Watsco found using ticker (WSO) now have 8 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 350 and 281 calculating the average target price we see 306.38. Given that the stocks previous close was at 301.49 this would imply there is a potential upside of 1.6%. The 50 day moving average now sits at 303.86 and the 200 day moving average is 288.54. The market capitalisation for the company is $11,531m. Visit the company website at: https://www.watsco.com
The potential market cap would be $11,718m based on the market concensus.
Watsco, 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, insulation materials, refrigerants, ductworks, grills, registers, sheet metals, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies, as well as plumbing and bathroom remodeling 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 was founded in 1945 and is headquartered in Miami, Florida.
