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
SymbolNYSE:WSO
CUSIP94262220
Phone305-714-4100
Debt
Debt-to-Equity Ratio0.09
Current Ratio3.10
Quick Ratio1.43
Price-To-Earnings
Trailing P/E Ratio31.37
Forward P/E Ratio25.81
P/E GrowthN/A
Sales & Book Value
Annual Sales$4.34 billion
Price / Sales1.48
Cash Flow$6.1240 per share
Price / Cash28.07
Book Value$43.40 per share
Price / Book3.96
Profitability
EPS (Most Recent Fiscal Year)$5.48
Net Income$208.22 million
Net Margins5.05%
Return on Equity14.26%
Return on Assets10.01%
Miscellaneous
Employees5,200
Outstanding Shares37,370,000
Market Cap$6.43 billion
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 announced a quarterly dividend on Monday, July 2nd. Stockholders of record on Tuesday, July 17th will be given a dividend of $1.45 per share on Tuesday, July 31st. This represents a $5.80 annualized dividend and a dividend yield of 3.37%. The ex-dividend date is Monday, July 16th. View Watsco's Dividend History.
How were Watsco's earnings last quarter?
Watsco Inc (NYSE:WSO) issued its earnings results on Wednesday, July, 25th. The construction company reported $2.40 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $2.47 by $0.07. The construction company earned $1.33 billion during the quarter, compared to analyst estimates of $1.34 billion. Watsco had a return on equity of 14.26% and a net margin of 5.05%. The company's revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.07 EPS. View Watsco's Earnings History.
When is Watsco's next earnings date?
What price target have analysts set for WSO?
9 brokerages have issued 12-month price targets for Watsco's shares. Their forecasts range from $156.00 to $195.00. On average, they expect Watsco's stock price to reach $180.6667 in the next twelve months. This suggests a possible upside of 5.1% from the stock's current price. View Analyst Price Targets for Watsco.
What is the consensus analysts' recommendation for Watsco?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Watsco in the last year. There are currently 1 sell rating, 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Watsco.
Who are some of Watsco's key competitors?
Some companies that are related to Watsco include ATLANTIA SPA/ADR (ATASY), Lennar (LEN), D. R. Horton (DHI), HEIDELBERGCEMEN/ADR (HDELY), FERROVIAL S A/ADR (FRRVY), Vulcan Materials (VMC), Lennar Co. Class B (LEN.B), Nippon Paint (NPCPF), Martin Marietta Materials (MLM), United Rentals (URI), Rollins (ROL), Masco (MAS), SEKISUI HOUSE L/S (SKHSY), Cemex SAB de CV (CX) and Jacobs Engineering Group (JEC).
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
Has Watsco been receiving favorable news coverage?
News headlines about WSO stock have trended positive recently, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Watsco earned a news impact score of 0.27 on Accern's scale. They also gave press coverage about the construction company an impact score of 46.42 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for Watsco.
Who are Watsco's major shareholders?
Watsco's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.98%), FMR LLC (2.78%), Baillie Gifford & Co. (2.35%), Bank of New York Mellon Corp (2.07%), Wells Fargo & Company MN (1.96%) and Charles Schwab Investment Advisory Inc. (1.67%). Company insiders that own Watsco stock include Barry S Logan and Technologies Corp /De/ United. View Institutional Ownership Trends for Watsco.
Which major investors are selling Watsco stock?
WSO stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Waddell & Reed Financial Inc., DAVENPORT & Co LLC, Russell Investments Group Ltd., BlueMountain Capital Management LLC, Handelsbanken Fonder AB, Wells Fargo & Company MN and Sei Investments Co.. View Insider Buying and Selling for Watsco.
Which major investors are buying Watsco stock?
WSO stock was purchased by a variety of institutional investors in the last quarter, including Charles Schwab Investment Advisory Inc., United Services Automobile Association, Caledonia Investments PLC, BlackRock Inc., First Quadrant L P CA, First Trust Advisors LP, Raymond James & Associates and Baillie Gifford & Co.. 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 $171.90.
How big of a company is Watsco?
Watsco has a market capitalization of $6.43 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.
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.
