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Waters Corp. (WAT)
NYSE:WAT
Holding WAT?
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WAT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$231.90 - $367.21
Previous Close$302.4
Volume276.32K
Average Volume (3M)504.10K
Market Cap
$17.94B
Enterprise Value$19.98B
Total Cash (Recent Filing)$395.97M
Total Debt (Recent Filing)$2.44B
Price to Earnings (P/E)29.7
Beta1.24
Next Earnings
Jul 31, 2024EPS Estimate
$2.57Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)10.19
Shares Outstanding59,319,699
10 Day Avg. Volume531,975
30 Day Avg. Volume504,098
Standard Deviation0.09
R-Squared0.34
Alpha-0.00084
Financial Highlights & Ratios
Price to Book (P/B)14.97
Price to Sales (P/S)5.82
Price to Cash Flow (P/CF)18.70
P/FCF Ratio19.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.76
Enterprise Value/Gross Profit11.35
Enterprise Value/Ebitda20.66
Forecast
1Y Price Target
$319.00Price Target Upside5.30% Upside
Rating ConsensusHold
Number of Analyst Covering10
Waters News
Bulls Say, Bears Say
Bulls Say
Budget ConstraintsWAT saw budget constraints ease as the quarter progressed, with budgets being released late in the quarter.
Customer TrendsCustomer conversations and order patterns are becoming increasingly positive and look to the upcoming quarter for revenue realization on positive trends.
Replacement CycleManagement believes that it is now in the early stages of a replacement cycle for its global LC install base, representing a potential multi-year growth driver.
Bears Say
EarningsWAT’s 2Q24 guide came in below expectations, despite increasingly positive customer conversations and the potential for a strong LC replacement cycle given the pent-up demand of aging instrument fleets, particularly throughout China as stimulus talks are positive.
Market PerformanceChina weakness was broad-based across pharma, industrial, and academic/government markets, with China declining ~28% overall.
RevenueWAT pointed 2Q revenue/EPS below Street, implying a steep 2H24 ramp compared to historical trends.
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Ownership Overview
7.63% Insiders
25.37% Mutual Funds
27.00% Other Institutional Investors
40.01% 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 $367.21 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 31, 2024 which is 143 days ago.
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 Undervalued.
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 $2.57.
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 526M.
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Waters Stock Smart Score
Unlock Smart Score
1
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5
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8
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10
Analyst Consensus
Hold
Average Price Target:
$319.00 (5.30% Upside)
$319.00 (5.30% Upside)
Blogger Sentiment
Bullish
WAT Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 116.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.7%
Last 30 Days <0.1%
Last 30 Days <0.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
12.44%
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
$319.00
▲(5.30% Upside)
Technical Analysis
Best Analysts Covering WAT
1 Year
1 Year Success Rate
7/17 ratings generated profit
1 Year Average Return
-7.87%
reiterated a sell rating 6 months ago
Copying Luke Sergott's trades and holding each position for 1 Year would result in 41.18% of your transactions generating a profit, with an average return of -7.87% per trade.
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