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Waters (WAT) Competitors

$302.09
+1.54 (+0.51%)
(As of 06/7/2024 ET)

WAT vs. A, MTD, ILMN, TECH, CRL, BRKR, BIO, PACB, LIFE, and HBIO

Should you be buying Waters stock or one of its competitors? The main competitors of Waters include Agilent Technologies (A), Mettler-Toledo International (MTD), Illumina (ILMN), Bio-Techne (TECH), Charles River Laboratories International (CRL), Bruker (BRKR), Bio-Rad Laboratories (BIO), Pacific Biosciences of California (PACB), aTyr Pharma (LIFE), and Harvard Bioscience (HBIO). These companies are all part of the "life sciences tools & services" industry.

Waters vs.

Waters (NYSE:WAT) and Agilent Technologies (NYSE:A) are both large-cap medical companies, but which is the better business? We will compare the two companies based on the strength of their earnings, institutional ownership, risk, dividends, valuation, profitability, community ranking, media sentiment and analyst recommendations.

Waters has a beta of 0.97, indicating that its stock price is 3% less volatile than the S&P 500. Comparatively, Agilent Technologies has a beta of 1.07, indicating that its stock price is 7% more volatile than the S&P 500.

Waters currently has a consensus target price of $307.20, suggesting a potential upside of 1.69%. Agilent Technologies has a consensus target price of $136.50, suggesting a potential upside of 2.65%. Given Agilent Technologies' stronger consensus rating and higher possible upside, analysts clearly believe Agilent Technologies is more favorable than Waters.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Waters
1 Sell rating(s)
10 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.91
Agilent Technologies
1 Sell rating(s)
6 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.50

In the previous week, Agilent Technologies had 15 more articles in the media than Waters. MarketBeat recorded 24 mentions for Agilent Technologies and 9 mentions for Waters. Agilent Technologies' average media sentiment score of 0.47 beat Waters' score of 0.45 indicating that Agilent Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Waters
3 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Agilent Technologies
11 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Agilent Technologies has higher revenue and earnings than Waters. Waters is trading at a lower price-to-earnings ratio than Agilent Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Waters$2.96B6.06$642.23M$10.1929.65
Agilent Technologies$6.59B5.89$1.24B$4.2331.44

Agilent Technologies received 425 more outperform votes than Waters when rated by MarketBeat users. Likewise, 71.64% of users gave Agilent Technologies an outperform vote while only 54.24% of users gave Waters an outperform vote.

CompanyUnderperformOutperform
WatersOutperform Votes
429
54.24%
Underperform Votes
362
45.76%
Agilent TechnologiesOutperform Votes
854
71.64%
Underperform Votes
338
28.36%

Waters has a net margin of 20.75% compared to Agilent Technologies' net margin of 18.84%. Waters' return on equity of 66.59% beat Agilent Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Waters20.75% 66.59% 14.96%
Agilent Technologies 18.84%26.25%14.45%

94.0% of Waters shares are owned by institutional investors. Comparatively, 87.4% of Agilent Technologies shares are owned by institutional investors. 0.8% of Waters shares are owned by company insiders. Comparatively, 0.3% of Agilent Technologies shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

Agilent Technologies beats Waters on 11 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding WAT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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WAT vs. The Competition

MetricWatersAnalytical instruments IndustryMedical SectorNYSE Exchange
Market Cap$17.92B$5.19B$5.26B$17.70B
Dividend YieldN/A0.42%2.74%3.55%
P/E Ratio29.6530.91140.1225.67
Price / Sales6.064.782,403.0614.45
Price / Cash20.6037.4135.3920.21
Price / Book15.533.084.984.99
Net Income$642.23M-$10.98M$110.61M$975.94M
7 Day Performance-2.20%-2.78%-1.08%-1.87%
1 Month Performance-6.70%-5.95%-0.68%-0.74%
1 Year Performance20.90%-29.80%2.90%8.66%

Waters Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
A
Agilent Technologies
4.7233 of 5 stars
$132.98
+0.1%
$136.50
+2.6%
+15.9%$38.80B$6.83B31.4418,100Insider Selling
MTD
Mettler-Toledo International
3.9682 of 5 stars
$1,438.58
+0.0%
$1,256.25
-12.7%
+11.0%$30.73B$3.79B40.3417,300
ILMN
Illumina
4.7073 of 5 stars
$113.70
-0.9%
$161.24
+41.8%
-43.9%$18.27B$4.49B-13.959,300Analyst Forecast
News Coverage
TECH
Bio-Techne
3.9423 of 5 stars
$77.63
-1.5%
$81.00
+4.3%
-2.1%$12.23B$1.14B61.613,050Positive News
CRL
Charles River Laboratories International
4.8938 of 5 stars
$214.79
-3.1%
$256.38
+19.4%
+5.7%$11.06B$4.13B25.2721,800Analyst Forecast
News Coverage
BRKR
Bruker
4.8795 of 5 stars
$64.70
-0.4%
$85.00
+31.4%
-12.6%$9.40B$2.96B23.539,707
BIO
Bio-Rad Laboratories
4.8242 of 5 stars
$287.02
-0.7%
$436.67
+52.1%
-20.2%$8.19B$2.67B-27.708,030
PACB
Pacific Biosciences of California
2.4152 of 5 stars
$2.01
-2.0%
$6.38
+217.2%
-85.6%$547.44M$200.52M-1.76796Gap Down
LIFE
aTyr Pharma
3.3872 of 5 stars
N/A$23.67
+∞
N/A$131.12M$350,000.000.0056
HBIO
Harvard Bioscience
1.844 of 5 stars
$2.94
-1.3%
N/A-49.9%$127.68M$112.25M-14.70391Positive News

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This page (NYSE:WAT) was last updated on 6/9/2024 by MarketBeat.com Staff

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