Analysts See $1.00 EPS for Watsco, Inc. (WSO)

January 23, 2018 - By Nellie Frank

 Analysts See $1.00 EPS for Watsco, Inc. (WSO)
Investors sentiment increased to 1.58 in Q3 2017. Its up 0.13, from 1.45 in 2017Q2. It increased, as 29 investors sold Watsco, Inc. shares while 68 reduced holdings. 49 funds opened positions while 104 raised stakes. 28.54 million shares or 1.86% more from 28.02 million shares in 2017Q2 were reported.
Panagora Asset Mngmt has 2,303 shares. Moreover, Cleararc Cap Incorporated has 0.07% invested in Watsco, Inc. (NYSE:WSO) for 2,811 shares. The Missouri-based Benjamin F Edwards And has invested 0% in Watsco, Inc. (NYSE:WSO). Colorado-based Advisors Asset Inc has invested 0.03% in Watsco, Inc. (NYSE:WSO). Victory Mgmt Inc has 63,144 shares for 0.02% of their portfolio. Morgan Stanley invested in 170,187 shares. Comerica Bank has invested 0.03% of its portfolio in Watsco, Inc. (NYSE:WSO). 122,500 are held by Ny State Common Retirement Fund. Motley Fool Asset Mgmt Limited Liability Corporation holds 2.58% or 80,000 shares. Brinker Cap holds 0.01% of its portfolio in Watsco, Inc. (NYSE:WSO) for 1,973 shares. Sg Americas Securities Limited Liability Company stated it has 1,344 shares. Greenleaf Tru owns 197 shares. Keybank Natl Association Oh accumulated 1,823 shares. Quantbot Techs L P accumulated 1,290 shares or 0.02% of the stock. Webster Financial Bank N A holds 0.04% or 1,846 shares in its portfolio.

Analysts expect Watsco, Inc. (NYSE:WSO) to report $1.00 EPS on February, 13.They anticipate $0.19 EPS change or 23.46 % from last quarter’s $0.81 EPS. WSO’s profit would be $32.85 million giving it 43.74 P/E if the $1.00 EPS is correct. After having $1.82 EPS previously, Watsco, Inc.’s analysts see -45.05 % EPS growth. The stock decreased 0.53% or $0.93 during the last trading session, reaching $174.94. About 132,231 shares traded. Watsco, Inc. (NYSE:WSO) has risen 8.75% since January 23, 2017 and is uptrending. It has underperformed by 7.95% the S&P500.

Watsco, Inc. (NYSE:WSO) Ratings Coverage

Among 10 analysts covering Watsco (NYSE:WSO), 7 have Buy rating, 2 Sell and 1 Hold. Therefore 70% are positive. Watsco had 32 analyst reports since September 11, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, August 31 by Robert W. Baird. As per Tuesday, October 3, the company rating was maintained by Robert W. Baird. The firm earned “Underweight” rating on Monday, September 25 by Morgan Stanley. The rating was maintained by Stephens with “Overweight” on Wednesday, October 28. The firm earned “Buy” rating on Friday, October 14 by Longbow. The stock of Watsco, Inc. (NYSE:WSO) earned “Buy” rating by SunTrust on Monday, June 6. The stock has “Accumulate” rating by Seaport Global on Thursday, April 21. The rating was maintained by Stifel Nicolaus on Wednesday, April 26 with “Buy”. The rating was maintained by Stifel Nicolaus on Friday, January 19 with “Buy”. On Wednesday, February 15 the stock rating was maintained by Stifel Nicolaus with “Buy”.

Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment; and related parts and supplies in the United States, Canada, Mexico, and Puerto Rico. The company has market cap of $5.75 billion. The firm distributes equipment, including residential central air conditioners; gas, electric, and oil furnaces; commercial air conditioning and heating equipment and systems; and other specialized equipment. It has a 32.09 P/E ratio. It also distributes various parts comprising replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies.

More news for Watsco, Inc. (NYSE:WSO) were recently published by: Globenewswire.com, which released: “Watsco to Host 2017 Fourth Quarter Earnings Conference Call February 8, 2018” on January 12, 2018. Globenewswire.com‘s article titled: “Watsco Declares $1.25 Quarterly Dividend” and published on January 02, 2018 is yet another important article.

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