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Waters (0LTI) Share Price & Analysis

0LTI Stock Chart & Stats

$460.11-$16.82(-3.53%)
At close: 4:30 PM GMT
$400$4503 Aug17 Aug31 Aug14 Sep28 Sep12 Oct26 Oct
Day’s Range
$459.51 - $489.88
52-Week Range
$270.00 - $489.88
Previous Close
$476.93
Volume
985
Average Volume (3M)
558
Market Cap
$45.46B
Enterprise Value
$42.16B
Total Cash (Recent Filing)
$539.00M
Total Debt (Recent Filing)
$5.25B
Price to Earnings (P/E)
115.1
Beta
0.69
Next Earnings
Nov 03, 2026 (Est.)
EPS Estimate
4
Last Dividend Ex-Date
Mar 15, 2022
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Recurring Revenue Model

Waters combines higher-value instrument sales with recurring consumables, software, and service revenue over the life of each platform. This installed-base model can support customer retention, deepen workflow integration, and make revenue more durable than a purely transactional equipment business.

Organic Growth And Guidance

Raised organic growth guidance indicates that management sees demand holding across the portfolio despite currency and regional pressures. Continued growth at this level would expand the installed base, support recurring revenue growth, and provide operating leverage as cost actions take effect.

Cash Generation And Lower Leverage

Positive operating and free cash flow gives Waters internal funding capacity for product development, customer support, and integration needs. Combined with sharply lower debt-to-equity in the latest snapshot, this improves financial flexibility and reduces pressure on future capital allocation.

Bears Say

Margin Deterioration

The sharp decline in profitability indicates that recent revenue growth has not translated proportionally into earnings. Unless cost actions and mix improvements reverse the pressure, weaker margins could reduce cash conversion, constrain reinvestment, and make future earnings more sensitive to demand fluctuations.

China Market Weakness

Broad weakness across several China-related businesses creates a regional growth and execution risk for Waters. Persistent declines could weigh on consolidated revenue, delay adoption of new instruments and diagnostics, and make the company more dependent on growth in other geographies to sustain its outlook.

Slower Instrument Replacement

A slower replacement cycle can lengthen the time between major instrument purchases and reduce the pace of capital-equipment growth. It may also delay expansion of the installed base that generates consumables and service revenue, making sustained growth more reliant on existing-platform utilization and newer product adoption.

Waters News

0LTI FAQ

What was Waters’s price range in the past 12 months?
Waters lowest share price was $270.00 and its highest was $489.88 in the past 12 months.
What is Waters’s market cap?
Waters’s market cap is $45.46B.
When is Waters’s upcoming earnings report date?
Waters’s next earnings report is estimated for Nov 03, 2026 (not yet confirmed), which is in 2 days.
How were Waters’s earnings last quarter?
Waters released its earnings results on Aug 04, 2026. The company reported $3.05 earnings per share for the quarter, beating the consensus estimate of $3.01 by $0.04.
Is Waters overvalued?
According to Wall Street analysts Waters’s price is currently Undervalued.
Does Waters pay dividends?
Waters pays a Notavailable dividend of $0.285 which represents an annual dividend yield of ―. See more information on Waters dividends here
What is Waters’s EPS estimate?
Waters’s EPS estimate is 4.00.
How many shares outstanding does Waters have?
Waters has 98,248,110 shares outstanding.
What happened to Waters’s price movement after its last earnings report?
Waters reported an EPS of $3.05 in its last earnings report, beating expectations of $3.01. Following the earnings report the stock price went up 5.487%.
Which hedge fund is a major shareholder of Waters?
Hedge funds hold Waters shares: the largest hedge-fund position in Waters is 418,339,043 shares, and hedge funds increased their holdings by 2.8M shares last quarter.
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology