Shares of Watsco Inc (NYSE:WSO.B – Get Free Report) saw an uptick in trading volume on Wednesday . 500 shares were traded during trading, an increase of 67% from the previous session’s volume of 300 shares.The stock last traded at $390.85 and had previously closed at $412.60.
Watsco Trading Down 5.3 %
The stock’s 50 day moving average price is $399.16 and its 200-day moving average price is $384.04. The company has a quick ratio of 1.47, a current ratio of 3.36 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $15.44 billion, a P/E ratio of 28.61 and a beta of 0.59.
Watsco (NYSE:WSO.B – Get Free Report) last posted its earnings results on Tuesday, February 13th. The construction company reported $2.06 EPS for the quarter, missing analysts’ consensus estimates of $2.42 by ($0.36). Watsco had a net margin of 7.36% and a return on equity of 21.36%. The firm had revenue of $1.60 billion for the quarter.
Watsco Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 17th were issued a $2.45 dividend. The ex-dividend date was Tuesday, January 16th. This represents a $9.80 dividend on an annualized basis and a dividend yield of 2.51%. Watsco’s dividend payout ratio is currently 71.74%.
About Watsco
Watsco, Inc, together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment; and related parts and supplies in the United States, Canada, Mexico, and Puerto Rico. It offers residential ducted and ductless air conditioners; gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment.