Watts Water Technologies, Inc. (WTS) Forms $77.70 Double Top; Esterline Technologies (ESL) Sentiment Is 1.28

Watts Water Technologies, Inc. (WTS) formed double top with $83.14 target or 7.00% above today’s $77.70 share price. Watts Water Technologies, Inc. (WTS) has $2.65 billion valuation. The stock decreased 2.51% or $2 during the last trading session, reaching $77.7. About 158,811 shares traded or 35.64% up from the average. Watts Water Technologies, Inc. (NYSE:WTS) has risen 15.50% since March 23, 2017 and is uptrending. It has underperformed by 1.20% the S&P500.

Esterline Technologies Corporation designs, makes, and markets engineered products and systems primarily for aerospace and defense clients in the United States and internationally. The company has market cap of $2.20 billion. It operates through three divisions: Avionics & Controls, Sensors & Systems, and Advanced Materials. It has a 33.04 P/E ratio. The Avionics & Controls segment offers global positioning systems, head-up displays, enhanced vision systems, and electronic flight management systems for control and display applications; lighted push-button and rotary switches, keyboards, lighted indicators, panels, and displays; and control sticks, grips, wheels, and switching systems.

Since January 1, 0001, it had 1 buying transaction, and 3 selling transactions for $6.61 million activity.

Ratings analysis reveals 50% of Esterline Techs’s analysts are positive. Out of 2 Wall Street analysts rating Esterline Techs, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. ESL was included in 2 notes of analysts from January 12, 2017. The firm has “Buy” rating given on Thursday, January 19 by SunTrust. The company was downgraded on Thursday, January 12 by Jefferies.

Analysts await Esterline Technologies Corporation (NYSE:ESL) to report earnings on May, 3. They expect $0.74 earnings per share, down 38.33% or $0.46 from last year’s $1.2 per share. ESL’s profit will be $21.99 million for 24.95 P/E if the $0.74 EPS becomes a reality. After $0.49 actual earnings per share reported by Esterline Technologies Corporation for the previous quarter, Wall Street now forecasts 51.02% EPS growth.

First Pacific Advisors Llc holds 2.34% of its portfolio in Esterline Technologies Corporation for 3.37 million shares. North Point Portfolio Managers Corp Oh owns 150,622 shares or 2.29% of their US portfolio. Moreover, Snyder Capital Management L P has 2.09% invested in the company for 464,741 shares. The Massachusetts-based Anchor Capital Advisors Llc has invested 0.81% in the stock. Ironwood Investment Management Llc, a Massachusetts-based fund reported 9,075 shares.

The stock decreased 3.72% or $2.85 during the last trading session, reaching $73.85. About 339,316 shares traded or 42.23% up from the average. Esterline Technologies Corporation (ESL) has risen 43.50% since March 23, 2017 and is uptrending. It has outperformed by 26.80% the S&P500.

Investors sentiment increased to 1.19 in Q3 2017. Its up 0.04, from 1.15 in 2017Q2. It improved, as 23 investors sold Watts Water Technologies, Inc. shares while 51 reduced holdings. 24 funds opened positions while 61 raised stakes. 25.81 million shares or 0.06% more from 25.80 million shares in 2017Q2 were reported. Systematic Fincl Mgmt Limited Partnership stated it has 0.23% in Watts Water Technologies, Inc. (NYSE:WTS). Comml Bank Of Ny Mellon Corp owns 375,085 shares. Bnp Paribas Asset Mngmt Holding Sa stated it has 46,833 shares or 0.03% of all its holdings. California State Teachers Retirement has invested 0.01% in Watts Water Technologies, Inc. (NYSE:WTS). Dimensional Fund Limited Partnership holds 0.03% or 992,272 shares in its portfolio. Gotham Asset Management Ltd Company holds 0.01% or 6,064 shares in its portfolio. Pnc Services Gru owns 3,887 shares for 0% of their portfolio. Palisade Mngmt Limited Liability Nj accumulated 0.5% or 201,205 shares. D E Shaw & Inc has 0.01% invested in Watts Water Technologies, Inc. (NYSE:WTS). Kbc Gru Nv reported 0.04% stake. Amer Group Inc, a New York-based fund reported 22,046 shares. Barclays Plc holds 0% of its portfolio in Watts Water Technologies, Inc. (NYSE:WTS) for 4,550 shares. Art Advsr Ltd Com owns 10,400 shares for 0.04% of their portfolio. Gamco Invsts Et Al invested in 0.57% or 1.32 million shares. Aqr Mgmt Ltd Limited Liability Company owns 4,030 shares.

Analysts await Watts Water Technologies, Inc. (NYSE:WTS) to report earnings on May, 3. They expect $0.79 earnings per share, up 21.54% or $0.14 from last year’s $0.65 per share. WTS’s profit will be $26.91 million for 24.59 P/E if the $0.79 EPS becomes a reality. After $0.74 actual earnings per share reported by Watts Water Technologies, Inc. for the previous quarter, Wall Street now forecasts 6.76% EPS growth.

Since December 8, 2017, it had 0 buys, and 6 sales for $7.74 million activity. Shares for $526,043 were sold by Nanda Munish. $1.25 million worth of Watts Water Technologies, Inc. (NYSE:WTS) shares were sold by Pagano Robert J Jr. 8,975 shares were sold by Trapp Todd A, worth $681,014 on Thursday, February 15. Another trade for 3,420 shares valued at $264,493 was sold by Melhem Elie. HORNE TIMOTHY P also sold $3.86 million worth of Watts Water Technologies, Inc. (NYSE:WTS) shares.

Among 12 analysts covering Watts Water Technologies (NYSE:WTS), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. Watts Water Technologies has $95.0 highest and $54 lowest target. $73.43’s average target is -5.50% below currents $77.7 stock price. Watts Water Technologies had 31 analyst reports since August 17, 2015 according to SRatingsIntel. Stifel Nicolaus maintained Watts Water Technologies, Inc. (NYSE:WTS) rating on Sunday, December 10. Stifel Nicolaus has “Buy” rating and $85.0 target. The firm has “Buy” rating given on Friday, November 3 by Stifel Nicolaus. On Friday, November 3 the stock rating was maintained by Robert W. Baird with “Neutral”. As per Thursday, September 28, the company rating was maintained by Cowen & Co. The stock of Watts Water Technologies, Inc. (NYSE:WTS) has “Hold” rating given on Wednesday, June 14 by Oppenheimer. Stifel Nicolaus maintained it with “Buy” rating and $90.0 target in Wednesday, February 14 report. The stock of Watts Water Technologies, Inc. (NYSE:WTS) has “Buy” rating given on Friday, May 6 by BB&T Capital. The rating was maintained by Boenning & Scattergood with “Buy” on Tuesday, February 13. The stock of Watts Water Technologies, Inc. (NYSE:WTS) earned “Buy” rating by Zacks on Monday, September 21. The rating was upgraded by Janney Capital on Wednesday, February 14 to “Buy”.