Watts Water Technologies designs, manufactures, and sells water safety and flow control products in the Americas and Europe, Middle East and Africa, and Asia-Pacific. It offers residential and commercial flow control products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, and thermostatic mixing valves. The company was founded in 1874 and is based in North Andover, Massachusetts.
WTS Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for WTS, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Watts Water Technologies Inc ranked in the 47th percentile in terms of potential gain offered. The most interesting components of our discounted cash flow analysis for Watts Water Technologies Inc ended up being:
WTS's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 35.63% of tickers in our DCF set.
Watts Water Technologies Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 14.76. This coverage rate is greater than that of 83.24% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Relative to other stocks in its sector (Industrials), Watts Water Technologies Inc has a reliance on debt greater than only 21.63% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as WTS, try LHX, PXS, RRD, FSTR, and GNK.
Watts Water Technologies (WTS) declares $0.23/share quarterly dividend, in line with previous.Forward yield 1.08%Payable Sept. 15; for shareholders of record Sept. 1; ex-div Aug. 31.See WTS Dividend Scorecard, Yield Chart, & Dividend Growth....
NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies, Inc. (NYSE: WTS), will hold a live webcast of its conference call to discuss Second Quarter results for 2020 on Tuesday, August 4, 2020 at 9:00 a.m. Eastern Daylight Time. Watts Water Technologies, Inc. will announce its financial results for this period in a press release to be issued after market close on Monday, August 3, 2020. This call can be accessed by visiting the Investor Relations section of the Company's website at www.
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