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Waters Corporation’s Stock Price Soars to $336.42, Marking a Robust Increase of 3.90%

Waters Corporation (WAT)

336.42 USD +12.62 (+3.90%) Volume: 0.43M

Waters Corporation’s stock price is currently strong at 336.42 USD, showcasing a positive trading session with a +3.90% increase. With a trading volume of 0.43M and a Year-to-Date (YTD) percentage change of +2.18%, WAT’s stock performance continues to show promising growth.


Latest developments on Waters Corporation

Waters Corporation (NYSE:WAT) has seen notable stock price movements today, following a series of key events. The company recently released its Q1 2024 Earnings Call Transcript, revealing a wider range of chemical analysis capabilities within their cost-effective ACQUITY QDa II Mass Detector. This follows the appointment of Meredith Waters as General Counsel, fortifying the company’s legal team. Despite facing rough waters ahead, as indicated by EPAM Systems’ recent stock tank, Waters Corp. continues to innovate in its sector. However, the stock underperformed on Wednesday when compared to competitors.


A look at Waters Corporation Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE2.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Waters Corporation, a provider of high-performance liquid chromatography products and services, has received varying scores in different areas according to Smartkarma Smart Scores. While the company scored high in Growth and Momentum, indicating a positive outlook for future expansion and market performance, it received lower scores in Value, Dividend, and Resilience. This suggests that Waters may face challenges in terms of its financial standing, dividend payouts, and ability to withstand economic downturns. Investors may want to consider these factors when evaluating the long-term prospects of Waters.

With a strong emphasis on innovation and technology, Waters Corporation is positioned for growth and market momentum in the coming years. The company’s focus on providing high-quality products and services to industries such as pharmaceuticals, chemicals, and environmental testing bodes well for its future prospects. However, the lower scores in Value, Dividend, and Resilience indicate potential areas of concern that investors should keep in mind when assessing the overall outlook for Waters. By carefully considering these Smartkarma Smart Scores, stakeholders can make informed decisions about the long-term investment potential of Waters Corporation.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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