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Watsco, Inc. (WSO)

NYSE: WSO · IEX Real-Time Price · USD
298.04 8.39 (2.90%)
Oct 21, 2021 4:00 PM EDT - Market closed
Market Cap11.15B
Revenue (ttm)5.68B
Net Income (ttm)351.69M
Shares Out38.68M
EPS (ttm)9.95
PE Ratio29.95
Forward PE26.95
Dividend$7.45 (2.50%)
Ex-Dividend DateOct 14, 2021
Volume190,015
Open290.39
Previous Close289.65
Day's Range287.83 - 298.45
52-Week Range210.19 - 303.58
Beta0.75
AnalystsHold
Price Target299.75 (+0.6%)
Est. Earnings DateOct 21, 2021

About WSO

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, including 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,...

IndustryTrading Companies & Distributors
Founded1945
CEOAlbert Nahmad
Employees5,800
Stock ExchangeNYSE
Ticker SymbolWSO
Full Company Profile

Financial Performance

In 2020, Watsco's revenue was $5.05 billion, an increase of 5.97% compared to the previous year's $4.77 billion. Earnings were $269.58 million, an increase of 9.61%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for Watsco stock is "Hold." The 12-month stock price forecast is 299.75, which is an increase of 0.57% from the latest price.

Price Target
$299.75
(0.57% upside)
Analyst Consensus: Hold

News

Watsco (WSO) Q3 Earnings Surpass Estimates, Revenues Up Y/Y

Strong demand for HVAC equipment and investment in technologies help Watsco (WSO) post impressive third-quarter 2021 revenues.

9 hours ago - Zacks Investment Research

3 Reasons Growth Investors Will Love Watsco (WSO)

Watsco (WSO) is well positioned to outperform the market, as it exhibits above-average growth in financials.

1 day ago - Zacks Investment Research

Watsco (WSO) Q3 Earnings Beat Estimates

Watsco (WSO) delivered earnings and revenue surprises of 1.97% and -1.99%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 day ago - Zacks Investment Research

Watsco Clocks 16% Sales Growth In Q3, Misses Street View

Watsco Inc (NYSE: WSO) reported third-quarter FY21 sales growth of 16% year-on-year, to $1.78 billion, missing the analyst consensus of $1.82 billion. Sales excluding acquisitions for HVAC equipment cli...

1 day ago - Benzinga

Watsco Generates Record Third Quarter Performance EPS Jumps 31% to a Record $3.62 on Record Sales of $1.78 Billion

Sales, Operating Profit, Operating Margin and Net Income all at Record Levels

1 day ago - GlobeNewsWire

Builders Sentiment Marches Ahead in October: 7 Stocks to Gain

Although continuous supply and labor woes put pressure on affordability, six months' sales prospects and current traffic have given a boost to homebuilders' sentiment.

Other symbols:BECNBLDBLDRCRHEXPTOL
2 days ago - Zacks Investment Research

Should You Buy Watsco (WSO) Ahead of Earnings?

Watsco (WSO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

3 days ago - Zacks Investment Research

Factors Setting the Tone for Watsco's (WSO) Q3 Earnings

Watsco's (WSO) solid technology innovation, acquisitions, and solid demand for replacement and heating equipment are likely to boost Q3 results.

3 days ago - Zacks Investment Research

Buy 5 High-Yielding Large-Caps Ahead of Q3 Earnings Next Week

Five large-cap stocks are slated to release third-quarter earnings results next week. These are: OMC, DFS, EFX, WSO and NUE.

Other symbols:DFSEFXNUEOMC
6 days ago - Zacks Investment Research

Watsco (WSO) Earnings Expected to Grow: Should You Buy?

Watsco (WSO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 week ago - Zacks Investment Research

Watsco to Host Third Quarter Earnings Call October 20, 2021 at 10:00 a.m. EDT

MIAMI, Oct. 08, 2021 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2021 third quarter financial results on Wednesday, October 20, 2021 a...

1 week ago - GlobeNewsWire

Here's Why Watsco (WSO) is a Solid Investment Bet Right Now

Watsco (WSO) is expected to generate higher returns on investment in industry-leading technologies and acquisitions along with its commitment to enhance shareholders.

2 weeks ago - Zacks Investment Research

Here is Why Growth Investors Should Buy Watsco (WSO) Now

Watsco (WSO) possesses solid growth attributes, which could help it handily outperform the market.

2 weeks ago - Zacks Investment Research

Watsco Declares $1.95 Quarterly Dividend

47th Consecutive Year of Paying Dividends 47th Consecutive Year of Paying Dividends

2 weeks ago - GlobeNewsWire

Watsco to Present at the Morgan Stanley Virtual Laguna Conference

MIAMI, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Barry Logan, Executive Vice President, is scheduled to present at the Morgan Stanley 2021 Virtual Laguna Conferenc...

1 month ago - GlobeNewsWire

Top Ranked Income Stocks to Buy for September 7th

WSR, LAZ, JNPR, and WSO made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 7, 2021.

Other symbols:JNPRLAZWSR
1 month ago - Zacks Investment Research

Altra Industrial Motion Corp Ranked Among Today's Top Buys Amid Concerns Of The Fed Ending The Economic Stimulus

The Dow Jones ticked down 14 points this Friday morning, the S&P 500 was flat, and the Nasdaq rose about 0.2%. Make the most of this market with today's Top Buys from Q.ai's artificial intelligence.

Other symbols:AIMCKFRCMATXWLKP
2 months ago - Forbes

Looking for a Growth Stock? 3 Reasons Why Watsco (WSO) is a Solid Choice

Watsco (WSO) could produce exceptional returns because of its solid growth attributes.

2 months ago - Zacks Investment Research

4 Stocks to Gain From Promising Air Conditioner & Heating Industry

Despite tariffs and the pandemic-induced challenges, an improved residential market and technological development bode well for LII, WSO, AAON as well as FIX.

Other symbols:AAONFIXLII
2 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for August 2nd

NYCB, BRKL, R, and WSO made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 2, 2021.

Other symbols:BRKLNYCBR
2 months ago - Zacks Investment Research

Watsco to Present at the Jefferies 2021 Virtual Industrials Conference

MIAMI, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Rick Gomez, Vice President of Corporate Development, is scheduled to present at the Jefferies 2021 Virtual Industri...

2 months ago - GlobeNewsWire

Top 6 Momentum Stocks to Tap Wall Street Rally in August

We have narrowed down our search to six momentum stocks that witnessed robust earnings estimate revisions in the last 7 days and have strong upside left for 2021. These are: AAPL, F, EOG, COP, RS and WSO.

Other symbols:AAPLCOPEOGFRS
2 months ago - Zacks Investment Research

Watsco (WSO) Q2 Earnings & Sales Beat, Margins Rise Y/Y

Strong demand for HVAC equipment and investment in technologies help Watsco (WSO) post impressive second-quarter 2021 revenues.

2 months ago - Zacks Investment Research

Watsco Shares Gain After Strong Q2 Results

Watsco Inc (NYSE: WSO) reported second-quarter FY21 net revenue growth of 36.5% year-on-year to $1.85 billion, beating the analyst consensus of $1.67 billion. EPS of $3.71 beat the analyst consensus of ...

2 months ago - Benzinga

Watsco (WSO) Tops Q2 Earnings and Revenue Estimates

Watsco (WSO) delivered earnings and revenue surprises of 17.78% and 9.55%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research