Waters Corp. At $311.11: Buy, Sell Or Hold?

Waters Corp. (NYSE:WAT)’s traded shares stood at 0.53 million during the latest session, with the company’s beta value hitting 0.98. At the last check today, the stock’s price was $311.11, to imply a decrease of -5.05% or -$16.54 in intraday trading. The WAT share’s 52-week high remains $367.21, putting it -18.03% down since that peak but still an impressive 25.46% since price per share fell to its 52-week low of $231.90. The company has a valuation of $18.46B, with an average of 429.15K shares over the past 3 months.

Waters Corp. (NYSE:WAT) trade information

After registering a -5.05% downside in the latest session, Waters Corp. (WAT) has traded red over the past five days. The stock hit a weekly high of 348.70, dropping -5.05% in its intraday price action. The 5-day price performance for the stock is -10.81%, and 0.67% over 30 days. With these gigs, the year-to-date price performance is -5.50%.

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Waters Corp. (WAT) estimates and forecasts

Looking at statistics comparing Waters Corp. share performance against respective industry, we note that the company has underperformed competitors. Waters Corp. (WAT) shares are 12.74% up over the last 6 months, with its year-to-date growth rate lower than industry average at 0.94% against 12.70%. The rating firms project that company’s revenue will grow 0.10% compared to the previous financial year.

Revenue forecast for the current quarter as set by 13 analysts is 700.23M. Meanwhile, for the current quarter, a total of 13 analyst(s) estimate revenue growth to 737.52M.Earnings reports from the last fiscal year show that sales brought in 740.58M and 711.69M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -5.40% before jumping 3.60% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 7.21% for the past 5-year period. While 2024 is set for a 0.63% return in earnings, projections for the next 5 years are at 5.54% annually.

WAT Dividends

Waters Corp. has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Waters Corp. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.