Evoqua Stock Today

AQUA
 Stock
  

USD 43.17  1.09  2.46%   

Market Performance
8 of 100
Odds Of Distress
Less than 11
Evoqua Water is trading at 43.17 as of the 6th of December 2022, a -2.46 percent decrease since the beginning of the trading day. The stock's open price was 44.26. Evoqua Water has less than a 11 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Evoqua Water Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of December 2021 and ending today, the 6th of December 2022. Click here to learn more.
CUSIP
30057T105
Fiscal Year End
September
Business Domain
Capital Goods
IPO Date
2nd of November 2017
Category
Industrials
Classification
Industrials
Evoqua Water Technologies Corp. provides water and wastewater treatment systems and technologies, and mobile and emergency water supply solutions and contract services for industrial, commercial, and municipal water treatment markets in the United States and internationally. The company has 121.81 M outstanding shares of which 2.59 M shares are presently shorted by private and institutional investors with about 3.65 trading days to cover. More on Evoqua Water Technologies

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Follow Valuation Options Odds of Bankruptcy
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Evoqua Water Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Evoqua Water's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Evoqua Water or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Evoqua Water has very high historical volatility over the last 90 days
Over 99.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: Q2 2023 Earnings Estimate for Evoqua Water Technologies Corp. Issued By Jefferies Financial Group - MarketBeat
CEORonald Keating
Thematic IdeaRecycling (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering Evoqua Water report their recommendations after researching Evoqua Water's financial statements, talking to executives and customers, or listening in on Evoqua Water's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Evoqua Water Technologies. The Evoqua consensus assessment is calculated by taking the average forecast from all of the analysts covering Evoqua Water.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Evoqua Water Technologies based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Evoqua Water Technologies financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted113.6 M124.9 M
Significantly Down
Increasing
Slightly volatile
Weighted Average Shares110.4 M121.1 M
Significantly Down
Increasing
Slightly volatile
Return on Average Assets3.843.5568
Significantly Up
Increasing
Slightly volatile
Net Cash Flow from Operations195.7 M181.4 M
Significantly Up
Increasing
Slightly volatile
Current Liabilities395.2 M483.7 M
Significantly Down
Increasing
Slightly volatile
Total Liabilities1.3 B1.5 B
Fairly Down
Increasing
Slightly volatile
Gross Margin28.130.8552
Significantly Down
Increasing
Slightly volatile
Total Debt952.5 M898.3 M
Notably Up
Increasing
Slightly volatile
Asset Turnover0.950.8558
Significantly Up
Decreasing
Slightly volatile
Current Assets691.3 M831.4 M
Significantly Down
Increasing
Slightly volatile
Total Assets1.8 B2.2 B
Fairly Down
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Evoqua Water's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyFairly Valued
Financial Strength
Evoqua Water's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Evoqua Water's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Evoqua Water's financial leverage. It provides some insight into what part of Evoqua Water's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Evoqua Water's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Evoqua Water deploys its capital and how much of that capital is borrowed.
Liquidity
Evoqua Water cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 863.53 M in liabilities with Debt to Equity (D/E) ratio of 1.3, which is about average as compared to similar companies. Evoqua Water Technologies has a current ratio of 1.69, which is within standard range for the sector. Debt can assist Evoqua Water until it has trouble settling it off, either with new capital or with free cash flow. So, Evoqua Water's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Evoqua Water Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Evoqua to invest in growth at high rates of return. When we think about Evoqua Water's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

195.72 Million
Evoqua Water Technologies (AQUA) is traded on New York Stock Exchange in USA and employs 4,500 people. Evoqua Water is listed under Industrial Machinery category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with current market capitalization of 5.26 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Evoqua Water's market, we take the total number of its shares issued and multiply it by Evoqua Water's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Evoqua Water Technologies conducts business under Machinery sector and is part of Industrials industry. The entity has 121.81 M outstanding shares of which 2.59 M shares are presently shorted by private and institutional investors with about 3.65 trading days to cover. Evoqua Water Technologies currently holds about 134 M in cash with 181.4 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.1.
Check Evoqua Water Probability Of Bankruptcy
Ownership
Evoqua Water Technologies retains a total of 121.81 Million outstanding shares. The majority of Evoqua Water Technologies outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Evoqua Water Technologies to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Evoqua Water. Please pay attention to any change in the institutional holdings of Evoqua Water Technologies as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Evoqua Ownership Details

Evoqua Stock Price Odds Analysis

What are Evoqua Water's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Evoqua Water jumping above the current price in 90 days from now is about 6.47%. The Evoqua Water Technologies probability density function shows the probability of Evoqua Water stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5711. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Evoqua Water will likely underperform. Additionally, the company has an alpha of 0.2588, implying that it can generate a 0.26 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 43.17HorizonTargetOdds Above 43.17
93.48%90 days
 43.17 
6.47%
Based on a normal probability distribution, the odds of Evoqua Water to move above the current price in 90 days from now is about 6.47 (This Evoqua Water Technologies probability density function shows the probability of Evoqua Stock to fall within a particular range of prices over 90 days) .

Evoqua Water Historical Income Statement

Evoqua Water Technologies Income Statement is one of the three primary financial statements used for reporting Evoqua's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Evoqua Water Technologies revenue and expense. Evoqua Water Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Evoqua Water Consolidated Income is projected to increase significantly based on the last few years of reporting. The past year's Consolidated Income was at 59.41 Million. The current year Interest Expense is expected to grow to about 50.2 M, whereas Direct Expenses is forecasted to decline to about 1 B. View More Fundamentals

Evoqua Stock Against Markets

Picking the right benchmark for Evoqua Water stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Evoqua Water stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Evoqua Water is critical whether you are bullish or bearish towards Evoqua Water Technologies at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Evoqua Water without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Evoqua Water Corporate Directors

Evoqua Water corporate directors refer to members of an Evoqua Water board of directors. The board of directors generally takes responsibility for the Evoqua Water's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Evoqua Water's board members must vote for the resolution. The Evoqua Water board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Lynn Swann - Independent DirectorProfile
Vinay Kumar - DirectorProfile
Nick Bhambri - Independent DirectorProfile
Peter Wilver - Independent DirectorProfile

Invested in Evoqua Water Technologies?

The danger of trading Evoqua Water Technologies is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Evoqua Water is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Evoqua Water. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Evoqua Water Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. You can also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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Is Evoqua Water's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Evoqua Water. If investors know Evoqua will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Evoqua Water listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.5
Market Capitalization
5.3 B
Quarterly Revenue Growth YOY
0.19
Return On Assets
0.0361
Return On Equity
0.11
The market value of Evoqua Water Technologies is measured differently than its book value, which is the value of Evoqua that is recorded on the company's balance sheet. Investors also form their own opinion of Evoqua Water's value that differs from its market value or its book value, called intrinsic value, which is Evoqua Water's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Evoqua Water's market value can be influenced by many factors that don't directly affect Evoqua Water's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Evoqua Water's value and its price as these two are different measures arrived at by different means. Investors typically determine Evoqua Water value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evoqua Water's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.