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Waters Corporation (NYSE:WAT) stock recently hit a 52-week low of $297.03, following a sharp 12.5% decline over the past week. According to InvestingPro analysis, technical indicators suggest the stock is currently in oversold territory, potentially presenting an opportunity for value investors. This marks a significant point for the company, though the stock remains profitable with net income of $657 million over the last twelve months. While trading at a P/E ratio of 27.2x, InvestingPro analysis indicates the stock is slightly undervalued relative to its Fair Value. The decline reflects broader challenges in the market, as well as specific hurdles faced by the company. Investors are closely watching how Waters Corporation will navigate this period, with the stock’s performance being a key indicator of its financial health and strategic direction. For deeper insights, check out the comprehensive Pro Research Report available on InvestingPro, offering expert analysis of WAT and 1,400+ other top stocks.
In other recent news, Waters Corporation announced a $17.5 billion merger with Becton Dickinson (NYSE:BDX)’s Biosciences & Diagnostic Solutions business. This transaction is expected to double Waters’ total addressable market to approximately $40 billion, with projected annual growth of 5-7%. The merger is anticipated to be accretive to Waters’ adjusted earnings per share in the first year and is expected to close in the first quarter of 2026. UBS maintained a Neutral rating on Waters stock, expressing uncertainty about the long-term growth rate of the acquired assets. Similarly, Stifel reiterated a Hold rating, noting the strategic rationale behind the acquisition but emphasizing the need for consistent execution. BofA Securities lowered its price target for Waters to $330, citing concerns about the valuation of the transaction. In contrast, Scotiabank (TSX:BNS) raised its price target to $465, highlighting Waters’ strong positioning for growth in the coming years. These developments underscore varying analyst perspectives on Waters’ strategic moves and future growth potential.
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