Last $61.50 USD
Change Today -0.14 / -0.23%
Volume 123.5K
WTS On Other Exchanges
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As of 8:04 PM 08/26/14 All times are local (Market data is delayed by at least 15 minutes).

watts water technologies-a (WTS) Snapshot

Open
$61.70
Previous Close
$61.64
Day High
$62.00
Day Low
$61.14
52 Week High
12/27/13 - $62.66
52 Week Low
09/3/13 - $51.22
Market Cap
2.2B
Average Volume 10 Days
120.6K
EPS TTM
$2.33
Shares Outstanding
28.6M
EX-Date
08/14/14
P/E TM
26.4x
Dividend
$0.60
Dividend Yield
0.91%
Current Stock Chart for WATTS WATER TECHNOLOGIES-A (WTS)

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watts water technologies-a (WTS) Details

Watts Water Technologies, Inc. designs, manufactures, and sells various water safety and flow control products for the water quality, water conservation, water safety, and water flow control markets in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers residential and commercial flow control products, which include backflow preventers, water pressure regulators, temperature and pressure relief valves, and thermostatic mixing valves for plumbing and hot water applications. It also provides heating, ventilation, and air conditioning, as well as gas products comprising hydronic and electric heating systems for under-floor radiant applications; hydronic pump groups for boiler manufacturers and alternative energy control packages; and flexible stainless steel connectors for natural and liquid propane gas in commercial food service and residential applications. In addition, the company offers drains and water re-use products, such as drainage products and engineered rain water harvesting solutions for commercial, industrial, marine and residential applications; and water quality products, which include point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems for commercial and residential applications. The company sells its products to plumbing, heating, and mechanical wholesale distributors, as well as to do-it-yourself (DIY) chains through manufacturer’s representatives. Watts Water Technologies, Inc. also sells its products to residential construction, and home repair and remodeling industries through DIY plumbing retailers, national catalog distribution companies, hardware stores, building material outlets, retail home center chains, and plumbing and heating wholesalers; and directly to wholesalers, original equipment manufacturers, and private label accounts. The company was founded in 1874 and is headquartered in North Andover, Massachusetts.

5,900 Employees
Last Reported Date: 02/27/14
Founded in 1874

watts water technologies-a (WTS) Top Compensated Officers

Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $395.0K
President of Asia Pacific
Total Annual Compensation: $333.0K
President of EMEA and Group Managing Director...
Total Annual Compensation: $319.3K
Executive Vice President of Human Resources, ...
Total Annual Compensation: $312.0K
Compensation as of Fiscal Year 2013.

watts water technologies-a (WTS) Key Developments

Watts Water Technologies Mulls Acquisitions

Watts Water Technologies, Inc. (NYSE:WTS) is seeking acquisitions. Bob Pagano, said, "We continue to look and evaluate our pipeline. We continue to expand. I do believe that acquisitions do fit in our longer-term strategy here. So we are continuing to evaluate and look at some."

Watts Water Technologies, Inc. Declares Quarterly Dividend, Payable on August 29, 2014

Watts Water Technologies, Inc. declared a quarterly dividend of $0.15 per share on each outstanding share of the company's Class A Common Stock and Class B Common Stock. The dividend is to be paid on August 29, 2014 to stockholders of record at the close of business on August 18, 2014.

Watts Water Technologies, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 29, 2014

Watts Water Technologies, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 29, 2014. For the quarter, the company reported net income of $21.3 million or $0.60 per basic and diluted share on net sales of $396.0 million against net income of $18.9 million or $0.53 per basic and diluted share on net sales of $366.8 million a year ago. Operating income was $36.6 million compared to $35.6 million a year ago. Income from continuing operations before income taxes was $32.0 million compared to $28.9 million a year ago. Net income from continuing operations was $21.3 million compared to $18.9 million a year ago. On adjusted basis, operating income was $40.8 million, net income from continuing operations was $24.3 million and earnings of $0.69 per diluted share against operating income was $37.6 million, net income from continuing operations was $20.4 million and earnings of $0.57 per diluted share a year ago. For the six months, the company reported net income of $35.4 million or $1.00 per basic and diluted share on net sales of $761.2 million against net income of $35.0 million or $0.99 per basic share and $0.98 per diluted share on net sales of $725.7 million a year ago. Operating income was $62.4 million compared to $64.2 million a year ago. Income from continuing operations before income taxes was $52.6 million compared to $51.6 million a year ago. Net income from continuing operations was $35.4 million compared to $35.2 million a year ago. Net cash provided by continuing operations was $18.4 million compared to $21.8 million a year ago. Additions to property, plant and equipment was $10.6 million compared to $18.0 million a year ago. On adjusted basis, operating income was $74.3 million, net income from continuing operations was $43.6 million and earnings of $1.24 per diluted share against operating income was $68.4 million, net income from continuing operations was $38.2 million and earnings of $1.07 per diluted share a year ago. Net debt as at June 29, 2014 was $62.3 million. Free cash flow was $8.0 million compared to $5.2 million a year ago, the increase was primarily driven by reduced capital spending related to the company's 2013 investment in its lead free foundry.

 

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WTS

Industry Average

Valuation WTS Industry Range
Price/Earnings 35.8x
Price/Sales 1.4x
Price/Book 2.1x
Price/Cash Flow 36.6x
TEV/Sales 1.1x
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