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Added to YB: 2024-10-30

Pitch date: 2024-09-30

WAT [bullish]

Waters Corporation

-8.73%

current return

Author Info

No bio for this author

Company Info

Waters Corporation provides analytical workflow solutions in Asia, the Americas, and Europe. It operates through two segments, Waters and TA.

Market Cap

$31.7B

Pitch Price

$360.08

Price Target

N/A

Dividend

N/A

EV/EBITDA

28.97

P/E

30.05

EV/Sales

10.28

Sector

Life Sciences Tools and Services

Category

value

Show full summary:
Artisan Mid Cap Value Fund Portfolio Holding: Waters Corporation

WAT: Leading QA/QC measurement co. for pharma/industrial. 50% recurring revenue, 20% FCF margin. China market improving. Attractive valuation vs peers due to pharma capex concerns. Sticky instrument sales (50% rev) due to regulatory filing methods. High, stable margins & strong cash conversion.

Read full article (1 min)