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NYSE:WSOWatsco Stock Price, Forecast & News

$238.86
+1.88 (+0.79 %)
(As of 08/13/2020 04:00 PM ET)
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Today's Range
$234.21
Now: $238.86
$240.40
50-Day Range
$170.56
MA: $204.64
$239.23
52-Week Range
$132.97
Now: $238.86
$241.02
Volume243,300 shs
Average Volume272,489 shs
Market Capitalization$9.16 billion
P/E Ratio39.16
Dividend Yield2.97%
Beta0.8
Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment; and related parts and supplies in the United States, Canada, Mexico, and Puerto Rico. It offers residential ducted and ductless air conditioners; gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. The company also provides parts comprising replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies. It serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. In addition, the company exports its products to Latin America and the Caribbean Basin. Watsco, Inc. was founded in 1945 and is headquartered in Miami, Florida.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 2.1Dividend Strength: 0.8Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.11 out of 5 stars


Industry, Sector and Symbol

Industry Hardware, & plumbing & heating equipment & supplies
Sub-IndustryTrading Companies & Distributors
CUSIP94262220
Phone305-714-4100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.77 billion
Cash Flow$7.14 per share
Book Value$45.01 per share

Profitability

Net Income$245.95 million

Miscellaneous

Employees5,800
Market Cap$9.16 billion
Next Earnings Date10/15/2020 (Estimated)
OptionableOptionable
$238.86
+1.88 (+0.79 %)
(As of 08/13/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Watsco (NYSE:WSO) Frequently Asked Questions

How has Watsco's stock been impacted by COVID-19 (Coronavirus)?

Watsco's stock was trading at $164.89 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WSO shares have increased by 44.9% and is now trading at $238.86.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Watsco?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Watsco in the last year. There are currently 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Watsco
.

When is Watsco's next earnings date?

Watsco is scheduled to release its next quarterly earnings announcement on Thursday, October 15th 2020.
View our earnings forecast for Watsco
.

How were Watsco's earnings last quarter?

Watsco Inc (NYSE:WSO) issued its quarterly earnings data on Thursday, July, 23rd. The construction company reported $2.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.88 by $0.38. The construction company had revenue of $1.36 billion for the quarter, compared to analysts' expectations of $1.31 billion. Watsco had a net margin of 4.77% and a return on equity of 13.38%. The business's revenue was down .9% on a year-over-year basis. During the same period last year, the company earned $2.40 earnings per share.
View Watsco's earnings history
.

How often does Watsco pay dividends? What is the dividend yield for Watsco?

Watsco declared a quarterly dividend on Thursday, July 2nd. Stockholders of record on Thursday, July 16th will be given a dividend of $1.775 per share on Friday, July 31st. This represents a $7.10 dividend on an annualized basis and a yield of 2.97%. The ex-dividend date is Wednesday, July 15th.
View Watsco's dividend history
.

What price target have analysts set for WSO?

8 brokers have issued 1-year price objectives for Watsco's shares. Their forecasts range from $130.00 to $195.00. On average, they anticipate Watsco's stock price to reach $168.60 in the next year. This suggests that the stock has a possible downside of 29.4%.
View analysts' price targets for Watsco
.

Has Watsco been receiving favorable news coverage?

Headlines about WSO stock have trended negative recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Watsco earned a news sentiment score of -2.4 on InfoTrie's scale. They also assigned news coverage about the construction company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days.
View the latest news about Watsco
.

Are investors shorting Watsco?

Watsco saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 1,540,000 shares, an increase of 15.8% from the January 31st total of 1,330,000 shares. Based on an average trading volume of 177,100 shares, the short-interest ratio is presently 8.7 days.
View Watsco's Short Interest
.

Who are some of Watsco's key competitors?

What other stocks do shareholders of Watsco own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Watsco investors own include NVIDIA (NVDA), Walt Disney (DIS), Verizon Communications (VZ), Coca-Cola (KO), AbbVie (ABBV), Alibaba Group (BABA), IBM (IBM), Johnson & Johnson (JNJ), Netflix (NFLX) and Visa (V).

Who are Watsco's key executives?

Watsco's management team includes the following people:
  • Mr. Albert H. Nahmad, Chairman & CEO (Age 78)
  • Mr. Aaron J. Nahmad, Pres & Director (Age 38)
  • Ms. Ana M. Menendez, CFO, Treasurer & Assistant Sec. (Age 54)
  • Mr. Barry S. Logan, Sr. VP & Sec. (Age 56)
  • Mr. Stephen F. Rush, Exec. VP & COO (Age 69)

What is Watsco's stock symbol?

Watsco trades on the New York Stock Exchange (NYSE) under the ticker symbol "WSO."

Who are Watsco's major shareholders?

Watsco's stock is owned by a number of retail and institutional investors. Top institutional shareholders include FMR LLC (2.80%), DAVENPORT & Co LLC (1.96%), Bank of New York Mellon Corp (1.56%), Blair William & Co. IL (1.51%), Epoch Investment Partners Inc. (1.43%) and Boston Financial Mangement LLC (0.91%). Company insiders that own Watsco stock include Barry S Logan, Bob L Moss and George Sape.
View institutional ownership trends for Watsco
.

Which institutional investors are selling Watsco stock?

WSO stock was sold by a variety of institutional investors in the last quarter, including Scharf Investments LLC, Advisors Asset Management Inc., Blair William & Co. IL, Quantum Capital Management LLC NJ, Prudential Financial Inc., Cambridge Trust Co., Northstar Investment Advisors LLC, and Frontier Capital Management Co. LLC. Company insiders that have sold Watsco company stock in the last year include Barry S Logan, Bob L Moss, and George Sape.
View insider buying and selling activity for Watsco
.

Which institutional investors are buying Watsco stock?

WSO stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Nordea Investment Management AB, Boston Financial Mangement LLC, Bank of Nova Scotia, First Republic Investment Management Inc., Victory Capital Management Inc., Welch & Forbes LLC, and Pembroke Management LTD.
View insider buying and selling activity for Watsco
.

How do I buy shares of Watsco?

Shares of WSO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Watsco's stock price today?

One share of WSO stock can currently be purchased for approximately $238.86.

How big of a company is Watsco?

Watsco has a market capitalization of $9.16 billion and generates $4.77 billion in revenue each year. The construction company earns $245.95 million in net income (profit) each year or $6.50 on an earnings per share basis. Watsco employs 5,800 workers across the globe.

What is Watsco's official website?

The official website for Watsco is www.watsco.com.

How can I contact Watsco?

Watsco's mailing address is 2665 SOUTH BAYSHORE DRIVE SUITE 901, MIAMI FL, 33133. The construction company can be reached via phone at 305-714-4100 or via email at [email protected]

This page was last updated on 8/14/2020 by MarketBeat.com Staff

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