Where Does Evoqua Water Technologies Corp. (AQUA) Rank When It Comes To Price-To-Earnings Ratio?

Evoqua Water Technologies Corp. (NYSE:AQUA) finished Friday with an addition of $0.23 to close at $40.94, an upside of 0.56 percent. An average of 709,020 shares of common stock have been traded in the last five days. There was a gain of $1.69 in the past week, and it reached a new high 40 times over the past 12 months. The last 20 days have seen an average of 690,675 shares traded, while the 50-day average volume stands at 751,098.

AQUA stock has increased by 3.12% in the last month. The company shares reached their 1-month lowest point of $36.88 on 10/06/21. With the stock rallying to its 52-week high on 10/22/21, shares of the company touched a low of $22.00 and a high of $40.77 in 52 weeks. It has reached a new high 33 times so far this year and achieved 51.74% or $13.96 in price. In spite of this, the price is up 0.42% from the 52-week high.


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Insider Transactions

78 days have passed since Evoqua Water Technologies Corp. (AQUA) last reported insider trading activity. Fages Herve, who is Executive Vice President, most recently acquired $8,111 shares at $36.51 per share on Aug 06. In this transaction, the insider spent $296,133. Director, Gregg Judd A., disposed of 13,000 shares at a price of $35.67 on Aug 05. The insider now owns more than $463,732 worth of shares. Prior to that, Executive Vice President, CHRO Webster Anthony went on to Sale 66,861 shares at $35.01 each on Aug 03. An amount of $2,340,529 was transacted.

Valuation Metrics

Evoqua Water Technologies Corp. (AQUA) has a trailing price-to-earnings (P/E) ratio of 89.39, which compares with the 20.30 for the broader industry and 29.83 for the sector. In the last five years, Evoqua Water Technologies Corp.’s PE ratio has ranged between 3172.45 and 16.76. The stock’s beta is 1.87. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.45, the price-to-book (PB) ratio at 8.96, and the price-to-cash flow ratio at 48.16.

The quick ratio of Evoqua Water Technologies Corp. for the three months ended June 29 was 1.40, and the current ratio was 1.80, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.43 and a total debt to equity ratio of 1.47 for the quarter ending June 29. Evoqua Water Technologies Corp.’s EBITDA margin for the year ending June 29 is 19.62%, while its operating margin for the same period stands at 4.80%. Its gross profit as reported stood at $449.8 million compared to revenue of $1.43 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Evoqua Water Technologies Corp.’s return on assets was 3.00%. For the broader industry, ROE averaged 7.02 over the past year.

Earnings Surprise

For the three-month period that ended June 29, Evoqua Water Technologies Corp. had $778.17 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $13.16 million in the quarter, while revenues were shrunk -62.46%. The analyst consensus anticipated Evoqua Water Technologies Corp.’s latest quarter earnings to come in at $0.18 per share, but it turned out to be $0.17, a -5.60% surprise. For the quarter, EBITDA amounted to $59.18 million. Shareholders own equity worth $120.23 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Evoqua Water Technologies Corp. (AQUA) price momentum. RSI 9-day as of the close on 22 October was 71.37%, suggesting the stock is Overbought, with historical volatility in this time frame at 27.29%.

As of today, AQUA’s price is $39.87 +4.31% or $1.69 from its 5-day moving average. AQUA is currently trading +3.88% higher than its 20-day SMA and +29.31% higher than its 100-day SMA. However, the stock’s current price level is +7.88% above the SMA50 and +36.83% above the SMA200.

The stochastic %K and %D were 93.06% and 86.55%, respectively, and the average true range (ATR) was 0.98. With the 14-day stochastic at 90.22% and the average true range at 0.99, the RSI (14) stands at 65.43%. The stock has reached 1.21 on the 9-day MACD Oscillator while the 14-day reading was at 1.68.

Analyst Ratings

Raymond James downgraded Evoqua Water Technologies Corp. (NYSE: AQUA) to a an Outperform rating in its most recent analyst report. Previously, the stock was rated as a Strong buy. The consensus rating for Evoqua Water Technologies Corp. (AQUA) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell AQUA, while 4 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 5 others rate it as a “buy”.

What is AQUA’s price target for the next 12 months?

Analysts predict a range of price targets between $25.00 and $47.00, with a median target of $42.00. Taking a look at these predictions, the average price target given by analysts for Evoqua Water Technologies Corp. (AQUA) stock is $40.18.

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