Waters Corporation Stock Rating Reaffirmed by Mizuho (WAT)
Waters Corporation (NYSE: WAT)‘s stock had its “buy” rating reiterated by investment analysts at Mizuho in a note issued to investors on Tuesday, Stock Ratings Network.com reports. They currently have a $105.00 target price on the stock, up from their previous target price of $100.00.
Waters Corporation (NYSE: WAT) traded up 0.16% on Tuesday, hitting $92.25. Waters Corporation has a 52-week low of $74.12 and a 52-week high of $96.25. The stock’s 50-day moving average is currently $92.93. The company has a market cap of $7.923 billion and a price-to-earnings ratio of 17.75.
Waters Corporation (NYSE: WAT) last announced its earnings results on Tuesday, April 23rd. The company reported $1.07 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.09 by $0.02. The company had revenue of $430.00 million for the quarter, compared to the consensus estimate of $432.83 million. During the same quarter last year, the company posted $1.00 earnings per share. Waters Corporation’s revenue was up 2.4% compared to the same quarter last year. Analysts expect that Waters Corporation will post $5.33 EPS for the current fiscal year.
WAT has been the subject of a number of other recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Waters Corporation in a research note to investors on Friday, February 22nd. They now have a $96.00 price target on the stock. Analysts at WallachBeth Capital upgraded shares of Waters Corporation from a “hold” rating to a “buy” rating in a research note to investors on Monday, January 28th. They now have a $103.00 price target on the stock, up previously from $87.00.
Twelve research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Waters Corporation presently has a consensus rating of “Hold” and a consensus price target of $93.88.
Waters Corporation (NYSE: WAT) is an analytical instrument manufacturer.
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