Watts Water Technologies, Inc. (WTS)
NYSE: WTS · Real-Time Price · USD
202.02
-1.40 (-0.69%)
Dec 20, 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 220.5, with a low estimate of 199 and a high estimate of 240. The average target predicts an increase of 9.15% from the current stock price of 202.02.

Analyst Consensus: Buy
Target Low Average Median High
Price $199 $220.5 $225 $240
Change -1.49% +9.15% +11.38% +18.80%

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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 000011
Buy 000000
Hold 433333
Sell 000000
Strong Sell 000000
Total 433344

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Deutsche Bank
Deutsche Bank
Hold
Initiates
$240
Hold Initiates $240 +18.80% Dec 17, 2024
Stifel
Stifel
Hold
Maintains
$202$218
Hold Maintains $202$218 +7.91% Dec 11, 2024
Northcoast Research
Northcoast Research
Strong Buy
Upgrades
$225
Strong Buy Upgrades $225 +11.38% Nov 4, 2024
Stifel
Stifel
Hold
Maintains
$217$202
Hold Maintains $217$202 -0.01% Aug 9, 2024
Baird
Baird
Hold
Maintains
$225$199
Hold Maintains $225$199 -1.49% Aug 9, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.27B
from 2.06B
Increased by 10.49%
Revenue Next Year
2.31B
from 2.27B
Increased by 1.54%
EPS This Year
8.83
from 7.82
Increased by 12.86%
EPS Next Year
9.05
from 8.83
Increased by 2.50%
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
1.60B1.51B1.81B1.98B2.06B2.27B2.31B2.40B
Revenue Growth
2.27%-5.74%19.93%9.41%3.88%10.49%1.54%3.99%
EPS
3.853.364.887.487.828.839.059.76
EPS Growth
3.22%-12.73%45.24%53.28%4.55%12.86%2.50%7.85%
Forward PE
-----22.8922.3320.71
No. Analysts -----995
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 2.4B 2.4B 2.5B
Avg 2.3B 2.3B 2.4B
Low 2.2B 2.2B 2.3B

Revenue Growth

Revenue Growth 20242025202620272028
High
15.2%
7.8%
10.3%
Avg
10.5%
1.5%
4.0%
Low
7.0%
-3.8%
-1.0%

EPS Forecast

EPS 20242025202620272028
High 9.21 9.50 10.36
Avg 8.83 9.05 9.76
Low 8.52 8.60 9.10

EPS Growth

EPS Growth 20242025202620272028
High
17.8%
7.7%
14.6%
Avg
12.9%
2.5%
7.9%
Low
8.9%
-2.5%
0.6%
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.