The stock of Zurn Elkay Water Solutions Corp (ZWS) has gone up by 3.33% for the week, with a 10.98% rise in the past month and a 20.46% rise in the past quarter. The volatility ratio for the week is 2.14%, and the volatility levels for the past 30 days are 2.10% for ZWS. The simple moving average for the past 20 days is 4.61% for ZWS’s stock, with a 18.63% simple moving average for the past 200 days.
Is It Worth Investing in Zurn Elkay Water Solutions Corp (NYSE: ZWS) Right Now?
Zurn Elkay Water Solutions Corp (NYSE: ZWS) has a price-to-earnings ratio that is above its average at 48.58x. The stock has a 36-month beta value of 1.16. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 0 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 143.47M, and at present, short sellers hold a 6.48% of that float. On October 17, 2024, the average trading volume of ZWS was 1.44M shares.
ZWS) stock’s latest price update
Zurn Elkay Water Solutions Corp (NYSE: ZWS)’s stock price has surge by 2.32relation to previous closing price of 36.66. Nevertheless, the company has seen a 3.33% surge in its stock price over the last five trading sessions. businesswire.com reported 2024-10-16 that MILWAUKEE–(BUSINESS WIRE)–Zurn Elkay Water Solutions Schedules Third Quarter 2024 Earnings Release and Investor Conference Call.
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 12.64% 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 able to rebound, for now settling with 0.35% of gains for the given period.
Volatility was left at 2.10%, however, over the last 30 days, the volatility rate increased by 2.14%, as shares surge +10.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.55% upper at present.
During the last 5 trading sessions, ZWS rose by +3.33%, which changed the moving average for the period of 200-days by +27.54% in comparison to the 20-day moving average, which settled at $35.86. In addition, Zurn Elkay Water Solutions Corp saw 27.54% 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 20,000 shares at the price of $37.55 back on Oct 16 ’24. After this action, JAHNKE TIMOTHY J now owns shares of Zurn Elkay Water Solutions Corp, valued at $751,094 using the latest closing price.
JAHNKE TIMOTHY J, the Director of Zurn Elkay Water Solutions Corp, sale 10,035 shares at $35.00 during a trade that took place back on Sep 19 ’24, which means that JAHNKE TIMOTHY J is holding 374,982 shares at $351,225 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 4.41. 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
To sum up, Zurn Elkay Water Solutions Corp (ZWS) has seen a better 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.
