FTSE 100 today: Index, pound edge higher; StanChart, Revolution Beauty jump
Shares of Watsco Inc (NYSE:WSO). reached a 52-week low, closing at 419.51 USD, reflecting a challenging year for the company. According to InvestingPro data, the stock is currently trading at a P/E ratio of 32.9x and maintains strong financial health with a current ratio of 3.28. Over the past 12 months, Watsco stock has experienced a decline of 10.04%, indicating a period of underperformance relative to its previous levels. The recent dip to its lowest point in a year underscores the market’s cautious sentiment toward the company’s outlook. Despite the decline, Watsco has maintained dividend payments for 42 consecutive years and currently offers a dividend yield of 2.78%. Based on InvestingPro’s Fair Value analysis, the stock appears slightly overvalued at current levels. Investors are closely monitoring Watsco’s strategies to navigate the current economic landscape, as the company seeks to regain momentum and reverse its downward trend. Analyst targets suggest potential upside, with price targets ranging from $333 to $550. Discover 10+ additional exclusive insights and detailed analysis in the Pro Research Report, available on InvestingPro.
In other recent news, Watsco, Inc. reported its first-quarter 2025 financial results, revealing an earnings per share (EPS) of $1.93, which fell short of the expected $2.26. The company’s revenue also missed forecasts, coming in at $1.53 billion, below the anticipated $1.66 billion. Despite these results, Watsco increased its annual dividend by 11% to $12 per share. In addition to financial updates, Watsco completed the acquisition of Southern Ice Equipment Distributors, adding seven new locations and approximately $47 million in annualized sales to its portfolio. Earlier in the year, Watsco also acquired Lashley & Associates and Hawkins (NASDAQ:HWKN) HVAC Distributors, expanding its reach with ten new locations. The company remains focused on integrating these acquisitions and supporting them with advanced technology. Furthermore, Watsco held its annual shareholder meeting, where directors were elected, and Deloitte & Touche LLP was appointed as the independent registered public accounting firm for 2025. These recent developments reflect Watsco’s strategic initiatives and ongoing commitment to growth in the HVAC/R industry.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.