NYSE:WAT

Waters - WAT Stock Forecast, Price & News

$271.92

-3.58 (-1.30%)

(As of 09/26/2022 02:40 PM ET)

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Today's Range: $271.52
▼
$278.40
50-Day Range: $275.12
▼
$365.55
52-Week Range: $270.36
▼
$399.81

Volume: 6,170 shs
Average Volume: 388,828 shs
Market Capitalization: $16.28 billion

P/E Ratio: 23.73
Dividend Yield: N/A
Price Target: $348.25

Waters MarketRank™ Forecast

Analyst Rating: Hold
2.17 Rating Score
Upside/Downside: 26.8% Upside
$348.25 Price Target
Short Interest: Healthy
2.00% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.15
Upright™ Environmental Score
News Sentiment: 0.00
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 8.58%
From $12.00 to $13.03 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.47 out of 5 stars

Computer And Technology Sector

235th out of 629 stocks

Analytical Instruments Industry

10th out of 27 stocks

3.1

Analyst's Opinion

Consensus Rating
Waters has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $348.25, Waters has a forecasted upside of 26.8% from its current price of $274.59.
Amount of Analyst Coverage
Waters has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.00% of the float of Waters has been sold short.
Short Interest Ratio / Days to Cover
Waters has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Waters has recently increased by 9.17%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Waters does not currently pay a dividend.
Dividend Growth
Waters does not have a long track record of dividend growth.

4.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Waters has received a 58.91% net impact score from Upright. Waters seems to create the most significant positive value in categories "Taxes", "Physical diseases", and "Jobs". The positive contribution in the "Physical diseases" impact category is mostly driven by its "Drug discovery software", "Chromatography columns", "Biochemical assay kits", "PCR machines", and "Laboratory reagents" products. See details.
Environmental Sustainability
The Environmental Impact score for Waters is -1.15.

1.7

News and Social Media Coverage

News Sentiment
Waters has a news sentiment score of 0.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.33 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Waters this week, compared to 14 articles on an average week.
Search Interest
Only 1 people have searched for WAT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
4 people have added Waters to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Waters insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.77% of the stock of Waters is held by insiders.
Percentage Held by Institutions
88.80% of the stock of Waters is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Waters are expected to grow by 8.58% in the coming year, from $12.00 to $13.03 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Waters is 23.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.73.
Price to Earnings Ratio vs. Sector
The P/E ratio of Waters is 23.96, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 330.67.
Price to Earnings Growth Ratio
Waters has a PEG Ratio of 2.99. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Waters has a P/B Ratio of 45.61. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Waters (NYSE:WAT) Stock

Waters Corporation, a specialty measurement company, provides analytical workflow solutions in Asia, the Americas, and Europe. It operates through two segments, Waters and TA. The company designs, manufactures, sells, and services high and ultra-performance liquid chromatography, as well as mass spectrometry (MS) technology systems and support products, including chromatography columns, other consumable products, and post-warranty service plans. It also designs, manufactures, sells, and services thermal analysis, rheometry, and calorimetry instruments; and develops and supplies software-based products that interface with its instruments, as well as other manufacturers' instruments. Its MS technology instruments are used in drug discovery and development comprising clinical trial testing, the analysis of proteins in disease processes, nutritional safety analysis, and environmental testing. The company offers thermal analysis, rheometry, and calorimetry instruments for use in predicting the suitability and stability of fine chemicals, pharmaceuticals, water, polymers, metals, and viscous liquids for various industrial, consumer good, and healthcare products, as well as for life science research. Its products are used by life science, pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic, and governmental customers working in research and development, quality assurance, and other laboratory applications. Waters Corporation was founded in 1958 and is headquartered in Milford, Massachusetts.

