NYSE:WAT

Waters - WAT Stock Forecast, Price & News

$309.63

+4.96 (+1.63%)

(As of 03/31/2023 12:00 AM ET)

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Today's Range: $306.77
▼
$311.09
50-Day Range: $298.17
▼
$344.24
52-Week Range: $265.61
▼
$369.00

Volume: 318,536 shs
Average Volume: 391,536 shs
Market Capitalization: $18.25 billion

P/E Ratio: 26.35
Dividend Yield: N/A
Price Target: $354.00

Institutional Ownership

Waters MarketRank™ Forecast

Analyst Rating: Hold
2.11 Rating Score
Upside/Downside: 14.3% Upside
$354.00 Price Target
Short Interest: Bearish
2.90% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.05
Upright™ Environmental Score
News Sentiment: 0.14
Based on 12 Articles This Week
Insider Trading: Acquiring Shares
$997,924 Bought Last Quarter
Proj. Earnings Growth: 11.52%
From $12.67 to $14.13 Per Share

Overall MarketRank^™

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

2.51 out of 5 stars

Computer And Technology Sector

155th out of 618 stocks

Analytical Instruments Industry

6th out of 29 stocks

3.1

Analyst's Opinion

Consensus Rating
Waters has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 1 buy rating, 8 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $354.00, Waters has a forecasted upside of 14.3% from its current price of $309.63.
Amount of Analyst Coverage
Waters has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
2.90% 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 4.7.
Change versus previous month
Short interest in Waters has recently increased by 18.88%, 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.

4.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Waters has received a 65.82% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Chromatography columns", "Biochemical assay kits", "DNA sequencers", "Drug discovery software", and "Genomics analysis tools" products. See details.
Environmental Sustainability
The Environmental Impact score for Waters is -1.05.

1.2

News and Social Media Coverage

News Sentiment
Waters has a news sentiment score of 0.14. 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 0.44 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Waters this week, compared to 12 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 -92% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Waters to their MarketBeat watchlist in the last 30 days. This is a decrease of -88% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Waters insiders have bought more of their company's stock than they have sold. Specifically, they have bought $997,924.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.77% of the stock of Waters is held by insiders.
Percentage Held by Institutions
88.58% 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 11.52% in the coming year, from $12.67 to $14.13 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Waters is 26.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.98.
Price to Earnings Ratio vs. Sector
The P/E ratio of Waters is 26.35, 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 292.73.
Price to Earnings Growth Ratio
Waters has a PEG Ratio of 3.52. 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 36.47. 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 Corp. engages in the provision of workflow solutions involving liquid chromatography, mass spectrometry, and thermal analysis. It operates through the Waters and TA (TA Instruments) segments. The Waters segment consists of liquid chromatography instruments, mass spectrometry, and precision chemistry consumable products and services. The TA segment products and services include thermal analysis, rheometry and calorimetry instrument systems, and service sales. The company was founded by James Logan Waters in 1958 and is headquartered in Milford, MA.

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WAT Stock News Headlines

March 31, 2023 | americanbankingnews.com

Q1 2023 Earnings Estimate for Waters Co. Issued By Zacks Research (NYSE:WAT)

March 31, 2023 | nytimes.com

In Taiwan’s Waters, a Hunt for Tiny, Wriggling ‘Gold’

April 1, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

March 31, 2023 | msn.com

Lolita the orca returning to home waters 50 years after capture

March 31, 2023 | msn.com

Deal reached to return the orca Lolita to "home waters" after over 50 years

March 31, 2023 | foxnews.com

Dems react to Trump indictment: Schiff calls it 'sobering,' Waters knew 'Stormy Daniels would get him'

March 29, 2023 | finance.yahoo.com

Is Waters Corporation (NYSE:WAT) Potentially Undervalued?

March 28, 2023 | finance.yahoo.com

Waters Corporation Appoints Richard Fearon to Board of Directors

April 1, 2023 | Behind the Markets (Ad)

Buy THIS stock before Taiwan is attacked

... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.

March 24, 2023 | americanbankingnews.com

Waters (NYSE:WAT) Raised to Buy at StockNews.com

March 20, 2023 | finance.yahoo.com

Waters Introduces Next-Generation Alliance iS HPLC System Aimed at Reducing Up to 40% of Common Lab Errors

March 15, 2023 | finance.yahoo.com

Waters Corporation Listed as No. 5 on Barron's 100 Most Sustainable Companies 2023 List

March 9, 2023 | businesswire.com

Groupe Berkem Launches H2OLIXIR, its New Range of 100% Natural Floral Waters

March 9, 2023 | msn.com

The best tanning waters that won't transfer, stain sheets or ruin clothes

March 9, 2023 | msn.com

USCG: 145 Haitian migrants on boat stopped in Bahamian waters; some threatened to harm kids aboard

March 9, 2023 | msn.com

Reese Dixon-Waters is Pac-12 Sixth Man of the Year; other Trojans win honors too

March 7, 2023 | benzinga.com

SoundHound AI Stock Slides After Hours Despite 'Watershed Moment' For Artificial Intelligence

March 3, 2023 | finance.yahoo.com

A Waters Corporation (NYSE:WAT) insider increased their holdings by 856% last year

