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Watsco (WSO)
NYSE:WSO
Watsco (WSO) Stock Price & Analysis
353 Followers
WSO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$307.20 - $482.30
Previous Close$479.46
Volume289.68K
Average Volume (3M)336.73K
Market Cap
$19.32B
Enterprise Value$19.90B
Total Cash (Recent Filing)$210.11M
Total Debt (Recent Filing)$404.79M
Price to Earnings (P/E)37.2
Beta1.25
Next Earnings
Jul 18, 2024EPS Estimate
$4.73Last Dividend Ex-Date
Apr 12, 2024Dividend Yield2.1%
Share Statistics
EPS (TTM)12.88
Shares Outstanding40,300,014
10 Day Avg. Volume317,101
30 Day Avg. Volume336,727
Standard Deviation0.08
R-Squared0.34
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)12.42
Price to Sales (P/S)2.29
Price to Cash Flow (P/CF)16.20
P/FCF Ratio16.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.73
Enterprise Value/Gross Profit9.99
Enterprise Value/Ebitda24.25
Forecast
1Y Price Target
$418.60Price Target Upside-13.59% Downside
Rating ConsensusHold
Number of Analyst Covering6
Watsco News
PremiumCompany Announcements
Watsco Shares Informative Update with Investors
PremiumPre-Earnings
Is WSO a Buy, Before Earnings?Bulls Say, Bears Say
Bulls Say
Financial PerformanceHigh short interest squeeze and 1Q gross margins above FY full-year framework drives outperformance.
Market PositionConfident in its ability to navigate a softer market vs peers given its competitive position.
Strategic InitiativesWSO continues to invest and scale its tech platforms to increase productivity and sales.
Bears Say
EarningsSG&A expenses and lower-than-expected revenue have led to earnings per share falling short of market expectations.
Financial PerformanceOperating profit has significantly underperformed compared to both internal forecasts and market consensus.
Quarterly ResultsRecent quarterly revenue of $1.6B and a gross margin of 25.8% both missed market forecasts, indicating potential underlying issues in sales and profitability.
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Ownership Overview
13.40% Insiders
23.67% Mutual Funds
56.92% Other Institutional Investors
6.01% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Macro & PoliticalRisks related to catastrophic events or geopolitical conditions that may disrupt the company’s business
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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WSO FAQ
What was Watsco’s price range in the past 12 months?
Watsco lowest stock price was $307.19 and its highest was $482.30 in the past 12 months.
What is Watsco’s market cap?
Currently, no data Available
When is Watsco’s upcoming earnings report date?
Watsco’s upcoming earnings report date is Jul 18, 2024 which is in 64 days.
How were Watsco’s earnings last quarter?
Watsco released its earnings results on Apr 24, 2024. The company reported $2.17 earnings per share for the quarter, missing the consensus estimate of $2.289 by -$0.119.
Is Watsco overvalued?
According to Wall Street analysts Watsco’s price is currently Overvalued.
Does Watsco pay dividends?
Watsco pays a Quarterly dividend of $2.7 which represents an annual dividend yield of 2.1%. See more information on Watsco dividends here
What is Watsco’s EPS estimate?
Watsco’s EPS estimate is $4.73.
How many shares outstanding does Watsco have?
Watsco has 34,747,547 shares outstanding.
What happened to Watsco’s price movement after its last earnings report?
Watsco reported an EPS of $2.17 in its last earnings report, missing expectations of $2.289. Following the earnings report the stock price went up 6.536%.
Which hedge fund is a major shareholder of Watsco?
Among the largest hedge funds holding Watsco’s share is Driehaus Capital Management LLC. It holds Watsco’s shares valued at 24M.
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Watsco Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$418.60 (-13.59% Downside)
$418.60 (-13.59% Downside)
Blogger Sentiment
Bullish
WSO Sentiment 75%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 21.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 1.2%
Last 30 Days ▼ 5.0%
Last 30 Days ▼ 5.0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
45.90%
12-Months-Change
Fundamentals
Return on Equity
21.41%
Trailing 12-Months
Asset Growth
14.64%
Trailing 12-Months
Company Description
Watsco
Watsco, Inc. engages in distribution of air conditioning, heating and refrigeration equipment and related parts. Its products include residential central air conditioners, gas, electric & oil furnaces, commercial air conditioning & heating equipment, and other specialized equipment; parts, including replacement compressors, evaporator coils, motors and other component parts; and supplies, including thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tape, adhesives, and other ancillary supplies. The company was founded by William Wagner in 1956 and is headquartered in Miami, FL.
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WSO Earnings Call
Q1 2024
0:00 / 0:00
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WSO Stock 12 Month Forecast
Average Price Target
$418.60
▼(-13.59% Downside)
Technical Analysis
Best Analysts Covering WSO
1 Year
1 Year Success Rate
13/13 ratings generated profit
1 Year Average Return
+21.44%
reiterated a buy rating 21 days ago
Copying David Manthey's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +21.44% per trade.
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