Zurn Elkay Water Solutions Corp (NYSE: ZWS) is -9.81% lower on its value in year-to-date trading and has touched a low of $28.25 and a high of $41.15 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ZWS stock was last observed hovering at around $34.01 in the last trading session, with the day’s loss setting it -0.37%.
Currently trading at $33.64, the stock is -1.65% and -7.32% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.89 million and changing -1.09% at the moment leaves the stock -3.42% off its SMA200. ZWS registered 8.06% gain for a year compared to 6-month gain of -0.47%. The firm has a 50-day simple moving average (SMA 50) of $36.2972 and a 200-day simple moving average (SMA200) of $34.8322.
The stock witnessed a -5.66% loss in the last 1 month and extending the period to 3 months gives it a -15.01%, and is 3.89% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.91% over the week and 2.36% over the month.
Zurn Elkay Water Solutions Corp (ZWS) has around 2500 employees, a market worth around $5.72B and $1.57B in sales. Current P/E ratio is 36.56 and Fwd P/E is 22.42. Profit margin for the company is 10.23%. Distance from 52-week low is 19.08% and -18.25% from its 52-week high. The company has generated returns on investments over the last 12 months (7.54%).
The EPS is expected to grow by 4.92% this year
442.0 institutions hold shares in Zurn Elkay Water Solutions Corp (ZWS), with institutional investors hold 105.01% of the company’s shares. The shares outstanding are 170.31M, and float is at 150.56M with Short Float at 3.25%. Institutions hold 92.68% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 13.88 million shares valued at $408.09 million. The investor’s holdings represent 8.0108 of the ZWS Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 13.44 million shares valued at $395.21 million to account for 7.7579 of the shares outstanding. The other top investors are KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC which holds 13.14 million shares representing 7.6112 and valued at over $386.29 million, while IMPAX ASSET MANAGEMENT GROUP PLC holds 4.8978 of the shares totaling 8.45 million with a market value of $248.02 million.
Zurn Elkay Water Solutions Corp (ZWS) Insider Activity
The most recent transaction is an insider sale by Pauli David J, the company’s Chief Financial Officer. SEC filings show that Pauli David J sold 8,390 shares of the company’s common stock on Feb 14 ’25 at a price of $35.47 per share for a total of $0.3 million. Following the sale, the insider now owns 59410.0 shares.
Zurn Elkay Water Solutions Corp disclosed in a document filed with the SEC on Feb 14 ’25 that Schoon Jeffrey A (President) sold a total of 30,698 shares of the company’s common stock. The trade occurred on Feb 14 ’25 and was made at $35.47 per share for $1.09 million. Following the transaction, the insider now directly holds 48946.0 shares of the ZWS stock.
Still, SEC filings show that on Feb 13 ’25, Katz Aimee (Former 10% Owner) disposed off 8,912,500 shares at an average price of $33.60 for $299.46 million. The insider now directly holds 15,002,819 shares of Zurn Elkay Water Solutions Corp (ZWS).
