
WTS Stock Forecast & Price Target
WTS Analyst Ratings
Bulls say
Watts Water Technologies, Inc. reported a significant sales increase of 9% year-over-year, reaching $548 million, which exceeds expectations and suggests a potential revenue range of $2.24 to $2.36 billion for the full year. Strong growth was evidenced in core product categories such as valves, boilers, and water heaters, along with notable contributions from Bradley and Josam, generating approximately $65 million in sales. The company is anticipated to outpace market growth driven by its connected solutions strategy, alongside ongoing operational excellence initiatives expected to enhance margins further.
Bears say
Watts Water Technologies Inc. is facing a challenging financial outlook characterized by declining operating margins, which are expected to drop by 30-90 basis points due to acquisition dilution and other growth investments. Revenue from Europe showed a concerning trend, with significant decreases both year-over-year and on an organic basis, underscoring weak demand in that region. The company's overall financial performance is hindered by muted earnings growth expectations and a complex demand environment, leading to a cautious stance on future profitability.
This aggregate rating is based on analysts' research of Watts Water Technologies and is not a guaranteed prediction by Public.com or investment advice.
WTS Analyst Forecast & Price Prediction
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