Waters Corp. [WAT] stock is trading at $361.00, up 3.44%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WAT shares have gain 6.99% over the last week, with a monthly amount glided 9.27%, and seem to be holding up well over a long-time horizon.
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On 26, February 2024, Waters Announces Seamless HPLC/UPLC Data Bridge for Light Scattering, Integrating Essential Instruments for Large Molecule Characterization. In a post published today on Yahoo Finance, News Summary:.
From an analyst’s perspective:
Waters Corp. [NYSE: WAT] stock has seen the most recent analyst activity on November 13, 2023, when Barclays downgraded its rating to a Underweight and also revised its price target to $230 from $270. Previously, Bernstein started tracking the stock with Mkt Perform rating on September 28, 2023, and set its price target to $280. On July 31, 2023, downgrade downgraded it’s rating to In-line and revised its price target to $270 on the stock. Barclays downgraded its rating to a Equal Weight but stick to its price target of $275 on July 31, 2023. Deutsche Bank initiated its recommendation with a Hold and recommended $350 as its price target on December 14, 2022. Credit Suisse started tracking with a Neutral rating for this stock on August 25, 2022, and assigned it a price target of $345. In a note dated July 20, 2022, UBS initiated an Neutral rating and provided a target price of $349 on this stock.
Waters Corp. [WAT] stock has fluctuated between $231.90 and $352.27 over the past year. Currently, Wall Street analysts expect the stock to reach $340 within the next 12 months. Waters Corp. [NYSE: WAT] shares were valued at $361.00 at the most recent close of the market. An investor can expect a potential drop of -5.82% based on the average WAT price forecast.
Analyzing the WAT fundamentals
Waters Corp. [NYSE:WAT] reported sales of 2.96B for the trailing twelve months, which represents a drop of -4.55%. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.28%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.75 and Total Capital is 0.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 353.51 points at the first support level, and at 346.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 364.79, and for the 2nd resistance point, it is at 368.58.
Waters Corp. [WAT] reported earnings per share of $3.62 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $3.55/share, meaning a difference of $0.07 and a surprise factor of 2.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $2.84 per share as compared to estimates of $2.55 per share, a difference of $0.29 representing a surprise of 11.40%.
Ratios To Look Out For
For context, Waters Corp.’s Current Ratio is 2.22. As well, the Quick Ratio is 1.57, while the Cash Ratio is 0.5. Considering the valuation of this stock, the price to sales ratio is 7.23, the price to book ratio is 18.57 and price to earnings (TTM) ratio is 33.29.
Transactions by insiders
Recent insider trading involved KUEBLER CHRISTOPHER A, Director, that happened on Aug 04 ’23 when 4000.0 shares were sold.
