Zurn Elkay Water Stock Buy Hold or Sell Recommendation
| ZWS Stock | USD 31.64 0.01 0.03% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Zurn Elkay Water is 'Strong Hold'. Macroaxis provides Zurn Elkay buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ZWS positions. The advice algorithm takes into account all of Zurn Elkay's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Zurn Elkay's buy or sell advice are summarized below:
Real Value 31.6 | Target Price 31.29 | Hype Value 31.65 | Market Value 31.64 | Naive Value 31.63 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Zurn Elkay Water given historical horizon and risk tolerance towards Zurn Elkay. When Macroaxis issues a 'buy' or 'sell' recommendation for Zurn Elkay Water, the advice is generated through an automated system that utilizes algorithms and statistical models.
Zurn |
Execute Zurn Elkay Buy or Sell Advice
The Zurn recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Zurn Elkay Water. Macroaxis does not own or have any residual interests in Zurn Elkay Water or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Zurn Elkay's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Zurn Elkay Trading Alerts and Improvement Suggestions
| Zurn Elkay Water has a poor financial position based on the latest SEC disclosures | |
| Over 86.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from simplywall.st: The Strong Earnings Posted By Zurn Elkay Water Solutions Are A Good Indication Of The Strength Of The Business |
Zurn Elkay Returns Distribution Density
The distribution of Zurn Elkay's historical returns is an attempt to chart the uncertainty of Zurn Elkay's future price movements. The chart of the probability distribution of Zurn Elkay daily returns describes the distribution of returns around its average expected value. We use Zurn Elkay Water price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Zurn Elkay returns is essential to provide solid investment advice for Zurn Elkay.
| Mean Return | 0.11 | Value At Risk | -2.78 | Potential Upside | 2.19 | Standard Deviation | 1.58 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Zurn Elkay historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Zurn Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Zurn Elkay is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Zurn Elkay Water backward and forwards among themselves. Zurn Elkay's institutional investor refers to the entity that pools money to purchase Zurn Elkay's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | State Street Corporation | 2023-12-31 | 3.3 M | Geode Capital Management, Llc | 2023-12-31 | 3.1 M | Beck, Mack & Oliver Llc | 2023-12-31 | 3 M | Brown Advisory Holdings Inc | 2024-03-31 | 2.8 M | Wells Fargo & Co | 2023-12-31 | 2.3 M | Crescent Grove Advisors, Llc | 2023-12-31 | 2.1 M | Charles Schwab Investment Management Inc | 2023-12-31 | 1.7 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.7 M | Ack Asset Management Llc | 2023-12-31 | 1.7 M | Vanguard Group Inc | 2023-12-31 | 13.7 M | Blackrock Inc | 2023-12-31 | 12.6 M |
Zurn Elkay Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | (123.1M) | (122.5M) | (21.9M) | (6.6M) | (4.6M) | (4.8M) | |
| Net Borrowings | (98.2M) | 214.4M | (5.7M) | (576.7M) | (5.1M) | (5.4M) | |
| Change To Netincome | 65.5M | 69.8M | 49.6M | 28.7M | 25.8M | 24.5M |
Zurn Elkay Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Zurn Elkay or Building Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Zurn Elkay's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Zurn stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.0084 | |
β | Beta against NYSE Composite | 1.62 | |
σ | Overall volatility | 1.55 | |
Ir | Information ratio | 0.02 |
Zurn Elkay Volatility Alert
Zurn Elkay Water has relatively low volatility with skewness of -0.29 and kurtosis of 0.42. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Zurn Elkay's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Zurn Elkay's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Zurn Elkay Fundamentals Vs Peers
