The stock of Zurn Elkay Water Solutions Corporation (ZWS) has gone down by -1.76% for the week, with a -2.47% drop in the past month and a 10.35% rise in the past quarter. The volatility ratio for the week is 1.76%, and the volatility levels for the past 30 days are 1.77% for ZWS. The simple moving average for the last 20 days is -1.75% for ZWS stock, with a simple moving average of 18.16% for the last 200 days.
Is It Worth Investing in Zurn Elkay Water Solutions Corporation (NYSE: ZWS) Right Now?
Zurn Elkay Water Solutions Corporation (NYSE: ZWS) has a price-to-earnings ratio that is above its average at 109.04x. and a 36-month beta value of 1.32. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The average price predicted for Zurn Elkay Water Solutions Corporation (ZWS) by analysts is $32.00, which is $3.54 above the current market price. The public float for ZWS is 167.92M, and at present, short sellers hold a 2.31% of that float. On September 15, 2023, the average trading volume of ZWS was 1.11M shares.
ZWS) stock’s latest price update
Zurn Elkay Water Solutions Corporation (NYSE: ZWS) has seen a rise in its stock price by 0.81 in relation to its previous close of 28.23. However, the company has experienced a -1.76% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-09-14 that BFST, AMRK, GPI, ETD and ZWS have been added to the Zacks Rank #1 (Strong Buy) List on September 14, 2023.
Analysts’ Opinion of ZWS
Many brokerage firms have already submitted their reports for ZWS stocks, with Deutsche Bank repeating the rating for ZWS by listing it as a “Buy.” The predicted price for ZWS in the upcoming period, according to Deutsche Bank is $30 based on the research report published on June 29, 2023 of the current year 2023.
ZWS Trading at -1.02% from the 50-Day Moving Average
After a stumble in the market that brought ZWS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.81% of loss for the given period.
Volatility was left at 1.77%, however, over the last 30 days, the volatility rate increased by 1.76%, as shares sank -1.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.60% upper at present.
During the last 5 trading sessions, ZWS fell by -1.76%, which changed the moving average for the period of 200-days by +14.44% in comparison to the 20-day moving average, which settled at $28.94. In addition, Zurn Elkay Water Solutions Corporation saw 34.56% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ZWS starting from Wehr Craig, who sale 1,442 shares at the price of $23.17 back on Feb 16. After this action, Wehr Craig now owns 82,640 shares of Zurn Elkay Water Solutions Corporation, valued at $33,411 using the latest closing price.
Jackson Rodney, the SVP-Bus.&Corp. Development of Zurn Elkay Water Solutions Corporation, sale 970 shares at $23.17 during a trade that took place back on Feb 16, which means that Jackson Rodney is holding 119,778 shares at $22,475 based on the most recent closing price.
Stock Fundamentals for ZWS
Current profitability levels for the company are sitting at:
- +9.56 for the present operating margin
- +33.66 for the gross margin
The net margin for Zurn Elkay Water Solutions Corporation stands at +4.45. The total capital return value is set at 8.52, while invested capital returns managed to touch 4.00. Equity return is now at value 3.30, with 1.80 for asset returns.
Based on Zurn Elkay Water Solutions Corporation (ZWS), the company’s capital structure generated 35.88 points at debt to equity in total, while total debt to capital is 26.41. Total debt to assets is 20.23, with long-term debt to equity ratio resting at 34.95. Finally, the long-term debt to capital ratio is 25.72.
When we switch over and look at the enterprise to sales, we see a ratio of 3.48, with the company’s debt to enterprise value settled at 0.16. The receivables turnover for the company is 6.17 and the total asset turnover is 0.65. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.62.
Conclusion
To sum up, Zurn Elkay Water Solutions Corporation (ZWS) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
