Watsco Inc (WSO) Stock AnalysisWSOWatsco Inc

Watsco, Inc. is a distributor of air conditioning, heating and refrigeration equipment and related parts and supplies. It sells air conditioning and heating equipment to the replacement and new construction markets for both residential and commercial applications. It also sells a variety of non-equipment products including parts, supplies, ductwork, air movement products, insulation, tools, installation supplies, thermostats, and air quality products. It provides condensing units, compressors, evaporators, valves, refrigerants, walk-in coolers, and ice machines for industrial and commercial applications. Its business units include Carrier Enterprise, Baker Distributing Company, Gemaire Distributors, East Coast Metal Distributors, Heating and Cooling Supply, Homans Associates, Pierce Phelps, N&S Supply, Acme Refrigeration, Alert Labs Inc., Tradewinds, Boreal International, Watsco Ventures, and Gateway Supply Co. It operates in the Industrials sector (WHOLESALE-HARDWARE & PLUMBING & HEATING EQUIPMENT industry).

Watsco Inc is currently not a strong buy due to mixed signals. The current price is $322.98, which is near the recent analyst price target of $330. The RSI is at 76.157, indicating overbought conditions, while the forward P/E ratio stands at 21.322, suggesting the stock may be overvalued. The main risk is the recent earnings miss, with reported EPS of $4.00 compared to an expected $4.39, reflecting a 9% shortfall.

13 analysts cover WSO: 6 rate it Buy, 6 Hold and 1 Sell. The average price target is 394.14.