The price-to-earnings ratio for Waters Corp (NYSE: WAT) is 35.71x, which is above its average ratio. Moreover, the 36-month beta value for WAT is 1.00. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 16 as “hold,” and 0 as “sell.”
The public float for WAT is 59.33M and currently, short sellers hold a 3.33% of that float. On January 09, 2025, WAT’s average trading volume was 477.69K shares.
WAT) stock’s latest price update
The stock price of Waters Corp (NYSE: WAT) has plunged by -0.75 when compared to previous closing price of 377.03, but the company has seen a 0.87% gain in its stock price over the last five trading sessions. zacks.com reported 2024-12-23 that TECH enters a co-marketing and co-promotion agreement with Waters Corporation to expand the reach of advanced biotherapeutic characterization and development processes.
WAT’s Market Performance
Waters Corp (WAT) has seen a 0.87% rise in stock performance for the week, with a -2.56% decline in the past month and a 4.26% surge in the past quarter. The volatility ratio for the week is 2.31%, and the volatility levels for the past 30 days are at 2.36% for WAT. The simple moving average for the last 20 days is 0.07% for WAT stock, with a simple moving average of 10.73% for the last 200 days.
Analysts’ Opinion of WAT
Jefferies, on the other hand, stated in their research note that they expect to see WAT reach a price target of $415, previously predicting the price at $355. The rating they have provided for WAT stocks is “Buy” according to the report published on October 08th, 2024.
Wells Fargo gave a rating of “Overweight” to WAT, setting the target price at $380 in the report published on August 28th of the previous year.
WAT Trading at 0.35% from the 50-Day Moving Average
After a stumble in the market that brought WAT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.75% of loss for the given period.
Volatility was left at 2.36%, however, over the last 30 days, the volatility rate increased by 2.31%, as shares sank -4.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.30% upper at present.
During the last 5 trading sessions, WAT rose by +0.87%, which changed the moving average for the period of 200-days by +7.74% in comparison to the 20-day moving average, which settled at $373.92. In addition, Waters Corp saw 0.87% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WAT starting from FEARON RICHARD H, who purchase 1,000 shares at the price of $332.90 back on May 28 ’24. After this action, FEARON RICHARD H now owns 1,653 shares of Waters Corp, valued at $332,900 using the latest closing price.
KUEBLER CHRISTOPHER A, the Director of Waters Corp, sale 4,000 shares at $361.64 during a trade that took place back on May 15 ’24, which means that KUEBLER CHRISTOPHER A is holding 14,716 shares at $1,446,560 based on the most recent closing price.
Stock Fundamentals for WAT
Current profitability levels for the company are sitting at:
- 0.28 for the present operating margin
- 0.58 for the gross margin
The net margin for Waters Corp stands at 0.21. The total capital return value is set at 0.22. Equity return is now at value 49.64, with 13.82 for asset returns.
Based on Waters Corp (WAT), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at 0.41. The debt to equity ratio resting at 1.14. The interest coverage ratio of the stock is 8.39.
Currently, EBITDA for the company is 1.0 billion with net debt to EBITDA at 1.51. When we switch over and look at the enterprise to sales, we see a ratio of 8.19. The receivables turnover for the company is 4.34for trailing twelve months and the total asset turnover is 0.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.02.
Conclusion
To wrap up, the performance of Waters Corp (WAT) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
