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Added to YB: 2024-10-30

Pitch date: 2024-09-30

WAT [bullish]

Waters Corporation

+7.01%

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

$23.6B

Pitch Price

$360.08

Price Target

N/A

Dividend

N/A

EV/EBITDA

22.26

P/E

36.39

EV/Sales

7.94

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)