Zurn Elkay Water Solutions Corp (NYSE: ZWS) on Tuesday, soared 3.58% from the previous trading day, before settling in for the closing price of $37.15. Within the past 52 weeks, ZWS’s price has moved between $27.55 and $38.11.
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Annual sales at Industrials sector company grew by 0.20% over the past five years. The company achieved an average annual earnings per share of 27.71%. With a float of $142.45 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. 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 and Institutional Ownership
Observing investor behavior towards Pollution & Treatment Controls industry stocks is more important than anything else. The insider ownership of Zurn Elkay Water Solutions Corp is 16.06%, while institutional ownership is 86.75%. The most recent insider transaction that took place on Nov 04 ’24, was worth 1,486,552. Before that another transaction happened on Oct 31 ’24, when Company’s Chief Information Officer sold 100,851 for $36.34, making the entire transaction worth $3,664,455. This insider now owns 42,927 shares in total.
Zurn Elkay Water Solutions Corp (ZWS) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 27.71% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.89% 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
Zurn Elkay Water Solutions Corp (ZWS) is currently performing well based on its current performance indicators. A quick ratio of 1.71 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.21. Likewise, its price to free cash flow for the trailing twelve months is 24.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.79, a number that is poised to hit 0.28 in the next quarter and is forecasted to reach 1.34 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 1.22 million, a positive change from its year-to-date volume of 1.12 million. As of the previous 9 days, the stock’s Stochastic %D was 88.46%. Additionally, its Average True Range was 0.88.
During the past 100 days, Zurn Elkay Water Solutions Corp’s (ZWS) raw stochastic average was set at 96.97%, which indicates a significant increase from 90.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.30% in the past 14 days, which was lower than the 27.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.89, while its 200-day Moving Average is $32.20. Nevertheless, the first resistance level for the watch stands at $39.18 in the near term. At $39.88, the stock is likely to face the second major resistance level. The third major resistance level sits at $40.96. If the price goes on to break the first support level at $37.40, it is likely to go to the next support level at $36.32. The third support level lies at $35.62 if the price breaches the second support level.
Zurn Elkay Water Solutions Corp (NYSE: ZWS) Key Stats
Market capitalization of the company is 6.53 billion based on 169,714K outstanding shares. Right now, sales total 1,531 M and income totals 112,700 K. The company made 410,000 K in profit during its latest quarter, and 43,500 K in sales during its previous quarter.
