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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
NYSE:ZWS

Zurn Elkay Water Solutions (ZWS) Stock Price, News & Analysis

$32.76
+0.45 (+1.39%)
(As of 03/27/2024 ET)
Today's Range
$32.33
$32.78
50-Day Range
$28.15
$33.25
52-Week Range
$19.83
$33.95
Volume
662,435 shs
Average Volume
720,748 shs
Market Capitalization
$5.67 billion
P/E Ratio
50.40
Dividend Yield
0.98%
Price Target
$32.25

Zurn Elkay Water Solutions MarketRank™ Stock Analysis

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
1.6% Downside
$32.25 Price Target
Short Interest
Bearish
4.08% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.16mentions of Zurn Elkay Water Solutions in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$8 M Sold Last Quarter
Proj. Earnings Growth
12.17%
From $1.15 to $1.29 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.63 out of 5 stars

Industrial Products Sector

137th out of 168 stocks

General Industrial Machinery & Equipment Industry

7th out of 9 stocks

ZWS stock logo

About Zurn Elkay Water Solutions Stock (NYSE:ZWS)

Zurn Elkay Water Solutions Corporation engages in design, procurement, manufacture, and marketing of water management solutions in the United States, Canada, and internationally. It offers water safety and control products, such as backflow preventers, fire system valves, pressure reducing valves, thermostatic mixing valves, PEX pipings, fittings, and installation tools under the Zurn and Wilkins brand names. The company also provides flow systems products comprising point drains, hydrants, fixture carrier systems, chemical drainage systems; and interceptors and separators, acid neutralization systems, and remote monitoring systems under the Zurn and Green Turtle brands. In addition, it develops, manufactures, and markets remote tank monitoring devices, alarms, software, and services. Further, the company offers sensor-operated flush valves under the AquaSense, Aquaflush, and AquaVantage brands; heavy-duty commercial faucets under the AquaSpec brand; water conserving fixtures under the EcoVantage and Zurn One brands; stainless steel products under the Just Manufacturing brand name, which include stainless steel sinks and plumbing fixtures, and various types of sinks, as well as drinking water dispensing and filtration products under the Elkay and Halsey Taylor brands. It distributes to institutional, commercial, waterworks, and residential end markets through independent sales representatives, plumbing wholesalers, and industry-specific distributors in the waterworks, foodservice, industrial, janitorial, sanitation, and sitework industries. The company was formerly known as Zurn Water Solutions Corporation and changed its name to Zurn Elkay Water Solutions Corporation in July 2022. Zurn Elkay Water Solutions Corporation was incorporated in 1892 and is headquartered in Milwaukee, Wisconsin.

ZWS Stock Price History

ZWS Stock News Headlines

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To protect our interests, The Pentagon has partnered with this small AI defense contractor - creating some of the most powerful AI defenses ever made.
POWL Aug 2024 260.000 call
POWL Dec 2024 160.000 call
The AI Defense Stock Set to Soar
To protect our interests, The Pentagon has partnered with this small AI defense contractor - creating some of the most powerful AI defenses ever made.
Zurn Elkay Water Recent Insider Activity
Recap: Zurn Elkay Water Q4 Earnings
Zurn Elkay Water Stock (NYSE:ZWS) Insider Trades
AZZ or ZWS: Which Is the Better Value Stock Right Now?
See More Headlines
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Company Calendar

Last Earnings
2/05/2024
Ex-Dividend for 3/7 Dividend
2/16/2024
Dividend Payable
3/07/2024
Today
3/27/2024
Next Earnings (Estimated)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
General industrial machinery & equipment
Sub-Industry
N/A
Employees
2,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$32.25
High Stock Price Target
$40.00
Low Stock Price Target
$29.00
Potential Upside/Downside
-1.6%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
8 Analysts

Profitability

Net Income
$112.70 million
Pretax Margin
9.59%

Debt

Sales & Book Value

Annual Sales
$1.53 billion
Cash Flow
$1.53 per share
Book Value
$9.27 per share

Miscellaneous

Free Float
166,836,000
Market Cap
$5.67 billion
Optionable
Optionable
Beta
1.21
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ZWS Stock Analysis - Frequently Asked Questions

Should I buy or sell Zurn Elkay Water Solutions stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zurn Elkay Water Solutions in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ZWS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ZWS, but not buy additional shares or sell existing shares.
View ZWS analyst ratings
or view top-rated stocks.

What is Zurn Elkay Water Solutions' stock price target for 2024?

8 brokerages have issued 12-month target prices for Zurn Elkay Water Solutions' stock. Their ZWS share price targets range from $29.00 to $40.00. On average, they predict the company's share price to reach $32.25 in the next twelve months. This suggests that the stock has a possible downside of 1.6%.
View analysts price targets for ZWS
or view top-rated stocks among Wall Street analysts.

How have ZWS shares performed in 2024?

Zurn Elkay Water Solutions' stock was trading at $29.41 on January 1st, 2024. Since then, ZWS shares have increased by 11.4% and is now trading at $32.76.
View the best growth stocks for 2024 here
.

When is Zurn Elkay Water Solutions' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our ZWS earnings forecast
.

How were Zurn Elkay Water Solutions' earnings last quarter?

Zurn Elkay Water Solutions Co. (NYSE:ZWS) released its quarterly earnings data on Monday, February, 5th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.03. The business had revenue of $356.80 million for the quarter, compared to the consensus estimate of $350.55 million. Zurn Elkay Water Solutions had a trailing twelve-month return on equity of 10.75% and a net margin of 7.36%. The business's quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.16 earnings per share.

How often does Zurn Elkay Water Solutions pay dividends? What is the dividend yield for Zurn Elkay Water Solutions?

Zurn Elkay Water Solutions declared a quarterly dividend on Thursday, February 1st. Investors of record on Tuesday, February 20th will be given a dividend of $0.08 per share on Thursday, March 7th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date of this dividend is Friday, February 16th.
Read our dividend analysis for ZWS
.

Is Zurn Elkay Water Solutions a good dividend stock?

Zurn Elkay Water Solutions (NYSE:ZWS) pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.99%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 49.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ZWS will have a dividend payout ratio of 24.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ZWS.

What ETFs hold Zurn Elkay Water Solutions' stock?

ETFs with the largest weight of Zurn Elkay Water Solutions (NYSE:ZWS) stock in their portfolio include Global X Clean Water ETF (AQWA), First Trust Water ETF (FIW), Invesco S&P Global Water Index ETF (CGW) and Invesco Water Resources ETF (PHO).Ecofin Global Water ESG Fund (EBLU).

Who are Zurn Elkay Water Solutions' major shareholders?

Zurn Elkay Water Solutions' stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.99%), Vanguard Group Inc. (7.99%), Impax Asset Management Group plc (5.87%), Wellington Management Group LLP (4.00%), Brown Advisory Inc. (1.62%) and Wells Fargo & Company MN (1.34%). Insiders that own company stock include Chirag Dua, Craig Wehr, Jacques Donavon Butler, Jeffrey A Schoon, Mark W Peterson, Michael Troutman, Patricia M Whaley, Rodney Jackson, Sudhanshu Chhabra, Thomas Christopoul, Timothy J Jahnke and Todd A Adams.
View institutional ownership trends
.

How do I buy shares of Zurn Elkay Water Solutions?

Shares of ZWS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ZWS) was last updated on 3/28/2024 by MarketBeat.com Staff

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