March 3, 2023 | finance.yahoo.com

Trade Alert: The Independent Director Of Waters Corporation (NYSE:WAT), Mark Vergnano, Has Just Spent US$998k Buying 856% More Shares

February 23, 2023 | finance.yahoo.com

Waters Corporation Presentation at the Cowen 43rd Annual Health Care Conference to be Webcast Live

February 23, 2023 | benzinga.com

Maxine Waters Wants Treasury, Feds, CFTC, SEC To Regulate Crypto Together

February 21, 2023 | msn.com

Muddy Waters DMZ Mission Guide

February 21, 2023 | seekingalpha.com

Great Lakes Dredge & Dock: Navigating The Choppy Waters

February 20, 2023 | seekingalpha.com

Bridgewater Bancshares: Fundamentally Sound On Troubled Waters But Overvalued

February 17, 2023 | finance.yahoo.com

Waters Corporation (NYSE:WAT) Q4 2022 Earnings Call Transcript

February 15, 2023 | finance.yahoo.com

Waters to acquire Wyatt in first billion-dollar acquisition

February 15, 2023 | finance.yahoo.com

Waters Corporation to Acquire Wyatt Technology, Light Scattering Instrument and Software Leader

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WAT Company Calendar

Last Earnings: 2/15/2023
Today: 4/01/2023
Next Earnings (Estimated): 5/02/2023
Fiscal Year End: 12/31/2023

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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: 8,200
Year Founded: 1958

Price Target and Rating

Average Stock Price Forecast: $354.00
High Stock Price Forecast: $380.00
Low Stock Price Forecast: $330.00
Forecasted Upside/Downside: +14.3%
Consensus Rating: Hold
Rating Score (0-4): 2.11
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $11.75
Trailing P/E Ratio: 26.35
Forward P/E Ratio: 24.44
P/E Growth: 3.52
Net Income: $707.76 million
Net Margins: 23.81%
Pretax Margin: 28.19%
Return on Equity: 175.08%
Return on Assets: 23.33%

Debt

Debt-to-Equity Ratio: 3.02
Current Ratio: 2.24
Quick Ratio: 1.66

Sales & Book Value

Annual Sales: $2.97 billion
Price / Sales: 6.14
Cash Flow: $14.84 per share
Price / Cash Flow: 20.86
Book Value: $8.49 per share
Price / Book: 36.47

Miscellaneous

Outstanding Shares: 58,940,000
Free Float: 58,490,000
Market Cap: $18.25 billion
Optionable: Optionable
Beta: 0.86

Social Links

Key Executives

Udit Batra
President, Chief Executive Officer & Director

Christos Ross
Senior Vice President-Global Operations

Amol Chaubal
Chief Financial Officer & Senior Vice President

Keeley A. Aleman
Secretary, Senior Vice President & General Counsel

John Lynch
Treasurer & Vice President

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?: 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waters in the last year. There are currently 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 2023?: 9 analysts have issued 1-year price targets for Waters' stock. Their WAT share price forecasts range from $330.00 to $380.00. On average, they anticipate the company's stock price to reach $354.00 in the next twelve months. This suggests a possible upside of 14.3% 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 2023?: Waters' stock was trading at $342.58 at the beginning of the year. Since then, WAT stock has decreased by 9.6% and is now trading at $309.63.
View the best growth stocks for 2023 here.
When is Waters' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our WAT earnings forecast.
How were Waters' earnings last quarter?: Waters Co. (NYSE:WAT) issued its earnings results on Wednesday, February, 15th. The medical instruments supplier reported $3.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.74 by $0.10. The medical instruments supplier earned $858.51 million during the quarter, compared to the consensus estimate of $832.85 million. Waters had a trailing twelve-month return on equity of 175.08% and a net margin of 23.81%. The firm's revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the business earned $3.67 earnings per share.
Read the conference call transcript.
What ETFs hold Waters' stock?: ETFs with the largest weight of Waters (NYSE:WAT) stock in their portfolio include AXS Cannabis ETF (THCX), VictoryShares THB Mid Cap ESG ETF (MDCP), Invesco Water Resources ETF (PHO), Invesco Global Water ETF (PIO), Nuveen ESG Mid-Cap Growth ETF (NUMG), Newday Ocean Health ETF (AHOY), First Trust Indxx Medical Devices ETF (MDEV) and Logan Capital Broad Innovative Growth ETF (LCLG).
What guidance has Waters issued on next quarter's earnings?: Waters issued an update on its first quarter 2023 earnings guidance on Wednesday, February, 15th. The company provided earnings per share (EPS) guidance of $2.55-$2.65 for the period, compared to the consensus earnings per share estimate of $2.67. The company issued revenue guidance of $690.57 million-$704.38 million, compared to the consensus revenue estimate of $674.86 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), Honeywell International (HON), 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."
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 $309.63.
How much money does Waters make?: Waters (NYSE:WAT) has a market capitalization of $18.25 billion and generates $2.97 billion in revenue each year. The medical instruments supplier earns $707.76 million in net income (profit) each year or $11.75 on an earnings per share basis.
How many employees does Waters have?: The company employs 8,200 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 4/1/2023 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

Company Ownership

Earnings and Valuation

About Waters (NYSE:WAT) Stock

WAT Stock News Headlines

WAT Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

WAT Stock - Frequently Asked Questions

Overall MarketRank^™