Watsco with ticker code (WSO) now have 8 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 400 and 277 with a mean TP of 318.38. Now with the previous closing price of 249.63 this would imply there is a potential upside of 27.5%. The 50 day moving average now sits at 278.85 and the 200 day MA is 284.94. The market capitalisation for the company is $9,975m. Find out more information at: https://www.watsco.com
The potential market cap would be $12,722m 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.
