Assessing Waters: Insights From 4 Financial Analysts
Portfolio Pulse from Benzinga Insights
Waters Corporation (NYSE:WAT) has been analyzed by four financial analysts, showing a shift towards a more cautious stance over the last quarter with three indifferent and one somewhat bearish rating. The 12-month price targets suggest a bullish outlook with an average target of $321.00, up from $311.00, indicating a 3.22% increase. Analyst actions include both raises and lowers in ratings and price targets, reflecting varied perspectives on the company's performance and market conditions. Waters's financial overview highlights challenges such as a -4.55% revenue decline and a high debt-to-equity ratio, yet also points to strong profitability metrics like a 26.38% net margin and a 21.03% ROE.
May 08, 2024 | 2:00 pm
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NEUTRAL IMPACT
Waters Corporation received mixed analyst ratings, with a cautious outlook but a slight increase in the average price target to $321.00. Despite facing revenue declines and high debt levels, the company shows strong profitability metrics.
The mixed analyst ratings with a cautious outlook reflect uncertainty, while the increase in the average price target suggests optimism about the company's future performance. However, the revenue decline and high debt levels are concerning factors that could limit stock price growth. The strong profitability metrics, such as net margin and ROE, provide a positive counterbalance, indicating that the company is managing its operations efficiently despite broader challenges. This complex mix of factors leads to a neutral short-term impact score.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100