Zurn Elkay Water Solutions Corp (NYSE: ZWS) kicked off on Tuesday, down -2.07% from the previous trading day, before settling in for the closing price of $31.95. Over the past 52 weeks, ZWS has traded in a range of $21.84-$34.58.
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A company in the Industrials sector has jumped its sales by 0.20% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 20.75%. With a float of $144.28 million, this company’s outstanding shares have now reached $172.26 million.
In an organization with 2400 employees, it is important to assess its efficiency.
Zurn Elkay Water Solutions Corp (ZWS) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Pollution & Treatment Controls Industry. The insider ownership of Zurn Elkay Water Solutions Corp is 16.45%, while institutional ownership is 84.51%. The most recent insider transaction that took place on May 23 ’24, was worth 167,843. In this transaction 10% Owner of this company sold 5,232 shares at a rate of $32.08, taking the stock ownership to the 24,215,312 shares. Before that another transaction happened on May 23 ’24, when Company’s 10% Owner sold 5,232 for $32.08, making the entire transaction worth $167,843. This insider now owns 24,215,312 shares in total.
Zurn Elkay Water Solutions Corp (ZWS) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 3/31/2024, the organization reported 0.24 earnings per share (EPS), higher than consensus estimate (set at 0.22) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.31 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 20.75% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.28% during the next five years compared to 18.47% growth over the previous five years of trading.
Zurn Elkay Water Solutions Corp (NYSE: ZWS) Trading Performance Indicators
Take a look at Zurn Elkay Water Solutions Corp’s (ZWS) current performance indicators. Last quarter, stock had a quick ratio of 1.95. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.53. Likewise, its price to free cash flow for the trailing twelve months is 19.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.71, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 1.30 in one year’s time.
Technical Analysis of Zurn Elkay Water Solutions Corp (ZWS)
Let’s dig in a bit further. During the last 5-days, its volume was 0.74 million. That was inferior than the volume of 0.93 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 22.03%. Additionally, its Average True Range was 0.63.
During the past 100 days, Zurn Elkay Water Solutions Corp’s (ZWS) raw stochastic average was set at 53.20%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.78% in the past 14 days, which was lower than the 23.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $32.16, while its 200-day Moving Average is $29.91. However, in the short run, Zurn Elkay Water Solutions Corp’s stock first resistance to watch stands at $31.83. Second resistance stands at $32.37. The third major resistance level sits at $32.64. If the price goes on to break the first support level at $31.02, it is likely to go to the next support level at $30.75. Assuming the price breaks the second support level, the third support level stands at $30.21.
Zurn Elkay Water Solutions Corp (NYSE: ZWS) Key Stats
The company with the Market Capitalisation of 5.40 billion has total of 172,697K Shares Outstanding. Its annual sales at the moment are 1,531 M in contrast with the sum of 112,700 K annual income. Company’s last quarter sales were recorded 373,800 K and last quarter income was 34,300 K.
