Watsco/WSO

$410.60

-1.7%
-
1D1W1MYTD1YMAX

About Watsco

Watsco, Inc. is engaged in the distribution of air conditioning, heating and refrigeration equipment and related parts and supplies (HVAC/R) with locations in the United States, Canada, Mexico, and Puerto Rico, and on an export basis to Latin America and the Caribbean. The Company sells products to the commercial refrigeration market, which include condensing units, compressors, evaporators, valves, refrigerants, walk-in coolers, and ice machines for industrial and commercial applications. It also sells a variety of non-equipment products including parts, ductwork, air movement products, insulation, tools, installation supplies, thermostats, and air quality products. It distributes products manufactured by Flexible Technologies, Inc. (Flexible Technologies), Resideo Technologies, Inc. (Resideo), Copeland Corporation, LLC, The Chemours Company (Chemours), Mueller Industries, Inc. (Mueller), and Welbilt, Inc. (Welbilt), among others. The Company operates in approximately 692 locations.

Ticker

WSO

Sector

Industrials

Trading on

NYSE

Industry

Misc. Capital Goods

CEO

Albert Nahmad

Employees

7,350

Headquarters

Coconut grove, United States

Watsco Metrics

BasicAdvanced
$18.86B
Market cap
30.54
P/E ratio
$13.68
EPS
0.87
Beta
$9.80
Dividend rate
2.59%
Dividend yield
$18.86B
0.87299
$447.49
$310.20
343.89K
$9.80
3.359
1.467
1.238
1.238
76.63%
75.923
17.57%
24.25%
26.13%
30.538
2.589
8.293
12.133
131.132
2.81%
2.35%
2.59%
0.13%
-11.26%
12.95%
24.93%
12.27%

What the Analysts think about Watsco

Analyst Ratings

Majority rating from 14 analysts.
Hold

Price Targets

Average projection from 10 analysts.
1.36% upside
High $500.00
Low $350.00
$410.60
Current price
$416.19
Average price target

Watsco Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
5.14% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$1.6B
-24.62%
Net income
$82.5M
-51.73%
Profit margin
5.14%
-35.99%

Watsco Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 14.61%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$2.83
$4.42
$4.35
$2.06
-
Expected
$2.36
$4.93
$4.29
$2.41
$2.30
Surprise
19.75%
-10.26%
1.49%
-14.61%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Watsco stock?

Watsco (WSO) has a market cap of $18.86B as of April 15, 2024.

What is the P/E ratio for Watsco stock?

The price to earnings (P/E) ratio for Watsco (WSO) stock is 30.54 as of April 15, 2024.

Does Watsco stock pay dividends?

Yes, the Watsco (WSO) stock pays dividends to shareholders. As of April 15, 2024, the dividend rate is $9.8 and the yield is 2.59%. Watsco has a payout ratio of 76.63% on a trailing twelve-month basis.

When is the next Watsco dividend payment date?

The next Watsco (WSO) dividend payment is scheduled for April 30, 2024.

What is the beta indicator for Watsco?

Watsco (WSO) has a beta rating of 0.87. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Watsco stock price target?

The target price for Watsco (WSO) stock is $416.19, which is 1.36% above the current price of $410.6. This is an average based on projections from 10 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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