Watts Water Technologies (NYSE:WTS - Get Free Report) is anticipated to release its earnings data after the market closes on Monday, February 10th. Analysts expect Watts Water Technologies to post earnings of $1.91 per share and revenue of $537.12 million for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.
Watts Water Technologies Stock Up 0.5 %
NYSE:WTS traded up $0.94 on Thursday, reaching $206.75. 251,592 shares of the stock traded hands, compared to its average volume of 152,221. The company's fifty day simple moving average is $208.43 and its 200 day simple moving average is $202.96. The company has a market capitalization of $6.89 billion, a price-to-earnings ratio of 24.79, a PEG ratio of 3.38 and a beta of 0.93. Watts Water Technologies has a 12 month low of $175.37 and a 12 month high of $222.70. The company has a current ratio of 2.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.13.
Watts Water Technologies Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date of this dividend is Friday, February 28th. Watts Water Technologies's payout ratio is 20.62%.
Analysts Set New Price Targets
A number of equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft started coverage on Watts Water Technologies in a research report on Tuesday, December 17th. They issued a "hold" rating and a $240.00 target price for the company. Northcoast Research upgraded shares of Watts Water Technologies from a "neutral" rating to a "buy" rating and set a $225.00 price objective on the stock in a research report on Monday, November 4th. Finally, Stifel Nicolaus lifted their target price on shares of Watts Water Technologies from $202.00 to $218.00 and gave the stock a "hold" rating in a research report on Wednesday, December 11th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $220.50.
Check Out Our Latest Stock Analysis on WTS
Watts Water Technologies Company Profile
(
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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.
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