NYSE:WTSMachinery
Watts Water Technologies (WTS): Evaluating Valuation as Momentum Slows After Strong Year-to-Date Gains
Watts Water Technologies (WTS) stock has slipped over the past month, shedding around 2% despite strong year-to-date gains. Investors seem to be weighing recent performance against the company's steady annual revenue and net income growth.
See our latest analysis for Watts Water Technologies.
After a stellar stretch that saw Watts Water Technologies enjoy a 34.5% year-to-date share price return, momentum has cooled a bit in recent weeks, with the stock easing back from recent highs. Still,...