WSO

Watsco Inc

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Advanced Chart

464.820

-15.04(-3.134%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

478.480

Open

478.480

VWAP

Vol

571.65K

Mkt Cap

18.83B

Low

462.900

Amount

EV/EBITDA(TTM)

24.66

Total Shares

40.30M

19.21B

EV/OCF(TTM)

39.06

P/S(TTM)

2.39

Watsco, Inc. is a distributor of heating, air conditioning and refrigeration (HVAC/R) products with locations in the United States, Canada, Mexico, and Puerto Rico, and on an export basis to Latin America and the Caribbean. The Company sells products to the commercial refrigeration market, which include condensing units, compressors, evaporators, valves, refrigerants, walk-in coolers, and ice machines for industrial and commercial applications. Additionally, it sells a variety of non-equipment products including parts, ductwork, air movement products, insulation, tools, installation supplies, thermostats, and air quality products. The Company distributes products manufactured by Flexible Technologies, Inc., a subsidiary of Smiths Group plc, Resideo Technologies, Inc., Southwark Metal Mfg. Co., Johns Manville, a subsidiary of Berkshire Hathaway, Inc., and Owens Corning Insulating Systems, LLC, among others.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

1.83B

+4.28%

2.616

+10.37%

2.30B

+6.31%

4.857

+15.1%

2.23B

+4.37%

4.847

+7.95%

Estimates Revision

The market is revising Downward the revenue expectations for Watsco, Inc. (WSO) for FY2025, with the revenue forecasts being adjusted by -0.39% over the past three months. During the same period, the stock price has changed by 2.02%.

Revenue Estimates for FY2025

Revise Downward

-0.39%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-0.63%

In Past 3 Month

Stock Price

Go Up

+2.02%

In Past 3 Month

8 Analyst Rating

5.42% Upside

Wall Street analysts forecast WSO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WSO is 490.00 USD with a low forecast of 450.00 USD and a high forecast of 540.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

2 Buy

6 Hold

0 Sell

Hold

5.42% Upside

Current: 464.820

Low

450.00

Averages

490.00

High

540.00

5.42% Upside

Current: 464.820

Low

450.00

Averages

490.00

High

540.00

UBS

Neutral

downgrade

$455 -> $450

2025-06-25

Reason

UBS

Price Target

$455 -> $450

2025-06-25

downgrade

Neutral

Reason

UBS lowered the firm's price target on Watsco to $450 from $455 and keeps a Neutral rating on the shares.

JPMorgan

Neutral

maintain

$445 -> $460

2025-05-27

Reason

JPMorgan

Price Target

$445 -> $460

2025-05-27

maintain

Neutral

Reason

JPMorgan raised the firm's price target on Watsco to $460 from $445 and keeps a Neutral rating on the shares. The firm updated December 2025 U.S. distributor price targets to reflect an increased group multiple. Despite expected higher pricing in second half of 2025, most distributors did not include much in their outlooks, the analyst tells investors in a research note.

Mizuho

Neutral

maintain

$490 -> $525

2025-05-16

Reason

Mizuho

Price Target

$490 -> $525

2025-05-16

maintain

Neutral

Reason

Mizuho raised the firm's price target on Watsco to $525 from $490 and keeps a Neutral rating on the shares. The firm updated estimates in the electrical equipment and multi-industry sector post earnings. Pent-up demand in investment and capex, the reemergence of profit generation and positive portfolio shaping are common themes, the analyst tells investors in a research note. Mizuho's top picks are Carrier Global (CARR), Emerson Electric (EMR), Pentair (PNR), Applied Industrial (AIT) and Stanley Black & Decker (SWK).

Baird

David Manthey

Outperform

downgrade

$560 -> $540

2025-04-24

Reason

Baird

David Manthey

Price Target

$560 -> $540

2025-04-24

downgrade

Outperform

Reason

Baird analyst David Manthey lowered the firm's price target on Watsco to $540 from $560 and keeps an Outperform rating on the shares. The firm updated its model following Q1 report which showed seasonally light results but keeping the long-term story unchanged.

Mizuho

Brett Linzey

Neutral

downgrade

$525 -> $490

2025-04-24

Reason

Mizuho

Brett Linzey

Price Target

$525 -> $490

2025-04-24

downgrade

Neutral

Reason

Mizuho analyst Brett Linzey lowered the firm's price target on Watsco to $490 from $525 and keeps a Neutral rating on the shares. The company reported a shortfall on revenue and operating margin, the analyst tells investors in a research note. The firm reduced estimates to reflect a softer outlook.

UBS

Neutral

downgrade

$475 -> $455

2025-04-24

Reason

UBS

Price Target

$475 -> $455

2025-04-24

downgrade

Neutral

Reason

UBS lowered the firm's price target on Watsco to $455 from $475 and keeps a Neutral rating on the shares.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Watsco Inc (WSO.N) is 33.22, compared to its 5-year average forward P/E of 27.11. For a more detailed relative valuation and DCF analysis to assess Watsco Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Overvalued

5Y Average PE

27.11

Current PE

33.22

Overvalued PE

32.71

Undervalued PE

21.51

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Overvalued

5Y Average EV/EBITDA

16.65

Current EV/EBITDA

20.02

Overvalued EV/EBITDA

19.98

Undervalued EV/EBITDA

13.33

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Overvalued

5Y Average PS

1.74

Current PS

2.24

Overvalued PS

2.11

Undervalued PS

1.37