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Waters (NYSE:WAT) has been given an average rating of “Hold” by the fourteen analysts that are covering the stock, AnalystRatings.Net reports. Eight analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $112.96.

Waters (NYSE:WAT) traded up 0.03% on Wednesday, hitting $100.23. 83,788 shares of the company’s stock traded hands. Waters has a one year low of $94.50 and a one year high of $115.06. The stock has a 50-day moving average of $105.1 and a 200-day moving average of $105.2. The company has a market cap of $8.498 billion and a price-to-earnings ratio of 21.64.

Waters (NYSE:WAT) last announced its earnings results on Tuesday, April 29th. The company reported $0.92 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.12 by $0.20. The company had revenue of $431.00 million for the quarter, compared to the consensus estimate of $447.90 million. During the same quarter last year, the company posted $1.07 earnings per share. Waters’s revenue was up .0% compared to the same quarter last year. On average, analysts predict that Waters will post $5.33 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Macquarie cut their price target on shares of Waters from $124.00 to $117.00 in a research note on Wednesday, April 30th. They now have an “outperform” rating on the stock. Separately, analysts at Cowen and Company cut their price target on shares of Waters from $115.00 to $105.00 in a research note on Wednesday, April 30th. Finally, analysts at Leerink Swann reiterated a “market perform” rating on shares of Waters in a research note on Wednesday, April 30th. They now have a $106.00 price target on the stock, down previously from $120.00.

Waters Corporation (NYSE:WAT) is an analytical instrument manufacturer that primarily designs, manufactures, sells and services, through its Waters Division, high performance liquid chromatography (HPLC), ultra performance liquid chromatography (UPLC and together with HPLC, referred to as LC) and mass spectrometry (MS) technology systems and support products, including chromatography columns, other consumable products and post-warranty service plans.

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