WAT - Waters Corp Stock Price, Fair Value and News

323.75USD-2.31 (-0.71%)Market Closed

Market Summary

USD323.75-2.31

Market Closed

-0.71%

WAT Stock Price

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WAT RSI Chart

WAT Valuation

Market Cap

19.2B

Price/Earnings (Trailing)

31.82

Price/Sales (Trailing)

6.6

EV/EBITDA

23.71

Price/Free Cashflow

28.71

WAT Price/Sales (Trailing)

WAT Profitability

EBT Margin

23.58%

Return on Equity

48.03%

Return on Assets

13.38%

Free Cashflow Yield

3.48%

WAT Fundamentals

WAT Revenue

Revenue (TTM)

2.9B

Rev. Growth (Yr)

-6.99%

Rev. Growth (Qtr)

-22.29%

WAT Earnings

Earnings (TTM)

603.5M

Earnings Growth (Yr)

-27.48%

Earnings Growth (Qtr)

-52.73%

Breaking Down WAT Revenue

Last 7 days

2.5%

Last 30 days

-4.5%

Last 90 days

-0.9%

Trailing 12 Months

17.0%

How does WAT drawdown profile look like?

WAT Financial Health

Current Ratio

1.94

Debt/Equity

1.6

Debt/Cashflow

0.33

WAT Investor Care

Shares Dilution (1Y)

0.48%

Diluted EPS (TTM)

10.19

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	2.9B	0	0	0
2023	3.0B	3.0B	3.0B	3.0B
2022	2.9B	2.9B	2.9B	3.0B
2021	2.5B	2.7B	2.7B	2.8B
2020	2.4B	2.3B	2.3B	2.4B
2019	2.4B	2.4B	2.4B	2.4B
2018	2.3B	2.4B	2.4B	2.4B
2017	2.2B	2.2B	2.3B	2.3B
2016	2.1B	2.1B	2.1B	2.2B
2015	2.0B	2.0B	2.0B	2.0B
2014	1.9B	1.9B	2.0B	2.0B
2013	1.9B	1.9B	1.9B	1.9B
2012	1.8B	1.8B	1.8B	1.8B
2011	1.7B	1.8B	1.8B	1.9B
2010	1.5B	1.6B	1.6B	1.6B
2009	1.5B	1.5B	1.5B	1.5B
2008	0	1.5B	1.5B	1.6B
2007	0	0	0	1.5B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Waters Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 05, 2024	bennett jianqing	sold (taxes)	-67,859	335	-202	svp ta instruments division
Mar 13, 2024	baddour linda	sold	-177,770	355	-500	-
Mar 01, 2024	batra udit	sold (taxes)	-2,278,330	346	-6,584	president and ceo
Feb 07, 2024	batra udit	acquired	-	-	8,903	president and ceo
Jan 02, 2024	kuebler christopher a	acquired	-	-	334	-
Jan 02, 2024	brennan daniel j.	acquired	-	-	334	-
Jan 02, 2024	huang pearl s	acquired	-	-	334	-
Jan 02, 2024	jiang wei	acquired	-	-	334	-
Jan 02, 2024	ornskov flemming	acquired	-	-	334	-
Jan 02, 2024	vergnano mark p	acquired	-	-	334	-

Which funds bought or sold WAT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	OPPENHEIMER ASSET MANAGEMENT INC.	reduced	-3.12	16,458	1,284,320	0.02%
May 07, 2024	Cornerstone Planning Group LLC	sold off	-100	-329	-	-%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-10.52	-397,154	5,762,410	-%
May 07, 2024	Mondrian Investment Partners LTD	added	109	851,264	1,568,660	0.02%
May 07, 2024	MEEDER ASSET MANAGEMENT INC	new	-	8,950	8,950	-%
May 07, 2024	ClariVest Asset Management LLC	unchanged	-	24.00	690	-%
May 07, 2024	M&T Bank Corp	reduced	-4.7	-4,937	1,450,530	-%
May 07, 2024	Empowered Funds, LLC	new	-	512,902	512,902	-%
May 07, 2024	Meeder Advisory Services, Inc.	reduced	-2.27	8,541	399,995	0.04%
May 07, 2024	Avalon Trust Co	unchanged	-	20,025	459,548	0.04%

Are Funds Buying or Selling WAT?

