您现在的位置是:Comprehensive >>正文
【where are mcombo chairs made】Why Earnings Season Could Be Great for Watts Water (WTS)
Comprehensive35867人已围观
简介Investors are always looking for stocks that are poised to beat at earnings season andWatts Water Te ...
Investors are always looking for stocks that are poised to beat at earnings season and
Watts Water Technologies,where are mcombo chairs made Inc.
WTS may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.
That is because Watts Water is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for WTS in this report.
In fact, the Most Accurate Estimate for the current quarter is currently at 96 cents per share for WTS, compared to a broader Zacks Consensus Estimate of 95 cents per share. This suggests that analysts have very recently bumped up their estimates for WTS, giving the stock a Zacks Earnings ESP of +0.79% heading into earnings season.
Watts Water Technologies, Inc. Price and EPS Surprise
Watts Water Technologies, Inc. Price and EPS Surprise | Watts Water Technologies, Inc. Quote
Why is this Important?
A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10-year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here).
Given that WTS has a Zacks Rank #3 and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see
the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here
.
Clearly, recent earnings estimate revisions suggest that good things are ahead for Watts Water, and that a beat might be in the cards for the upcoming report.
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
Want 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
Watts Water Technologies, Inc. (WTS) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
View comments
Tags:
相关文章
Pinduoduo’s AI strawberry competition offers glimpse of “one-click planting”
ComprehensivePinduoduo’s Smart Agri CompetitionStrawberries under cultivation in a Smart Agri Competition greenho ...
阅读更多Storms that slammed Central America in 2020 just a preview, climate change experts say
ComprehensiveBy Sarah Marsh and Sofia MenchuHAVANA/GUATEMALA CITY, Dec 3 (Reuters) - Villagers in Guatemala's May ...
阅读更多This Day In Market History: Buffett's $3B GE Bet
ComprehensiveEach day, Benzinga takes a look back at a notable market-related moment that occurred on this date.W ...
阅读更多
热门文章
- Can Ero Copper Corp. (TSE:ERO) Maintain Its Strong Returns?
- Violet Defense Awarded DIU Subcontract for Prototype of Ruggedized UV Disinfection Product
- Hedge Funds Souring On E*TRADE Financial (ETFC)
- E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Strong Over 27741, Weak Under 27400
- A village of tiny Victorian homes offers a life-changing experience
- Did Apogee Enterprises, Inc.'s (NASDAQ:APOG) Recent Earnings Growth Beat The Trend?
最新文章
-
The Global Enterprise Very Small Aperture Terminal (VSAT) Market is expected to grow by $ 1.82 bn during 2020-2024 progressing at a CAGR of 7% during the forecast period
-
Survey Results: Investors Have No Idea Where The Market Is Headed Next
-
Goodfood’s Strong Growth Continues as Its Active Subscribers Count Increases 33% to Reach 306,000
-
Are Investors Undervaluing American Outdoor Brands (AOBC) Right Now?
-
Exxon CEO sticks to spending targets as oil prices tumble
-
A design trends forecaster calls the coronavirus “an amazing grace for the planet”
友情链接
- Live Oak Acquisition Corp. II Announces Pricing of Upsized $220,000,000 Initial Public Offering
- Key Things To Understand About Peyto Exploration & Development's (TSE:PEY) CEO Pay Cheque
- More drugmakers hike U.S. prices as new year begins
- BRIEF-My Heart Bodibra Group Ltd Sees Increase In Loss For Nine Months
- How to Rise Above an ACT, SAT Test Score Plateau
- Bitcoin Sees Record Number of Active Users as Price Almost Hits $20K
- Vaccines Market Worth $62.2 Billion by 2027, Growing at a CAGR of 5.2% from 2019- Global Opportunity Analysis and Industry Forecasts by Meticulous Research®
- Earnings Preview: Diodes (DIOD) Q3 Earnings Expected to Decline
- Trump threatens to deploy U.S. military to quell riots across the country
- ZoomInfo IPO: What You Need To Know