The closing price of Evoqua Water Technologies Corp. (NYSE: AQUA) was $48.33 for the day, up 2.22% from the previous closing price of $47.28. In other words, the price has increased by $+1.05 from its previous closing price. On the day, 5436878 shares were traded. AQUA stock price reached its highest trading level at $48.92 during the session, while it also had its lowest trading level at $47.02.
Our analysis of AQUA’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 43.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 58.08. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 1.70. In the meantime, Its Debt-to-Equity ratio is 1.30 whereas as Long-Term Debt/Eq ratio is at 1.25.
Upgrades & Downgrades
On January 20, 2022, Oppenheimer Upgraded its rating to Outperform which previously was Perform but kept the price unchanged to $45.
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 20 when Bhambri Nick sold 87,641 shares for $45.08 per share. The transaction valued at 3,950,900 led to the insider holds 23,765 shares of the business.
Bhambri Nick sold 37,359 shares of AQUA for $1,681,402 on Apr 19. The Director now owns 23,765 shares after completing the transaction at $45.01 per share. On Mar 16, another insider, Fages Herve, who serves as the Executive Vice President of the company, sold 20,438 shares for $45.00 each. As a result, the insider received 919,765 and left with 41,315 shares of the company.
As of this moment, Evoqua’s Price-to-Earnings (P/E) ratio for their current fiscal year is 83.62, and their Forward P/E ratio for the next fiscal year is 43.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.32 while its Price-to-Book (P/B) ratio in mrq is 8.28.
Stock Price History:
Over the past 52 weeks, AQUA has reached a high of $48.05, while it has fallen to a 52-week low of $30.44. The 50-Day Moving Average of the stock is 41.70, while the 200-Day Moving Average is calculated to be 37.99.
AQUA traded an average of 888.33K shares per day over the past three months and 2.3M shares per day over the past ten days. A total of 121.64M shares are outstanding, with a floating share count of 120.44M. Shares short for AQUA as of Oct 13, 2022 were 2.6M with a Short Ratio of 1.83M, compared to 2.11M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 2.14% and a Short% of Float of 2.42%.
The firm’s stock currently is rated by 12 analysts. On average, analysts expect EPS of $0.32 for the current quarter, with a high estimate of $0.35 and a low estimate of $0.29, while EPS last year was $0.32. The consensus estimate for the next quarter is $0.17, with high estimates of $0.21 and low estimates of $0.14.
Analysts are recommending an EPS of between $0.89 and $0.84 for the fiscal current year, implying an average EPS of $0.85. EPS for the following year is $1.01, with 12 analysts recommending between $1.16 and $0.89.
It is expected that $90B in revenue will be generated in the current quarter, according to 11 analysts. It ranges from a high estimate of $483.1M to a low estimate of $454M. As of the current estimate, Evoqua Water Technologies Corp.’s year-ago sales were $425.99M, an estimated increase of 9.70% from the year-ago figure.
A total of 12 analysts have provided revenue estimates for AQUA’s current fiscal year. The highest revenue estimate was $1.71B, while the lowest revenue estimate was $1.69B, resulting in an average revenue estimate of $1.7B. In the same quarter a year ago, actual revenue was $1.46B, up 16.00% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $1.8B in the next fiscal year. The high estimate is $1.84B and the low estimate is $1.76B. The average revenue growth estimate for next year is up 6.20% from the average revenue estimate for this year.