Zurn Elkay Water Solutions Corp (ZWS) is gearing up for another turning point as it hit the volume of 1.4 million

On Tuesday, Zurn Elkay Water Solutions Corp (NYSE: ZWS) opened lower -0.39% from the last session, before settling in for the closing price of $36.06. Price fluctuations for ZWS have ranged from $25.54 to $38.11 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Industrials Sector giant saw their annual sales surged by 0.20% over the last five years. Company’s average yearly earnings per share was noted 25.00% at the time writing. With a float of $143.47 million, this company’s outstanding shares have now reached $172.26 million.

The firm has a total of 2400 workers. Let’s measure their productivity. In terms of profitability, gross margin is 41.4%, operating margin of 15.56%, and the pretax margin is 11.28%.

Zurn Elkay Water Solutions Corp (ZWS) Insider Activity

A key investor’s attitude towards the stock of the Pollution & Treatment Controls industry is another important factor to consider. The insider ownership of Zurn Elkay Water Solutions Corp is 16.06%, while institutional ownership is 84.04%. The most recent insider transaction that took place on Oct 16 ’24, was worth 751,800. In this transaction Director of this company sold 20,000 shares at a rate of $37.59, taking the stock ownership to the 345,017 shares. Before that another transaction happened on Oct 16 ’24, when Company’s Director proposed sale 20,000 for $37.55, making the entire transaction worth $751,094.

Zurn Elkay Water Solutions Corp (ZWS) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.29 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.27) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.27 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 25.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.32% 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

Check out the current performance indicators for Zurn Elkay Water Solutions Corp (ZWS). In the past quarter, the stock posted a quick ratio of 1.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.98. Likewise, its price to free cash flow for the trailing twelve months is 21.78.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.77, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 1.32 in one year’s time.

Technical Analysis of Zurn Elkay Water Solutions Corp (ZWS)

Analysing the last 5-days average volume posted by the [Zurn Elkay Water Solutions Corp, ZWS], we can find that recorded value of 1.01 million was lower than the volume posted last year of 1.12 million. As of the previous 9 days, the stock’s Stochastic %D was 11.03%. Additionally, its Average True Range was 0.73.

During the past 100 days, Zurn Elkay Water Solutions Corp’s (ZWS) raw stochastic average was set at 77.79%, which indicates a significant increase from 19.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.83% in the past 14 days, which was lower than the 27.15% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $34.37, while its 200-day Moving Average is $31.99. Now, the first resistance to watch is $36.17. This is followed by the second major resistance level at $36.43. The third major resistance level sits at $36.82. If the price goes on to break the first support level at $35.52, it is likely to go to the next support level at $35.13. Should the price break the second support level, the third support level stands at $34.87.

Zurn Elkay Water Solutions Corp (NYSE: ZWS) Key Stats

There are currently 170,928K shares outstanding in the company with a market cap of 6.14 billion. Presently, the company’s annual sales total 1,531 M according to its annual income of 112,700 K. Last quarter, the company’s sales amounted to 412,000 K and its income totaled 46,000 K.