Watsco, Inc. (WSO)
NYSE: WSO · Real-Time Price · USD
533.40
+0.26 (0.05%)
At close: Nov 20, 2024, 4:00 PM
534.19
+0.79 (0.15%)
Pre-market: Nov 21, 2024, 7:22 AM EST
Watsco Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Watsco stock have an average target of 488.33, with a low estimate of 425 and a high estimate of 540. The average target predicts a decrease of -8.45% from the current stock price of 533.40.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Watsco stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 4 | 2 | 2 | 2 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 5 | 5 | 5 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $550 → $540 | Buy | Maintains | $550 → $540 | +1.24% | Oct 24, 2024 |
| Baird | Baird | Buy Maintains $522 → $550 | Buy | Maintains | $522 → $550 | +3.11% | Oct 16, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $420 → $425 | Hold | Maintains | $420 → $425 | -20.32% | Jul 31, 2024 |
| Baird | Baird | Buy Maintains $460 → $522 | Buy | Maintains | $460 → $522 | -2.14% | Jul 31, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $500 | Buy | Reiterates | $500 | -6.26% | Apr 25, 2024 |
Financial Forecast
Revenue This Year
7.61B
from 7.28B
Increased by 4.41%
Revenue Next Year
8.09B
from 7.61B
Increased by 6.36%
EPS This Year
13.38
from 13.67
Decreased by -2.15%
EPS Next Year
15.06
from 13.38
Increased by 12.59%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.0B | 8.7B | 9.5B | ||
| Avg | 7.6B | 8.1B | 8.6B | ||
| Low | 7.3B | 7.6B | 8.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.2% | 14.3% | 17.4% | ||
| Avg | 4.4% | 6.4% | 6.6% | ||
| Low | 0.6% | - | -1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.76 | 17.63 | 20.70 | ||
| Avg | 13.38 | 15.06 | 16.80 | ||
| Low | 12.48 | 13.62 | 15.17 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.0% | 31.8% | 37.4% | ||
| Avg | -2.1% | 12.6% | 11.5% | ||
| Low | -8.7% | 1.8% | 0.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.