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.

A number of analysts gave price targets for WTS. The most optimistic analyst gave a price target of 72, which equates to a potential upside of 12.59 percent. The minimum price target given was 58, which equates to a potential downside of -9.3 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.62 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.24 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.69 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the 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.

The growth rate of WTS's earnings is estimated by analysts to be 12.18 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of WTS is 2.02.

WTS has a 52-week high of 71.05 and a 52-week low of 58.35. Currently the stock is 9.6 percent higher than its low, and 9.99 percent lower than its 52-week high. 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.