Analyst Ratings for Watts Water Technologies Inc. Cl A (WTS)

Updated: 2017-07-27

An average rating of Hold has been given to Watts Water Technologies Inc. Cl A (NYSE:WTS) by analysts covering the stock. About 30 days ago, WTS was issued an average rating of Hold.

1 analysts declared WTS a buy, 0 gave an overweight rating, 9 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

Several price targets were given for WTS by the analysts covering the stock. The most optimistic price target was 72, implying a possible profit of 12.59 percent. The minimum price target given was 58, implying potential capital losses of -9.3 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.62 percent. That number becomes -1.24 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.69 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.

Analysts estimate earnings of WTS to grow at a rate of 12.18 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. WTS has a PEG ratio of 2.02.

In the last 52-weeks, WTS has achieved a high of 71.05 and a low of 58.35. Today's price is 9.6 percent above the 52-week low, and below the high by 9.99 percent. WTS has a P/E ratio of 24.6. Investors typically compare the P/E ratio to a company's peers in the industry. The WTS value stock report compares WTS to some of its peers using value stock charts. The stock has a market capitalization of $2.22 billion. WTS's next earnings release will be on 0000-00-00, which is days away.