Zurn Elkay Water Solutions Corp (ZWS) 20 Days SMA touches 2.94%: The odds favor the bear

On Tuesday, Zurn Elkay Water Solutions Corp (NYSE: ZWS) was -0.43% drop from the session before settling in for the closing price of $39.18. A 52-week range for ZWS has been $27.55 – $40.64.

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Industrials Sector giant saw their annual sales surged by 0.20% over the last five years. When this article was written, the company’s average yearly earnings per share was at 27.71%. With a float of $142.12 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

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Zurn Elkay Water Solutions Corp stocks. The insider ownership of Zurn Elkay Water Solutions Corp is 16.26%, while institutional ownership is 92.49%. The most recent insider transaction that took place on Nov 07 ’24, was worth 6,558,463. In this transaction Chairman and CEO of this company sold 167,508 shares at a rate of $39.15, taking the stock ownership to the 2,272,347 shares. Before that another transaction happened on Nov 06 ’24, when Company’s Chairman and CEO sold 120,000 for $39.83, making the entire transaction worth $4,779,600. This insider now owns 2,242,867 shares in total.

Zurn Elkay Water Solutions Corp (ZWS) Earnings and Forecasts

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

You can see what Zurn Elkay Water Solutions Corp (ZWS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.26. Likewise, its price to free cash flow for the trailing twelve months is 24.52.

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)

Analysing the last 5-days average volume posted by the [Zurn Elkay Water Solutions Corp, ZWS], we can find that recorded value of 0.8 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 37.85%. Additionally, its Average True Range was 0.83.

During the past 100 days, Zurn Elkay Water Solutions Corp’s (ZWS) raw stochastic average was set at 86.84%, which indicates a significant increase from 65.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.96% in the past 14 days, which was lower than the 27.94% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $36.44, while its 200-day Moving Average is $32.66. Now, the first resistance to watch is $39.22. This is followed by the second major resistance level at $39.44. The third major resistance level sits at $39.72. If the price goes on to break the first support level at $38.72, it is likely to go to the next support level at $38.44. Should the price break the second support level, the third support level stands at $38.22.

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

There are 169,714K outstanding shares of the company, which has a market capitalization of 6.62 billion. As of now, sales total 1,531 M while income totals 112,700 K. Its latest quarter income was 410,000 K while its last quarter net income were 43,500 K.