Watts Water Technologies Stock Buy Hold or Sell Recommendation
| WTS Stock | USD 215.79 1.13 0.53% |
Considering the 90-day investment horizon and complete risk avoidance on your part, our recommendation regarding Watts Water Technologies is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Watts Water Technologies given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Watts Water Technologies, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Watts Water Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Watts and provide practical buy, sell, or hold advice based on investors' constraints. Watts Water Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Watts |
Execute Watts Water Buy or Sell Advice
The Watts recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Watts Water Technologies. Macroaxis does not own or have any residual interests in Watts Water Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Watts Water's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Watts Water Trading Alerts and Improvement Suggestions
| Over 99.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from zacks.com: Watts Water Up 12.9 percent Since Last Earnings Report Can It Continue |
Watts Water Returns Distribution Density
The distribution of Watts Water's historical returns is an attempt to chart the uncertainty of Watts Water's future price movements. The chart of the probability distribution of Watts Water daily returns describes the distribution of returns around its average expected value. We use Watts Water Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Watts Water returns is essential to provide solid investment advice for Watts Water.
| Mean Return | 0.18 | Value At Risk | -1.66 | Potential Upside | 2.07 | Standard Deviation | 1.45 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Watts Water historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Watts Stock Institutional Investors
The Watts Water's institutional investors refer to entities that pool money to purchase Watts Water's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Gamco Investors, Inc. Et Al | 2024-09-30 | 481.3 K | Victory Capital Management Inc. | 2024-09-30 | 408 K | Northern Trust Corp | 2024-09-30 | 357.6 K | Amvescap Plc. | 2024-09-30 | 346.6 K | T. Rowe Price Associates, Inc. | 2024-09-30 | 331.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 316.4 K | Norges Bank | 2024-06-30 | 314.1 K | Kbc Group Nv | 2024-09-30 | 303.4 K | Jpmorgan Chase & Co | 2024-09-30 | 267.4 K | Blackrock Inc | 2024-06-30 | 3.8 M | Vanguard Group Inc | 2024-09-30 | 3.1 M |
Watts Water Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 17M | 18.7M | (113.7M) | (16.4M) | 27M | 28.4M | |
| Change In Cash | 15.6M | (800K) | 23.1M | 68.8M | 39.3M | 41.3M | |
| Free Cash Flow | 164.8M | 185M | 154.1M | 195.9M | 281.1M | 295.2M | |
| Depreciation | 46.6M | 46.5M | 45.1M | 39.7M | 43.3M | 36.7M | |
| Other Non Cash Items | 2.1M | 200K | 800K | 4M | (200K) | 190K | |
| Capital Expenditures | 29.2M | 43.8M | 26.7M | 28.1M | 29.7M | 33.4M | |
| Net Income | 131.5M | 114.3M | 165.7M | 251.5M | 262.1M | 275.2M | |
| End Period Cash Flow | 219.7M | 218.9M | 242M | 310.8M | 350.1M | 367.6M | |
| Investments | (71.8M) | (54.8M) | (30.7M) | (22.9M) | (34.7M) | (36.4M) | |
| Change Receivables | (15M) | 32.2M | (30.2M) | (20M) | (18M) | (17.1M) | |
| Net Borrowings | (45M) | (112.2M) | (56.4M) | 5M | 4.5M | 4.7M | |
| Change To Netincome | 19.1M | 19.7M | 16.1M | (11.2M) | (10.1M) | (9.6M) |
Watts Water Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Watts Water or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Watts Water's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Watts stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 1.43 | |
σ | Overall volatility | 1.44 | |
Ir | Information ratio | 0.03 |
Watts Water Volatility Alert
Watts Water Technologies has relatively low volatility with skewness of 0.87 and kurtosis of 3.87. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Watts Water's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Watts Water's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Watts Water Fundamentals Vs Peers
Comparing Watts Water's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Watts Water's direct or indirect competition across all of the common fundamentals between Watts Water and the related equities. This way, we can detect undervalued stocks with similar characteristics as Watts Water or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Watts Water's fundamental indicators could also be used in its relative valuation, which is a method of valuing Watts Water by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Watts Water to competition |
| Fundamentals | Watts Water | Peer Average |
| Return On Equity | 0.18 | -0.31 |
| Return On Asset | 0.11 | -0.14 |
| Profit Margin | 0.12 % | (1.27) % |
| Operating Margin | 0.18 % | (5.51) % |
| Current Valuation | 7.1 B | 16.62 B |
| Shares Outstanding | 27.38 M | 571.82 M |
| Shares Owned By Insiders | 1.03 % | 10.09 % |
| Shares Owned By Institutions | 98.97 % | 39.21 % |
| Number Of Shares Shorted | 886.13 K | 4.71 M |
| Price To Earning | 46.45 X | 28.72 X |
| Price To Book | 4.26 X | 9.51 X |
| Price To Sales | 3.17 X | 11.42 X |
| Revenue | 2.06 B | 9.43 B |
| Gross Profit | 874.3 M | 27.38 B |
| EBITDA | 401 M | 3.9 B |
| Net Income | 262.1 M | 570.98 M |
| Cash And Equivalents | 310.8 M | 2.7 B |
| Cash Per Share | 6.96 X | 5.01 X |
| Total Debt | 298.3 M | 5.32 B |
| Debt To Equity | 0.17 % | 48.70 % |
| Current Ratio | 2.30 X | 2.16 X |
| Book Value Per Share | 50.66 X | 1.93 K |
| Cash Flow From Operations | 310.8 M | 971.22 M |
| Short Ratio | 6.52 X | 4.00 X |
| Earnings Per Share | 8.33 X | 3.12 X |
| Price To Earnings To Growth | 2.99 X | 4.89 X |
| Target Price | 201.2 | |
| Number Of Employees | 5.1 K | 18.84 K |
| Beta | 0.9 | -0.15 |
| Market Capitalization | 7.17 B | 19.03 B |
| Total Asset | 2.31 B | 29.47 B |
| Retained Earnings | 979.1 M | 9.33 B |
| Working Capital | 655.2 M | 1.48 B |
Note: Disposition of 565 shares by Elie Melhem of Watts Water at 175.54 subject to Rule 16b-3 [view details]
Watts Water Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Watts . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Watts Water Buy or Sell Advice
When is the right time to buy or sell Watts Water Technologies? Buying financial instruments such as Watts Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Watts Water in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Momentum
Large corporations operating in software, education, financial and car manufacturing industries. The Momentum theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Momentum Theme or any other thematic opportunities.
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Additional Tools for Watts Stock Analysis
When running Watts Water's price analysis, check to measure Watts Water's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Watts Water is operating at the current time. Most of Watts Water's value examination focuses on studying past and present price action to predict the probability of Watts Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Watts Water's price. Additionally, you may evaluate how the addition of Watts Water to your portfolios can decrease your overall portfolio volatility.