With 0.74 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.56 million shares. The 52-week range on WAT shows that it touched its highest point at $423.56 and its lowest point at $279.24 during that stretch. It currently has a 1-year price target of $393.00. Beta for the stock currently stands at 1.14.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of WAT was down-trending over the past week, with a drop of -0.65%, but this was up by 6.03% over a month. Three-month performance dropped to -16.57% while six-month performance fell -10.78%. The stock gained 7.54% in the past year, while it has lost -6.88% so far this year. A look at the trailing 12-month EPS for WAT yields 11.03 with Next year EPS estimates of 14.19. For the next quarter, that number is 2.93. This implies an EPS growth rate of 8.93% for this year and 9.84% for next year. EPS is expected to grow by 9.86% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.28%.
Float and Shares Shorts:
At present, 59.50 million WAT shares are outstanding with a float of 59.37 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for WAT since 4 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $11.83565 being high and $11.76562 being low. For WAT, this leads to a yearly average estimate of $11.79563.
