Top Water Stocks Worth Watching – November 3rd

Coca-Cola, Waters, IDEXX Laboratories, Ecolab, American Water Works, Veralto, and Pentair are the seven Water stocks to watch today, according to MarketBeat’s stock screener tool. Water stocks are shares of publicly traded companies involved in the water industry, such as water utilities, treatment and purification firms, infrastructure providers, and equipment manufacturers. Investors may buy these stocks to gain exposure to demand for water services and infrastructure, though their performance can be affected by regulation, economic conditions, and environmental factors. These companies had the highest dollar trading volume of any Water stocks within the last several days.

Coca-Cola (KO)

The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.

KO stock traded down $0.71 during midday trading on Tuesday, reaching $95.12. The stock had a trading volume of 8,072,988 shares, compared to its average volume of 16,895,141. The company has a quick ratio of 1.12, a current ratio of 1.38 and a debt-to-equity ratio of 0.93. Coca-Cola has a twelve month low of $67.27 and a twelve month high of $96.25. The firm has a market cap of $409.19 billion, a price-to-earnings ratio of 27.98, a PEG ratio of 3.52 and a beta of 0.32. The business has a fifty day simple moving average of $89.57 and a two-hundred day simple moving average of $82.20.

Waters (WAT)

Waters Corporation provides analytical workflow solutions in Asia, the Americas, and Europe. It operates through two segments: Waters and TA. The company designs, manufactures, sells, and services high and ultra-performance liquid chromatography, as well as mass spectrometry (MS) technology systems and support products, including chromatography columns, other consumable products, and post-warranty service plans.

NYSE:WAT traded up $11.94 on Tuesday, reaching $461.47. The company’s stock had a trading volume of 1,190,704 shares, compared to its average volume of 966,808. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.29 and a current ratio of 1.86. The firm has a market cap of $45.34 billion, a PE ratio of 115.19, a PEG ratio of 2.77 and a beta of 1.16. Waters has a 1-year low of $282.77 and a 1-year high of $482.28. The business’s 50-day moving average price is $431.15 and its two-hundred day moving average price is $370.83.

IDEXX Laboratories (IDXX)

IDEXX Laboratories, Inc. develops, manufactures, and distributes products primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets in Africa, the Asia Pacific, Canada, Europe, Latin America, and internationally. The company operates through three segments: Companion Animal Group; Water Quality Products; and Livestock, Poultry and Dairy.

NASDAQ:IDXX traded up $4.83 on Tuesday, hitting $676.48. 440,083 shares of the company’s stock were exchanged, compared to its average volume of 574,406. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.17 and a quick ratio of 0.87. The firm has a 50-day moving average price of $536.56 and a 200-day moving average price of $573.88. The company has a market cap of $53.29 billion, a P/E ratio of 47.54 and a beta of 1.55. IDEXX Laboratories has a 52 week low of $500.61 and a 52 week high of $769.98.

Ecolab (ECL)

Ecolab Inc. provides water, hygiene, and infection prevention solutions and services in the United States and internationally. The company operates through three segments: Global Industrial; Global Institutional & Specialty; and Global Healthcare & Life Sciences. The Global Industrial segment offers water treatment and process applications, and cleaning and sanitizing solutions to manufacturing, food and beverage processing, transportation, chemical, metals and mining, power generation, pulp and paper, commercial laundry, petroleum, refining, and petrochemical industries.

NYSE ECL traded down $4.01 during trading hours on Tuesday, hitting $304.37. 667,785 shares of the company traded hands, compared to its average volume of 1,450,876. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.57 and a current ratio of 1.11. The business’s 50-day moving average is $282.55 and its 200-day moving average is $276.31. The stock has a market capitalization of $85.32 billion, a price-to-earnings ratio of 41.41, a P/E/G ratio of 2.84 and a beta of 0.87. Ecolab has a twelve month low of $243.15 and a twelve month high of $310.00.

American Water Works (AWK)

American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems.

Shares of AWK traded down $0.72 during midday trading on Tuesday, reaching $146.71. The stock had a trading volume of 1,044,617 shares, compared to its average volume of 1,995,407. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 1.20. The firm has a 50 day simple moving average of $135.80 and a 200-day simple moving average of $132.52. The firm has a market cap of $29.21 billion, a PE ratio of 25.43, a P/E/G ratio of 2.85 and a beta of 0.58. American Water Works has a one year low of $120.57 and a one year high of $148.15.

Veralto (VLTO)

Veralto Corporation provides water analytics, water treatment, marking and coding, and packaging and color services worldwide. It operates through two segments, Water Quality (WQ) and Product Quality & Innovation (PQI). The WQ segment offers precision instrumentation and water treatment technologies to measure, analyze, and treat water in residential, commercial, municipal, industrial, research, and natural resource applications through the Hach, Trojan Technologies, and ChemTreat brands.

Veralto stock traded up $0.96 during mid-day trading on Tuesday, hitting $116.67. 1,262,901 shares of the company’s stock traded hands, compared to its average volume of 1,978,341. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.78 and a quick ratio of 1.61. The firm has a 50 day simple moving average of $98.56 and a two-hundred day simple moving average of $93.20. Veralto has a fifty-two week low of $80.03 and a fifty-two week high of $117.05. The stock has a market cap of $28.44 billion, a price-to-earnings ratio of 28.86, a P/E/G ratio of 2.91 and a beta of 0.62.

Pentair (PNR)

Pentair plc provides various water solutions in the United States, Western Europe, China, Eastern Europe, Latin America, the Middle East, Southeast Asia, Australia, Canada, and Japan. The company operates through three segments: Flow, Water Solutions, and Pool. The Flow segment designs, manufactures, and sells fluid treatment and pump products and systems, including pressure vessels, gas recovery solutions, membrane bioreactors, wastewater reuse systems and advanced membrane filtration, separation systems, water disposal pumps, water supply pumps, fluid transfer pumps, turbine pumps, solid handling pumps, and agricultural spray nozzles for fluid delivery, ion exchange, desalination, food and beverage, separation technologies in the oil and gas industry, residential and municipal wells, water treatment, wastewater solids handling, pressure boosting, circulation and transfer, fire suppression, flood control, agricultural irrigation, and crop spray in residential, commercial, and industrial markets.

Shares of NYSE:PNR traded down $1.30 on Tuesday, hitting $69.25. The company had a trading volume of 1,467,782 shares, compared to its average volume of 2,545,087. The stock has a market cap of $11.06 billion, a price-to-earnings ratio of 18.36, a P/E/G ratio of 1.62 and a beta of 1.04. The stock has a 50 day moving average price of $56.88 and a 200 day moving average price of $76.28. Pentair has a 1-year low of $51.13 and a 1-year high of $109.89. The company has a current ratio of 1.47, a quick ratio of 0.76 and a debt-to-equity ratio of 0.38.