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Waters Corp. (WAT)
NYSE:WAT
Waters (WAT) Stock Price & Analysis
330 Followers
WAT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$231.90 - $363.80
Previous Close$349.28
Volume344.10K
Average Volume (3M)419.39K
Market Cap
$20.72B
Enterprise Value$22.77B
Total Cash (Recent Filing)$395.97M
Total Debt (Recent Filing)$2.44B
Price to Earnings (P/E)34.3
Beta1.10
Next Earnings
Jul 30, 2024EPS Estimate
$2.59Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)10.19
Shares Outstanding59,319,699
10 Day Avg. Volume562,454
30 Day Avg. Volume419,394
Standard Deviation0.09
R-Squared0.35
Alpha-0.00009
Financial Highlights & Ratios
Price to Book (P/B)-26.75
Price to Sales (P/S)7.01
Price to Cash Flow (P/CF)22.60
P/FCF Ratio24.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.70
Enterprise Value/Gross Profit12.93
Enterprise Value/Ebitda23.54
Forecast
1Y Price Target
$325.56Price Target Upside-9.31% Downside
Rating ConsensusHold
Number of Analyst Covering9
Waters News
PremiumMarket News
SPY ETF Update, 5/15/2024 
Bulls Say, Bears Say
Bulls Say
Financial PerformanceWAT reported revenue roughly in line with EPS coming in above expectations driven by strong pricing, product mix and cost efficiencies.
Market TrendsManagement points to encouraging trends in pharma/biotech and China.
Strategic PositionWaters is the only standalone LC-MS company with a strong position in biopharma QA/QC.
Bears Say
Earnings Guidance2Q24 guidance includes an organic constant currency sales decline of (6%) to (4%) and adj. EPS of $2.50 to $2.60, below analyst expectations.
Investment RecommendationAnalyst recommends staying on the sidelines until China headwinds bottom out and instrument recovery timing becomes more clear.
Market OutlookWaters (WAT) reported organic sales down -9% and a sharp decline in instrument sales at -25%, indicating a potential slowdown in the sector.
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Ownership Overview
7.61% Insiders
24.78% Mutual Funds
46.92% Other Institutional Investors
20.69% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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WAT FAQ
What was Waters Corp.’s price range in the past 12 months?
Waters Corp. lowest stock price was $231.90 and its highest was $363.80 in the past 12 months.
What is Waters Corp.’s market cap?
Currently, no data Available
When is Waters Corp.’s upcoming earnings report date?
Waters Corp.’s upcoming earnings report date is Jul 30, 2024 which is in 76 days.
How were Waters Corp.’s earnings last quarter?
Waters Corp. released its earnings results on May 07, 2024. The company reported $2.21 earnings per share for the quarter, beating the consensus estimate of $2.094 by $0.116.
Is Waters Corp. overvalued?
According to Wall Street analysts Waters Corp.’s price is currently Overvalued.
Does Waters Corp. pay dividends?
Waters Corp. does not currently pay dividends.
What is Waters Corp.’s EPS estimate?
Waters Corp.’s EPS estimate is $2.59.
How many shares outstanding does Waters Corp. have?
Waters Corp. has 59,319,700 shares outstanding.
What happened to Waters Corp.’s price movement after its last earnings report?
Waters Corp. reported an EPS of $2.21 in its last earnings report, beating expectations of $2.094. Following the earnings report the stock price went up 1.938%.
Which hedge fund is a major shareholder of Waters Corp.?
Among the largest hedge funds holding Waters Corp.’s share is Generation Investment Management LLP. It holds Waters Corp.’s shares valued at 542M.
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Waters Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$325.56 (-9.31% Downside)
$325.56 (-9.31% Downside)
Blogger Sentiment
Bullish
WAT Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 962.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $177.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 0.9%
Last 30 Days ▲ 0.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
28.88%
12-Months-Change
Fundamentals
Return on Equity
65.02%
Trailing 12-Months
Asset Growth
36.35%
Trailing 12-Months
Company Description
Waters Corp.
Waters Corp. is a measurement company, which engages in the analytical workflow solutions involving liquid chromatography, mass spectrometry and thermal analysis innovations. It operates through Waters and TA segments. The Waters segment designs, manufactures, distributes and services liquid chromatography and ultra performance liquid chromatography instruments, columns and other chemistry consumables that can be integrated and used along with other analytical instruments. The TA Instruments segment designs, manufactures, distributes and services thermal analysis, rheometry and calorimetry instruments. The company was founded by James Logan Waters in 1958 and is headquartered in Milford, MA.
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WAT Company Deck
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WAT Earnings Call
Q1 2024
0:00 / 0:00
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WAT Revenue Breakdown
37.50% Waters instrument systems
32.18% Waters service
18.32% Chemistry consumables
8.55% TA instrument systems
3.45% TA service
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WAT Stock 12 Month Forecast
Average Price Target
$325.56
▼(-9.31% Downside)
Technical Analysis
Best Analysts Covering WAT
1 Year
1 Year Success Rate
3/16 ratings generated profit
1 Year Average Return
-13.06%
reiterated a sell rating 8 days ago
Copying Luke Sergott's trades and holding each position for 1 Year would result in 18.75% of your transactions generating a profit, with an average return of -13.06% per trade.
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