Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Have you been paying attention to shares of Zurn Water (ZWS) ? Shares have been on the move with the stock up 6.8% over the past month. The stock hit a new 52-week high of $38.8 in the previous session. Zurn Water has gained 30.8% since the start of the year compared to the 11.7% move for the Zacks Industrial Products sector and the 13.5% return for the Zacks Manufacturing - Electronics industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't ...

Zurn Water (ZWS) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors often find it h ...

财务数据和关键指标变化 - 第三季度销售额为4.1亿美元，按年增长4% [11] - 调整后EBITDA为1.05亿美元，调整后EBITDA利润率为25.6%，同比增长150个基点 [12] - 自由现金流为8700万美元，全年自由现金流预期提高至约2.6亿美元 [8][42] - 公司净债务为3.08亿美元，杠杆率降至0.8倍，为历史最低水平 [14] 各条业务线数据和关键指标变化 - 非住宅市场的核心销售增长为中位数的单数字，住宅市场销售持平 [11] - 饮用水产品类别继续表现良好，安装基础的过滤瓶装水填充器实现了双位数增长 [45] 各个市场数据和关键指标变化 - 教育和医疗保健领域的非住宅建筑市场预计将推动未来的增长 [28][30] - 预计2025年教育和医疗保健领域的建筑开工量将显著增加 [30] 公司战略和发展方向和行业竞争 - 公司将继续专注于北美市场，特别是教育和医疗保健领域 [37] - 公司计划在2025年进行潜在的并购活动，重点关注与现有产品线相关的领域 [76] 管理层对经营环境和未来前景的评论 - 管理层对未来市场的韧性表示乐观，认为公司在特定垂直市场的独特曝光将带来改善 [9] - 预计2025年将看到建筑开工量的增长，尽管需要时间来实现 [30][67] 其他重要信息 - 公司在可持续发展方面取得了进展，特别是在饮用水和过滤方面的法规实施 [17][18] - 公司已将季度股息提高至每股0.09美元，增幅为12.5% [8] 问答环节所有提问和回答 问题: 第三季度的增长是否存在显著差异 - 管理层表示，饮用水产品类别表现良好，过滤瓶装水填充器的安装基础实现了双位数增长 [45] 问题: 2025年饮用水的增长率是否会减缓 - 管理层认为，饮用水的增长率不会减缓，特别是在密歇根州实施的法规将推动需求 [47][48] 问题: 预计的供应链节省将如何影响EBITDA增长 - 管理层预计供应链节省将在未来一年内为EBITDA增长提供额外支持 [50][61] 问题: 教育和医疗保健领域的建筑开工量预计将如何变化 - 管理层指出，尽管ESSER资金未用于新学校建设，但随着学校基础设施的老化，预计2025年将有新建设施出现 [72][74] 问题: M&A管道的优先事项是什么 - 管理层表示，未来的并购将专注于与现有产品线相关的领域，保持在北美市场的专注 [76]

业绩总结 - 2024年第三季度净销售额为4.10亿美元，同比增长3%[7] - 2024年第三季度调整后EBITDA为1.05亿美元，同比增长9%[7] - 调整后EBITDA利润率为25.6%，较去年同期上升150个基点[7] - 2024年第三季度的核心销售额同比增长4%[6] 现金流与债务 - 自由现金流为8700万美元[6] - 截至2024年第三季度，净债务杠杆率为0.8倍[6] - 2024年全年的自由现金流预期约为2.6亿美元[29] 未来展望 - 2024年全年的调整后EBITDA预期为3.87亿至3.89亿美元[29] - 预计调整后EBITDA利润率将同比扩展250个基点至约270个基点[29] 股东回报 - 公司已回购5000万美元的股票（共计160万股）[5]

Zurn Water (ZWS) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.25%. A quarter ago, it was expected that this motion control and water management company would post earnings of $0.32 per share when it actually produced earnings of $0.33, delivering a surprise of 3.13%.Over the last ...

公司合并与重组 - 公司完成与Elkay Manufacturing Company的合并,更名为Zurn Elkay Water Solutions Corporation[89] - 公司剥离了包含石棉负债的子公司Zurn Industries,不再承担相关的索赔责任[87] - 公司持续执行重组计划,优化运营效率和制造能力[92] 财务表现 - 第三季度销售额为4.10亿美元,同比增长2.9%[93] - 第三季度营业利润为7,020万美元,占销售额17.1%,同比提升200个基点[94] - 前三季度销售额为11.96亿美元,同比增长1.9%[100] - 前三季度营业利润为1.95亿美元,占销售额16.3%,同比提升280个基点[101] - 利息费用净额下降,主要由于现金余额增加和提前偿还6,000万美元贷款[95,102] - 第三季度净利润为4,350万美元,同比增长[99] - 第三季度每股摊薄收益为0.25美元,同比增长[99] - 公司第三季度净收入为1.238亿美元，同比增长25.3%[106] - 第三季度每股摊薄净收益为0.71美元，同比增长26.8%[106] - 第三季度调整后EBITDA为2.993亿美元[111] - 第三季度净负债率为0.89倍，低于5.00倍的最大限值[112] - 第三季度其他费用净额为450万美元，同比增加36.4%[103] - 第三季度所得税费用为4.24亿美元，同比增加21.8%[105] - 第三季度来自已终止经营的净收益为100万美元，同比下降87.7%[106] 资金管理 - 公司主要通过经营活动现金流、现金及现金等价物以及银行授信额度为业务提供资金支持[117] - 公司第三季度现金及现金等价物为1.879亿美元，银行授信额度为1.887亿美元[117] - 公司认为现有资金来源能满足短期和长期需求[117] - 经营活动产生的净现金流为2.299亿美元和1.957亿美元，分别为2024年9月30日和2023年9月30日止9个月[118] - 投资活动使用的现金为1.11亿美元和660万美元，分别为2024年9月30日和2023年9月30日止9个月[118] - 融资活动使用的现金为1.658亿美元和1.415亿美元，分别为2024年9月30日和2023年9月30日止9个月[118] - 截至2024年9月30日，公司总债务为4.956亿美元，包括4.746亿美元的长期贷款和2.1亿美元的融资租赁[119] 内部控制 - 公司维持了有效的披露控制和程序，并认为截至2024年9月30日其披露控制和程序是充分有效的[124]

Exhibit 99.1 | --- | --- | --- | |---------------------------|-------------------------------------------------------|-------| | | Press Release | | | October 29, 2024 | Contact Information: | | | For Immediate Release | Dave Pauli Chief Financial Officer 414.223.7770 | | Zurn Elkay Water Solutions Reports Third Quarter 2024 Financial Results Investor call scheduled for Wednesday, October 30, 2024 at 8:30 a.m. Eastern Time MILWAUKEE, WI (USA) - Zurn Elkay Water Solutions Corporation (NYSE:ZWS) Third Quarter ...

Have you been paying attention to shares of Zurn Water (ZWS) ? Shares have been on the move with the stock up 7.8% over the past month. The stock hit a new 52-week high of $34.94 in the previous session. Zurn Water has gained 15.7% since the start of the year compared to the 9.7% move for the Zacks Industrial Products sector and the 11.2% return for the Zacks Manufacturing - Electronics industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn't mis ...

Zurn Elkay Water Solutions Corporation (ZWS) shares rallied 7.7% in the last trading session to close at $32. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 2.1% loss over the past four weeks. Zurn Elkay's rally is primarily driven by optimism about the strong momentum in its water management business. Strength across the company's commercial and institutional end markets, along with the growing popularity f ...