Waters (NYSE:WAT) issued its quarterly earnings data on Tuesday. The medical instruments supplier reported $2.51 EPS for the quarter, beating the consensus estimate of $2.44 by $0.07, Bloomberg Earnings reports. The firm had revenue of $687.28 million during the quarter, compared to the consensus estimate of $671.98 million. Waters had a net margin of 24.34% and a return on equity of 23.61%. The company’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.21 earnings per share.
Waters (NYSE:WAT) opened at $214.77 on Tuesday. Waters has a 52-week low of $137.72 and a 52-week high of $215.19. The company has a debt-to-equity ratio of 0.66, a quick ratio of 5.71 and a current ratio of 6.16. The stock has a market cap of $16,759.20, a PE ratio of 31.68, a P/E/G ratio of 2.82 and a beta of 0.82.
In other Waters news, SVP Rohit Khanna sold 26,913 shares of the company’s stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $197.93, for a total value of $5,326,890.09. Following the sale, the senior vice president now owns 13,677 shares in the company, valued at $2,707,088.61. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP David Terricciano sold 21,997 shares of the company’s stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $197.52, for a total transaction of $4,344,847.44. Following the completion of the sale, the senior vice president now owns 9,173 shares in the company, valued at approximately $1,811,850.96. The disclosure for this sale can be found here. Insiders have sold 93,159 shares of company stock worth $18,412,172 in the last quarter. 5.07% of the stock is owned by corporate insiders.
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Waters Corporation is an analytical instrument manufacturer. The Company operates through two segments: Waters and TA. It designs, manufactures, sells and services 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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