Waters Corporation (WAT)

NYSE: WAT · IEX Real-Time Price · USD
355.95
-4.56 (-1.26%)
May 17, 2024, 4:00 PM EDT - Market closed
-1.26%
Market Cap 21.14B
Revenue (ttm) 2.91B
Net Income (ttm) 603.51M
Shares Out 59.32M
EPS (ttm) 10.18
PE Ratio 34.97
Forward PE 29.29
Dividend n/a
Ex-Dividend Date n/a
Volume 259,866
Open 360.52
Previous Close 360.51
Day's Range 354.21 - 362.31
52-Week Range 231.90 - 367.21
Beta 0.98
Analysts Hold
Price Target 305.00 (-14.31%)
Earnings Date May 7, 2024

About WAT

Waters Corporation provides analytical workflow solutions in Asia, the Americas, and Europe. It operates through two segments: Waters and TA. The company designs, manufactures, sells, and services high and ultra-performance liquid chromatography, as well as mass spectrometry (MS) technology systems and support products, including chromatography columns, other consumable products, and post-warranty service plans. It also designs, manufactures, sells, and services thermal analysis, rheometry, and calorimetry instruments; and develops and supplies... [Read more]

Sector Healthcare
IPO Date Nov 16, 1995
Employees 7,900
Stock Exchange NYSE
Ticker Symbol WAT
Full Company Profile

Financial Performance

In 2023, Waters's revenue was $2.96 billion, a decrease of -0.52% compared to the previous year's $2.97 billion. Earnings were $642.23 million, a decrease of -9.26%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for WAT stock is "Hold." The 12-month stock price forecast is $305.0, which is a decrease of -14.31% from the latest price.

Price Target
$305.0
(-14.31% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Waters Corporation to Present at the Jefferies 2024 Healthcare Conference

MILFORD, Mass. , May 13, 2024 /PRNewswire/ -- Waters Corporation (NYSE:WAT) announced that Udit Batra Ph.D.

5 days ago - PRNewsWire

Waters ACQUITY QDa II Mass Detector Delivers Wider Range of Chemical Analysis within Cost-Effective, Lower Energy Instrument

News Summary: ACQUITY™ QDa™ II Mass Detector enhances confidence in routine compound identification using the specificity of mass analysis to boost efficiency, robustness, and productivity in LC-UV se...

10 days ago - PRNewsWire

Waters Corporation (NYSE: WAT) Reports First Quarter 2024 Financial Results

Highlights Sales of $637 million at the high-end of guidance, declined 7% as reported and 9% in organic constant curren cy GAAP EPS of $1.72; earnings well above guidance, with non-GAAP EPS of $2.21 O...

11 days ago - PRNewsWire

Waters Accelerates the Development of Gene-based Therapeutics with New GTxResolve Premier SEC Columns

News Summary: New line of GTxResolve™ Premier SEC Columns provide higher sensitivity, resolution, and throughput to accelerate the development of cell & gene-based therapeutics. Reduces problematic no...

26 days ago - PRNewsWire

Waters Corporation Schedules First Quarter 2024 Earnings Conference Call

MILFORD, Mass. , April 11, 2024 /PRNewswire/ -- Waters Corporation (NYSE:WAT) will hold its Q1 2024 financial results conference call live on Tuesday, May 7th, 2024 at 8:00 a.m.

5 weeks ago - PRNewsWire

Waters Launches Alliance iS Bio HPLC System to Help Biopharma QC Labs Increase Efficiency and Reduce Errors

News Summary: New Alliance™ iS Bio High Performance Liquid Chromatography (HPLC) System helps biopharmaceutical QC laboratories boost efficiency and eliminate up to 40% of common errorsi. Featuring Ma...

5 weeks ago - PRNewsWire

Waters Streamlines and Expedites PFAS Testing with Innovative Oasis Dual-Phase Cartridges

News Summary: Waters Oasis™ Dual-phase PFAS Analysis Cartridges simplify sample preparation for EPA 1633 testing for analysis of PFAS concentrations in non-potable water, soils, biosolids, and tissue....

2 months ago - PRNewsWire

Waters Advances Battery Electrode Design and Performance Analysis with New Rheo-IS Accessory

News Summary: New Rheo-Impedance Spectroscopy (Rheo-IS) accessory enables battery scientists to better assess electrode slurry composition quality under real-world and process-relevant conditions. The...

2 months ago - PRNewsWire

Waters Announces Seamless HPLC/UPLC Data Bridge for Light Scattering, Integrating Essential Instruments for Large Molecule Characterization

News Summary: Waters now enables seamless connectivity between its liquid chromatography (LC) systems and multi-angle light-scattering instruments (MALS) for improved ease-of-use, efficiency, and data...

2 months ago - PRNewsWire

Waters Corporation to Present at the TD Cowen 44th Annual Health Care Conference

MILFORD, Mass. , Feb. 22, 2024 /PRNewswire/ -- Waters Corporation (NYSE:WAT) announced that Udit Batra Ph.D.

