Analysts predict Watts Water Technologies' growth to outpace its past 5-year annual growth of 6.7%, with a projected 10.0% annual growth by 2024. The business is anticipated to outperform the broader industry, with no significant change in sentiment.
Insiders selling shares below current price may imply they consider a lower price reasonable. High insider ownership could indicate management's mindfulness of shareholder interests. Lack of insider purchases over the last year could be concerning.
The EPS growth rate mirrors the annualized share price gain of 20% per year, implying the share price is responding to the EPS. Despite a recent dip, the company's five-year returns remain positive, reflecting a generally positive market reception.
The significant EPS growth and the high level of insider ownership suggest confidence among company management in the business's continued strength. The company’s financial prospects warrant further investigation to understand its true value.