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.

WTS was given price targets by several analysts. The maximum price target given was 72, which equates to a potential upside of 12.59 percent. The lowest price target was 58, which equates to a potential downside of -9.3 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates downwards for this quarter, by about -0.62 percent on average, compared to last month. That number becomes -1.24 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. 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, while 2 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.

WTS has an estimated earnings growth rate of 12.18 percent as forecasted by analysts. 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. Many investors consider PEG ratios between 0 and 1 as preferrable, 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. The current market price is above the trailing year's low by 9.6 percent, and 9.99 percent below the high. WTS has a price/earnings 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 market cap of WTS is $2.22 billion. WTS's next earnings release will be on 0000-00-00, which is days away.