Watts Water Technologies Inc
General ticker "WTS" information:
- Sector: Industrials
- Industry: Machinery
- Capitalization: $7.2B
Watts Water Technologies Inc follows the US Stock Market performance with the rate: 31.1%.
Estimated limits based on current volatility of 1.5%: low 203.43$, high 209.76$
Factors to consider:
- Company pays dividends: last record date 2024-11-29, amount 0.43$ (Y0.85%)
- North and South America accounted for 69.4% of revenue in the fiscal year ended 2023-12-31
- Price in estimated range
- Earnings for 9 months up through Q3 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [183.85$, 261.59$]
- 2024-12-30 to 2025-12-30 estimated range: [207.67$, 290.47$]
Financial Metrics affecting the WTS estimates:
- Positive: Non-GAAP EPS, $ of 8.27 > 2.29
- Positive: 9.05 < Operating profit margin, % of 17.06
- Positive: 2.35 < Operating cash flow per share per price, % of 4.64
- Positive: Interest expense per share, $ of 0.25 <= 0.74
- Negative: 0 < Inventory ratio change, % of 0.76
Short-term WTS quotes
Long-term WTS plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $1,809.20MM | $1,981.30MM | $2,056.30MM |
| Operating Expenses | $1,569.60MM | $1,666.30MM | $1,705.40MM |
| Operating Income | $239.60MM | $315.00MM | $350.90MM |
| Non-Operating Income | $-5.50MM | $-7.40MM | $-1.40MM |
| Interest Expense | $6.30MM | $7.00MM | $8.20MM |
| R&D Expense | $45.60MM | $59.40MM | $67.10MM |
| Income(Loss) | $234.10MM | $307.60MM | $349.50MM |
| Taxes | $68.40MM | $56.10MM | $87.40MM |
| Profit(Loss) | $165.70MM | $251.50MM | $262.10MM |
| Stockholders Equity | $1,173.20MM | $1,300.60MM | $1,513.30MM |
| Inventory | $370.70MM | $375.60MM | $399.30MM |
| Assets | $1,855.60MM | $1,930.90MM | $2,309.40MM |
| Operating Cash Flow | $180.80MM | $224.00MM | $310.80MM |
| Capital expenditure | $26.70MM | $28.10MM | $29.70MM |
| Investing Cash Flow | $-30.70MM | $-22.90MM | $-343.10MM |
| Financing Cash Flow | $-118.60MM | $-121.70MM | $69.00MM |
| Earnings Per Share* | $4.90 | $7.51 | $7.85 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.