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WAT Stock News Headlines

August 26, 2022 | marketbeat.com

EPA to designate 'forever chemicals' as hazardous substances

The Environmental Protection Agency says it's designating some toxic industrial compounds used in household goods as hazardous substances under the Superfund law

September 26, 2022 | washingtonpost.com

Roger Waters concerts canceled in Poland after letter to Olena Zelenska - The Washington Post

September 25, 2022 | fool.com

Can This Move Help Peloton Stock Paddle Out of Turbulent Waters? - The Motley Fool

September 25, 2022 | cnn.com

North Korea fires ballistic missile into waters off east coast of Korean peninsula - CNN

September 22, 2022 | usnews.com

34 Dead, 14 Rescued From Migrant Boat in Syrian Waters -Official - U.S. News & World Report

September 21, 2022 | reuters.com

Fed set for big rate hike as waters get choppy for world's central banks - Reuters

September 20, 2022 | cnn.com

Trump continues to muddy the waters on whether documents seized from Mar-a-Lago are classified - CNN

September 20, 2022 | americanbankingnews.com

Waters Co. (NYSE:WAT) Receives Consensus Rating of "Hold" from Brokerages

September 19, 2022 | cnn.com

Opinion: The country that is showing the world how to save water - CNN

September 18, 2022 | abcnews.go.com

Flood waters receding after storm batters western Alaska - ABC News

September 18, 2022 | bloomberg.com

Poland Opens New Canal to Baltic Sea to Bypass Russian Waters - Bloomberg

September 18, 2022 | reuters.com

Haiti unrest worsens misery as residences face water shortage - Reuters Canada

September 17, 2022 | latimes.com

L.A. is conserving water at record levels, but it's not enough as drought worsens - Los Angeles Times

September 16, 2022 | cnn.com

The upstream water used to keep Lake Powell afloat is running out - CNN

September 16, 2022 | reuters.com

Children, women hit by disease in Pakistan's stagnant waters after floods - Reuters.com

September 15, 2022 | cnn.com

Boil water notice lifted for Jackson, Mississippi, after more than 40 days - CNN

September 15, 2022 | bloomberg.com

Indonesia Waters Down Its Year-Old Ban on New Coal Power Plants - Bloomberg

September 12, 2022 | cnn.com

The EPA is investigating the Jackson, Mississippi, water crisis as residents remain under a boil-water advisory. Here's what it would take to end it - CNN

September 12, 2022 | cnn.com

Another Democratic candidate pours cold water on Joe Biden 2024 - CNN

September 12, 2022 | benzinga.com

Waters (NYSE:WAT) – 4 Analysts Have This to Say About Waters - Benzinga

September 12, 2022 | markets.businessinsider.com

Where Waters Stands With Analysts

September 11, 2022 | msn.com

From Roger Waters to Roxy Music: 5 shows we can’t wait to see this fall

September 11, 2022 | abcnews.go.com

Waters rushes for 2 TDs, Duke beats Northwestern 31-23

September 10, 2022 | washingtonpost.com

Waters rushes for 2 TDs, Duke beats Northwestern 31-23 - The Washington Post

September 10, 2022 | nytimes.com

Arsenic in N.Y.C. Water Sample Came From Testing Error, Lab Says - The New York Times

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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WAT Company Calendar

Last Earnings: 8/02/2022
Today: 9/26/2022
Next Earnings (Estimated): 11/01/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Analytical instruments
Sub-Industry: Life Sciences Tools & Services
Sector: Computer and Technology
Current Symbol: NYSE:WAT
CUSIP: 94184810
CIK: 1000697
Web: www.waters.com
Phone: (508) 478-2000
Fax: 508-872-1990
Employees: 7,800
Year Founded: 1958

Price Target and Rating

Average Stock Price Forecast: $348.25
High Stock Price Forecast: $378.00
Low Stock Price Forecast: $315.00
Forecasted Upside/Downside: +28.1%
Consensus Rating: Hold
Rating Score (0-4): 2.17
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $11.46
Trailing P/E Ratio: 23.73
Forward P/E Ratio: 22.66
P/E Growth: 2.99
Net Income: $692.84 million
Net Margins: 24.21%
Pretax Margin: 28.06%
Return on Equity: 203.31%
Return on Assets: 23.65%

Debt

Debt-to-Equity Ratio: 3.66
Current Ratio: 2.10
Quick Ratio: 1.55

Sales & Book Value

Annual Sales: $2.79 billion
Price / Sales: 5.84
Cash Flow: $13.36 per share
Price / Cash Flow: 20.35
Book Value: $6.02 per share
Price / Book: 45.17

