28-Mar-2024
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Watts Water Technologies Elects Kenneth Napolitano to Its Board of Directors
Business Wire (Wed, 13-Mar 4:30 PM ET)
Business Wire (Mon, 26-Feb 4:00 PM ET)
Business Wire (Mon, 19-Feb 2:28 PM ET)
Watts Water Technologies Reports Record Fourth Quarter and Full Year 2023 Results
Business Wire (Mon, 12-Feb 4:35 PM ET)
Watts Water Technologies, Inc. Declares Quarterly Dividend
Business Wire (Wed, 7-Feb 5:00 PM ET)
Watts Water Technologies, Inc. Elects Rebecca Boll to Its Board of Directors
Business Wire (Wed, 7-Feb 4:30 PM ET)
Gabelli Funds to Host Pump, Valve & Water Systems Symposium at The Yale Club, New York, NY
Globe Newswire (Mon, 29-Jan 7:00 AM ET)
Business Wire (Fri, 19-Jan 12:36 PM ET)
Watts Water Technologies Inc. Completes Acquisition of Josam Company
Business Wire (Tue, 2-Jan 4:30 PM ET)
Watts Water Technologies Inc is a U.S.-based company that provides safety, energy efficiency, and water conservation products. Its product portfolio includes residential and commercial flow control products, which are sold for plumbing and hot water applications; HVAC and gas products, including commercial boilers, water heaters, heating solutions, and heating systems; drainage and water reuse products, including drainage products and engineered rainwater-harvesting solutions; and water quality products, including point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems. The company generates the majority of its revenue from markets in the Americas and in Europe, the Middle East, and Africa.
Watts Water Technologies Class A trades on the NYSE stock market under the symbol WTS.
As of March 28, 2024, WTS stock price climbed to $212.55 with 99,057 million shares trading.
WTS has a beta of 1.46, meaning it tends to be more sensitive to market movements. WTS has a correlation of 0.41 to the broad based SPY ETF.
WTS has a market cap of $7.09 billion. This is considered a Mid Cap stock.
Last quarter Watts Water Technologies Class A reported $548 million in Revenue and $1.97 earnings per share. This beat revenue expectation by $15 million and exceeded earnings estimates by $.19.
In the last 3 years, WTS stock traded as high as $219.52 and as low as $116.31.
The top ETF exchange traded funds that WTS belongs to (by Net Assets): IJH, VTI, VB, IWM, VBR.
WTS has underperformed the market in the last year with a return of +33.0%, while the SPY ETF gained +33.6%. In the last 3 month period, WTS fell short of the market, returning +0.8%, while SPY returned +10.1%. However, in the most recent 2 weeks WTS has outperformed the stock market by returning +4.3%, while SPY returned +1.7%.
WTS support price is $208.83 and resistance is $214.31 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WTS stock will trade within this expected range on the day.