Watsco, Inc. (WSO.B)
NYSE: WSO.B · IEX Real-Time Price · USD
445.15
+23.10 (5.47%)
Apr 24, 2024, 12:00 AM EDT - Market closed
Watsco Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Watsco stock have an average target of 397.33, with a low estimate of 325 and a high estimate of 500. The average target predicts a decrease of -10.74% from the current stock price of 445.15.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Watsco stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 6 | 6 | 6 | 6 | 4 | 4 |
| Sell | 2 | 2 | 2 | 2 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Reiterates $500 | Buy | Reiterates | $500 | +12.32% | Apr 25, 2024 |
| Baird | Baird | Buy Maintains $420 → $460 | Buy | Maintains | $420 → $460 | +3.34% | Apr 25, 2024 |
| Baird | Baird | Buy Maintains $400 → $410 | Buy | Maintains | $400 → $410 | -7.90% | Feb 14, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $450 → $500 | Buy | Maintains | $450 → $500 | +12.32% | Dec 11, 2023 |
| UBS | UBS | Hold Maintains $340 → $402 | Hold | Maintains | $340 → $402 | -9.69% | Oct 10, 2023 |
Financial Forecast
Revenue This Year
7.85B
from 7.28B
Increased by 7.71%
Revenue Next Year
8.39B
from 7.85B
Increased by 6.97%
EPS This Year
14.54
from 13.67
Increased by 6.38%
EPS Next Year
16.37
from 14.54
Increased by 12.54%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.4B | 9.0B | 9.7B | 10.4B | 11.1B |
| Avg | 7.8B | 8.4B | 9.0B | 10.0B | 10.7B |
| Low | 7.4B | 7.6B | 8.3B | 9.7B | 10.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.9% | 15.2% | 15.8% | 16.3% | 11.0% |
| Avg | 7.7% | 7.0% | 6.7% | 11.9% | 6.8% |
| Low | 1.6% | -2.8% | -0.9% | 8.6% | 3.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.38 | 19.74 | 20.87 | 21.27 | 19.72 |
| Avg | 14.54 | 16.37 | 18.01 | 20.46 | 18.97 |
| Low | 13.21 | 14.21 | 14.97 | 19.85 | 18.40 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.8% | 35.7% | 27.5% | 18.1% | -3.6% |
| Avg | 6.4% | 12.5% | 10.0% | 13.6% | -7.3% |
| Low | -3.4% | -2.3% | -8.5% | 10.3% | -10.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.