Watts Water(US:WTS) ZACKSยท2025-08-13 17:01Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Analysis: Watts Water (WTS) - Watts Water currently holds a Momentum Style Score of A, indicating strong momentum characteristics [3]. - The company has a Zacks Rank of 1 (Strong Buy), suggesting a favorable outlook based on historical performance metrics [4]. - Over the past week, WTS shares increased by 1.24%, while the Zacks Instruments - Control industry rose by 2.52% [6]. - In a longer timeframe, WTS shares have appreciated by 11.86% over the past quarter and 49.62% over the last year, outperforming the S&P 500's gains of 10.57% and 21.94%, respectively [7]. - The average 20-day trading volume for WTS is 252,344 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the last two months, four earnings estimates for WTS have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $9.28 to $9.78 [10]. - For the next fiscal year, four estimates have also moved higher without any decreases, indicating positive sentiment regarding future earnings [10]. Conclusion - Considering the strong momentum indicators and positive earnings outlook, Watts Water is positioned as a 1 (Strong Buy) stock with a Momentum Score of A, making it a compelling investment option [12].