Comparing Zurn Elkay's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Zurn Elkay's direct or indirect competition across all of the common fundamentals between Zurn Elkay and the related equities. This way, we can detect undervalued stocks with similar characteristics as Zurn Elkay or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Zurn Elkay's fundamental indicators could also be used in its relative valuation, which is a method of valuing Zurn Elkay by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Zurn Elkay to competition |
| Fundamentals | Zurn Elkay | Peer Average |
| Return On Equity | 0.072 | -0.31 |
| Return On Asset | 0.0523 | -0.14 |
| Profit Margin | 0.08 % | (1.27) % |
| Operating Margin | 0.16 % | (5.51) % |
| Current Valuation | 5.85 B | 16.62 B |
| Shares Outstanding | 172.7 M | 571.82 M |
| Shares Owned By Insiders | 3.01 % | 10.09 % |
| Shares Owned By Institutions | 85.90 % | 39.21 % |
| Number Of Shares Shorted | 5.11 M | 4.71 M |
| Price To Earning | 12.48 X | 28.72 X |
| Price To Book | 3.45 X | 9.51 X |
| Price To Sales | 3.61 X | 11.42 X |
| Revenue | 1.53 B | 9.43 B |
| Gross Profit | 465.5 M | 27.38 B |
| EBITDA | 315.8 M | 3.9 B |
| Net Income | 112.7 M | 570.98 M |
| Cash And Equivalents | 124.8 M | 2.7 B |
| Cash Per Share | 0.40 X | 5.01 X |
| Total Debt | 570.1 M | 5.32 B |
| Debt To Equity | 0.37 % | 48.70 % |
| Current Ratio | 2.43 X | 2.16 X |
| Book Value Per Share | 9.34 X | 1.93 K |
| Cash Flow From Operations | 253.9 M | 971.22 M |
| Short Ratio | 6.77 X | 4.00 X |
| Earnings Per Share | 0.65 X | 3.12 X |
| Price To Earnings To Growth | 1.50 X | 4.89 X |
| Target Price | 34.33 | |
| Number Of Employees | 2.4 K | 18.84 K |
| Beta | 1.02 | -0.15 |
| Market Capitalization | 5.46 B | 19.03 B |
| Total Asset | 2.67 B | 29.47 B |
| Retained Earnings | (1.18 B) | 9.33 B |
| Working Capital | 446.9 M | 1.48 B |
Note: Acquisition by Todd Adams of 373405 shares of Zurn Elkay subject to Rule 16b-3 [view details]
Zurn Elkay Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Zurn . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Zurn Elkay Buy or Sell Advice
When is the right time to buy or sell Zurn Elkay Water? Buying financial instruments such as Zurn Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 539.5M | 570.1M | 655.6M | 818.6M | Total Assets | 1.1B | 2.9B | 2.7B | 1.7B |
Use Investing Ideas to Build Portfolios
In addition to having Zurn Elkay in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Macroaxis Picks
Daily selected watch list of stocks of large companies handpicked by Macroaxis Team based on their diversification potential. The Macroaxis Picks theme has 49 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Macroaxis Picks Theme or any other thematic opportunities.
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Check out Zurn Elkay Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Zurn Stock analysis
When running Zurn Elkay's price analysis, check to measure Zurn Elkay's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zurn Elkay is operating at the current time. Most of Zurn Elkay's value examination focuses on studying past and present price action to predict the probability of Zurn Elkay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zurn Elkay's price. Additionally, you may evaluate how the addition of Zurn Elkay to your portfolios can decrease your overall portfolio volatility.
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Is Zurn Elkay's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zurn Elkay. If investors know Zurn will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zurn Elkay listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.483 | Dividend Share 0.3 | Earnings Share 0.65 | Revenue Per Share 8.836 | Quarterly Revenue Growth 0.005 |
The market value of Zurn Elkay Water is measured differently than its book value, which is the value of Zurn that is recorded on the company's balance sheet. Investors also form their own opinion of Zurn Elkay's value that differs from its market value or its book value, called intrinsic value, which is Zurn Elkay's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zurn Elkay's market value can be influenced by many factors that don't directly affect Zurn Elkay's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zurn Elkay's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zurn Elkay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zurn Elkay's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.