(ZWS) Zurn Elkay Water Solutions - Ratings and Ratios

Zurn Elkay Water Solutions Corporation is a leading provider of water management solutions, offering a comprehensive portfolio of products that cater to various end-markets, including institutional, commercial, waterworks, and residential sectors. The companys product lineup encompasses water dispensing and filtration systems, water safety and control products, flow systems, and restroom fixtures, among others, marketed under renowned brand names such as Elkay, Halsey Taylor, Zurn, and Wilkins.

The companys diverse product offerings are designed to address the growing demand for water conservation and efficient water management solutions. With a strong presence in the United States, Canada, and international markets, Zurn Elkay Water Solutions Corporation leverages its extensive distribution network, comprising independent sales representatives, plumbing wholesalers, and industry-specific distributors, to reach its target customers.

From a technical analysis perspective, ZWSs stock price is currently trading at $36.52, with a 20-day simple moving average (SMA) of $36.46, indicating a potential bullish trend. The 50-day SMA stands at $33.80, while the 200-day SMA is at $35.57, suggesting a longer-term uptrend. With an average true range (ATR) of 0.75, representing a 2.06% daily price movement, the stock has demonstrated relatively stable price action.

Fundamentally, Zurn Elkay Water Solutions Corporation boasts a market capitalization of $6.089 billion, with a price-to-earnings (P/E) ratio of 37.70 and a forward P/E of 24.63. The companys return on equity (RoE) stands at 10.74%, indicating a decent level of profitability. Given the current valuation multiples and the companys financial performance, it is likely that ZWS will continue to attract investors seeking exposure to the building products sector.

Forecasting future performance, we can anticipate that ZWSs stock price will continue to be influenced by its ability to deliver strong earnings growth, driven by increasing demand for its water management solutions. Based on the current technical and fundamental data, a potential price target for ZWS could be around $42-$45, representing a 15%-20% upside from current levels. This forecast is contingent upon the companys ability to maintain its momentum in the building products sector and navigate any potential market fluctuations.