
Watsco (NYSE:WSO.B) Reaches New 12-Month Low - What's Next?

Watsco, Inc. (NYSE:WSO.B) has reached a new 12-month low, trading at $366.15, down from a previous close of $379.35. The company has a market cap of $14.85 billion and a P/E ratio of 28.62. Analysts currently hold a 'Hold' rating on Watsco, suggesting that there are better investment options available. Watsco distributes HVAC equipment across North America.
Watsco Price Performance
The firm has a market cap of $14.85 billion, a P/E ratio of 28.62 and a beta of 0.47. The company has a fifty day moving average of $397.91 and a 200-day moving average of $436.49.
About Watsco
(Get Free Report)Watsco, Inc, 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; gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment.
Recommended Stories
- Five stocks we like better than Watsco
- How to Invest in Small Cap Stocks
- Freshpet Insiders Called the Bottom: Now It’s Time to Buy
- Canada Bond Market Holiday: How to Invest and Trade
- Ford and GM Stocks Jump—Is the Auto Rebound Real?
- 3 Fintech Stocks With Good 2021 Prospects
- Q3 Telecom Wars: How AT&T, TMUS and VZ Stack Up After the Results
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Should You Invest $1,000 in Watsco Right Now?
Before you consider Watsco, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Watsco wasn't on the list.
While Watsco currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here

