Watsco (WSO.B) Stock Price, News & Analysis

Company Overview

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; 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, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies. It serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. In addition, the company exports its products to Latin America and the Caribbean Basin. Watsco, Inc. was founded in 1945 and is headquartered in Miami, Florida.

Key Stats

• Today's Range: $535.00 to $535.00
• 50-Day Range: $455.90 to $519.70
• 52-Week Range: $390.00 to $535.00
• Volume: 200 shs
• Average Volume: 531 shs
• Market Capitalization: $21.60 billion
• P/E Ratio: 41.34
• Dividend Yield: 2.02%
• Price Target: N/A
• Consensus Rating: N/A

WSO.B Stock Analysis - Frequently Asked Questions

How have WSO.B shares performed this year?

Watsco's stock was trading at $422.20 at the beginning of 2024. Since then, WSO.B shares have increased by 23.1% and is now trading at $519.70.
View the best growth stocks for 2024 here.

How were Watsco's earnings last quarter?

Watsco Inc (NYSE:WSO.B) posted its quarterly earnings data on Tuesday, February, 13th. The construction company reported $2.06 earnings per share for the quarter, missing analysts' consensus estimates of $2.42 by $0.36. The construction company had revenue of $1.60 billion for the quarter. Watsco had a net margin of 6.99% and a trailing twelve-month return on equity of 17.77%.

How do I buy shares of Watsco?

Shares of WSO.B stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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Company Calendar

• Last Earnings: 2/13/2024
• Ex-Dividend for 10/31 Dividend: 10/16/2024
• Dividend Payable: 10/31/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/11/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Construction
• Industry: Hardware, & plumbing & heating equipment & supplies
• Sub-Industry: Wholesale
• Current Symbol: NYSE:WSO.B
• CUSIP: N/A
• CIK: 105016
• Web: www.watsco.com
• Phone: 305-858-0828
• Fax: 305-858-4492
• Employees: 7,280
• Year Founded: 1945

Profitability

• EPS (Most Recent Fiscal Year): $12.94
• Trailing P/E Ratio: 40.16
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $536.34 million
• Net Margins: 6.99%
• Pretax Margin: 10.29%
• Return on Equity: 17.77%
• Return on Assets: 12.28%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.36
• Quick Ratio: 1.65

Sales & Book Value

• Annual Sales: $7.28 billion
• Price / Sales: 2.88
• Cash Flow: $14.50 per share
• Price / Cash Flow: 35.83
• Book Value: $78.30 per share
• Price / Book: 6.64

Miscellaneous

• Outstanding Shares: 40,380,000
• Free Float: 34,829,000
• Market Cap: $20.99 billion
• Optionable: Not Optionable
• Beta: 0.58