Miscellaneous

Outstanding Shares: 59,876,000
Free Float: 59,415,000
Market Cap: $16.28 billion
Optionable: Optionable
Beta: 0.87

Social Links

Key Executives

Dr. Udit Batra Ph.D. (Age 51)
Pres, CEO & Director
Comp: $3.37M

Mr. Amol Chaubal (Age 45)
Sr. VP & CFO
Comp: $987.45k

Dr. Belinda Gaye Hyde Ph.D. (Age 51)
Sr. VP & Chief HR Officer
Comp: $1.31M

Mr. Jonathan M. Pratt (Age 52)
Sr. VP of Waters Division
Comp: $1.31M

Ms. Jianqing Y. Bennett (Age 52)
Sr. VP of TA Instruments Division
Comp: $1.11M

Mr. Christos Ross
Sr. VP of Global Operations

Caspar Tudor
Manage of Investor Relation

Ms. Keeley A. Aleman (Age 45)
Sr. VP, Gen. Counsel & Corp. Sec.

Kevin Kempskie
Sr. Director of PR

Ms. Kristen Garvey
VP of Corp. Communications

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

WAT Stock - Frequently Asked Questions

Should I buy or sell Waters stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Waters in the last year. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" WAT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WAT, but not buy additional shares or sell existing shares.
View WAT analyst ratings or view top-rated stocks.
What is Waters' stock price forecast for 2022?: 6 Wall Street analysts have issued 1-year price targets for Waters' shares. Their WAT share price forecasts range from $315.00 to $378.00. On average, they expect the company's share price to reach $348.25 in the next year. This suggests a possible upside of 26.4% from the stock's current price.
View analysts price targets for WAT or view top-rated stocks among Wall Street analysts.
How have WAT shares performed in 2022?: Waters' stock was trading at $372.60 at the beginning of 2022. Since then, WAT shares have decreased by 26.1% and is now trading at $275.50.
View the best growth stocks for 2022 here.
When is Waters' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our WAT earnings forecast.
How were Waters' earnings last quarter?: Waters Co. (NYSE:WAT) posted its quarterly earnings results on Tuesday, August, 2nd. The medical instruments supplier reported $2.75 EPS for the quarter, beating analysts' consensus estimates of $2.63 by $0.12. The medical instruments supplier earned $714.30 million during the quarter, compared to the consensus estimate of $706.77 million. Waters had a net margin of 24.21% and a trailing twelve-month return on equity of 203.31%. The company's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.60 EPS.
Read the conference call transcript.
What guidance has Waters issued on next quarter's earnings?: Waters updated its third quarter 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share guidance of $2.50-$2.60 for the period, compared to the consensus estimate of $2.70. The company issued revenue guidance of $672.42 million-$685.60 million, compared to the consensus revenue estimate of $683.37 million.
What is Udit Batra's approval rating as Waters' CEO?: 13 employees have rated Waters Chief Executive Officer Udit Batra on Glassdoor.com. Udit Batra has an approval rating of 100% among the company's employees. This puts Udit Batra in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Waters own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Waters investors own include Thermo Fisher Scientific (TMO), Raytheon Technologies (RTX), CVS Health (CVS), Home Depot (HD), Johnson & Johnson (JNJ), Abbott Laboratories (ABT), Verizon Communications (VZ), Cisco Systems (CSCO) and Walmart (WMT).
What is Waters' stock symbol?: Waters trades on the New York Stock Exchange (NYSE) under the ticker symbol "WAT."
Who are Waters' major shareholders?: Waters' stock is owned by many different institutional and retail investors. Top institutional shareholders include State Street Corp (4.44%), Massachusetts Financial Services Co. MA (4.10%), Champlain Investment Partners LLC (1.61%), Price T Rowe Associates Inc. MD (1.40%), Northern Trust Corp (1.32%) and Legal & General Group Plc (1.12%). Insiders that own company stock include Christopher A Kuebler, Christopher J Oconnell, Edward Conard, Elizabeth B Rae, Francis Kim, Ian King, Joann A Reed, Keeley A Aleman, Laurie H MD Glimcher, Linda Baddour, Mark T Beaudouin, Michael C Harrington, Michael J Berendt, Robert G Carson, Sherry Buck and Thomas P Salice.
