Watts Water Technologies (WTS) Getting Somewhat Favorable Press Coverage, Study Shows

News headlines about Watts Water Technologies (NYSE:WTS) have been trending somewhat positive this week, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Watts Water Technologies earned a news impact score of 0.21 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 46.2627524688481 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Watts Water Technologies (NYSE:WTS) opened at $78.85 on Friday. Watts Water Technologies has a fifty-two week low of $59.15 and a fifty-two week high of $80.20. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.57 and a quick ratio of 1.70. The stock has a market capitalization of $2,700.00, a PE ratio of 29.31, a price-to-earnings-growth ratio of 1.98 and a beta of 1.16.

Watts Water Technologies (NYSE:WTS) last issued its earnings results on Wednesday, November 1st. The technology company reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.03. The business had revenue of $347.70 million during the quarter, compared to analysts’ expectations of $361.22 million. Watts Water Technologies had a return on equity of 12.90% and a net margin of 6.49%. The business’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.71 EPS. equities analysts forecast that Watts Water Technologies will post 3.01 earnings per share for the current year.

A number of brokerages have issued reports on WTS. Stifel Nicolaus reaffirmed a “buy” rating and issued a $95.00 target price (up previously from $85.00) on shares of Watts Water Technologies in a report on Tuesday. Boenning Scattergood reaffirmed a “buy” rating on shares of Watts Water Technologies in a report on Monday, November 20th. Seaport Global Securities reaffirmed a “neutral” rating on shares of Watts Water Technologies in a report on Friday, November 3rd. KeyCorp reaffirmed a “hold” rating on shares of Watts Water Technologies in a report on Friday, November 3rd. Finally, Robert W. Baird upped their target price on Watts Water Technologies from $71.00 to $76.00 and gave the stock a “neutral” rating in a report on Friday, November 3rd. One analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $75.50.

In other news, CEO Robert J. Pagano, Jr. sold 3,951 shares of the stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $73.09, for a total value of $288,778.59. Following the completion of the sale, the chief executive officer now owns 137,474 shares of the company’s stock, valued at $10,047,974.66. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Elie Melhem sold 2,545 shares of the stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $70.48, for a total value of $179,371.60. The disclosure for this sale can be found here. In the last three months, insiders sold 18,348 shares of company stock valued at $1,339,628. Insiders own 1.10% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This report was originally published by BBNS and is the sole property of of BBNS. If you are accessing this report on another publication, it was stolen and republished in violation of United States & international copyright & trademark laws. The original version of this report can be viewed at https://baseballnewssource.com/markets/watts-water-technologies-wts-getting-somewhat-favorable-press-coverage-study-shows/1845892.html.

Watts Water Technologies Company Profile

Watts Water Technologies, Inc is a supplier of products and solutions that manage and conserve the flow of fluids and energy into, through and out of buildings in the residential and commercial markets. The Company, through its subsidiary, Watts Regulator Co, is engaged in manufacturing products and systems focused on the control, conservation and quality of water, and safety of the people using it.

Insider Buying and Selling by Quarter for Watts Water Technologies (NYSE:WTS)

Receive News & Ratings for Watts Water Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Watts Water Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Report: Eduardo Nunez and Red Sox Agree to Deal for One Year
Report: Eduardo Nunez and Red Sox Agree to Deal for One Year
Los Angeles Angels Plan to Use Shohei Ohtani in Six-Man Rotation
Los Angeles Angels Plan to Use Shohei Ohtani in Six-Man Rotation
Cubs Sign Free Agent Yu Darvish
Cubs Sign Free Agent Yu Darvish
Mother of Pittsburgh Pirates Player Elias Diaz Has Been Kidnapped
Mother of Pittsburgh Pirates Player Elias Diaz Has Been Kidnapped
Giants Will Retire No. 25 of Barry Bonds in August
Giants Will Retire No. 25 of Barry Bonds in August
Mookie Betts Awarded Arbitration of $10.5 Million
Mookie Betts Awarded Arbitration of $10.5 Million


Leave a Reply

 
© 2006-2018 BBNS.