Are funds buying WAT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WAT

No. of Funds

Unveiling Waters Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	fundsmith llp	8.30%	4,935,371	SC 13G/A
Feb 13, 2024	vanguard group inc	11.56%	6,837,662	SC 13G/A
Feb 09, 2024	massachusetts financial services co /ma/	5.2%	3,054,938	SC 13G
Jan 24, 2024	bank of new york mellon corp	6.18%	3,651,167	SC 13G/A
Jan 24, 2024	blackrock inc.	9.5%	5,635,156	SC 13G/A
Feb 14, 2023	fundsmith llp	7.62%	4,524,935	SC 13G
Feb 09, 2023	vanguard group inc	11.45%	6,803,307	SC 13G/A
Jan 27, 2023	bank of new york mellon corp	6.21%	3,689,116	SC 13G/A
Jan 24, 2023	blackrock inc.	11.1%	6,586,957	SC 13G/A
Apr 08, 2022	blackrock inc.	10.1%	6,108,293	SC 13G/A

Recent SEC filings of Waters Corp

View All Filings

Date Filed	Form Type	Document
May 07, 2024	10-Q	Quarterly Report
May 07, 2024	8-K	Current Report
Apr 12, 2024	ARS	ARS
Apr 12, 2024	DEF 14A	DEF 14A
Apr 12, 2024	DEFA14A	DEFA14A
Apr 08, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Mar 27, 2024	PRE 14A	PRE 14A
Mar 14, 2024	4	Insider Trading

Peers (Alternatives to Waters Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
DHR	184.8B	23.7B	2.15%	6.10%	41.98	7.79	-8.94%	-35.91%
A	41.9B	6.7B	-1.12%	12.16%	33.87	6.22	-2.81%	-6.58%
IDXX	40.2B	3.7B	-5.35%	1.62%	46.43	10.8	8.57%	23.94%
DGX	15.1B	9.3B	4.70%	1.87%	17.88	1.63	-3.29%	6.68%
CRL	12.1B	4.1B	-7.72%	25.48%	25.45	2.93	3.86%	-2.39%
MEDP	12.0B	2.0B	-5.25%	88.97%	38.39	6.11	25.57%	21.62%
NTRA	11.5B	1.1B	0.17%	80.36%	-26.55	10.66	31.99%	20.63%
EXAS	11.0B	2.5B	-16.68%	-16.30%	-45.65	4.33	15.21%	53.51%
MID-CAP
NEOG	2.6B	929.2M	-16.06%	-28.54%	1.7K	2.81	28.93%	111.61%
GH	2.3B	563.9M	-0.05%	-22.26%	-4.73	4.03	25.45%	26.76%
SMALL-CAP
CDNA	527.1M	280.3M	6.82%	19.34%	-2.77	1.88	-12.89%	-148.37%
ACRS	86.9M	31.1M	2.52%	-85.27%	-1.13	2.79	0.95%	19.75%
APDN	63.3M	9.0M	832.50%	245.37%	-8.76	7.04	-53.31%	2.21%
AWH	36.8M	9.2M	5.67%	-34.65%	-2.2	4.02	11.85%	44.15%
BIOC	183.8K	25.9M	-50.00%	-94.83%	-0.01	0.01	-57.78%	-93.11%

