0LTI Stock Chart & Stats
$369.14
$3.76(1.02%)
At close: 4:00 PM EDT
$369.14
$3.76(1.02%)
Day’s Range― - ―
52-Week Range$270.00 - $415.52
Previous CloseN/A
Volume985.00
Average Volume (3M)168.00
Market Cap
$37.05B
Enterprise Value$30.10K
Total Cash (Recent Filing)$539.00M
Total Debt (Recent Filing)$5.09B
Price to Earnings (P/E)47.9
Beta0.78
Next Earnings
Nov 03, 2026Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.02
Shares Outstanding98,185,850
10 Day Avg. Volume85
30 Day Avg. Volume168
Financial Highlights & Ratios
PEG Ratio75.61
Price to Book (P/B)8.83
Price to Sales (P/S)7.14
P/FCF Ratio41.87
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$426.56Price Target Upside15.56% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering17
EPS Forecast (FY)14.57
Revenue Forecast (FY)$6.45B
Bulls Say, Bears Say
Bulls Say
Recurring Consumables & ServicesWaters' business model combines capital equipment sales with high-frequency consumables and service revenues tied to a large installed base. This creates durable, annuity-like revenue, strong customer lock-in and steady demand that supports cash flow and margin stability across cycles.
Cash Generation & Free Cash FlowSolid operating and free cash flow with strong recent FCF growth provides durable funding for R&D, capex, integration costs, and debt reduction. Even with some cash conversion variability, consistent multi-hundred-million FCF supports strategic investments and margin-improving initiatives over months.
Product Pipeline & Cost ActionsMeaningful run-rate cost savings alongside multiple instrument and consumable launches create a two-pronged structural improvement: margin expansion from efficiency and renewed replacement/consumable demand from new products, supporting sustainable EPS and cash-flow progression if execution continues.
Bears Say
Margin DeteriorationMaterial step-down in profitability versus historical norms signals structural pressure from integration costs, mix shifts, or higher operating expense. Sustained lower margins reduce shock-absorption, limit reinvestment capacity, and raise execution risk if new revenue growth must fund margin recovery.
Balance Sheet & ROE VolatilityWhile current leverage looks conservative, prior high variability in equity and ROE reduces predictability of returns and complicates capital allocation. Volatile capital structure can reflect acquisition accounting and makes it harder to judge sustainable financial leverage and shareholder returns over coming quarters.
Reagent Contract Remediation RiskIdentified compliance issues across hundreds of reagent contracts pose a structural risk to recurring consumables revenue and margins. Remediation may require refunds, contract resets or lost sales, creating multi-quarter revenue and cash-flow uncertainty until contracts are resolved and controls are strengthened.
Waters News
0LTI FAQ
What was Waters Corp.’s price range in the past 12 months?
Waters Corp. lowest share price was $270.00 and its highest was $415.52 in the past 12 months.
What is Waters Corp.’s market cap?
Waters Corp.’s market cap is $37.05B.
When is Waters Corp.’s upcoming earnings report date?
Waters Corp.’s upcoming earnings report date is Nov 03, 2026 which is in 89 days.
How were Waters Corp.’s earnings last quarter?
Waters Corp. 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 Corp. overvalued?
According to Wall Street analysts Waters Corp.’s price is currently Undervalued.
Does Waters Corp. pay dividends?
Waters Corp. pays a Notavailable dividend of $0.285 which represents an annual dividend yield of N/A. See more information on Waters Corp. dividends here
What is Waters Corp.’s EPS estimate?
Waters Corp.’s EPS estimate is 4.
How many shares outstanding does Waters Corp. have?
Waters Corp. has 98,185,850 shares outstanding.
What happened to Waters Corp.’s price movement after its last earnings report?
Waters Corp. 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 Corp.?
Currently, no hedge funds are holding shares in GB:0LTI
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
Waters Stock Smart Score
Outperform
1
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5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$426.56 (15.56% Upside)
$426.56 (15.56% Upside)
Blogger Sentiment
Bullish
GB:0LTI Sentiment 67%
Sector Average ―
Sector Average ―
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
25.53%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
434.26%
Trailing 12-Months
Company Description
Waters Corp.
Waters Corporation is a global leader in specialized measurement, delivering analytical solutions across Asia, the Americas, and Europe. The company operates through two main divisions: Waters and TA. Under its Waters segment, it engineers, manufactures, sells, and provides support for high and ultra-performance liquid chromatography and mass spectrometry (MS) systems. This includes essential consumables like chromatography columns and comprehensive post-warranty service plans. The TA segment focuses on designing, producing, selling, and servicing instruments for thermal analysis, rheometry, and calorimetry. Additionally, Waters develops and supplies sophisticated software that integrates with both its own instruments and those from other manufacturers. The company's advanced MS technology plays a crucial role in various applications, such as drug discovery and development (including clinical trial assessments), analyzing proteins involved in disease processes, ensuring nutritional safety, and conducting environmental testing. Its thermal analysis, rheometry, and calorimetry instruments are vital for assessing the suitability and stability of a wide range of materials, including fine chemicals, pharmaceuticals, water, polymers, metals, and viscous liquids. These instruments support diverse sectors like industrial manufacturing, consumer goods, healthcare products, and life science research. Waters' extensive client base spans the life sciences, pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic, and governmental sectors, where its products are instrumental in research and development, quality assurance, and general laboratory operations. Established in 1958, Waters Corporation is headquartered in Milford, Massachusetts.
0LTI Company Deck
0LTI Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveys a strongly positive operational and financial momentum: revenue beats, multiple high-impact product launches, accelerating performance in the acquired BD businesses (mid-single-digit growth and improving quarter-to-quarter), completed cost actions with significant run-rate savings, and raised full-year guidance. Offsetting risks are notable but manageable in the near term — acquisition accounting produced a GAAP loss, FX and China/DRG-related headwinds pressured some reported results, and integration-related cash outflows and contract remediation remain work in progress. Taken together, the highlights (organic growth outperformance, raised guidance, product-driven replacement opportunities, and meaningful cost synergies) materially outweigh the lowlights, though execution in China, reagent contract remediation and FX remain watch points.View all GB:0LTI earnings summaries0LTI Revenue Breakdown
34.81% Waters instrument systems
19.95% Chemistry consumables
34.13% Waters service
7.70% TA instrument systems
3.41% TA service
0LTI Stock 12 Month Forecast
Average Price Target
$426.56
▲(15.56% Upside)