Stock To Watch: Watsco, Inc. (NYSE:WSO)


The leading market experts have placed a mean price target of $137.91 on Watsco, Inc. (NYSE:WSO) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.85 a share for the upcoming quarter and $5.49 for the current fiscal. Technical View The technical analysis of Watsco, Inc. Common Stock plainly substantiates that the 50-day moving average of Watsco, Inc. Common Stock is $134.91, and stock is hovering 4.77 or +3.53% distant from $134.91. It is noted that the 200-day MA is $127.70, and Watsco, Inc. Common Stock stock is $11.98 or +9.38% off from this point. Watsco, Inc. (NYSE:WSO) 52-week high is $144.69 and the 52-week low is $106.58. This explains if the stock moves $-5.01, it will post a 52-week high. In event of $+31.06% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Watsco, Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Watsco, Inc. (NYSE:WSO) ratio came in at 28.14. The stock last ended the trading session at $139.68 and registered a market cap of $4.54B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Watsco, Inc. (NYSE:WSO) PEG ratio is at 2.22.

1 Chart Pattern Every Investor Should Know

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