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

Watsco Inc (NYSE:WSO.B)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $429.35 and last traded at $429.35, with a volume of 5 shares trading hands. The stock had previously closed at $429.35.

Watsco Stock Performance

The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.47 and a current ratio of 3.36. The company has a market cap of $16.96 billion, a price-to-earnings ratio of 31.43 and a beta of 0.59. The company has a fifty day moving average of $395.80 and a two-hundred day moving average of $388.04.

Watsco (NYSE:WSO.B) last announced its quarterly earnings data on Tuesday, February 13th. The construction company reported $2.06 EPS for the quarter, missing the consensus estimate of $2.42 by ($0.36). Watsco had a return on equity of 21.36% and a net margin of 7.36%. The company had revenue of $1.60 billion for the quarter.

Watsco Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 31st. Investors of record on Wednesday, January 17th were given a dividend of $2.45 per share. This represents a $9.80 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date of this dividend was Tuesday, January 16th. Watsco’s payout ratio is 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.