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Upturn stock ratingUpturn stock rating
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Watts Water Technologies Inc (WTS)

Upturn stock ratingUpturn stock rating
$209.34
Delayed price
Profit since last BUY-5.11%
upturn advisory
WEAK BUY
BUY since 31 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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  • WEEK

Upturn Advisory Summary

03/27/2025: WTS (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -26.14%
Avg. Invested days 33
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 03/27/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 6.25B USD
Price to earnings Ratio 21.55
1Y Target Price 217
Price to earnings Ratio 21.55
1Y Target Price 217
Volume (30-day avg) 198518
Beta 0.95
52 Weeks Range 174.28 - 232.13
Updated Date 04/6/2025
52 Weeks Range 174.28 - 232.13
Updated Date 04/6/2025
Dividends yield (FY) 0.92%
Basic EPS (TTM) 8.7

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 12.93%
Operating Margin (TTM) 15.86%

Management Effectiveness

Return on Assets (TTM) 10.56%
Return on Equity (TTM) 18.08%

Valuation

Trailing PE 21.55
Forward PE 20.49
Enterprise Value 6062131107
Price to Sales(TTM) 2.78
Enterprise Value 6062131107
Price to Sales(TTM) 2.78
Enterprise Value to Revenue 2.69
Enterprise Value to EBITDA 13.32
Shares Outstanding 27394400
Shares Floating 26998550
Shares Outstanding 27394400
Shares Floating 26998550
Percent Insiders 1.02
Percent Institutions 100.48

Analyst Ratings

Rating 3.22
Target Price 210.33
Buy -
Strong Buy 1
Buy -
Strong Buy 1
Hold 8
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Watts Water Technologies Inc

stock logo

Company Overview

overview logo History and Background

Watts Water Technologies was founded in 1874 as Watts Regulator Company. It initially focused on manufacturing pressure-reducing valves and evolved over time through organic growth and strategic acquisitions into a diversified water solutions provider.

business area logo Core Business Areas

  • Americas: Develops, manufactures, and sells products that control the flow, quality, safety, and conservation of water. Products are focused on plumbing, HVAC, drainage, and water quality applications.
  • Europe, Middle East, and Africa (EMEA): Offers a range of water technologies, including plumbing and heating solutions, water quality systems, and drainage products tailored to European standards and practices.
  • Asia-Pacific: Provides products and solutions similar to the Americas and EMEA segments, with a focus on addressing water-related challenges in the Asia-Pacific region, including water scarcity and infrastructure development.

leadership logo Leadership and Structure

Robert J. Pagano Jr. is the CEO and Chairperson. The company is structured with regional business units (Americas, EMEA, Asia-Pacific) and centralized functional departments.

Top Products and Market Share

overview logo Key Offerings

  • Backflow Preventers: Used to protect potable water supplies from contamination. Watts is a major player in this market, capturing an estimated 20-25% market share globally. Competitors include Zurn, Apollo Valves, and Ames Fire Protection.
  • Estimated Market Share (%): 25
  • Estimated Market Share (%): 15
  • Water Quality Systems: Including filtration, disinfection, and softening solutions for residential and commercial applications. Watts has a growing presence in this market with an estimated market share of 10-15%. Competitors include Pentair, Culligan, and Evoqua Water Technologies.
  • Estimated Market Share (%): 18
  • Heating and Hot Water Solutions: This includes mixing valves, heat tracing and other products for hot water systems and heating applications. Competitors include Danfoss, Honeywell and Caleffi.

Market Dynamics

industry overview logo Industry Overview

The water technology industry is driven by factors such as aging infrastructure, increasing water scarcity, growing regulatory requirements, and rising demand for energy-efficient water solutions. The market is competitive and fragmented.

Positioning

Watts Water Technologies is positioned as a leading provider of comprehensive water solutions, with a focus on innovation, quality, and customer service. It benefits from a strong brand reputation and a broad product portfolio.

Total Addressable Market (TAM)

The total addressable market is estimated to be over $80 billion globally. Watts Water Technologies is positioned to capture an increasing share of this TAM through strategic acquisitions and expansion into new markets.

Upturn SWOT Analysis

Strengths

  • Strong brand recognition
  • Diversified product portfolio
  • Global presence
  • Established distribution network
  • Focus on innovation

Weaknesses

  • Exposure to cyclical construction markets
  • Dependence on raw material prices
  • Integration risks associated with acquisitions
  • Geographic concentration of revenue in North America

Opportunities

  • Growing demand for water conservation technologies
  • Expansion into emerging markets
  • Increased infrastructure spending
  • Development of smart water solutions
  • Acquisitions of complementary businesses

Threats

  • Intense competition
  • Fluctuations in raw material costs
  • Changes in regulations
  • Economic downturns
  • Disruptive technologies

Competitors and Market Share

competitor logo Key Competitors

  • PNR
  • ITT
  • XYL

Competitive Landscape

Watts Water Technologies benefits from its broad product portfolio and global presence. However, it faces intense competition from larger, more diversified players such as Pentair and Xylem.

Major Acquisitions

A.R.I. Flow Control Accessories

  • Year: 2014
  • Acquisition Price (USD millions): 64
  • Strategic Rationale: A.R.I. extends Watts' water technology portfolio with air valve and surge protection solutions, enhancing its offerings for water and wastewater markets.

Growth Trajectory and Initiatives

Historical Growth: Watts Water Technologies has experienced steady growth in revenue and earnings over the past decade, driven by organic growth, strategic acquisitions, and expansion into new markets.

Future Projections: Analysts project continued growth in revenue and earnings over the next few years, supported by favorable industry trends and the company's strategic initiatives.

Recent Initiatives: Recent strategic initiatives include acquisitions of complementary businesses, investments in research and development, and expansion into new geographic markets.

Summary

Watts Water Technologies is a strong, well-established player in the water technology industry. Its diversified product portfolio, global presence, and commitment to innovation position it well for future growth. The company needs to manage raw material costs and integration risks effectively to maintain its competitive edge.

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Sources and Disclaimers

Data Sources:

  • Company Filings (10-K, 10-Q), Investor Presentations, Analyst Reports, Market Research Reports

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Market share percentages are estimates.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Watts Water Technologies Inc

Exchange NYSE
Headquaters North Andover, MA, United States
IPO Launch date 1986-08-01
CEO -
Sector Industrials
Industry Specialty Industrial Machinery
Full time employees 4800
Full time employees 4800

Watts Water Technologies, Inc., together with its subsidiaries, supplies systems, products and solutions that manage and conserve the flow of fluids and energy into, though, and out of buildings in the commercial, industrial, and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers residential and commercial flow control and protection products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, thermostatic mixing valves, leak detection and protection products, commercial washroom solutions, and emergency safety products and equipment for plumbing and hot water applications. It also provides heating, ventilation, and air conditioning and gas products comprising commercial boilers; water heaters and heating solutions; hydronic and electric heating systems for under-floor radiant applications; custom heat and hot water solutions; hydronic pump groups for boiler manufacturers and alternative energy control packages; and flexible stainless-steel connectors for natural and liquid propane gas in commercial food service and residential applications. In addition, the company offers drainage and water re-use products, such as drainage products, engineered rainwater harvesting solutions for commercial, industrial, marine, and residential applications; connected roof drain systems; and water quality products that include point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems for commercial, marine, and residential applications. It sells its products to plumbing, heating, and mechanical wholesale distributors and dealers; original equipment manufacturers; specialty product distributors; and do-it-yourself and retail chains, as well as wholesalers and private label accounts. Watts Water Technologies, Inc. was founded in 1874 and is headquartered in North Andover, Massachusetts.

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