Watsco Inc (NYSE:WSO) currently has a daily average trading volume of 215.74K but it saw 209870 shares traded in last market. With a market cap of 18.84B USD, the company’s current market price of $466.57 came rising about 0.26 while comparing to the previous closing price of $465.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $571.41 and as low as $373.33. In the recent trading on the day, stock has struck highest price mark of $460.02 while lowest mark touched by it was $467.89.
Taking a look at 20-day trading activity of Watsco Inc (WSO) gives us an average price of $488.61, while its current price level is -18.35% below from 52-week high level whereas it is 24.98% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $509.20 while that of 200 days or SMA-200 reads an average of $480.20. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.54% during that period while stretching the period over a month that decreases to 2.08%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 30.12 which implies that the stock is in neutral territory.
Deutsche Bank upgraded its recommendation for the stock as a “Buy” from “Hold” on December 08, 2023 while assigning a price target range of $387-$500. Mizuho also issued its recommendations for the stock as it initiated the price target for the stock is $360.
Over the week, WSO’s stock price is moving -1.54% down while it is -11.43% when we observe its performance for the past one month. Year-to-date it is -1.54% down and over the past year, the stock is showing an upside performance of 15.18%.
Currently, Watsco Inc’s total number of outstanding shares is 40.38M. Company’s return on investment (ROI) stands at 16.07% and return on equity (ROE) at 19.71%. It has a price to earnings ratio (P/E ratio) of 36.38 while having a 31.94 of forward P/E ratio. Stock’s beta reads 0.94. Stock has a price to book (P/B) ratio of 6.28 while price to sale or P/S ratio amounts to 2.52. Its return on asset (ROA) is 11.33% on average.
