Merilee Raines - Watts Water Independent Director

WTS Stock  USD 199.95  1.49  0.75%   

Director

Ms. Merilee Raines is an Independent Director of Watts Water Technologies, Inc. Ms. Raines served as Chief Financial Officer of IDEXX Laboratories, Inc. from October 2003 until her retirement in May 2013. Ms. Raines also served as Executive Vice President of IDEXX from July 2012 until her retirement in May 2013. Prior to becoming Chief Financial Officer, Ms. Raines held several management positions with IDEXX, including Corporationrationrate Vice President of Finance, Vice President and Treasurer of Finance, Director of Finance, and Controller. IDEXX Laboratories develops, manufactures and distributes diagnostic and information technology based products and services for companion animal, livestock, poultry, water quality and food safety, and human pointofcare diagnostics. Ms. Raines served as a member of the Board of Directors of Affymetrix, Inc., a provider of life science and molecular diagnostic products that enable analysis of biological systems at the gene, protein and cell level, from January 2015 until it was acquired in March 2016. Ms. Raines is a member of the Board of Directors of Aratana Therapeutics, Inc., a pet therapeutics company focused on licensing, developing and commercializing biopharmaceutical products for companion animals. Ms. Raines also serves as a member of the Board of Directors of Benchmark Electronics, Inc., a worldwide provider of engineering services, integrated technology solutions and electronic manufacturing services. since 2011.
Age 65
Tenure 13 years
Address 815 Chestnut Street, North Andover, MA, United States, 01845-6098
Phone978 688 1811
Webhttps://www.watts.com
Raines is also a member of the Board of Directors of Affymetrix, Inc., a provider of life science and molecular diagnostic products that enable analysis of biological systems at the gene, protein and cell level.

Merilee Raines Latest Insider Activity

Tracking and analyzing the buying and selling activities of Merilee Raines against Watts Water stock is an integral part of due diligence when investing in Watts Water. Merilee Raines insider activity provides valuable insight into whether Watts Water is net buyers or sellers over its current business cycle. Note, Watts Water insiders must abide by specific rules, including filing SEC forms every time they buy or sell Watts Water'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Watts Water Management Efficiency

The company has Return on Asset of 0.1051 % which means that on every $100 spent on assets, it made $0.1051 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1863 %, implying that it generated $0.1863 on every 100 dollars invested. Watts Water's management efficiency ratios could be used to measure how well Watts Water manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.20 in 2024, whereas Return On Capital Employed is likely to drop 0.14 in 2024. At this time, Watts Water's Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 67.7 M in 2024, whereas Other Current Assets are likely to drop slightly above 30.5 M in 2024.
The company has 298.3 M in debt with debt to equity (D/E) ratio of 0.17, which may show that the company is not taking advantage of profits from borrowing. Watts Water Technologies has a current ratio of 2.25, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Watts Water until it has trouble settling it off, either with new capital or with free cash flow. So, Watts 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 Watts Water Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Watts to invest in growth at high rates of return. When we think about Watts Water's use of debt, we should always consider it together with cash and equity.

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Watts Water Technologies, Inc. designs, manufactures, and sells products, solution, and systems that manage and conserve the flow of fluids and energy into, through and out of buildings in the commercial and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. Watts Water Technologies, Inc. was founded in 1874 and is headquartered in North Andover, Massachusetts. Watts Water operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 4597 people. Watts Water Technologies (WTS) is traded on New York Stock Exchange in USA. It is located in 815 Chestnut Street, North Andover, MA, United States, 01845-6098 and employs 5,100 people. Watts Water is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Watts Water Technologies Leadership Team

Elected by the shareholders, the Watts Water's board of directors comprises two types of representatives: Watts Water inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Watts. The board's role is to monitor Watts Water's management team and ensure that shareholders' interests are well served. Watts Water's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Watts Water's outside directors are responsible for providing unbiased perspectives on the board's policies.
Craig Kissel, Chairman of the Board, Independent Director
Monica Barry, Chief Human Resource Officer
Debra Ogston, Chief Human Resource Officer
Joseph Noonan, Director
David Dunbar, Independent Director
Ram Ramakrishnan, Executive Development
Bernard Baert, Independent Director
Joseph Reitmeier, Independent Director
Elie Melhem, President - Asia-Pacific, the Middle East & Africa
Michael Dubose, Independent Director
Richard Cathcart, Independent Director
Diane Mcclintock, SVP, FP&A and Investor Relations
Todd Trapp, CFO
Andre Dhawan, Chief Officer
Munish Nanda, President - Americas & Europe
W Kissel, Independent Chairman of the Board
Timothy MacPhee, Vice President Treasurer
Jennifer Congdon, Chief Human Resource Officer
Robert Pagano, Chairman of the Board, President, Chief Executive Officer
Pagano CMA, CEO Pres
Christopher Conway, Independent Director
Mario Sanchez, Pres for EMEA and Group Managing Director for EMEA
James Dagley, President Solutions
Shashank Patel, Chief Financial Officer
Merilee Raines, Independent Director
John McGillicuddy, Independent Chairman of the Board
Louise Goeser, Independent Director
Robert Ayers, Independent Director
Kenneth Lepage, Chief Human Resource Officer, General Counsel, Company Secretary
Virginia Halloran, Interim Chief Accounting Officer
Diane CPA, Senior Relations
Jes Hansen, Independent Director

Watts Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Watts Water a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Watts Water Technologies is a strong investment it is important to analyze Watts Water's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Watts Water's future performance. For an informed investment choice regarding Watts Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Watts Water Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
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When running Watts Water's price analysis, check to measure Watts Water's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Watts Water is operating at the current time. Most of Watts Water's value examination focuses on studying past and present price action to predict the probability of Watts Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Watts Water's price. Additionally, you may evaluate how the addition of Watts Water to your portfolios can decrease your overall portfolio volatility.
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Is Watts 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 Watts Water. If investors know Watts 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 Watts 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
(0.18)
Dividend Share
1.38
Earnings Share
7.82
Revenue Per Share
61.566
Quarterly Revenue Growth
0.091
The market value of Watts Water Technologies is measured differently than its book value, which is the value of Watts that is recorded on the company's balance sheet. Investors also form their own opinion of Watts Water's value that differs from its market value or its book value, called intrinsic value, which is Watts 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 Watts Water's market value can be influenced by many factors that don't directly affect Watts 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 Watts Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if Watts Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Watts 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.