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.
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.
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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.
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