business Wire

Watts Water Technologies Inc. to Acquire Bradley Corporation

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies Inc. to Acquire Bradley Corporation.

6 months ago - Business Wire

Watts Water Technologies to Participate in the Seaport Research Partners Annual Summer Investor Virtual Conference

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies to Participate in the Seaport Research Partners Annual Summer Investor Virtual Conference.

7 months ago - Business Wire

Watts Water Technologies Reports Record Second Quarter 2023 Results

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--WATTS WATER TECHNOLOGIES REPORTS RECORD SECOND QUARTER 2023 RESULTS.

7 months ago - Business Wire

Watts Water Technologies Announces Second Quarter 2023 Earnings Release and Earnings Conference Call

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies Announces Second Quarter 2023 Earnings Release and Earnings Conference Call.

8 months ago - Business Wire

Watts Water Technologies to Present during the TD Cowen Sustainability Conference 2023

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies to Present during the TD Cowen Sustainability Conference 2023.

9 months ago - Business Wire

Watts Water Technologies to Participate in the Deutsche Bank 14th Annual Global Industrials, Materials & Building Products Conference 2023

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies to Participate in the Deutsche Bank 14th Annual Global Industrials, Materials & Building Products Conference 2023.

9 months ago - Business Wire

Watts Water Technologies Publishes its 2022 Sustainability Report

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies Publishes its 2022 Sustainability Report.

9 months ago - Business Wire

Watts Water Technologies Named One of “America's Climate Leaders” by USA Today

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies Named One of “America's Climate Leaders” by USA Today.

10 months ago - Business Wire

Watts Water Technologies to Participate in the Stifel 2023 Cross Sector Insight Conference

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies to Participate in the Stifel 2023 Cross Sector Insight Conference.

10 months ago - Business Wire