Evaluating Zurn Elkay Water: Insights From 4 Financial Analysts
Portfolio Pulse from Benzinga Insights
Zurn Elkay Water (NYSE:ZWS) has seen varied analyst ratings over the past three months, with a recent shift towards more bullish perspectives. The average 12-month price target for ZWS is now $36.75, reflecting a slight increase from the previous target. Analysts from Deutsche Bank, Oppenheimer, Exane BNP Paribas, and Mizuho have provided updates, with actions ranging from lowering to announcing new ratings. Zurn Elkay's financials show a positive revenue trend with a growth rate of 4.85% as of December 31, 2023, but it faces challenges in net margin, ROE, and ROA, despite a low debt-to-equity ratio.
April 25, 2024 | 6:00 pm
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Zurn Elkay Water has received varied analyst ratings, with a recent average price target of $36.75, indicating a positive outlook. The company's financial performance shows revenue growth but challenges in profitability metrics.
The recent analyst ratings and adjustments to Zurn Elkay Water's price targets suggest a positive short-term outlook for the stock. The increase in the average price target, coupled with the company's revenue growth, supports a bullish sentiment. However, the challenges in profitability metrics such as net margin, ROE, and ROA may temper the upside potential. The low debt-to-equity ratio indicates a conservative financial approach, which could be viewed positively by investors. Overall, the combination of these factors leads to a positive short-term impact on ZWS's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100