Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The price of Zurn Elkay Water Solutions Corp (NYSE: ZWS) closed at $36.88 in the last session, down -2.92% from day before closing price of $37.99. In other words, the price has decreased by -$2.92 from its previous closing price. On the day, 0.94 million shares were traded. ZWS stock price reached its highest trading level at $37.96 during the session, while it also had its lowest trading level at $36.6501.
Ratios:
We take a closer look at ZWS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 31.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.04. For the most recent quarter (mrq), Quick Ratio is recorded 1.81 and its Current Ratio is at 2.91. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.34.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Exane BNP Paribas on March 12, 2024, initiated with a Outperform rating and assigned the stock a target price of $40.
On February 09, 2024, Mizuho Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $34.
Stifel Downgraded its Buy to Hold on December 19, 2023, while the target price for the stock was maintained at $31.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 07 ’24 when ADAMS TODD A. sold 167,508 shares for $39.15 per share. The transaction valued at 6,558,463 led to the insider holds 2,272,347 shares of the business.
ADAMS TODD A. sold 120,000 shares of ZWS for $4,779,600 on Nov 06 ’24. The Chairman and CEO now owns 2,242,867 shares after completing the transaction at $39.83 per share. On Nov 07 ’24, another insider, PETERSON MARK W, who serves as the Chief Administrative Officer of the company, sold 22,203 shares for $39.15 each. As a result, the insider received 869,247 and left with 383,910 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZWS now has a Market Capitalization of 6271665664 and an Enterprise Value of 7054824448. As of this moment, Zurn’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.08, and their Forward P/E ratio for the next fiscal year is 24.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.00 while its Price-to-Book (P/B) ratio in mrq is 3.96. Its current Enterprise Value per Revenue stands at 4.544 whereas that against EBITDA is 20.934.
Stock Price History:
The Beta on a monthly basis for ZWS is 1.16, which has changed by 0.19842267 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, ZWS has reached a high of $41.15, while it has fallen to a 52-week low of $28.25. The 50-Day Moving Average of the stock is -4.30%, while the 200-Day Moving Average is calculated to be 6.91%.
Shares Statistics:
According to the various share statistics, ZWS traded on average about 868.54K shares per day over the past 3-months and 970020 shares per day over the past 10 days. A total of 170.31M shares are outstanding, with a floating share count of 139.96M. Insiders hold about 17.53% of the company’s shares, while institutions hold 89.23% stake in the company. Shares short for ZWS as of 1736899200 were 6858597 with a Short Ratio of 7.90, compared to 1734048000 on 7410543. Therefore, it implies a Short% of Shares Outstanding of 6858597 and a Short% of Float of 4.8600003.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.81.
