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As of close of business last night, Zurn Elkay Water Solutions Corp’s stock clocked out at $31.88, down -0.75% from its previous closing price of $32.12. In other words, the price has decreased by -$0.75 from its previous closing price. On the day, 1.67 million shares were traded. ZWS stock price reached its highest trading level at $32.03 during the session, while it also had its lowest trading level at $31.19.
Ratios:
To gain a deeper understanding of ZWS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 35.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.45. For the most recent quarter (mrq), Quick Ratio is recorded 1.95 and its Current Ratio is at 3.31. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.33.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 23 ’24 when Jalazo April sold 236,728 shares for $32.44 per share. The transaction valued at 7,679,456 led to the insider holds 24,268,932 shares of the business.
Ice Mountain LLC sold 236,728 shares of ZWS for $7,679,456 on Apr 23 ’24. The 10% Owner now owns 24,268,932 shares after completing the transaction at $32.44 per share. On Apr 23 ’24, another insider, Katz Aimee, who serves as the 10% Owner of the company, sold 236,728 shares for $32.44 each. As a result, the insider received 7,679,456 and left with 24,268,932 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 5547023872 and an Enterprise Value of 5888775168. As of this moment, Zurn’s Price-to-Earnings (P/E) ratio for their current fiscal year is 45.19, 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 3.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.59 while its Price-to-Book (P/B) ratio in mrq is 3.41. Its current Enterprise Value per Revenue stands at 3.843 whereas that against EBITDA is 18.647.
Stock Price History:
Over the past 52 weeks, ZWS has reached a high of $34.58, while it has fallen to a 52-week low of $20.06. The 50-Day Moving Average of the stock is -0.07%, while the 200-Day Moving Average is calculated to be 7.91%.
Shares Statistics:
It appears that ZWS traded 1.00M shares on average per day over the past three months and 1173410 shares per day over the past ten days. A total of 172.26M shares are outstanding, with a floating share count of 143.86M. Insiders hold about 16.70% of the company’s shares, while institutions hold 84.40% stake in the company. Shares short for ZWS as of 1713139200 were 5105034 with a Short Ratio of 5.08, compared to 1710460800 on 5819707. Therefore, it implies a Short% of Shares Outstanding of 5105034 and a Short% of Float of 3.54.
Dividends & Splits
With its trailing 12-month dividend rate of 0.3, ZWS has a forward annual dividend rate of 0.30. Against a Trailing Annual Dividend Yield of 0.009339976
