Watsco (NYSE:WSO.B) Reaches New 52-Week High at $429.35

Watsco Inc (NYSE:WSO.B) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $429.35 and last traded at $429.35, with a volume of 5 shares. The stock had previously closed at $429.35.

Watsco Stock Performance

The company has a current ratio of 3.36, a quick ratio of 1.47 and a debt-to-equity ratio of 0.01. The stock’s 50-day moving average price is $395.80 and its 200-day moving average price is $388.04. The company has a market capitalization of $16.96 billion, a P/E ratio of 31.43 and a beta of 0.59.

Watsco (NYSE:WSO.B) last issued its quarterly earnings results on Tuesday, February 13th. The construction company reported $2.06 earnings per share (EPS) for the quarter, missing the consensus estimate 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Wednesday, January 17th were paid a $2.45 dividend. The ex-dividend date of this dividend was Tuesday, January 16th. This represents a $9.80 annualized dividend and a dividend yield of 2.28%. Watsco’s dividend payout ratio is currently 71.74%.

Watsco Company Profile

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.