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 not a good buy right now due to a significant decline in profitability and market performance. The current price is $279.90, and the stock has seen a year-to-date change of -19.41%. Additionally, the RSI is at a low 11.79, indicating oversold conditions, but this may not be sufficient to justify a buy given the ongoing negative trends.

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