Waters Corp. (NYSE: WAT): Performance Review And Growth Outlook

In the last trading session, 0.46 million Waters Corp. (NYSE:WAT) shares changed hands as the company’s beta touched 0.99. With the company’s per share price at $336.46 changed hands at -$0.33 or -0.10% during last session, the market valuation stood at $19.96B. WAT’s last price was a discount, traded about -9.14% off its 52-week high of $367.21. The share price had its 52-week low at $231.90, which suggests the last value was 31.08% up since then. When we look at Waters Corp.’s average trading volume, we note the 3-month average coming to 431.31K.

Waters Corp. (NYSE:WAT) trade information

Instantly WAT was in red as seen at the end of in last trading. With action -5.48%, the performance over the past five days has been red. The drop to weekly highs of 357.14 subtracted -0.10% to the stock’s daily price. The company’s shares are showing year-to-date upside of 2.20%, with the 5-day performance at -5.48% in the red. However, in the 30-day time frame, Waters Corp. (NYSE:WAT) is 9.12% up.

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Waters Corp. (WAT) estimates and forecasts

Data shows that the Waters Corp. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 21.76% over the past 6 months, a 0.94% in annual growth rate that is considerably lower than the industry average of 13.30%. Year-over-year growth is forecast to reach 0.10% up from the last financial year.

Consensus estimates given by 13 financial analysts project the company’s revenue in the current quarter to hit an average of 700.23M. 13 analysts are of the opinion that Waters Corp.’s revenue for the current quarter will be 737.52M. The company’s revenue for the corresponding quarters a year ago was 740.58M and 711.69M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -5.40%. The estimates for the next quarter sales put growth at 3.60%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 7.21%. The 2024 estimates are for Waters Corp. earnings to increase by 0.63%, but the outlook for the next 5-year period is at 5.54% per year.

WAT Dividends

Waters Corp. is expected to release its next quarterly earnings report in June.