Zurn Elkay Water Executives Sell Shares Amid Company's Financial Growth

Recent insider selling at Zurn Elkay Water contrasts with the company's positive financial performance and market overvaluation concerns.

Zurn Elkay Water sees insider selling activity with Timothy J Jahnke, Thomas Christopoul, and CEO Todd A Adams offloading shares.
The company reported a positive revenue growth rate of 4.85% as of December 31, 2023, outperforming industry peers.
Zurn Elkay Water maintains a high gross margin of 43.69%, indicating strong cost control and profitability.
Despite positive revenue growth, Zurn Elkay Water's EPS remains below industry average, suggesting potential challenges in earnings.
The company's valuation metrics, including a high P/E ratio of 54.8 and a high EV/EBITDA ratio of 21.84, suggest market overvaluation.