Bio-Techne Inks New Agreement With Waters Corporation Stock to Gain?
| WAT Stock | USD 377.10 5.34 1.44% |
Slightly above 53% of Waters' private investors are presently thinking to get in. The analysis of overall sentiment of trading Waters stock suggests that some investors are interested at this time. Waters' investing sentiment can be driven by a variety of factors including economic data, Waters' earnings reports, geopolitical events, and overall market trends.
Waters |
TECH enters a co-marketing and co-promotion agreement with Waters Corporation to expand the reach of advanced biotherapeutic characterization and development processes.
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Waters Fundamental Analysis
We analyze Waters' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Waters using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Waters based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Gross Profit
Gross Profit Comparative Analysis
Waters is currently under evaluation in gross profit category among its peers. Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Waters Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Waters stock to make a market-neutral strategy. Peer analysis of Waters could also be used in its relative valuation, which is a method of valuing Waters by comparing valuation metrics with similar companies.
Peers
Waters Related Equities
| IDXX | IDEXX Laboratories | 3.28 | ||||
| TWST | Twist Bioscience | 2.49 | ||||
| CRL | Charles River | 2.01 | ||||
| ILMN | Illumina | 1.94 | ||||
| RVTY | Revvity | 1.75 | ||||
| DHR | Danaher | 1.43 | ||||
| MTD | Mettler Toledo | 1.13 | ||||
| ICLR | ICON PLC | 1.05 | ||||
| TMO | Thermo Fisher | 0.97 | ||||
| IQV | IQVIA Holdings | 0.96 | ||||
| SHC | Sotera Health | 1.39 |
Additional Tools for Waters Stock Analysis
When running Waters' price analysis, check to measure Waters' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Waters is operating at the current time. Most of Waters' value examination focuses on studying past and present price action to predict the probability of Waters' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waters' price. Additionally, you may evaluate how the addition of Waters to your portfolios can decrease your overall portfolio volatility.