3 months ago - PRNewsWire

Waters Corp beats Q4 sales estimates on strong demand for drug development services

Waters Corp on Tuesday reported fourth-quarter sales ahead of Wall Street estimates, helped by demand for its services used in drug development.

3 months ago - Reuters

Waters Corporation (NYSE: WAT) Reports Fourth Quarter and Full-Year 2023 Financial Results

Highlights Fourth Quarter 2023 Sales of $819 million declined 4.5% as reported and 8% in organic constant currency, in line with guidance Operational excellence drove gross margin expansion of 170 bas...

3 months ago - PRNewsWire

Waters Corporation Schedules Fourth Quarter 2023 Earnings Conference Call

MILFORD, Mass. , Jan. 18, 2024 /PRNewswire/ -- Waters Corporation (NYSE:WAT) will hold its Q4 2023 financial results conference call live on Tuesday, February 6th, 2024 at 8:00 a.m.

4 months ago - PRNewsWire

Waters Corporation to Present at the 42nd Annual J.P. Morgan Healthcare Conference

MILFORD, Mass., Dec. 21, 2023 /PRNewswire/ -- Waters Corporation (NYSE:WAT) announced that Udit Batra Ph.D.

5 months ago - PRNewsWire

Waters Earns Sustainability Designation from My Green Lab for Xevo TQ Absolute System

News Summary: My Green Lab awards ACT label to the Waters Xevo™ TQ Absolute system, providing independent validation for its sustainable manufacturing, packaging operation, and end-of-life. Laboratory...

5 months ago - PRNewsWire

Waters Corporation Named to Dow Jones Sustainability Index for the Third Consecutive Year

MILFORD, Mass. , Dec. 19, 2023 /PRNewswire/ -- Waters Corporation (NYSE: WAT) announced it has been named to the Dow Jones Sustainability North America Index (DJSI North America) for the third consecu...

5 months ago - PRNewsWire

Waters Corporation Board of Directors Named 2024 Public Company Board of the Year by National Association of Corporate Directors New England Chapter

MILFORD, Mass. , Dec. 18, 2023 /PRNewswire/ -- Waters Corporation (NYSE: WAT) today announced that its Board of Directors has been named 2024 "Public Company Board of the Year" by the National Associa...

5 months ago - PRNewsWire

Waters Corporation Opens New State-of-the-Art Global Capability Center in Bengaluru, India

News Summary: Waters inaugurates Global Capability Center in Bengaluru's RMZ Ecoworld technology park with dignitaries from government, customers, partners, and employees. New US$16M (INR ₹1.3Bn) faci...

5 months ago - PRNewsWire

Waters Earns Top Score in Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index

News Summary: Waters recognized for its companywide policies and active commitment to LGBTQIA+ workplace equality and inclusion, scoring 100 on the Human Rights Campaign Foundation's 2023-2024 Corpora...

5 months ago - PRNewsWire

Waters Corporation to Present at the Evercore ISI HealthCONx 2023 Health Care Conference

MILFORD, Mass. , Nov. 16, 2023 /PRNewswire/ -- Waters Corporation (NYSE: WAT) announced that Udit Batra Ph.D.

6 months ago - PRNewsWire

WATERS 2023 ESG REPORT HIGHLIGHTS CONTINUED PROGRESS TOWARDS SUSTAINABILITY COMMITMENTS

News Summary: Waters makes strong progress on its goal to reduce greenhouse gas emissions 35% by 2025 through greater use of renewable/low-carbon energy sources and further cutting Scope 1 and Scope 2...

6 months ago - PRNewsWire

Waters Corporation (NYSE: WAT) Reports Third Quarter 2023 Financial Results

Highlights Sales of $712 million grew less than 1% as reported and declined 4% in organic constant currency Low single-digit organic constant currency growth outside of China, led by mid-single-digit ...

6 months ago - PRNewsWire

Among the S&P 500, these 20 companies have made the best use of investors' money

There is no easy way to select individual stocks. Measures of financial quality can highlight companies that are worth a closer look, but a decision to commit money must also take into consideration b...

7 months ago - Market Watch

Waters Corporation Announces Business Unit Leadership Transition

Jonathan Pratt to Step Down to Pursue an External Opportunity Christos Ross Named Interim Senior Vice President of the Waters Division MILFORD, Mass. , Oct. 24, 2023 /PRNewswire/ -- Waters Corporation...

7 months ago - PRNewsWire

Waters Accelerates Oligonucleotide Bioanalysis with the Launch of OligoWorks™ SPE Workflow and Kits

News Summary: Delivers up to 2x[i] higher oligonucleotide recovery from biofluids with improved LC-MS sensitivity and reproducibility to support robust quantitation. Faster time-to-results for expande...

7 months ago - PRNewsWire