Robert W. Baird analyst Catherine Ramsey Schulte maintained a Hold rating on Waters Corp (NYSE:WAT). on Wednesday, setting a price target of $297, which is approximately 5.61% below the present share price of $314.65.
Ramsey Schulte expects Waters Corp. to post earnings per share (EPS) of $3.51 for the second quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Sell rating of shares in Waters, with an average price target of $295.67.
The analysts price targets range from a high of $300 to a low of $290.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $786.66 million and a net profit of $270.66 million. The company's market cap is $19.53 billion.
According to TipRanks.com, Robert W. Baird analyst Catherine Ramsey Schulte is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 36.9% and a 75.81% success rate.
Waters Corp. is a measurement company, which engages in the analytical workflow solutions involving liquid chromatography, mass spectrometry and thermal analysis innovations. It operates through Waters and TA segments. The Waters segment designs, manufactures, distributes and services liquid chromatography and ultra performance liquid chromatography instruments, columns and other chemistry consumables that can be integrated and used along with other analytical instruments. The TA Instruments segment designs, manufactures, distributes and services thermal analysis, rheometry and calorimetry instruments. The company was founded by James Logan Waters in 1958 and is headquartered in Milford, MA.