Ratio Analysis: Unpacking Waters Corp (WAT)’s Price-to-Cash and Price-to-Free Cash Flow

Ulysses Smith

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After finishing at $332.41 in the prior trading day, Waters Corp (NYSE: WAT) closed at $334.87, up 0.74%. In other words, the price has increased by $0.74 from its previous closing price. On the day, 0.73 million shares were traded. WAT stock price reached its highest trading level at $337.25 during the session, while it also had its lowest trading level at $325.47.

Ratios:

Our goal is to gain a better understanding of WAT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 54.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.18. For the most recent quarter (mrq), Quick Ratio is recorded 1.22 and its Current Ratio is at 1.75. In the meantime, Its Debt-to-Equity ratio is 0.71 whereas as Long-Term Debt/Eq ratio is at 0.58.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for this company, Rothschild & Co Redburn on October 08, 2025, initiated with a Buy rating and assigned the stock a target price of $390.

On March 31, 2025, KeyBanc Capital Markets Upgraded its rating to Overweight which previously was Sector Weight but kept the price unchanged to $460.

Robert W. Baird Upgraded its Neutral to Outperform on March 26, 2025, whereas the target price for the stock was revised from $396 to $407.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WAT now has a Market Capitalization of 19932844032 and an Enterprise Value of 21160859648. As of this moment, Waters’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.19, and their Forward P/E ratio for the next fiscal year is 23.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.54 while its Price-to-Book (P/B) ratio in mrq is 9.23. Its current Enterprise Value per Revenue stands at 6.947 whereas that against EBITDA is 20.049.

Stock Price History:

The Beta on a monthly basis for WAT is 1.09, which has changed by -0.038972616 over the last 52 weeks, in comparison to a change of 0.13033986 over the same period for the S&P500. Over the past 52 weeks, WAT has reached a high of $423.56, while it has fallen to a 52-week low of $275.05. The 50-Day Moving Average of the stock is 10.28%, while the 200-Day Moving Average is calculated to be -2.29%.

Shares Statistics:

The stock has traded on average 807.17K shares per day over the past 3-months and 737030 shares per day over the last 10 days, according to various share statistics. A total of 59.51M shares are outstanding, with a floating share count of 59.45M. Insiders hold about 0.12% of the company’s shares, while institutions hold 99.53% stake in the company. Shares short for WAT as of 1759190400 were 1919934 with a Short Ratio of 2.38, compared to 1756425600 on 2339370. Therefore, it implies a Short% of Shares Outstanding of 1919934 and a Short% of Float of 4.14.

Earnings Estimates

The firm’s stock currently is rated by 13.0 analysts. The consensus estimate for the next quarter is $4.57, with high estimates of $4.66 and low estimates of $4.5.

Analysts are recommending an EPS of between $13.04 and $12.9 for the fiscal current year, implying an average EPS of $12.98. EPS for the following year is $14.26, with 14.0 analysts recommending between $14.48 and $13.95.

Revenue Estimates

12 analysts predict $780.7M in revenue for. The current quarter. It ranges from a high estimate of $787.9M to a low estimate of $771.93M. As of. The current estimate, Waters Corp’s year-ago sales were $740.3MFor the next quarter, 12 analysts are estimating revenue of $925.7M. There is a high estimate of $936.2M for the next quarter, whereas the lowest estimate is $910.08M.

A total of 15 analysts have provided revenue estimates for WAT’s current fiscal year. The highest revenue estimate was $3.16B, while the lowest revenue estimate was $3.12B, resulting in an average revenue estimate of $3.14B. In the same quarter a year ago, actual revenue was $2.96BBased on 13 analysts’ estimates, the company’s revenue will be $3.33B in the next fiscal year. The high estimate is $3.36B and the low estimate is $3.28B.

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