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Waters Corp (WAT)
NYSE:WAT
WAT Stock Chart & Stats
$319.38
-$3.31(-0.88%)
At close: 4:00 PM EST
$319.38
-$3.31(-0.88%)
Day’s Range― - ―
52-Week Range$275.05 - $414.15
Previous CloseN/A
Volume75.18K
Average Volume (3M)1.24M
Market Cap
$31.33B
Enterprise Value$19.10B
Total Cash (Recent Filing)$587.83M
Total Debt (Recent Filing)$1.41B
Price to Earnings (P/E)29.7
Beta0.71
Next Earnings
May 12, 2026EPS Estimate
2.33Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.53
Shares Outstanding98,101,870
10 Day Avg. Volume1,273,224
30 Day Avg. Volume1,244,142
Financial Highlights & Ratios
PEG Ratio75.62
Price to Book (P/B)8.83
Price to Sales (P/S)7.14
P/FCF Ratio41.87
Enterprise Value/Market Cap0.61
Enterprise Value/Revenue6.04
Enterprise Value/Gross Profit10.25
Enterprise Value/Ebitda18.64
Forecast
1Y Price Target
$397.38Price Target Upside24.42% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
EPS Forecast (FY)14.38
Revenue Forecast (FY)$6.24B
Bulls Say, Bears Say
Bulls Say
Acquisition Synergy And Market ExpansionAcquisition of Becton Dickinson's bioscience and diagnostics businesses should enable integrated instrument and reagent workflows, broaden addressable markets, and produce revenue and earnings upside if planned synergies are realized.
Operational ResilienceManagement attributes recent weakness to operational one-offs that have been addressed and is implementing pricing discipline and cost actions to stabilize core sales and support margin recovery.
Valuation OpportunityShare pullback tightened valuation versus peers, creating potential upside if management executes the integration and the company returns to above-industry growth.
Bears Say
China Reimbursement And Shipment HeadwindsChanges in China reimbursement dynamics and delayed shipments have reduced revenue for the acquired business, posing a persistent geographic headwind to growth.
Integration Risk And Asset QualityWeaker results from the acquired BD businesses have raised concerns that those assets may be outside the company's core capabilities and could be harder to turn around, undermining the acquisition thesis.
Near-term Guidance And Model ResetNear-term adjusted earnings guidance missed expectations and prompted analyst model and price target reductions, creating downside pressure on sentiment until clearer evidence of recovery appears.
Waters News
WAT FAQ
What was Waters Corp’s price range in the past 12 months?
Waters Corp lowest stock price was $275.05 and its highest was $414.15 in the past 12 months.
What is Waters Corp’s market cap?
Waters Corp’s market cap is $31.33B.
When is Waters Corp’s upcoming earnings report date?
Waters Corp’s upcoming earnings report date is May 12, 2026 which is in 70 days.
How were Waters Corp’s earnings last quarter?
Waters Corp released its earnings results on Feb 09, 2026. The company reported $4.53 earnings per share for the quarter, beating the consensus estimate of $4.51 by $0.02.
Is Waters Corp overvalued?
According to Wall Street analysts Waters Corp’s price is currently Undervalued.
Does Waters Corp pay dividends?
Waters Corp does not currently pay dividends.
What is Waters Corp’s EPS estimate?
Waters Corp’s EPS estimate is 2.33.
How many shares outstanding does Waters Corp have?
Waters Corp has 98,101,870 shares outstanding.
What happened to Waters Corp’s price movement after its last earnings report?
Waters Corp reported an EPS of $4.53 in its last earnings report, beating expectations of $4.51. Following the earnings report the stock price went down -13.94%.
Which hedge fund is a major shareholder of Waters Corp?
Currently, no hedge funds are holding shares in WAT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Waters Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$397.38 (24.42% Upside)
$397.38 (24.42% Upside)
Blogger Sentiment
Bullish
WAT Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 41.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 2.0%
Last 30 Days ▲ 89.9%
Last 30 Days ▲ 89.9%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-18.58%
12-Months-Change
Fundamentals
Return on Equity
29.28%
Trailing 12-Months
Asset Growth
11.48%
Trailing 12-Months
Company Description
Waters Corp
Waters Corporation, a specialty measurement company, 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 software-based products that interface with its instruments, as well as other manufacturers' instruments. Its MS technology instruments are used in drug discovery and development comprising clinical trial testing, the analysis of proteins in disease processes, nutritional safety analysis, and environmental testing. The company offers thermal analysis, rheometry, and calorimetry instruments for use in predicting the suitability and stability of fine chemicals, pharmaceuticals, water, polymers, metals, and viscous liquids for various industrial, consumer good, and healthcare products, as well as for life science research. Its products are used by life science, pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic, and governmental customers working in research and development, quality assurance, and other laboratory applications. Waters Corporation was founded in 1958 and is headquartered in Milford, Massachusetts.
WAT Company Deck
WAT Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational execution, continued product-led growth (especially LC‑MS and chemistry), improved commercial KPIs, robust free cash flow and a completed acquisition with defined synergy targets and industry‑leading combined guidance. Near‑term challenges center on underperformance in the acquired BD franchises (China/POC/export timing), TA weakness, short‑term timing effects from the Empower subscription transition, and higher pro forma leverage and dilution. Management has laid out conservative baselines and actionable synergy and commercial plans, suggesting upside if execution is successful.View all WAT earnings summariesWAT Revenue Breakdown
34.81% Waters instrument systems
19.95% Chemistry consumables
34.13% Waters service
7.70% TA instrument systems
3.41% TA service
WAT Stock 12 Month Forecast
Average Price Target
$397.38
▲(24.42% Upside)
Technical Analysis
Ownership Overview
0.15% Insiders
25.32% Mutual Funds
12.39% Other Institutional Investors
26.90% Public Companies and
Individual Investors