Watsco found using ticker (WSO) have now 8 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 350 and 282 with the average target price sitting at 306.63. Given that the stocks previous close was at 271.92 this would imply there is a potential upside of 12.8%. The 50 day moving average now sits at 301.14 while the 200 day moving average is 288.9. The market capitalisation for the company is $10,800m. Visit the company website at: https://www.watsco.com
The potential market cap would be $12,178m 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.
