Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Waters Corp.’s stock clocked out at $304.18, down -3.04% from its previous closing price of $313.72. In other words, the price has decreased by -$3.04 from its previous closing price. On the day, 0.61 million shares were traded. WAT stock price reached its highest trading level at $313.36 during the session, while it also had its lowest trading level at $302.5.
Ratios:
To gain a deeper understanding of WAT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 45.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.72. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 2.22. In the meantime, Its Debt-to-Equity ratio is 2.12 whereas as Long-Term Debt/Eq ratio is at 2.06.
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 the company, Barclays on November 13, 2023, Downgraded its rating to Underweight and sets its target price to $230 from $270 previously.
On September 28, 2023, Bernstein started tracking the stock assigning a Mkt Perform rating and target price of $280.
Evercore ISI Downgraded its Outperform to In-line on July 31, 2023, whereas the target price for the stock was revised from $285 to $270.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 13 ’24 when BADDOUR LINDA sold 500 shares for $355.54 per share. The transaction valued at 177,770 led to the insider holds 2,250 shares of the business.
KUEBLER CHRISTOPHER A sold 4,000 shares of WAT for $1,165,920 on Aug 04 ’23. The Director now owns 14,382 shares after completing the transaction at $291.48 per share.
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 18040854528 and an Enterprise Value of 20067928064. As of this moment, Waters’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.05, and their Forward P/E ratio for the next fiscal year is 23.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.09 while its Price-to-Book (P/B) ratio in mrq is 15.65. Its current Enterprise Value per Revenue stands at 6.788 whereas that against EBITDA is 19.631.
Stock Price History:
Over the past 52 weeks, WAT has reached a high of $363.80, while it has fallen to a 52-week low of $231.90. The 50-Day Moving Average of the stock is -9.78%, while the 200-Day Moving Average is calculated to be 2.87%.
Shares Statistics:
It appears that WAT traded 396.79K shares on average per day over the past three months and 357820 shares per day over the past ten days. A total of 59.18M shares are outstanding, with a floating share count of 59.06M. Insiders hold about 0.25% of the company’s shares, while institutions hold 102.49% stake in the company. Shares short for WAT as of 1711584000 were 3792456 with a Short Ratio of 9.56, compared to 1709164800 on 3746377. Therefore, it implies a Short% of Shares Outstanding of 3792456 and a Short% of Float of 8.34.
Earnings Estimates
Investors are keenly observing as Caterpillar, Inc. analysts analyze and rate the current performance of Waters Corp. (WAT) in the stock market.The consensus estimate for the next quarter is $59.65, with high estimates of $55.49 and low estimates of $3.85.
Analysts are recommending an EPS of between $Financial Services and $Industrials for the fiscal current year, implying an average EPS of $Consumer Defensive.
