Watts Water Technologies (WTS)
NYSEIndustrialsIndustrial - MachinerySnapshot 2026-11-05
$347.46-1.65%
Close 2026-11-05 · 1-day change
NYSEIndustrialsIndustrial - MachinerySnapshot 2026-11-05
QuarterlyIQ Insights · WTS
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 16.6% |
| Our one-year growth estimate | diamond | 6.1% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 10.5 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-05 · Compared with 46 industry peers · Company calendar date is not available
WTS — General Counsel transition
Dated 2026-10-01
General Counsel — Kenneth R. Lepage: The General Counsel is retiring with a planned transition period and the company is initiating a search for a successor, indicating an orderly succession rather than a sudden loss.
Why it matters: First-half free cash flow fell to $98 million from $105 million. Management said cash flow would rise in the second half as working capital is used.
Supportive ifSecond-half free cash flow exceeds the first-half $98 million as working capital falls.
Worry ifSecond-half free cash flow is $98 million or less, or working capital rises further.
Why it matters: Kenneth Lepage plans to retire on March 31, 2027. A named successor would show progress on the planned handoff.
Supportive ifWatts names a new General Counsel before Lepage retires on March 31, 2027.
Worry ifWatts has not named a successor by March 31, 2027, or reports a delayed handoff.
Why it matters: Q2 adjusted margin fell 60 basis points to 21.0%. The full-year outlook still calls for a margin of at least 19.8%.
Worry ifQ3 adjusted operating margin is below 19.8%, the low end of the 2026 outlook.
Less concerning ifQ3 adjusted operating margin is at least 19.8%.
Why it matters: Q2 organic sales grew 12%, led in part by data center demand. A strong Q3 would support the raised full-year sales outlook.
Supportive ifQ3 organic sales growth is at least 8%, the low end of the raised 2026 outlook.
Worry ifQ3 organic sales growth is below 8%.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$99 on $10,000 · ±1.0% | How much price usually moves either way. |
| Bad day | $251 loss on $10,000 · 2.5% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,545 loss on $10,000 · 15.4% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.