Watsco, Inc. (WSO)
NYSE: WSO · IEX Real-Time Price · USD
444.00
+3.40 (0.77%)
Apr 25, 2024, 4:00 PM EDT - Market closed

Watsco Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Watsco stock have an average target of 397.33, with a low estimate of 325 and a high estimate of 500. The average target predicts a decrease of -10.51% from the current stock price of 444.00.

Analyst Consensus: Hold
Target Low Average Median High
Price $325 $397.33 $402 $500
Change -26.80% -10.51% -9.46% +12.61%

Analyst Ratings

The average analyst rating for Watsco stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 000000
Buy 222222
Hold 766664
Sell 322221
Strong Sell 000000
Total 12101010107

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Stephens & Co.
Stephens & Co.
Buy
Reiterates
$500
Buy Reiterates $500 +12.61% Apr 25, 2024
Baird
Baird
Buy
Maintains
$420$460
Buy Maintains $420$460 +3.60% Apr 25, 2024
Baird
Baird
Buy
Maintains
$400$410
Buy Maintains $400$410 -7.66% Feb 14, 2024
Stephens & Co.
Stephens & Co.
Buy
Maintains
$450$500
Buy Maintains $450$500 +12.61% Dec 11, 2023
UBS
UBS
Hold
Maintains
$340$402
Hold Maintains $340$402 -9.46% Oct 10, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
7.85B
from 7.28B
Increased by 7.71%
Revenue Next Year
8.39B
from 7.85B
Increased by 6.97%
EPS This Year
14.54
from 13.67
Increased by 6.38%
EPS Next Year
16.37
from 14.54
Increased by 12.54%
Year 201920202021202220232024202520262027
Revenue
4.77B5.05B6.28B7.27B7.28B7.85B8.39B8.96B9.95B
Revenue Growth
4.92%5.97%24.24%15.83%0.13%7.71%6.97%6.72%11.05%
EPS
6.507.0110.7815.4113.6714.5416.3718.0117.55
EPS Growth
0.15%7.85%53.78%42.95%-11.29%6.38%12.54%10.02%-2.51%
No. Analysts -----181652
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 8.4B 9.0B 9.7B 10.3B
Avg 7.8B 8.4B 9.0B 9.9B
Low 7.4B 7.6B 8.3B 9.7B

Revenue Growth

Revenue Growth 2024202520262027
High
14.9%
15.2%
15.8%
15.4%
Avg
7.7%
7.0%
6.7%
11.1%
Low
1.6%
-2.8%
-0.9%
7.7%

EPS Forecast

EPS 2024202520262027
High 16.38 19.74 20.87 18.25
Avg 14.54 16.37 18.01 17.55
Low 13.21 14.21 14.97 17.03

EPS Growth

EPS Growth 2024202520262027
High
19.8%
35.7%
27.5%
1.4%
Avg
6.4%
12.5%
10.0%
-2.5%
Low
-3.4%
-2.3%
-8.5%
-5.4%
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.