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WSOWatsco, Inc.Sell4.4·$399.06-1.40%
SellModerate Confidence
Investment thesis

Watsco is an HVAC distribution business with a strong Piotroski score of 7/9 and solid free cash flow quality, but three consecutive earnings misses, analyst estimates trending down 16% over 30 days, and a dividend payout ratio of 343% create a fragile income and earnings outlook.

Thesis pillars

  • Earnings Miss StreakStable
  • Dividend Payout SustainabilityStable
  • Operational Quality ResilienceStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Watsco, Inc. (WSO) Stock Analysis

Range Bound setup

SellModerate Confidence

Industrials · Industrial Distribution

Sell if holding. Analyst target reached at $399.06 — A.R:R is negative (-0.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Consecutive earnings misses (3).

Watsco, Inc. and its subsidiaries (collectively, "Watsco," the "Company", or "we," "us," or "our") was incorporated in Florida in 1956 and is the largest distributor of air conditioning, heating and refrigeration equipment and related parts and supplies ("HVAC/R") in the HVAC/R... Read more

$399.06+3.4% A.UpsideScore 4.4/10#18 of 19 Industrial Distribution
QualityF-score7 / 9FCF yield3.14%
IncomeYield3.26%(5y avg 2.69%)Payout98.44%at-risk
Stop $375.48Target $412.48(resistance)A.R:R -0.9:1
Analyst target$422.90+6.0%10 analysts
$412.48our TP
$399.06price
$422.90mean
$370
$485

Sell if holding. Analyst target reached at $399.06 — A.R:R is negative (-0.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Consecutive earnings misses (3). Chart setup: RSI 60 mid-range, Bollinger mid-band. Score 4.4/10, moderate confidence.

Passes 7/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 23d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-07
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Jul 29, 202623d to earnings· next earnings call

Thesis

Rewards
No bull case signals
Risks
Analyst target reached - limited upside remaining
Consecutive earnings misses (3)
Weak overall score: 4.4/10

Key Metrics

P/E (TTM)33.2
P/E (Fwd)29.2
Mkt Cap$16.7B
EV/EBITDA22.8
Profit Mgn6.9%
ROE18.6%
Rev Growth0.1%
Beta1.01
Dividend3.26%
Rating analysts23

Quality Signals

Piotroski F7/9MoatNarrow

Options Flow

P/C14.38bearish
IV61%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Methodology · Editorial policy & full disclaimer

Rating Breakdown

3 floor-breakers

Growth below the gate floor. Component breakdown shows what dragged the score down.static

Earnings Growth
1.4
Revenue Growth
2.5

No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static

Earnings History
0.0
Surprise Avg
0.8
Erm
3.5
Earnings Timing
5.0
Dividend Safety
5.2
Earnings concerns: 1B/3MDividend: 326.0%

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Growth Rank
1.1
Value Rank
2.6
Quality Rank
6.7
GatesA.R:R -0.9=NEGATIVEMomentum 5.3<5.5 (soft — BUY_NOW allowed but watch)Momentum 5.3>=4.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 23d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Moderate
RSI
60 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $365.61Resistance $420.90

Price Targets

$375
$412
A.Upside+3.4%
A.R:R-0.9:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-7.8% upside)
! Negative risk/reward — downside exceeds upside

Earnings

B
M
M
M
1/4 beats
Next Earnings2026-07-29 (23d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is WSO stock a buy right now?

Sell if holding. Analyst target reached at $399.06 — A.R:R is negative (-0.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Consecutive earnings misses (3). Chart setup: RSI 60 mid-range, Bollinger mid-band. Prior stop was $375.48. Score 4.4/10, moderate confidence.

What is the WSO stock price target?

Take-profit target: $412.48 (+3.4% upside). Prior stop was $375.48. Stop-loss: $375.48.

What are the risks of investing in WSO?

Analyst target reached - limited upside remaining; Consecutive earnings misses (3); Weak overall score: 4.4/10.

Is WSO overvalued or undervalued?

Watsco, Inc. trades at a P/E of 33.2 (forward 29.2). TrendMatrix value score: 4.3/10. Verdict: Sell.

What do analysts say about WSO?

23 analysts cover WSO with a consensus score of 2.8/5. Average price target: $423.

What does Watsco, Inc. do?Watsco, Inc. and its subsidiaries (collectively, "Watsco," the "Company", or "we," "us," or "our") was incorporated in...

Watsco, Inc. and its subsidiaries (collectively, "Watsco," the "Company", or "we," "us," or "our") was incorporated in Florida in 1956 and is the largest distributor of air conditioning, heating and refrigeration equipment and related parts and supplies ("HVAC/R") in the HVAC/R distribution industry in North America. At December 31, 2025, we operated from 695 locations in 43 U.S.

Related stocks: REZI (Resideo Technologies, Inc.) · MSM (MSC Industrial Direct Company, ) · DNOW (DNOW Inc.) · SITE (SiteOne Landscape Supply, Inc.) · WCC (WESCO International, Inc.)
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