Waters Corporation (WAT)<\/b> has been on an upward trajectory, achieving 52-week highs multiple times, reaching $420.32 amidst strong growth. Investors<\/b> show consistent interest, including Pacer Advisors and Robeco Institutional Asset Management holding sizeable stakes. Stock growth<\/b> surpasses underlying earnings growth in the last five years. Notably, Q3 results<\/b> also show strong revenue and margin performance, prompting an increase in annual profit forecast due to higher lab equipment demand. The corporation also anticipates a good Q4. WAT has had some challenges, concerns arising on new biotech equipment export controls. Yet overall, the company is moving in the right direction, opening a high-tech manufacturing facility in Longbridge, UK, expanding manufacturing capacity. Sustainability efforts<\/b> are also noteworthy, hitting climate goals early with a 36% emissions cut. On the innovation front, WAT launches Smart-Seal Pans<\/b>, cutting lab costs by 50%, ACQUITY RDa Detector, and Alliance iS HPLC System aimed at reducing common lab errors. Wyatt Technology<\/b>, Light Scattering Instrument and Software leader, joined the WAT portfolio, strengthening its position in the market.
Waters Corp WAT News Analytics from Wed, 29 Jul 2015 17:43:15 GMT to Sat, 01 Feb 2025 18:30:31 GMT -
Rating 7
- Innovation 8
- Rumor 5
