Watsco (WSO) Stock Forecast, Price Target & Predictions
WSO Stock Forecast
Watsco stock forecast is as follows: an average price target of $457.50 (represents a -5.05% downside from WSO’s last price of $481.82) and a rating consensus of 'Hold', based on 6 wall street analysts offering a 1-year stock forecast.
WSO Price Target
The average price target for Watsco (WSO) is $457.50 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $540.00 to $415.00. This represents a potential -5.05% downside from WSO's last price of $481.82.
WSO Analyst Ratings
According to 6 Wall Street analysts, Watsco's rating consensus is 'Hold'. The analyst rating breakdown for WSO stock is 0 'Strong Buy' (0.00%), 2 'Buy' (33.33%), 4 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Watsco Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 29, 2024 | Chris Dankert | Loop Capital Markets | $450.00 | $476.75 | -5.61% | -6.60% |
| Oct 24, 2024 | David Manthey | Robert W. Baird | $540.00 | $466.42 | 15.78% | 12.08% |
| Sep 13, 2024 | Jonathan Sakraida | CFRA | $415.00 | $481.39 | -13.79% | -13.87% |
| Jul 31, 2024 | Stephen Tusa | J.P. Morgan | $425.00 | $491.63 | -13.55% | -11.79% |
| Jul 31, 2024 | David Manthey | Robert W. Baird | $522.00 | $491.63 | 6.18% | 8.34% |
| Apr 25, 2024 | David Manthey | Robert W. Baird | $460.00 | $440.60 | 4.40% | -4.53% |
| Apr 01, 2024 | Jonathan Sakraida | CFRA | $380.00 | $434.17 | -12.48% | -21.13% |
| Jul 25, 2023 | Brett Linzey | Mizuho Securities | $360.00 | $367.65 | -2.08% | -25.28% |
| Jan 10, 2023 | UBS | $280.00 | $265.39 | 5.51% | -41.89% | |
| Aug 17, 2022 | Joe Ahlersmeyer | Deutsche Bank | $311.00 | $304.39 | 2.17% | -35.45% |
| Apr 22, 2022 | Morgan Stanley | $277.00 | $294.15 | -5.83% | -42.51% |
The latest Watsco stock forecast, released on Oct 29, 2024 by Chris Dankert from Loop Capital Markets, set a price target of $450.00, which represents a -5.61% decrease from the stock price at the time of the forecast ($476.75), and a -6.60% decrease from WSO last price ($481.82).
Watsco Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 7 |
| Avg Price Target | - | - | $456.00 |
| Last Closing Price | $481.82 | $481.82 | $481.82 |
| Upside/Downside | -100.00% | -100.00% | -5.36% |
In the current month, the average price target of Watsco stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Watsco's last price of $481.82. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 29, 2024 | Loop Capital Markets | Hold | Hold | Hold |
| Oct 08, 2024 | Jefferies | Hold | Hold | Hold |
| Jul 31, 2024 | Loop Capital Markets | Hold | Hold | Hold |
| Apr 08, 2024 | Wolfe Research | Underperform | Underperform | Hold |
| Apr 05, 2024 | Loop Capital Markets | Hold | Hold | Hold |
| Dec 07, 2023 | Deutsche Bank | Hold | Buy | Upgrade |
| Jul 25, 2023 | Mizuho Securities | Neutral | Initialise | |
| Apr 19, 2023 | RBC Capital | Outperform | Outperform | Hold |
| Jan 10, 2023 | UBS | Neutral | Initialise | |
| Aug 17, 2022 | Deutsche Bank | Hold | Initialise |
Watsco's last stock rating was published by Loop Capital Markets on Oct 29, 2024. The company gave WSO a "Hold" rating, the same as its previous rate.
Watsco Financial Forecast
Watsco Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.00B | $1.55B | $1.58B | $2.04B | $2.13B | $1.52B | $1.51B | $1.78B | $1.85B | $1.14B | $1.15B | $1.54B |
| Avg Forecast | $1.94B | $2.47B | $2.59B | $1.88B | $1.90B | $2.46B | $2.46B | $1.77B | $1.76B | $2.32B | $2.30B | $1.65B | $1.66B | $2.24B | $2.19B | $1.59B | $1.65B | $2.05B | $2.19B | $1.57B | $1.61B | $2.05B | $2.18B | $1.38B | $1.35B | $1.82B | $1.68B | $1.07B | $1.09B | $1.51B |
| High Forecast | $2.02B | $2.57B | $2.68B | $1.95B | $1.97B | $2.55B | $2.56B | $1.83B | $1.82B | $2.40B | $2.38B | $1.73B | $1.70B | $2.25B | $2.19B | $1.59B | $1.67B | $2.12B | $2.27B | $1.63B | $1.66B | $2.05B | $2.18B | $1.38B | $1.35B | $1.82B | $1.68B | $1.07B | $1.09B | $1.51B |
| Low Forecast | $1.90B | $2.42B | $2.53B | $1.84B | $1.86B | $2.41B | $2.41B | $1.73B | $1.72B | $2.27B | $2.25B | $1.62B | $1.63B | $2.24B | $2.19B | $1.59B | $1.61B | $2.00B | $2.14B | $1.53B | $1.58B | $2.05B | $2.18B | $1.38B | $1.35B | $1.82B | $1.68B | $1.07B | $1.09B | $1.51B |
| # Analysts | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 9 | 4 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 10 | 16 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 0.99% | 0.98% | 0.99% | 0.98% | 1.10% | 1.12% | 0.98% | 1.10% | 1.06% | 1.06% | 1.02% |
Watsco's average Quarter revenue forecast for Sep 23 based on 4 analysts is $2.05B, with a low forecast of $2.00B, and a high forecast of $2.12B. WSO's average Quarter revenue forecast represents a 2.24% increase compared to the company's last Quarter revenue of $2.00B (Jun 23).
