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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Hardware, & plumbing & heating equipment & supplies
Sub-IndustryTrading Companies & Distributors
SectorConstruction
Current SymbolNYSE:WSO
Previous Symbol
CUSIP94262220
Phone305-714-4100
Debt
Debt-to-Equity RatioN/A
Current Ratio2.95
Quick Ratio1.36
Price-To-Earnings
Trailing P/E Ratio26.61
Forward P/E Ratio22.57
P/E Growth1.77
Sales & Book Value
Annual Sales$4.34 billion
Price / Sales1.25
Cash Flow$6.2526 per share
Price / Cash23.32
Book Value$44.44 per share
Price / Book3.28
Profitability
EPS (Most Recent Fiscal Year)$5.48
Net Income$208.22 million
Net Margins5.15%
Return on Equity14.00%
Return on Assets10.27%
Miscellaneous
Employees5,200
Outstanding Shares37,370,000
Market Cap$5.34 billion
OptionableOptionable
Watsco (NYSE:WSO) Frequently Asked Questions
What is Watsco's stock symbol?
Watsco trades on the New York Stock Exchange (NYSE) under the ticker symbol "WSO."
How often does Watsco pay dividends? What is the dividend yield for Watsco?
Watsco declared a quarterly dividend on Monday, October 1st. Shareholders of record on Monday, October 15th will be given a dividend of $1.45 per share on Wednesday, October 31st. This represents a $5.80 annualized dividend and a yield of 3.98%. The ex-dividend date is Friday, October 12th. View Watsco's Dividend History.
How were Watsco's earnings last quarter?
Watsco Inc (NYSE:WSO) issued its quarterly earnings results on Thursday, October, 25th. The construction company reported $2.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.26 by $0.15. The construction company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.31 billion. Watsco had a net margin of 5.15% and a return on equity of 14.00%. During the same quarter in the previous year, the business posted $1.82 EPS. View Watsco's Earnings History.
When is Watsco's next earnings date?
What guidance has Watsco issued on next quarter's earnings?
Watsco issued an update on its FY 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share (EPS) guidance of $6.40-6.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.70.
What price target have analysts set for WSO?
10 brokerages have issued 12 month price targets for Watsco's stock. Their forecasts range from $160.00 to $195.00. On average, they expect Watsco's stock price to reach $180.2857 in the next twelve months. This suggests a possible upside of 23.6% from the stock's current price. View Analyst Price Targets for Watsco.
What is the consensus analysts' recommendation for Watsco?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Watsco in the last year. There are currently 1 sell rating, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Watsco.
Has Watsco been receiving favorable news coverage?
News stories about WSO stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press 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 impact score of 0.5 on InfoTrie's scale. They also gave media stories about the construction company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near future.
Who are some of Watsco's key competitors?
Some companies that are related to Watsco include Weyerhaeuser (WY), ATLANTIA SPA/ADR (ATASY), FERROVIAL S A/ADR (FRRVY), Vulcan Materials (VMC), Lennar (LEN), HEIDELBERGCEMEN/ADR (HDELY), Rollins (ROL), D. R. Horton (DHI), Nippon Paint (NPCPF), Martin Marietta Materials (MLM), Lennar (LEN.B), Jacobs Engineering Group (JEC), SEKISUI HOUSE L/S (SKHSY), United Rentals (URI) and PERSIMMON/ADR (PSMMY).
Who are Watsco's key executives?
Watsco's management team includes the folowing people:
- Mr. Albert H. Nahmad, Chairman & CEO (Age 77)
- Mr. Aaron J. Nahmad, Pres & Director (Age 37)
- Ms. Ana M. Menendez, CFO, Treasurer & Assistant Sec. (Age 53)
- Mr. Barry S. Logan, Sr. VP & Sec. (Age 55)
- Mr. Steven Rupp, Chief Technology Officer
Who are Watsco's major shareholders?
Watsco's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.41%), Capital World Investors (4.23%), FMR LLC (2.62%), Baillie Gifford & Co. (2.47%), Bank of New York Mellon Corp (2.08%) and Blair William & Co. IL (2.08%). Company insiders that own Watsco stock include Barry S Logan and Technologies Corp /De/ United. 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 BlackRock Inc., Baird Financial Group Inc., FMR LLC, First Quadrant L P CA, Frontier Capital Management Co. LLC, WINTON GROUP Ltd, JPMorgan Chase & Co. and Alliancebernstein L.P.. View Insider Buying and Selling for Watsco.
Which institutional investors are buying Watsco stock?
WSO stock was purchased by a variety of institutional investors in the last quarter, including Capital World Investors, Point72 Asset Management L.P., Baillie Gifford & Co., Epoch Investment Partners Inc., Man Group plc, Ffcm LLC, Canada Pension Plan Investment Board and Markel Corp. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Watsco's stock price today?
One share of WSO stock can currently be purchased for approximately $145.81.
How big of a company is Watsco?
Watsco has a market capitalization of $5.34 billion and generates $4.34 billion in revenue each year. The construction company earns $208.22 million in net income (profit) each year or $5.48 on an earnings per share basis. Watsco employs 5,200 workers across the globe.
What is Watsco's official website?
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]
MarketBeat Community Rating for Watsco (NYSE WSO)
MarketBeat's community ratings are surveys of what our community members think about Watsco and other stocks. Vote "Outperform" if you believe WSO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WSO will underperform the S&P 500 over the long term. You may vote once every thirty days.
