Waters Corp (NYSE: WAT) has reported E.P.S. of $2.41 for its second fiscal quarter (ending June 30) versus $2.56 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $10.07 versus $11.41 for the same period a year ago.
Recent Price Action
On 7/31/24, Waters Corp (NYSE: WAT) stock enjoyed a large increase of 2.6%, closing at $336.28. Moreover, unusually high trading volume at 195% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 11.8% during the last week.
Current PriceTarget Research Rating
WAT is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Waters has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Waters has a neutral Power Rating of 48 and a neutral Appreciation Score of 46, with the Low Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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