On Monday, Waters Corp (NYSE: WAT) opened lower -13.81% from the last session, before settling in for the closing price of $352.91. Price fluctuations for WAT have ranged from $297.14 to $423.56 over the past 52 weeks.
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A company in the Healthcare sector has jumped its sales by 4.28% annually for the last half of the decade. Company’s average yearly earnings per share was noted 9.16% at the time writing. With a float of $59.38 million, this company’s outstanding shares have now reached $59.50 million.
In an organization with 7600 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 62.08%, operating margin of 28.37%, and the pretax margin is 26.24%.
Waters Corp (WAT) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Diagnostics & Research industry is another important factor to consider. The insider ownership of Waters Corp is 0.22%, while institutional ownership is 98.31%.
Waters Corp (WAT) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 9.16% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.13% during the next five years compared to 4.28% growth over the previous five years of trading.
Waters Corp (NYSE: WAT) Trading Performance Indicators
Check out the current performance indicators for Waters Corp (WAT). In the past quarter, the stock posted a quick ratio of 1.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.07. Likewise, its price to free cash flow for the trailing twelve months is 29.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.03, a number that is poised to hit 2.94 in the next quarter and is forecasted to reach 14.25 in one year’s time.
Technical Analysis of Waters Corp (WAT)
Let’s dig in a bit further. During the last 5-days, its volume was 1.0 million. That was better than the volume of 0.53 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 31.08%.
During the past 100 days, Waters Corp’s (WAT) raw stochastic average was set at 6.84%, which indicates a significant increase from 2.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.88 in the past 14 days, which was lower than the 11.73 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $348.85, while its 200-day Moving Average is $364.14. However, in the short run, Waters Corp’s stock first resistance to watch stands at $319.68. Second resistance stands at $335.18. The third major resistance level sits at $343.80. If the price goes on to break the first support level at $295.57, it is likely to go to the next support level at $286.95. The third support level lies at $271.45 if the price breaches the second support level.
Waters Corp (NYSE: WAT) Key Stats
There are currently 59,509K shares outstanding in the company with a market cap of 18.10 billion. Presently, the company’s annual sales total 2,958 M according to its annual income of 637,830 K. Last quarter, the company’s sales amounted to 661,710 K and its income totaled 121,380 K.
