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NYSE: WSO
Watsco Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for WSO

Based on 6 analysts offering 12 month price targets for Watsco Inc.
Min Forecast
$218.00-26.3%
Avg Forecast
$313.67+6.04%
Max Forecast
$375.00+26.77%

Should I buy or sell WSO stock?

Based on 6 analysts offering ratings for Watsco Inc.
Buy
Strong Buy
2 analysts 33.33%
Buy
1 analysts 16.67%
Hold
2 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
1 analysts 16.67%

Be the first to know when Wall Street analysts revise their WSO stock forecasts and price targets.

WSO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Stephens & Co.
Top 19%
82
Strong BuyMaintains$375.00+26.77%2023-02-21
Baird
Top 10%
91
BuyMaintains$350.00+18.32%2023-02-17
KeyBanc
Bottom 22%
22
Strong BuyMaintains$365.00+23.39%2023-02-17
UBS
Bottom 12%
12
HoldInitiates Coverage On$280.00-5.34%2023-01-10
Deutsche Bank
Bottom 22%
22
HoldMaintains$294.00-0.61%2022-10-24
Morgan Stanley
Top 5%
96
Strong SellMaintains$218.00-26.30%2022-10-12

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Forecast return on equity

Is WSO forecast to generate an efficient return?
Company
27.97%
Industry
41.16%
Market
51.51%
WSO's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is WSO forecast to generate an efficient return on assets?
Company
15.15%
Industry
17.36%
WSO is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

WSO earnings per share forecast

What is WSO's earnings per share in the next 2 years based on estimates from 8 analysts?
Avg 1 year Forecast
$13.88-10.22%
Avg 2 year Forecast
$13.61-11.97%
WSO's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

WSO revenue forecast

What is WSO's revenue in the next 2 years based on estimates from 7 analysts?
Avg 1 year Forecast
$7.4B+1.3%
Avg 2 year Forecast
$7.5B+2.75%
WSO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

WSO earnings growth forecast

How is WSO forecast to perform vs Industrial Distribution companies and vs the US market?
Company
-10.22%
Industry
2,002.19%
Market
77.01%
WSO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
WSO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
WSO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

WSO revenue growth forecast

How is WSO forecast to perform vs Industrial Distribution companies and vs the US market?
Company
1.3%
Industry
0.79%
Market
26.46%
WSO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
WSO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

WSO vs Industrial Distribution Stocks

TickerPricePrice TargetUp/downsideConsensus
WSO$295.80$313.67+6.04%Buy
WCC$138.62$189.00+36.34%Strong Buy
SITE$132.95$147.00+10.57%Hold
CNM$20.84$28.78+38.09%Buy
AIT$132.23$164.00+24.03%Strong Buy
View Top Industrial Distribution Stocks

Watsco Stock Forecast FAQ

Is Watsco Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NYSE: WSO) stock is to Buy WSO stock.

Out of 6 analysts, 2 (33.33%) are recommending WSO as a Strong Buy, 1 (16.67%) are recommending WSO as a Buy, 2 (33.33%) are recommending WSO as a Hold, 0 (0%) are recommending WSO as a Sell, and 1 (16.67%) are recommending WSO as a Strong Sell.

If you're new to stock investing, here's how to buy Watsco stock.

What is WSO's earnings growth forecast for 2023-2024?

(NYSE: WSO) Watsco's forecast annual earnings growth rate of -10.22% is not forecast to beat the US Industrial Distribution industry's average forecast earnings growth rate of 2,002.19%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 77.01%.

Watsco's earnings in 2023 is $601,167,000.On average, 8 Wall Street analysts forecast WSO's earnings for 2023 to be $538,932,654, with the lowest WSO earnings forecast at $420,507,251, and the highest WSO earnings forecast at $592,127,015.

In 2024, WSO is forecast to generate $528,449,094 in earnings, with the lowest earnings forecast at $429,049,411 and the highest earnings forecast at $621,248,016.

What is WSO's revenue growth forecast for 2023-2024?

(NYSE: WSO) Watsco's forecast annual revenue growth rate of 1.3% is forecast to beat the US Industrial Distribution industry's average forecast revenue growth rate of 0.79%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 26.46%.

Watsco's revenue in 2023 is $7,274,344,000.On average, 7 Wall Street analysts forecast WSO's revenue for 2023 to be $286,126,878,577, with the lowest WSO revenue forecast at $270,560,538,836, and the highest WSO revenue forecast at $297,817,018,978.

In 2024, WSO is forecast to generate $290,204,206,962 in revenue, with the lowest revenue forecast at $276,908,994,656 and the highest revenue forecast at $303,773,350,816.

What is WSO's forecast return on assets (ROA) for 2023-2024?

(NYSE: WSO) forecast ROA is 15.15%, which is lower than the forecast US Industrial Distribution industry average of 17.36%.

What is WSO's Price Target?

According to 6 Wall Street analysts that have issued a 1 year WSO price target, the average WSO price target is $313.67, with the highest WSO stock price forecast at $375.00 and the lowest WSO stock price forecast at $218.00.

On average, Wall Street analysts predict that Watsco's share price could reach $313.67 by Feb 21, 2024. The average Watsco stock price prediction forecasts a potential upside of 6.04% from the current WSO share price of $295.80.

What is WSO's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: WSO) Watsco's current Earnings Per Share (EPS) is $15.46. On average, analysts forecast that WSO's EPS will be $13.88 for 2023, with the lowest EPS forecast at $10.83, and the highest EPS forecast at $15.25. In 2024, WSO's EPS is forecast to hit $13.61 (min: $11.05, max: $16.00).

What is WSO's forecast return on equity (ROE) for 2023-2024?

(NYSE: WSO) forecast ROE is 27.97%, which is considered strong.
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