In a report released today, Walter Liptak from Seaport Global maintained a Hold rating on Watts Water Technologies (WTS – Research Report). The company’s shares closed yesterday at $211.16.
According to TipRanks, Liptak is a 4-star analyst with an average return of 9.9% and a 60.66% success rate. Liptak covers the Industrials sector, focusing on stocks such as Chart Industries, Federal Signal, and Gibraltar Industries.
Watts Water Technologies has an analyst consensus of Hold, with a price target consensus of $203.00.
WTS market cap is currently $7.03B and has a P/E ratio of 26.21.
Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WTS in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Watts Water Technologies (WTS) Company Description:
Watts Water Technologies, Inc. engages in the manufacture and provision of products for water conservation, safety, and flow control. It operates through the following geographic segments: Americas, Europe, and Asia-Pacific, Middle East and Africa. Its services include plumbing and flow control solutions, water quality and conditioning, water reuse and drainage, heating, ventilation, and air conditioning, and municipal waterworks. The company was founded in 1985 and is headquartered in North Andover, MA.
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