Watsco Inc Stock Price on September 18, 2024

WSO Stock  USD 537.50  5.49  1.01%   
Below is the normalized historical share price chart for Watsco Inc extending back to June 07, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Watsco stands at 537.50, as last reported on the 5th of December, with the highest price reaching 542.82 and the lowest price hitting 534.05 during the day.
IPO Date
7th of June 1984
200 Day MA
468.7878
50 Day MA
507.181
Beta
0.874
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Watsco Stock, it is important to understand the factors that can impact its price. Watsco appears to be very steady, given 3 months investment horizon. Watsco Inc shows Sharpe Ratio of 0.18, which attests that the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Watsco Inc, which you can use to evaluate the volatility of the company. Please utilize Watsco's Market Risk Adjusted Performance of 0.1976, downside deviation of 1.6, and Mean Deviation of 1.33 to validate if our risk estimates are consistent with your expectations.
  
At this time, Watsco's Total Stockholder Equity is very stable compared to the past year. As of the 5th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 3.9 B, while Common Stock Shares Outstanding is likely to drop about 27.7 M. . At this time, Watsco's Price To Sales Ratio is very stable compared to the past year. As of the 5th of December 2024, Price Book Value Ratio is likely to grow to 7.37, while Price Earnings Ratio is likely to drop 15.27. Watsco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1805

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsWSO
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.69
  actual daily
15
85% of assets are more volatile

Expected Return

 0.31
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
14
86% of assets perform better
Based on monthly moving average Watsco is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Watsco by adding it to a well-diversified portfolio.
Price Book
8.132
Enterprise Value Ebitda
27.5514
Price Sales
2.9047
Shares Float
32.4 M
Dividend Share
10.3

Watsco Valuation on September 18, 2024

It is possible to determine the worth of Watsco on a given historical date. On September 18, 2024 Watsco was worth 490.8 at the beginning of the trading date compared to the closed value of 483.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Watsco stock. Still, in general, we apply an absolute valuation method to find Watsco's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Watsco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Watsco's related companies.
 Open High Low Close Volume
  490.60    494.27    486.60    489.07    145,248  
09/18/2024
  490.80    496.22    483.19    483.88    139,877  
  497.16    499.99    488.88    497.51    189,512  
Backtest Watsco  |  Watsco History  |  Watsco Valuation   PreviousNext  
Open Value
490.8
485.72
Downside
483.88
Closing Value
495.88
Upside

Watsco Trading Date Momentum on September 18, 2024

On September 19 2024 Watsco Inc was traded for  497.51  at the closing time. Highest Watsco's price during the trading hours was 499.99  and the lowest price during the day was  488.88 . The net volume was 189.5 K. The overall trading history on the 19th of September contributed to the next trading period price boost. The trading price change to the next next day price was 2.82% . The trading price change to current price is 1.70% .

Watsco Inc Fundamentals Correlations and Trends

By evaluating Watsco's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Watsco's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Watsco financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Watsco Stock history

Watsco investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Watsco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Watsco Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Watsco stock prices may prove useful in developing a viable investing in Watsco
Last ReportedProjected for Next Year
Common Stock Shares Outstanding36.5 M27.7 M
Net Income Applicable To Common Shares632.4 M664 M

Watsco Quarterly Net Working Capital

2.2 Billion

Watsco Stock Technical Analysis

Watsco technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Watsco technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Watsco trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Watsco Period Price Range

Low
December 5, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Watsco Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Watsco December 5, 2024 Market Strength

Market strength indicators help investors to evaluate how Watsco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Watsco shares will generate the highest return on investment. By undertsting and applying Watsco stock market strength indicators, traders can identify Watsco Inc entry and exit signals to maximize returns

Watsco Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Watsco's price direction in advance. Along with the technical and fundamental analysis of Watsco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Watsco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Watsco Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Watsco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Watsco Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Watsco Inc Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Watsco Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Watsco. If investors know Watsco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Watsco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Dividend Share
10.3
Earnings Share
12.85
Revenue Per Share
200.984
Quarterly Revenue Growth
0.016
The market value of Watsco Inc is measured differently than its book value, which is the value of Watsco that is recorded on the company's balance sheet. Investors also form their own opinion of Watsco's value that differs from its market value or its book value, called intrinsic value, which is Watsco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Watsco's market value can be influenced by many factors that don't directly affect Watsco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Watsco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Watsco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Watsco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.