Stock Rating Downgrade
During the last several trading days the Value Trend Rating for Zurn Elkay Water Solutions Corp (NYSE: ZWS) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Zurn Elkay Water Solutions Corp (NYSE: ZWS) stock closed at $32.23 on 7/29/24 after a slight decline of -0.5%. NORMAL trading volume accompanied the decline. The stock has risen 4.1% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
ZWS is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Zurn Elkay Water Solutions has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Zurn Elkay Water Solutions has a very low Appreciation Score of 13 but a good Power Rating of 71, and the Negative Value Trend Rating results.
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