A new trading day began on Tuesday, with Zurn Elkay Water Solutions Corp (NYSE: ZWS) stock price up 0.66% from the previous day of trading, before settling in for the closing price of $30.14. ZWS’s price has ranged from $25.09 to $34.58 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 0.20% over the past five years. Meanwhile, its annual earnings per share averaged 20.75%. With a float of $144.59 million, this company’s outstanding shares have now reached $172.26 million.
Let’s look at the performance matrix of the company that is accounted for 2400 employees.
Zurn Elkay Water Solutions Corp (ZWS) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Pollution & Treatment Controls Industry. The insider ownership of Zurn Elkay Water Solutions Corp is 16.27%, while institutional ownership is 84.52%. The most recent insider transaction that took place on May 24 ’24, was worth 1,484,160. In this transaction 10% Owner of this company sold 46,380 shares at a rate of $32.00, taking the stock ownership to the 24,168,932 shares. Before that another transaction happened on May 24 ’24, when Company’s 10% Owner sold 46,380 for $32.00, making the entire transaction worth $1,484,160. This insider now owns 24,168,932 shares in total.
Zurn Elkay Water Solutions Corp (ZWS) Latest Financial update
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
Here are Zurn Elkay Water Solutions Corp’s current performance indicators. According to the last quarter’s results, the 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 3.42. Likewise, its price to free cash flow for the trailing twelve months is 18.51.
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)
Zurn Elkay Water Solutions Corp (NYSE: ZWS) saw its 5-day average volume 0.76 million, a negative change from its year-to-date volume of 0.91 million. As of the previous 9 days, the stock’s Stochastic %D was 16.19%. Additionally, its Average True Range was 0.62.
During the past 100 days, Zurn Elkay Water Solutions Corp’s (ZWS) raw stochastic average was set at 33.02%, which indicates a significant increase from 17.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.04% in the past 14 days, which was lower than the 24.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.77, while its 200-day Moving Average is $29.99. Nevertheless, the first resistance level for the watch stands at $30.61 in the near term. At $30.89, the stock is likely to face the second major resistance level. The third major resistance level sits at $31.30. If the price goes on to break the first support level at $29.92, it is likely to go to the next support level at $29.51. The third support level lies at $29.23 if the price breaches the second support level.
Zurn Elkay Water Solutions Corp (NYSE: ZWS) Key Stats
With a market capitalization of 5.24 billion, the company has a total of 172,697K Shares Outstanding. Currently, annual sales are 1,531 M while annual income is 112,700 K. The company’s previous quarter sales were 373,800 K while its latest quarter income was 34,300 K.