Waters Corp News

Latest updates

Waters Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-22.3%	637	819	712	741	685	859	709	714	691	836	659	682	609	787	594	520	465	716	577	599	514
Costs and Expenses	-9.4%	503	555	532	541	511	572	517	515	495	574	467	485	437	523	435	365	397	480	404	422	393
S&GA Expenses	-3.2%	175	180	187	187	182	174	164	162	157	173	153	158	143	153	135	117	148	141	126	133	134
R&D Expenses	0.5%	45.00	44.00	42.00	46.00	43.00	48.00	43.00	44.00	40.00	43.00	42.00	45.00	38.00	40.00	35.00	31.00	35.00	37.00	34.00	36.00	35.00
EBITDA Margin	-2.7%	0.30*	0.31*	0.31*	0.32*	0.32*	0.32*	0.32*	0.32*	0.33*	0.33*	0.34*	0.33*	-	-	-	-	-	-	-	-	-
Interest Expenses	-16.9%	26.00	31.00	30.00	23.00	14.00	14.00	12.00	11.00	11.00	11.00	11.00	12.00	11.00	11.00	11.00	13.00	14.00	14.00	11.00	11.00	12.00
Income Taxes	-40.8%	13.00	21.00	19.00	30.00	24.00	48.00	27.00	27.00	27.00	36.00	21.00	30.00	26.00	39.00	24.00	22.00	4.00	24.00	27.00	27.00	8.00
Earnings Before Taxes	-51.7%	115	238	153	180	165	275	183	192	187	252	183	197	174	257	150	145	58.00	224	165	172	117
EBT Margin	-5.3%	0.24*	0.25*	0.26*	0.27*	0.28*	0.28*	0.28*	0.28*	0.29*	0.29*	0.30*	0.29*	-	-	-	-	-	-	-	-	-
Net Income	-52.7%	102	216	135	151	141	227	156	165	160	216	161	167	148	218	127	123	54.00	201	138	144	109
Net Income Margin	-4.5%	0.21*	0.22*	0.22*	0.23*	0.23*	0.24*	0.24*	0.24*	0.25*	0.25*	0.25*	0.25*	-	-	-	-	-	-	-	-	-
Free Cashflow	14.2%	263	230	158	18.00	197	199	158	57.00	198	218	168	143	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-2.5%	4,509	4,627	4,497	4,548	3,307	3,281	3,070	3,041	3,041	3,095	3,116	3,104	3,212	2,840	2,679	2,648	2,667	2,557	2,561	2,823	3,250
Current Assets	-6.3%	1,643	1,753	1,635	1,681	1,774	1,764	1,576	1,564	1,585	1,629	1,658	1,639	1,768	1,401	1,292	1,269	1,328	1,312	1,344	1,620	2,078
Cash Equivalents	-14.6%	337	395	336	330	486	481	444	419	480	501	525	460	684	437	375	339	390	336	405	588	685
Inventory	4.3%	539	516	544	537	499	456	442	410	382	356	389	349	328	304	327	344	344	321	369	352	333
Net PPE	-0.9%	634	639	617	615	590	582	547	546	547	548	530	527	514	494	470	459	439	417	381	369	356
Goodwill	-0.6%	1,298	1,305	1,308	1,300	432	430	420	428	436	438	437	440	438	444	431	427	424	72.00	354	356	357
Liabilities	-6.4%	3,252	3,477	3,592	3,777	2,707	2,777	2,685	2,648	2,666	2,727	2,821	2,835	2,981	2,608	2,721	2,840	3,005	2,773	2,446	2,267	2,282
Current Liabilities	7.5%	848	790	745	809	802	786	732	747	688	681	672	681	785	805	722	697	551	591	597	612	603
Long Term Debt	-13.0%	2,006	2,306	2,455	2,580	1,430	1,525	1,495	1,434	1,444	1,514	1,614	1,603	1,603	1,207	1,421	1,546	1,846	1,581	1,256	1,048	1,048
LT Debt, Non Current	-100.0%	-	2,306	2,455	2,580	1,430	1,525	1,495	1,434	1,444	1,514	1,614	1,603	1,603	1,207	1,421	1,546	1,846	1,581	1,256	1,048	1,048
Shareholder's Equity	9.2%	1,257	1,150	906	771	600	504	385	392	375	368	295	268	231	232	-	-	-	-	116	556	968
Retained Earnings	1.1%	9,253	9,151	8,935	8,800	8,650	8,509	8,282	8,126	7,961	7,801	7,585	7,423	7,256	7,108	6,890	6,763	6,640	6,587	6,387	6,249	6,104
Additional Paid-In Capital	1.1%	2,291	2,266	2,250	2,232	2,215	2,200	2,182	2,166	2,138	2,115	2,106	2,090	2,054	2,029	1,983	1,959	1,948	1,927	1,898	1,884	1,872
Shares Outstanding	0.2%	59.00	59.00	59.00	59.00	59.00	59.00	60.00	60.00	61.00	62.00	61.00	62.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	15,634	-	-	-	20,209,471	-	-	-	21,856	-	10,820	-	-	-	-	-	14,555	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	14.2%	262,870	230,122	157,818	18,118	196,751	198,709	158,089	56,903	197,960	217,938	167,892	143,040	218,404	267,482	172,579	198,811	151,635	191,895	148,389	127,024	175,779
Share Based Compensation	135.0%	10,913	4,644	8,490	10,929	12,805	11,635	10,207	9,789	10,933	7,969	6,353	7,291	8,305	9,150	9,593	8,926	9,196	9,660	9,662	9,314	9,941
Cashflow From Investing	21.6%	-29,744	-37,944	-37,401	-1,332,514	-34,406	-62,184	-38,380	-26,395	18,992	16,798	32,678	-122,102	-159,004	-37,533	-34,226	-62,160	-130,175	-56,639	40,378	351,024	434,039
Cashflow From Financing	-123.9%	-292,176	-130,487	-113,525	1,158,174	-159,211	-111,446	-88,006	-82,770	-227,411	-254,368	-135,716	-236,966	188,775	-172,534	-108,602	-192,284	32,918	-211,137	-366,807	-571,600	-723,134
Buy Backs	8490.4%	13,089	-156	692	236	69,505	148,894	155,223	151,808	170,136	156,235	151,188	168,202	173,305	56.00	56.00	71.00	196,226	559,558	580,065	576,530	753,105

