Waters Corp (NYSE: WAT) is -4.25% lower on its value in year-to-date trading and has touched a low of $287.02 and a high of $423.56 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WAT stock was last observed hovering at around $289.56 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $289.56, the stock is -14.98% and -16.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.38 million and changing 0.00% at the moment leaves the stock -20.37% off its SMA200. WAT registered -21.95% loss for a year compared to 6-month loss of -27.59%. The firm has a 50-day simple moving average (SMA 50) of $348.8504 and a 200-day simple moving average (SMA200) of $364.13535.
The stock witnessed a -15.41% gain in the last 1 month and extending the period to 3 months gives it a -13.25%, and is -17.08% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.94% over the week and 3.18% over the month.
Waters Corp (WAT) has around 7600 employees, a market worth around $17.24B and $2.98B in sales. Current P/E ratio is 26.26 and Fwd P/E is 20.29. Profit margin for the company is 22.02%. Distance from 52-week low is 0.88% and -31.64% from its 52-week high. The company has generated returns on investments over the last 12 months (19.49%).
The EPS is expected to grow by 9.26% this year
1145.0 institutions hold shares in Waters Corp (WAT), with institutional investors hold 98.35% of the company’s shares. The shares outstanding are 59.50M, and float is at 59.39M with Short Float at 3.13%. Institutions hold 98.19% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 7.02 million shares valued at $2.04 billion. The investor’s holdings represent 11.8331 of the WAT Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.65 million shares valued at $1.64 billion to account for 9.5284 of the shares outstanding. The other top investors are FUNDSMITH LLP which holds 3.65 million shares representing 6.1586 and valued at over $1.06 billion, while STATE STREET CORP holds 4.2612 of the shares totaling 2.53 million with a market value of $733.58 million.