Watsco EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 9 | 4 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 10 | 16 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $265.70M | $164.74M | $137.18M | $236.25M | $287.10M | $171.05M | $130.32M | $213.80M | $223.76M | $88.78M | $76.32M | $163.23M |
| Avg Forecast | $195.83M | $249.22M | $260.70M | $189.79M | $191.28M | $247.72M | $248.18M | $177.85M | $177.05M | $233.52M | $231.23M | $166.59M | $167.67M | $226.04M | $220.27M | $57.36M | $165.91M | $206.31M | $220.65M | $52.14M | $117.63M | $197.66M | $209.59M | $41.22M | $129.91M | $175.68M | $161.73M | $37.47M | $105.07M | $145.02M |
| High Forecast | $203.14M | $258.53M | $270.44M | $196.87M | $198.42M | $256.97M | $257.45M | $184.49M | $183.67M | $242.24M | $239.86M | $173.79M | $171.74M | $226.36M | $220.27M | $68.83M | $167.93M | $214.01M | $228.89M | $62.57M | $141.15M | $197.66M | $209.59M | $49.47M | $129.91M | $175.68M | $161.73M | $44.97M | $105.07M | $145.02M |
| Low Forecast | $191.54M | $243.76M | $254.99M | $185.63M | $187.09M | $242.29M | $242.75M | $173.95M | $173.17M | $228.40M | $226.16M | $163.50M | $164.62M | $225.72M | $220.27M | $45.89M | $161.86M | $201.79M | $215.82M | $41.72M | $94.10M | $197.66M | $209.59M | $32.98M | $129.91M | $175.68M | $161.73M | $29.98M | $105.07M | $145.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.20% | 3.16% | 1.17% | 1.20% | 1.37% | 4.15% | 1.00% | 1.22% | 1.38% | 2.37% | 0.73% | 1.13% |
4 analysts predict WSO's average Quarter EBITDA for Sep 23 to be $206.31M, with a high of $214.01M and a low of $201.79M. This is -22.35% lower than Watsco's previous annual EBITDA (Jun 23) of $265.70M.
Watsco Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 9 | 4 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 10 | 16 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $172.76M | $110.07M | $137.67M | $157.64M | $192.56M | $113.30M | $95.63M | $140.87M | $144.10M | $55.09M | $46.01M | $106.49M |
| Avg Forecast | $108.87M | $205.31M | $232.43M | $108.12M | $102.40M | $200.77M | $206.00M | $97.21M | $91.64M | $185.29M | $188.00M | $85.87M | $81.01M | $178.00M | $176.89M | $40.65M | $91.18M | $161.40M | $185.42M | $36.95M | $81.70M | $166.92M | $191.53M | $29.21M | $63.90M | $132.27M | $114.72M | $26.56M | $37.43M | $94.02M |
| High Forecast | $114.16M | $215.28M | $243.72M | $113.37M | $107.37M | $210.52M | $216.00M | $101.93M | $96.09M | $194.29M | $197.13M | $87.42M | $88.61M | $178.83M | $176.90M | $48.78M | $100.30M | $169.24M | $194.42M | $44.34M | $98.04M | $166.92M | $191.53M | $35.05M | $63.90M | $132.27M | $114.72M | $31.87M | $37.43M | $94.02M |
| Low Forecast | $105.77M | $199.46M | $225.81M | $105.04M | $99.48M | $195.05M | $200.13M | $94.44M | $89.03M | $180.02M | $182.65M | $83.54M | $74.92M | $177.18M | $176.89M | $32.52M | $83.89M | $156.80M | $180.14M | $29.56M | $65.36M | $166.92M | $191.53M | $23.37M | $63.90M | $132.27M | $114.72M | $21.24M | $37.43M | $94.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 2.98% | 1.69% | 0.94% | 1.01% | 3.88% | 1.50% | 1.06% | 1.26% | 2.07% | 1.23% | 1.13% |
Watsco's average Quarter net income forecast for Sep 23 is $161.40M, with a range of $156.80M to $169.24M. WSO's average Quarter net income forecast represents a -6.58% decrease compared to the company's last Quarter net income of $172.76M (Jun 23).
