Zurn Elkay (ZWS) Soars 7.7%: Is Further Upside Left in the Stock?

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]