Currently, there are 59.37M common shares owned by the public and among those 59.33M shares have been available to trade.
The company’s stock has a 5-day price change of 6.22% and 14.13% over the past three months. WAT shares are trading 8.90% year to date (YTD), with the 12-month market performance up to 33.55% higher. It has a 12-month low price of $279.24 and touched a high of $411.58 over the same period. WAT has an average intraday trading volume of 501.79K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 6.51%, 6.52%, and 18.95% respectively.
Institutional ownership of Waters Corp (NYSE: WAT) shares accounts for 97.45% of the company’s 59.37M shares outstanding.
It has a market capitalization of $23.99B and a beta (3y monthly) value of 1.00. The stock’s trailing 12-month PE ratio is 38.55, while the earnings-per-share (ttm) stands at $10.48. The company has a PEG of 6.06 and a Quick Ratio of 1.38 with the debt-to-equity ratio at 1.19. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.53% over the week and 2.94% over the month.
Earnings per share for the fiscal year are expected to increase by 0.38%, and 8.98% over the next financial year. EPS should shrink at an annualized rate of 6.36% over the next five years, compared to 7.21% over the past 5-year period.
Looking at the support for the WAT, a number of firms have released research notes about the stock. Bernstein stated their Outperform rating for the stock in a research note on January 10, 2025, with the firm’s price target at $430. Jefferies was of a view on October 08, 2024 that the stock is Buy, while Wells Fargo gave the stock Overweight rating on August 28, 2024, issuing a price target of $380. Leerink Partners on their part issued Outperform rating on August 01, 2024.
