Navigating 4 Analyst Ratings For Waters
Portfolio Pulse from Benzinga Insights
Waters Corporation (NYSE:WAT) has been evaluated by 4 analysts over the last three months, showing a shift towards a more cautious stance with 2 indifferent and 2 somewhat bearish ratings. The average 12-month price target for WAT has increased by 11.66% to $311.25. Despite facing a revenue decline of -4.55% as of December 31, 2023, Waters maintains a strong financial health with a net margin of 26.38% and an ROE of 21.03%. However, its high debt-to-equity ratio of 2.12 poses a challenge.
April 04, 2024 | 9:00 pm
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NEUTRAL IMPACT
Waters Corporation sees a cautious analyst outlook with an updated average price target of $311.25, despite a recent revenue decline and a high debt-to-equity ratio.
The mixed analyst ratings and the recent update in the average price target reflect a cautious but not entirely negative outlook on Waters. The financial health indicators such as net margin and ROE are strong, but the revenue decline and high debt-to-equity ratio could be concerning. The overall impact is neutral as the positive financial health metrics may balance out the concerns over revenue and debt.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100