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Watts Water Technologies Inc . (NYSE:WTS) stock reached an all-time high of 260.98 USD, marking a significant milestone for the company. With a market capitalization of $8.69 billion and annual revenue of $2.24 billion, the company demonstrates substantial market presence. According to InvestingPro analysis, the stock appears to be trading above its Fair Value. Over the past year, the stock has experienced a notable increase, with a 1-year change of 25.28%. This growth reflects strong investor confidence and positive market sentiment surrounding the company’s performance and future prospects. The company maintains a strong financial position with a GREAT overall health score and has maintained dividend payments for 40 consecutive years. The all-time high achievement underscores Watts Water Technologies’ solid standing in the market, as it continues to innovate and expand its influence in the water technologies sector. For deeper insights and 13 additional ProTips about WTS, check out the comprehensive research report available on InvestingPro.
In other recent news, Watts Water Technologies reported its Q1 2025 earnings, which exceeded analysts’ expectations. The company achieved an adjusted earnings per share of $2.37, surpassing the anticipated $2.12, while its revenue reached $558 million, slightly above the forecasted $547 million. In addition to its financial performance, Watts Water Technologies announced the appointment of Ryan Lada as the new chief financial officer, effective July 28, following the retirement of current CFO Shashank Patel. Shareholders at the company’s annual meeting approved all proposals, including the re-election of nine directors and the advisory approval of executive compensation. Analyst firms have also adjusted their price targets for Watts Water, with TD Cowen raising its target to $225 and maintaining a Hold rating. Stifel increased its target to $275, citing a positive outlook on the company’s digital strategy and maintaining a Buy rating. These developments reflect the company’s strategic and financial advancements as it moves forward in 2025.
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