Watts Water (WTS, $78.70) beats earnings& net sales estimates; wants to focus on innovation
Watts Water Technologies, Inc. reported its fourth quarter 2018 results, beating adjusted earnings and net sales expectations.
The water management product maker’s adjusted net income of 88 cents per share for the quarter was higher than Zacks Consensus Estimate of 87 cents a share. Total adjusted net income came in at $30.1 million, and exceeded year-ago quarter’s $25.4 million.
The company’s quarterly net sales increased +5.8% year over year to touch $387.6 million, which also edged past analysts’ estimate of $383 million.
Watts Water’s organic sales in the quarter surged +7% from the year-ago quarter, largely driven by growth in the Americas and Europe. Weakness in China, however, was a drag on organic sales from the Asia Pacific Middle East and Africa regional category.
The company reportedly intends to launch improved smart/connected product strategies in 2019.
WTS's Stochastic Oscillator is remaining in oversold zone for 3 days
The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WTS advanced for three days, in of 351 cases, the price rose further within the following month. The odds of a continued upward trend are .
WTS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 321 cases where WTS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for WTS moved out of overbought territory on February 19, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 49 similar instances where the indicator moved out of overbought territory. In of the 49 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on February 27, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on WTS as a result. In of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for WTS turned negative on February 25, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where WTS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 73, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. WTS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (5.040) is normal, around the industry mean (4.497). P/E Ratio (30.145) is within average values for comparable stocks, (49.590). Projected Growth (PEG Ratio) (3.261) is also within normal values, averaging (2.435). Dividend Yield (0.007) settles around the average of (0.023) among similar stocks. P/S Ratio (4.212) is also within normal values, averaging (54.775).
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General Information
a provider pf water quality, conservation, safety and flow control products
Industry IndustrialMachinery
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