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NYSE:WSO

Watsco Stock Forecast, Price & News

$225.11
-1.91 (-0.84 %)
(As of 10/28/2020 12:00 AM ET)
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Today's Range
$222.58
Now: $225.11
$227.46
50-Day Range
$227.02
MA: $233.72
$239.84
52-Week Range
$132.97
Now: $225.11
$249.30
Volume171,670 shs
Average Volume250,966 shs
Market Capitalization$8.65 billion
P/E Ratio36.90
Dividend Yield3.13%
Beta0.79
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: 0.9Community Rank: 2.1Dividend Strength: 0.8Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.10 out of 5 stars

Industry, Sector and Symbol

Industry Hardware, & plumbing & heating equipment & supplies
Sub-IndustryTrading Companies & Distributors
CUSIP94262220
Phone305-714-4100
Employees5,800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.77 billion
Cash Flow$6.88 per share
Book Value$45.01 per share

Profitability

Net Income$245.95 million

Miscellaneous

Market Cap$8.65 billion
Next Earnings Date2/11/2021 (Estimated)
OptionableOptionable
$225.11
-1.91 (-0.84 %)
(As of 10/28/2020 12:00 AM 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 36.5% and is now trading at $225.11.
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, 5 hold ratings and 1 buy rating 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, February 11th 2021.
View our earnings forecast for Watsco
.

How were Watsco's earnings last quarter?

Watsco Inc (NYSE:WSO) posted its earnings results on Thursday, October, 22nd. The construction company reported $2.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.53 by $0.23. The construction company had revenue of $1.54 billion for the quarter, compared to analysts' expectations of $1.50 billion. Watsco had a return on equity of 13.38% and a net margin of 4.77%. The business's revenue was up 10.2% on a year-over-year basis. During the same period in the previous year, the firm posted $2.20 earnings per share.
View Watsco's earnings history
.

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

Watsco announced a quarterly dividend on Friday, October 2nd. Stockholders of record on Thursday, October 15th will be given a dividend of $1.775 per share on Friday, October 30th. This represents a $7.10 annualized dividend and a dividend yield of 3.15%. The ex-dividend date is Wednesday, October 14th.
View Watsco's dividend history
.

What price target have analysts set for WSO?

8 brokers have issued 1-year price targets for Watsco's shares. Their forecasts range from $160.00 to $219.00. On average, they anticipate Watsco's share price to reach $184.40 in the next twelve months. This suggests that the stock has a possible downside of 18.1%.
View analysts' price targets for Watsco
.

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), The Walt Disney (DIS), Verizon Communications (VZ), Johnson & Johnson (JNJ), Home Depot (HD), Coca-Cola (KO), Netflix (NFLX), Tesla (TSLA), Visa (V) and AbbVie (ABBV).

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 institutional and retail investors. Top institutional shareholders include DAVENPORT & Co LLC (1.62%), Welch & Forbes LLC (0.50%), Dearborn Partners LLC (0.49%), Howland Capital Management LLC (0.42%), Riverbridge Partners LLC (0.40%) and Conestoga Capital Advisors LLC (0.16%). Company insiders that own Watsco stock include Barry S Logan, Bob L Moss and George Sape.
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 DAVENPORT & Co LLC, Retirement Systems of Alabama, Denali Advisors LLC, Dearborn Partners LLC, Grace & White Inc. NY, Handelsinvest Investeringsforvaltning, New Mexico Educational Retirement Board, and RFG Advisory 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 major investors are buying Watsco stock?

WSO stock was acquired by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Pacer Advisors Inc., Conestoga Capital Advisors LLC, Envestnet Asset Management Inc., Welch & Forbes LLC, Campbell & CO Investment Adviser LLC, NEXT Financial Group Inc, and Moody Lynn & Lieberson LLC.
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 $225.11.

How big of a company is Watsco?

Watsco has a market capitalization of $8.65 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 10/29/2020 by MarketBeat.com Staff

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