In Friday’s Wall Street session, Waters Corp (NYSE:WAT) shares traded at $346.37, down -0.60% from the previous session.
WAT stock price is now -0.47% away from the 50-day moving average and -4.31% away from the 200-day moving average. The market capitalization of the company currently stands at $20.61B.
With the price target maintained at $460, KeyBanc Capital Markets recently Upgraded its rating from Sector Weight to Overweight for Waters Corp (NYSE: WAT). On March 26, 2025, Robert W. Baird Upgraded its previous ‘Neutral’ rating to ‘Outperform’ on the stock increasing its target price from $396 to quote $407, while ‘Scotiabank’ rates the stock as ‘Sector Outperform’
In other news, FEARON RICHARD H, Director bought 1,000 shares of the company’s stock on May 28 ’24. The stock was bought for $332,900 at an average price of $332.90. Upon completion of the transaction, the Director now directly owns 1,653 shares in the company, valued at $0.57 million. A total of 0.21% of the company’s stock is owned by insiders.
During the past 12 months, Waters Corp has had a low of $279.24 and a high of $423.56. As of last week, the company has a debt-to-equity ratio of 0.78, a current ratio of 1.81, and a quick ratio of 1.28.
The net profit margin was 22.02% and return on equity was 40.82% for WAT. The company reported revenue of $661.71 million for the quarter, compared to $636.84 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.9 percent.