View institutional ownership trends.
How do I buy shares of Waters?: Shares of WAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Waters' stock price today?: One share of WAT stock can currently be purchased for approximately $275.50.
How much money does Waters make?: Waters (NYSE:WAT) has a market capitalization of $16.50 billion and generates $2.79 billion in revenue each year. The medical instruments supplier earns $692.84 million in net income (profit) each year or $11.46 on an earnings per share basis.
How many employees does Waters have?: The company employs 7,800 workers across the globe.
Does Waters have any subsidiaries?: The following companies are subsidiares of Waters: Analytical Products Group Inc., Andrew Alliance, Andrew Alliance S.A, Andrew Alliance SA (Switzerland), Andrew Alliance SASU (France), Anter Corporation, Baehr Thermoanalyse GmbH, Blue Reference Inc., Calorimetry Sciences Corporation, ElectroForce, Environmental Resource Associates Inc. (Colorado), Environmental Resources Associates, Integrated Software Solutions, Integrated Software Solutions Limited (UK), Integrated Software Solutions USA LLC, MPE Orbur Group Ltd. (UK), Manchester International Limited (Cayman), Melbourne International Limited (Cayman), Micromass Holdings Ltd. (UK), Micromass Ltd. (UK), Micromass UK Ltd. (UK), Midland Precision Equipment Co. Ltd. (UK), Milford International Limited (Cayman), Nihon Waters K.K. (Japan), NuGenesis Technologies Corporation, Rubotherm, TA Instruments Japan Inc. (Japan), TA Instruments-Waters LLC (Delaware), Thar Instruments Inc, Thermometric AB, VICAM, VTI Corporation, Waters (TC) Israel Ltd. (Israel), Waters A/S (Denmark), Waters AG (Switzerland), Waters Analytical Instruments Sdn Bhd (Malaysia), Waters Asia Limited (Delaware), Waters Australia PTY LTD. (Australia), Waters Celtic Holdings Ltd. (Ireland), Waters China Ltd. (Hong Kong), Waters Chromatography BV (Netherlands), Waters Chromatography Europe BV (Netherlands), Waters Chromatography Ireland Ltd. (Ireland), Waters Corporation (Delaware), Waters Cromatografia SA (Spain), Waters European Investments LLC (Cayman) (2), Waters Ges.MBH (Austria), Waters Global International Limited (Cayman) (1), Waters Global Limited (UK) (1), Waters GmbH (Germany), Waters Holdings LLC (Delaware), Waters India Pvt. Ltd., Waters Kft (Hungary), Waters Korea Limited (Korea), Waters Limited (Canada), Waters Limited (UK), Waters Luxembourg SARL (Luxembourg), Waters NV (Belgium), Waters O.O.O. (Russia) (1), Waters Pacific Pte Ltd. (Singapore), Waters Research Center Kft (Hungary), Waters Romania Srl, Waters SA de CV (Mexico), Waters SAS (France), Waters Sp.Zo.o (Poland), Waters SpA (Italy), Waters Sverige AB (Sweden), Waters Tech. LC-MS Unipessol Lda (Portugal), Waters Technologies (Beijing) Co. Ltd (China), Waters Technologies (Shanghai) Ltd (China), Waters Technologies Corporation (Delaware), Waters Technologies International Limited (Cayman) (1), Waters Technologies Ireland Ltd. (Ireland), and Waters Technologies do Brasil Ltda (Brazil).
Read More
How can I contact Waters?: Waters' mailing address is 34 MAPLE STREET, MILFORD MA, 01757. The official website for the company is www.waters.com. The medical instruments supplier can be reached via phone at (508) 478-2000, via email at investor_relations@waters.com, or via fax at 508-872-1990.

This page (NYSE:WAT) was last updated on 9/26/2022 by MarketBeat.com Staff

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Waters - WAT Stock Forecast, Price & News

Waters MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows