Skylands Capital LLC purchased a new position in shares of Evoqua Water Technologies Corp (NYSE:AQUA) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 40,950 shares of the company’s stock, valued at approximately $971,000.
A number of brokerages have issued reports on AQUA. Citigroup began coverage on shares of Evoqua Water Technologies in a research note on Monday, November 27th. They issued a “buy” rating and a $26.00 price target on the stock. Stifel Nicolaus began coverage on shares of Evoqua Water Technologies in a research report on Monday, November 27th. They set a “hold” rating and a $23.00 target price on the stock. Raymond James Financial began coverage on shares of Evoqua Water Technologies in a report on Monday, November 27th. They set an “outperform” rating and a $25.00 price target for the company. Royal Bank of Canada restated a “buy” rating and set a $27.00 price target on shares of Evoqua Water Technologies in a report on Thursday, January 4th. Finally, Goldman Sachs Group began coverage on shares of Evoqua Water Technologies in a research note on Monday, November 27th. They issued a “neutral” rating and a $22.00 price objective for the company. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Evoqua Water Technologies has a consensus rating of “Buy” and an average price target of $24.63.
Evoqua Water Technologies Corp (NYSE:AQUA) traded up $0.08 on Friday, reaching $20.82. 174,550 shares of the company’s stock were exchanged, compared to its average volume of 338,309. The stock has a market cap of $2,420.00 and a P/E ratio of 208.20. Evoqua Water Technologies Corp has a 1 year low of $19.10 and a 1 year high of $25.04.
Evoqua Water Technologies (NYSE:AQUA) last issued its quarterly earnings results on Tuesday, February 6th. The company reported ($0.03) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.05) by $0.02. The company had revenue of $297.05 million for the quarter, compared to the consensus estimate of $291.38 million. Evoqua Water Technologies had a negative net margin of 1.50% and a negative return on equity of 18.89%. The firm’s quarterly revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.13) EPS.
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Evoqua Water Technologies Company Profile
Evoqua Water Technologies Corp. is focused on providing water treatment solutions. The Company is offering services, systems and technologies to support customers’ full water lifecycle needs. The Company offers a comprehensive portfolio of differentiated, proprietary technology solutions. The Company operates through three segments Industrial, Municipal and Products.
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