Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Zurn Elkay Water Solutions Corp before investing.

In this article, we go over a few key elements for understanding Zurn Elkay Water Solutions Corp’s stock price such as:

• Zurn Elkay Water Solutions Corp’s current stock price and volume
• Why Zurn Elkay Water Solutions Corp’s stock price changed recently
• Upgrades and downgrades for ZWS from analysts
• ZWS’s stock price momentum as measured by its relative strength

About Zurn Elkay Water Solutions Corp (ZWS)

Before we jump into Zurn Elkay Water Solutions Corp’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Zurn Elkay Water Solutions Corp is a pure-play water management company. The Company designs, procures, manufactures, and markets a sustainable product portfolio of specification-driven water management solutions to improve health, human safety and the environment. The Company's product portfolio includes professional grade water safety and control products, flow system products, hygienic and environmental products, and filtered drinking water products for public and private spaces. Its products are marketed and sold under various brand names, including Zurn, Elkay, Wilkins, Green Turtle, World Dryer, StainlessDrains.com, JUST, Hadrian, Wade, and Halsey Taylor. It serves various range of institutional and commercial end markets, and waterworks and residential end markets. The institutional construction end users include education, healthcare, and government segments. The commercial construction end users include retail, office, lodging, dining, warehouse, and sports arena segments.

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Zurn Elkay Water Solutions Corp’s Stock Price as of Market Close

As of September 09, 2024, 4:00 PM, CST, Zurn Elkay Water Solutions Corp’s stock price was $32.00.

Zurn Elkay Water Solutions Corp is up 7.71% from its previous closing price of $29.71.

During the last market session, Zurn Elkay Water Solutions Corp’s stock traded between $29.63 and $30.69. Currently, there are 172.63 million shares of Zurn Elkay Water Solutions Corp stock available for purchase.

Zurn Elkay Water Solutions Corp’s price-earnings (P/E) ratio is currently at 40.8, which is high compared to the Construction Supplies & Fixtures industry median of 18.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Zurn Elkay Water Solutions Corp Stock Price History

Zurn Elkay Water Solutions Corp’s (ZWS) price is currently down 1.33% so far this month.

During the month of September, Zurn Elkay Water Solutions Corp’s stock price has reached a high of $33.84 and a low of $29.63.

Over the last year, Zurn Elkay Water Solutions Corp has hit prices as high as $34.58 and as low as $25.09. Year to date, Zurn Elkay Water Solutions Corp’s stock is up 51.3%.

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What Caused Zurn Elkay Water Solutions Corp Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 06, 2024, there were 0 analysts who downgraded Zurn Elkay Water Solutions Corp’s stock and 5 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Zurn Elkay Water Solutions Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Zurn Elkay Water Solutions Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Zurn Elkay Water Solutions Corp’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Zurn Elkay Water Solutions Corp (ZWS) by visiting AAII Stock Evaluator.

Relative Price Strength of Zurn Elkay Water Solutions Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 06, 2024, Zurn Elkay Water Solutions Corp has a weighted four-quarter relative price strength of -3.88%, which translates to a Momentum Score of 47 and is considered to be Average.

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Zurn Elkay Water Solutions Corp Stock Price: Bottom Line

As of September 9, 2024, Zurn Elkay Water Solutions Corp’s stock price is $32.00, which is up 7.71% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Zurn Elkay Water Solutions Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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