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WAT Income Statement

2024-03-30

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 30, 2024	Apr. 01, 2023
Revenues:
Total net sales	$ 636,839	$ 684,674
Costs and operating expenses:
Selling and administrative expenses	174,536	181,956
Research and development expenses	44,595	42,691
Purchased intangibles amortization	11,834	1,479
Litigation provision	10,242	0
Total costs and operating expenses	502,993	510,506
Operating income	133,846	174,168
Other income, net	2,259	1,388
Interest expense	(25,520)	(14,444)
Interest income	4,271	4,061
Income before income taxes	114,856	165,173
Provision for income taxes	12,660	24,250
Net income	$ 102,196	$ 140,923
Net income per basic common share	$ 1.73	$ 2.39
Weighted-average number of basic common shares	59,232	59,023
Net income per diluted common share	$ 1.72	$ 2.38
Weighted-average number of diluted common shares and equivalents	59,431	59,317
Product [Member]
Revenues:
Total net sales	$ 376,151	$ 436,457
Costs and operating expenses:
Costs and operating expenses	153,182	180,354
Service [Member]
Revenues:
Total net sales	260,688	248,217
Costs and operating expenses:
Costs and operating expenses	$ 108,604	$ 104,026

WAT Balance Sheet

2024-03-30

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 337,290	$ 395,076
Investments	923	898
Accounts receivable, net	626,329	702,168
Inventories	538,634	516,236
Other current assets	139,782	138,489
Total current assets	1,642,958	1,752,867
Property, plant and equipment, net	633,594	639,073
Intangible assets, net	611,147	629,187
Goodwill	1,297,826	1,305,446
Operating lease assets	81,065	84,591
Other assets	242,374	215,690
Total assets	4,508,964	4,626,854
Current liabilities:
Notes payable and debt	50,000	50,000
Accounts payable	86,219	84,705
Accrued employee compensation	65,098	69,391
Deferred revenue and customer advances	336,718	256,675
Current operating lease liabilities	26,879	27,825
Accrued income taxes	120,520	120,257
Accrued warranty	10,853	12,050
Other current liabilities	152,172	168,677
Total current liabilities	848,459	789,580
Long-term liabilities:
Long-term debt	2,005,761	2,305,513
Long-term portion of retirement benefits	48,977	47,559
Long-term income tax liabilities	137,439	137,123
Long-term operating lease liabilities	55,927	58,926
Other long-term liabilities	155,876	137,812
Total long-term liabilities	2,403,980	2,686,933
Total liabilities	3,252,439	3,476,513
Commitments and contingencies (Notes 6, 7 and 9)
Stockholders' equity:
Preferred stock, par value $0.01 per share, 5,000 shares authorized, none issued at March 30, 2024 and December 31, 2023	0	0
Common stock, par value $0.01 per share, 400,000 shares authorized, 162,882 and 162,709 shares issued, 59,310 and 59,176 shares outstanding at March 30, 2024 and December 31, 2023, respectively	1,629	1,627
Additional paid-in capital	2,291,103	2,266,265
Retained earnings	9,253,017	9,150,821
Treasury stock, at cost, 103,572 and 103,533 shares at March 30, 2024 and December 31, 2023, respectively	(10,147,341)	(10,134,252)
Accumulated other comprehensive loss	(141,883)	(134,120)
Total stockholders' equity	1,256,525	1,150,341
Total liabilities and stockholders' equity	$ 4,508,964	$ 4,626,854

About 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.

CEO	Dr. Udit Batra Ph.D.
WEBSITE	waters.com
INDUSTRY	Diagnostics & Research
EMPLOYEES	8200

Waters Corp Frequently Asked Questions

What is the ticker symbol for Waters Corp? What does WAT stand for in stocks?

WAT is the stock ticker symbol of Waters Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Waters Corp (WAT)?

As of Wed May 08 2024, market cap of Waters Corp is 19.2 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WAT stock?

You can check WAT's fair value in chart for subscribers.

What is the fair value of WAT stock?

You can check WAT's fair value in chart for subscribers. The fair value of Waters Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Waters Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WAT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Waters Corp a good stock to buy?

The fair value guage provides a quick view whether WAT is over valued or under valued. Whether Waters Corp is cheap or expensive depends on the assumptions which impact Waters Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WAT.

What is Waters Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, WAT's PE ratio (Price to Earnings) is 31.82 and Price to Sales (PS) ratio is 6.6. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WAT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Waters Corp's stock?

In the past 10 years, Waters Corp has provided 0.121 (multiply by 100 for percentage) rate of return.