Group 1 - Zurn Water (ZWS) currently has a forward P/E ratio of 30.37, while Eaton (ETN) has a forward P/E of 30.99, indicating ZWS may be slightly more attractive in terms of valuation metrics [1] - ZWS has a PEG ratio of 1.91, which is lower than ETN's PEG ratio of 2.50, suggesting ZWS may offer better value considering its expected earnings growth [1] - ZWS has a Value grade of B, while ETN has a Value grade of C, indicating ZWS is perceived as a better value opportunity [4] Group 2 - ZWS has a P/B ratio of 4.03 compared to ETN's P/B of 6.90, further supporting the notion that ZWS is undervalued relative to its book value [6] - ZWS holds a Zacks Rank of 2 (Buy), while ETN has a Zacks Rank of 3 (Hold), suggesting a more favorable earnings outlook for ZWS [5] - The analysis indicates that ZWS stands out due to its solid earnings outlook and favorable valuation figures, making it the superior value option at this time [9]

Core Insights - Investors in the Manufacturing - Electronics sector should consider Zurn Water (ZWS) and Eaton (ETN) for potential value opportunities [1] Valuation Metrics - Zurn Water has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while Eaton has a Zacks Rank of 3 (Hold) [3] - ZWS has a forward P/E ratio of 32.51 compared to ETN's 33.51, and a PEG ratio of 2.05 versus ETN's 2.74, suggesting ZWS may be more attractively valued [5] - ZWS's P/B ratio is 4.32, significantly lower than ETN's P/B of 7.46, indicating a better market value relative to book value [6] Value Grades - ZWS has a Value grade of B, while ETN has a Value grade of C, reflecting stronger estimate revision activity and more favorable valuation metrics for ZWS [7]

Have you been paying attention to shares of Zurn Water (ZWS) ? Shares have been on the move with the stock up 4.8% over the past month. The stock hit a new 52-week high of $40.74 in the previous session. Zurn Water has gained 37.1% since the start of the year compared to the 23.2% move for the Zacks Industrial Products sector and the 24.4% return for the Zacks Manufacturing - Electronics industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't miss ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Have you been paying attention to shares of Zurn Water (ZWS) ? Shares have been on the move with the stock up 6.8% over the past month. The stock hit a new 52-week high of $38.8 in the previous session. Zurn Water has gained 30.8% since the start of the year compared to the 11.7% move for the Zacks Industrial Products sector and the 13.5% return for the Zacks Manufacturing - Electronics industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't ...

Zurn Water (ZWS) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors often find it h ...

Zurn Water (ZWS) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.25%. A quarter ago, it was expected that this motion control and water management company would post earnings of $0.32 per share when it actually produced earnings of $0.33, delivering a surprise of 3.13%.Over the last ...

Exhibit 99.1 | --- | --- | --- | |---------------------------|-------------------------------------------------------|-------| | | Press Release | | | October 29, 2024 | Contact Information: | | | For Immediate Release | Dave Pauli Chief Financial Officer 414.223.7770 | | Zurn Elkay Water Solutions Reports Third Quarter 2024 Financial Results Investor call scheduled for Wednesday, October 30, 2024 at 8:30 a.m. Eastern Time MILWAUKEE, WI (USA) - Zurn Elkay Water Solutions Corporation (NYSE:ZWS) Third Quarter ...

Company Performance - Zurn Water's shares have increased by 7.8% over the past month, reaching a new 52-week high of $34.94 [1] - The stock has gained 15.7% since the beginning of the year, outperforming the Zacks Industrial Products sector (9.7%) and the Zacks Manufacturing - Electronics industry (11.2%) [1] Earnings and Revenue Expectations - For the current fiscal year, Zurn Water is projected to report earnings of $1.21 per share on revenues of $1.56 billion, reflecting a 24.74% increase in EPS and a 1.82% increase in revenues [3] - For the next fiscal year, earnings are expected to rise to $1.33 per share on $1.62 billion in revenues, indicating a year-over-year change of 9.67% in EPS and 4.04% in revenues [3] Valuation Metrics - Zurn Water's current trading multiple is 28.1X the current fiscal year EPS estimates, which is higher than the peer industry average of 22.2X [7] - The stock trades at 22.6X trailing cash flow, compared to the peer group's average of 21.8X, and has a PEG ratio of 1.83 [7] Zacks Rank and Style Scores - Zurn Water holds a Zacks Rank of 2 (Buy) due to favorable earnings estimate revisions from analysts [8] - The stock has a Value Score of C, a Growth Score of A, and a Momentum Score of C, resulting in a combined VGM Score of A [6] Industry Context - The Manufacturing - Electronics industry is positioned in the top 10% of all industries, suggesting favorable conditions for Zurn Water and its peers [12] - Eaton Corporation, a peer in the industry, also shows strong performance with a Zacks Rank of 2 (Buy) and has reported earnings exceeding consensus estimates [10][11]

Company Overview - Zurn Elkay Water Solutions Corporation (ZWS) shares increased by 7.7% to close at $32, driven by notable trading volume, contrasting with a 2.1% loss over the past four weeks [1][2] Business Performance - The rally in Zurn Elkay's stock is attributed to strong momentum in its water management business, with positive performance in commercial and institutional markets, and increasing demand for water management solutions [2] - The company is expected to report quarterly earnings of $0.32 per share, reflecting a year-over-year increase of 10.3%, with revenues projected at $406.35 million, up 2% from the previous year [3] Earnings Estimates - The consensus EPS estimate for Zurn Elkay has remained stable over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4] - Zurn Elkay currently holds a Zacks Rank of 2 (Buy), suggesting a favorable outlook compared to A.O. Smith (AOS), which has a Zacks Rank of 3 (Hold) and a recent EPS estimate change of -0.5% [4][5]