Watsco found using ticker (WSO) have now 8 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 400 and 207 and has a mean target at 293.75. With the stocks previous close at 249.25 this would imply there is a potential upside of 17.9%. The 50 day MA is 249.17 and the 200 moving average now moves to 279.9. The market cap for the company is $9,827m. You can visit the company’s website by visiting: https://www.watsco.com
The potential market cap would be $11,582m based on the market concensus.
Watsco, together with its subsidiaries, distributes air conditioning, heating, refrigeration equipment, and related parts and supplies. The company distributes equipment comprising residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. It also offers parts, including 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. The company serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. As of December 31, 2021, it operated from 671 locations in the United States, Canada, Mexico, and Puerto Rico, as well as exports its products to Latin America and the Caribbean Basin. Watsco was founded in 1945 and is headquartered in Miami, Florida.