Watsco SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 9 | 4 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 10 | 16 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $304.15M | $287.06M | $301.75M | $321.52M | $314.75M | $283.35M | $292.08M | $281.92M | $266.70M | $217.61M | $214.57M | $221.04M |
| Avg Forecast | $323.39M | $411.56M | $430.52M | $313.41M | $315.88M | $409.08M | $409.85M | $293.70M | $292.38M | $385.63M | $381.84M | $275.10M | $276.89M | $373.28M | $363.75M | $160.56M | $273.98M | $340.69M | $364.38M | $145.96M | $302.50M | $341.55M | $362.16M | $115.38M | $224.47M | $303.57M | $279.45M | $104.89M | $181.55M | $250.59M |
| High Forecast | $335.47M | $426.93M | $446.60M | $325.12M | $327.68M | $424.36M | $425.15M | $304.67M | $303.30M | $400.04M | $396.11M | $286.99M | $283.60M | $373.81M | $363.75M | $192.67M | $277.32M | $353.42M | $377.99M | $175.15M | $363.01M | $341.55M | $362.16M | $138.46M | $224.47M | $303.57M | $279.45M | $125.87M | $181.55M | $250.59M |
| Low Forecast | $316.31M | $402.54M | $421.09M | $306.54M | $308.96M | $400.11M | $400.87M | $287.26M | $285.98M | $377.18M | $373.48M | $270.01M | $271.85M | $372.76M | $363.75M | $128.44M | $267.30M | $333.23M | $356.40M | $116.77M | $242.00M | $341.55M | $362.16M | $92.31M | $224.47M | $303.57M | $279.45M | $83.92M | $181.55M | $250.59M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | 1.97% | 1.00% | 0.94% | 0.87% | 2.46% | 1.30% | 0.93% | 0.95% | 2.07% | 1.18% | 0.88% |
Watsco's average Quarter SG&A projection for Sep 23 is $340.69M, based on 4 Wall Street analysts, with a range of $333.23M to $353.42M. The forecast indicates a 12.01% rise compared to WSO last annual SG&A of $304.15M (Jun 23).
Watsco EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 9 | 4 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 10 | 16 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.13 | $2.83 | $3.31 | $4.04 | $4.94 | $2.91 | $2.46 | $3.31 | $3.40 | $1.27 | $1.04 | $2.53 |
| Avg Forecast | $2.89 | $5.45 | $6.17 | $2.87 | $2.72 | $5.33 | $5.47 | $2.58 | $2.43 | $4.92 | $4.99 | $2.28 | $2.15 | $4.73 | $4.70 | $2.29 | $2.42 | $4.28 | $4.92 | $2.39 | $2.12 | $4.44 | $5.09 | $1.79 | $1.70 | $3.52 | $3.05 | $0.90 | $0.99 | $2.50 |
| High Forecast | $3.03 | $5.71 | $6.47 | $3.01 | $2.85 | $5.59 | $5.73 | $2.71 | $2.55 | $5.16 | $5.23 | $2.32 | $2.35 | $4.75 | $4.70 | $2.29 | $2.66 | $4.49 | $5.16 | $2.51 | $2.20 | $4.44 | $5.09 | $1.79 | $1.70 | $3.52 | $3.05 | $0.90 | $0.99 | $2.50 |
| Low Forecast | $2.81 | $5.29 | $5.99 | $2.79 | $2.64 | $5.18 | $5.31 | $2.51 | $2.36 | $4.78 | $4.85 | $2.22 | $1.99 | $4.70 | $4.70 | $2.29 | $2.23 | $4.16 | $4.78 | $2.32 | $2.07 | $4.44 | $5.09 | $1.79 | $1.70 | $3.52 | $3.05 | $0.90 | $0.99 | $2.50 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 1.18% | 1.56% | 0.91% | 0.97% | 1.63% | 1.45% | 0.94% | 1.12% | 1.41% | 1.05% | 1.01% |
According to 4 Wall Street analysts, Watsco's projected average Quarter EPS for Sep 23 is $4.28, with a low estimate of $4.16 and a high estimate of $4.49. This represents a 3.74% increase compared to WSO previous annual EPS of $4.13 (Jun 23).
Watsco Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MSM | MSC Industrial Direct | $81.38 | $105.71 | 29.90% | Buy |
| FERG | Ferguson | $178.78 | $224.86 | 25.77% | Buy |
| POOL | Pool | $344.70 | $388.80 | 12.79% | Buy |
| SITE | SiteOne Landscape Supply | $142.49 | $154.00 | 8.08% | Hold |
| FAST | Fastenal | $74.08 | $77.80 | 5.02% | Hold |
| WSO | Watsco | $481.82 | $457.50 | -5.05% | Hold |
| AIT | Applied Industrial | $254.46 | $241.00 | -5.29% | Buy |
| GWW | W.W. Grainger | $1.11K | $1.02K | -8.10% | Buy |
| CNM | Core & Main | $56.51 | $51.00 | -9.75% | Buy |