Watsco, Inc. (WSO)

NYSE: WSO · IEX Real-Time Price · USD
304.39
+1.98 (0.65%)
Aug 17, 2022 4:00 PM EDT - Market closed
0.65%
Market Cap 11.88B
Revenue (ttm) 6.95B
Net Income (ttm) 525.61M
Shares Out 39.04M
EPS (ttm) 13.48
PE Ratio 22.58
Forward PE 21.98
Dividend $8.30 (2.73%)
Ex-Dividend Date Jul 14, 2022
Volume 262,205
Open 300.38
Previous Close 302.41
Day's Range 298.82 - 304.63
52-Week Range 220.68 - 318.98
Beta 0.91
Analysts Buy
Price Target 284.96 (-6.4%)
Earnings Date Jul 26, 2022

About WSO

Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, refrigeration equipment, and related parts and supplies. The company distributes equipment comprising residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. It also offers parts, including replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation materials, refrigerants,... [Read more...]

Industry Trading Companies & Distributors
Founded 1945
CEO Albert Nahmad
Employees 6,850
Stock Exchange NYSE
Ticker Symbol WSO
Full Company Profile

Financial Performance

In 2021, Watsco's revenue was $6.28 billion, an increase of 24.24% compared to the previous year's $5.05 billion. Earnings were $418.95 million, an increase of 55.41%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for WSO stock is "Buy." The 12-month stock price forecast is 284.96, which is a decrease of -6.38% from the latest price.

Price Target
$284.96
(-6.38% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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Watsco to Present at Jefferies Industrial Conference on August 9, 2022 at 10:30 a.m. EDT

MIAMI, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Rick Gomez, Vice President, is scheduled to present at the Jefferies Industrial Conference being held at the InterC...

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1 Top Stock You've Never Heard of to Buy on the Dip

Watsco shares have tumbled this year, but the company's long history of growth and defensive business model indicates it might be time to buy.

Watsco (WSO) Q2 Earnings & Sales Lag Estimates, Rise Y/Y

Watsco's (WSO) second-quarter results benefit from solid demand and improved pricing.

Watsco (WSO) Q2 Earnings and Revenues Miss Estimates

Watsco (WSO) delivered earnings and revenue surprises of -1.79% and 1.70%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Watsco Reports Record-Breaking Second Quarter

EPS Jumps 33% to $4.93 on Record Sales, Operating Profit, Operating Margin and Net Income ____________________ __

Why Earnings Season Could Be Great for Watsco (WSO)

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

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Watsco (WSO) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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.

Can Watsco (WSO) Keep the Earnings Surprise Streak Alive?

Watsco (WSO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Watsco (WSO) is a Top-Ranked Momentum Stock: Should You Buy?

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Watsco's Earnings Call to Discuss Second Quarter Results Scheduled on July 26, 2022

MIAMI, July 11, 2022 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2022 second quarter financial results on Tuesday, July 26, 2022 at 10...

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Daily Dividend Report: PNC Financial Services Group, Dupont, Lindsay, Watsco, Micron Technology

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Watsco Declares $2.20 Quarterly Dividend

48th Consecutive Year of Paying Dividends 48th Consecutive Year of Paying Dividends

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Watsco to Present at the William Blair 42nd Annual Growth Stock Conference on June 9, 2022 at 8:00 a.m. CDT

MIAMI, June 03, 2022 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Barry Logan, Executive Vice President, is scheduled to present at the William Blair 42nd Annual Growth Stock Confer...

Watsco to Present at Baird's Global Consumer, Technology & Services Conference on June 7, 2022 at 11:25 a.m. EDT

MIAMI, June 03, 2022 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Barry Logan, Executive Vice President, is scheduled to present at Baird's Global Consumer, Technology & Services Co...

Watsco (WSO) Looks Promising: Time to Invest in the Stock?

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

Watsco to Present at the Wolfe Global Transportation & Industrials Conference on May 24, 2022

MIAMI, May 23, 2022 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Barry Logan, Executive Vice President, is scheduled to present at the Wolfe Global Transportation & Industrials Conf...

All You Need to Know About Watsco (WSO) Rating Upgrade to Strong Buy

Watsco (WSO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.