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Watsco (NYSE:WSO) has earned a consensus recommendation of “Hold” from the eight analysts that are covering the stock, AnalystRatings.Net reports. Three equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $107.00.

Watsco (NYSE:WSO) traded down 0.46% on Tuesday, hitting $104.15. The stock had a trading volume of 22,911 shares. Watsco has a 1-year low of $79.66 and a 1-year high of $105.39. The stock has a 50-day moving average of $100.6 and a 200-day moving average of $96.9. The company has a market cap of $3.359 billion and a price-to-earnings ratio of 27.78.

Watsco (NYSE:WSO) last released its earnings data on Thursday, April 17th. The company reported $0.48 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.47 by $0.01. The company had revenue of $763.00 million for the quarter, compared to the consensus estimate of $761.85 million. During the same quarter last year, the company posted $0.39 earnings per share. Watsco’s revenue was up 6.9% compared to the same quarter last year. On average, analysts predict that Watsco will post $4.48 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on WSO shares. Analysts at Morgan Stanley initiated coverage on shares of Watsco in a research note on Tuesday. They set an “equal weight” rating and a $111.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Watsco in a research note on Wednesday, April 23rd. They now have a $110.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Watsco in a research note on Friday, February 21st. They now have a $103.00 price target on the stock.

Watsco, Inc(NYSE:WSO) is the distributor of air conditioning, heating and refrigeration equipment and related parts and supplies (HVAC/R) in the HVAC/R distribution industry.

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