Watsco Inc. (WSO) latest performance of -3.79% is not what was on cards

Watsco Inc. (NYSE: WSO) open the trading on Wednesday, with a bit cautious approach as it glided -3.79% to $466.42, before settling in for the price of $484.77 at the close. Taking a more long-term approach, WSO posted a 52-week range of $338.58-$520.41.

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In the past 5-years timespan, the Industrials sector firm’s annual sales growth was 10.22%. Meanwhile, its Annual Earning per share during the time was 16.06%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -1.76%. This publicly-traded company’s shares outstanding now amounts to $40.34 million, simultaneously with a float of $34.57 million. The organization now has a market capitalization sitting at $18.82 billion. At the time of writing, stock’s 50-day Moving Average stood at $481.93, while the 200-day Moving Average is $451.80.

Watsco Inc. (WSO) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Industrial Distribution industry. Watsco Inc.’s current insider ownership accounts for 14.31%, in contrast to 91.37% institutional ownership. According to the most recent insider trade that took place on May 10 ’24, this organization’s Executive Vice President sold 774 shares at the rate of 473.85, making the entire transaction reach 366,759 in total value, affecting insider ownership by 1,770. Preceding that transaction, on May 09 ’24, Company’s Director sold 5,334 for 466.41, making the whole transaction’s value amount to 2,487,848. This particular insider is now the holder of 0 in total.

Watsco Inc. (WSO) Earnings and Revenue Records

Watsco Inc.’s EPS decrease for this current 12-month fiscal period is -1.76% and is forecasted to reach 15.00 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 4.42% through the next 5 years, which can be compared against the 16.06% growth it accomplished over the previous five years trading on the market.

Watsco Inc. (NYSE: WSO) Trading Performance Indicators

Let’s observe the current performance indicators for Watsco Inc. (WSO). It’s Quick Ratio in the last reported quarter now stands at 1.55. The Stock has managed to achieve an average true range (ATR) of 12.14. Alongside those numbers, its PE Ratio stands at $36.02, and its Beta score is 0.87. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.53. Similarly, its price to free cash flow for trailing twelve months is now 24.11.

In the same vein, WSO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 12.95, a figure that is expected to reach 2.27 in the next quarter, and analysts are predicting that it will be 15.00 at the market close of one year from today.

Technical Analysis of Watsco Inc. (WSO)

[Watsco Inc., WSO] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 21.38% While, its Average True Range was 12.57.

Raw Stochastic average of Watsco Inc. (WSO) in the period of the previous 100 days is set at 33.62%, which indicates a major rise in contrast to 22.64% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 28.73% that was higher than 28.11% volatility it exhibited in the past 100-days period.