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.

Investment analysts gave a few price targets for WTS. The most optimistic price target was 72, implying a possible profit of 12.59 percent. The most pessimistic price target was 58, which equates to a potential downside of -9.3 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.62 percent. The average change in earnings estimates over the last 90 days is -1.24 percent. 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.

Another thing investors often look at is the level of agreement among analysts' 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, compared to 2 analysts that revised their FY estimates downwards.

The growth rate of WTS's earnings is estimated by analysts to be 12.18 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 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 traded between a high of 71.05 and a low of 58.35 over the past year. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.