Zurn Elkay Water Solutions Cor (ZWS) Hit a 52 Week High, Can the Run Continue?

Zacks2024-11-06

Have you been paying attention to shares of Zurn Water (ZWS)? Shares have been on the move with the stock up 6.8% over the past month. The stock hit a new 52-week high of $38.8 in the previous session...

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The stock hit a new 52-week high of $38.8 in the previous session...</p>\n\n<a href=\"https://finance.yahoo.com/news/zurn-elkay-water-solutions-cor-141509051.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Zurn Elkay Water Solutions Cor (ZWS) Hit a 52 Week High, Can the Run Continue?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nZurn Elkay Water Solutions Cor (ZWS) Hit a 52 Week High, Can the Run Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-06 22:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/zurn-elkay-water-solutions-cor-141509051.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Have you been paying attention to shares of Zurn Water (ZWS)? Shares have been on the move with the stock up 6.8% over the past month. The stock hit a new 52-week high of $38.8 in the previous session...</p>\n\n<a href=\"https://finance.yahoo.com/news/zurn-elkay-water-solutions-cor-141509051.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1064131342.USD","symbol_name":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","start_time":0,"source_url":"https://finance.yahoo.com/news/zurn-elkay-water-solutions-cor-141509051.html","article_id":"2481698055","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/64vRzkiY9LXGPrpW4r2GRQ--~B/aD00Njc7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/b95cfdd8768bc3c4620e666dbcb0b248"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481698055","pubTimestamp":1730902509,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Have you been paying attention to shares of Zurn Water ?Shares have been on the move with the stock up 6.8% over the past month. The stock hit a new 52-week high of $38.8 in the previous session. Zurn Water has gained 30.8% since the start of the year compared to the 11.7% move for the Zacks Industrial Products sector and the 13.5% return for the Zacks Manufacturing - Electronics industry.The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on October 29, 2024, Zurn Water reported EPS of $0.34 versus consensus estimate of $0.32.For the current fiscal year, Zurn Water is expected to post earnings of $1.24 per share on $1.56 billion in revenues. This represents a 27.84% change in EPS on a 2.09% change in revenues. For the next fiscal year, the company is expected to earn $1.35 per share on $1.62 billion in revenues. This represents a year-over-year change of 8.9","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","BK4588":"碎股","BK4086":"建筑产品","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","BK4096":"电气部件与设备","IE00B3CCJ633.GBP":"GUINNESS SUSTAINABLE ENERGY \"C\" (GBP) ACC","IE00B2PGVK34.USD":"GUINNESS SUSTAINABLE ENERGY \"C\" (USD) ACC","IE00BGHQF417.EUR":"GUINNESS SUSTAINABLE ENERGY \"C\" (EUR) ACC","ETN":"伊顿","ZWS":"Zurn Water Solutions","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","BK4585":"ETF&股票定投概念","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC","LU1861214812.USD":"Blackrock Future of Transport A2 USD","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1861219969.SGD":"Blackrock Future of Transport A2 SGD-H"},"translate_title":"Zurn Elkay Water Solutions Cor(ZWS)创52周新高，涨势能否继续？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ZWS":1,"ETN":0.9},"content_text":"Have you been paying attention to shares of Zurn Water (ZWS)? Shares have been on the move with the stock up 6.8% over the past month. The stock hit a new 52-week high of $38.8 in the previous session. Zurn Water has gained 30.8% since the start of the year compared to the 11.7% move for the Zacks Industrial Products sector and the 13.5% return for the Zacks Manufacturing - Electronics industry.\nWhat's Driving the Outperformance?\nThe stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on October 29, 2024, Zurn Water reported EPS of $0.34 versus consensus estimate of $0.32.\nFor the current fiscal year, Zurn Water is expected to post earnings of $1.24 per share on $1.56 billion in revenues. This represents a 27.84% change in EPS on a 2.09% change in revenues. For the next fiscal year, the company is expected to earn $1.35 per share on $1.62 billion in revenues. This represents a year-over-year change of 8.9% and 3.77%, respectively.\nValuation Metrics\nZurn Water may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.\nOn this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.\nZurn Water has a Value Score of C. The stock's Growth and Momentum Scores are A and B, respectively, giving the company a VGM Score of A.\nIn terms of its value breakdown, the stock currently trades at 31X current fiscal year EPS estimates, which is a premium to the peer industry average of 24.5X. On a trailing cash flow basis, the stock currently trades at 25.6X versus its peer group's average of 23.1X. Additionally, the stock has a PEG ratio of 1.95. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.\nZacks Rank\nWe also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, Zurn Water currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.\nSince we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Zurn Water passes the test. Thus, it seems as though Zurn Water shares could have a bit more room to run in the near term.\nHow Does ZWS Stack Up to the Competition?\nShares of ZWS have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Eaton Corporation, PLC (ETN). ETN has a Zacks Rank of # 2 (Buy) and a Value Score of C, a Growth Score of C, and a Momentum Score of B.\nEarnings were strong last quarter. Eaton Corporation, PLC beat our consensus estimate by 1.43%, and for the current fiscal year, ETN is expected to post earnings of $12.10 per share on revenue of $25.06 billion.\nShares of Eaton Corporation, PLC have gained 0.6% over the past month, and currently trade at a forward P/E of 31.3X and a P/CF of 29.4X.\nThe Manufacturing - Electronics industry may rank in the bottom 66% of all the industries we have in our universe, but there still looks like there are some nice tailwinds for ZWS and ETN, even beyond their own solid fundamental situation.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nZurn Elkay Water Solutions Cor (ZWS) : Free Stock Analysis Report\nEaton Corporation, PLC (ETN) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481698055"}