At the time of writing, Zurn Elkay Water Solutions Corp [ZWS] stock is trading at $37.28, down -0.61%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ZWS shares have gain 3.70% over the last week, with a monthly amount glided 9.58%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Zurn Elkay Water Solutions Corp [NYSE: ZWS] stock has seen the most recent analyst activity on March 12, 2024, when Exane BNP Paribas initiated its Outperform rating and assigned the stock a price target of $40. Previously, Mizuho downgraded its rating to Neutral on February 09, 2024, and kept the price target unchanged to $34. On December 19, 2023, downgrade downgraded it’s rating to Hold but maintained its price target of $31 on the stock. KeyBanc Capital Markets downgraded its rating to a Sector Weight. Goldman downgraded its rating to a Neutral and reduced its price target to $29 on October 09, 2023. Deutsche Bank started tracking with a Buy rating for this stock on June 29, 2023, and assigned it a price target of $30. In a note dated December 20, 2022, Robert W. Baird downgraded an Neutral rating on this stock and revised its target price from $27 to $26.
For the past year, the stock price of Zurn Elkay Water Solutions Corp fluctuated between $25.09 and $38.11. Currently, Wall Street analysts expect the stock to reach $34.33 within the next 12 months. Zurn Elkay Water Solutions Corp [NYSE: ZWS] shares were valued at $37.28 at the most recent close of the market. An investor can expect a potential drop of -7.91% based on the average ZWS price forecast.
Analyzing the ZWS fundamentals
According to Zurn Elkay Water Solutions Corp [NYSE:ZWS], the company’s sales were 1.54B for trailing twelve months, which represents an 2.18% jump. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.08 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.3.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 37.05 points at the first support level, and at 36.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.64, and for the 2nd resistance point, it is at 37.99.
Ratios To Look Out For
It is important to note that Zurn Elkay Water Solutions Corp [NYSE:ZWS] has a current ratio of 2.83. In addition, the Quick Ratio stands at 1.75 and the Cash Ratio stands at 0.64. Considering the valuation of this stock, the price to sales ratio is 4.14, the price to book ratio is 4.00 and price to earnings (TTM) ratio is 48.28.
Transactions by insiders
Recent insider trading involved JAHNKE TIMOTHY J, Director, that happened on Oct 16 ’24 when 20000.0 shares were sold. Director, JAHNKE TIMOTHY J completed a deal on Oct 16 ’24 to buy 20000.0 shares. Meanwhile, Director JAHNKE TIMOTHY J sold 10035.0 shares on Sep 19 ’24.