In the past week, ZWS stock has gone down by -0.76%, with a monthly gain of 7.33% and a quarterly plunge of -0.06%. The volatility ratio for the week is 3.43%, and the volatility levels for the last 30 days are 2.67% for Zurn Elkay Water Solutions Corp The simple moving average for the last 20 days is 1.58% for ZWS stock, with a simple moving average of 3.04% for the last 200 days.
Is It Worth Investing in Zurn Elkay Water Solutions Corp (NYSE: ZWS) Right Now?
The price-to-earnings ratio for Zurn Elkay Water Solutions Corp (NYSE: ZWS) is above average at 40.56x. The 36-month beta value for ZWS is also noteworthy at 1.17. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for ZWS is 143.52M, and at present, short sellers hold a 3.01% of that float. The average trading volume of ZWS on August 02, 2024 was 905.94K shares.
ZWS) stock’s latest price update
Zurn Elkay Water Solutions Corp (NYSE: ZWS)’s stock price has plunge by -3.51relation to previous closing price of 32.46. Nevertheless, the company has seen a -0.76% plunge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-07-31 that Zurn Elkay Water Solutions Corporation (NYSE:ZWS ) Q2 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants Bryan Wendlandt – Director, FP&A Todd Adams – Chairman & CEO David Pauli – VP, IR Mark Peterson – SVP & CFO Conference Call Participants Bryan Blair – Oppenheimer Andrew Buscaglia – BNP Paribas Andrew Krill – Deutsche Bank Nathan Jones – Stifel Mike Halloran – Baird Jeff Hammond – KeyBanc Capital Markets Operator Good morning, and welcome to the Zurn Elkay Water Solutions Corporation’s Second Quarter 2024 Earnings Results Conference Call with Todd Adams, Chairman and Chief Executive Officer; David Pauli, Chief Financial Officer; and Bryan Wendlandt, Director of FP&A for Zurn Elkay Water Solutions. A replay of the conference call will be available as a webcast on the company’s Investor Relations website.
Analysts’ Opinion of ZWS
Many brokerage firms have already submitted their reports for ZWS stocks, with Exane BNP Paribas repeating the rating for ZWS by listing it as a “Outperform.” The predicted price for ZWS in the upcoming period, according to Exane BNP Paribas is $40 based on the research report published on March 12, 2024 of the current year 2024.
Mizuho, on the other hand, stated in their research note that they expect to see ZWS reach a price target of $34. The rating they have provided for ZWS stocks is “Neutral” according to the report published on February 09th, 2024.
Stifel gave a rating of “Hold” to ZWS, setting the target price at $31 in the report published on December 19th of the previous year.
ZWS Trading at 1.97% 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 -9.43% of loss for the given period.
Volatility was left at 2.67%, however, over the last 30 days, the volatility rate increased by 3.43%, as shares surge +5.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.93% lower at present.
During the last 5 trading sessions, ZWS fell by -0.76%, which changed the moving average for the period of 200-days by +18.06% in comparison to the 20-day moving average, which settled at $30.92. In addition, Zurn Elkay Water Solutions Corp saw 6.49% 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 JAHNKE TIMOTHY J, who proposed sale 4,086 shares at the price of $32.98 back on Jul 31 ’24. After this action, JAHNKE TIMOTHY J now owns shares of Zurn Elkay Water Solutions Corp, valued at $134,742 using the latest closing price.
Katz Aimee, the 10% Owner of Zurn Elkay Water Solutions Corp, sale 111,760 shares at $29.07 during a trade that took place back on Jul 02 ’24, which means that Katz Aimee is holding 23,454,164 shares at $3,248,863 based on the most recent closing price.
Stock Fundamentals for ZWS
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.41 for the gross margin
The net margin for Zurn Elkay Water Solutions Corp stands at 0.09. The total capital return value is set at 0.1. Equity return is now at value 8.04, with 4.67 for asset returns.
Based on Zurn Elkay Water Solutions Corp (ZWS), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 0.62. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is 12.69.
Currently, EBITDA for the company is 306.0 million with net debt to EBITDA at 1.17. When we switch over and look at the enterprise to sales, we see a ratio of 3.72. The receivables turnover for the company is 6.4for trailing twelve months and the total asset turnover is 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.83.
Conclusion
In summary, Zurn Elkay Water Solutions Corp (ZWS) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
