Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Watsco (WSO) stocks in Canada

Learn how to easily invest in Watsco stocks.

Watsco Inc
+ $5.50 ( + 2.25%)

Watsco is an industrial distribution business based in the US. Watsco stocks (WSO.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $288.78 – a decrease of 1.31% over the previous week. Watsco employs 6,850 staff and has a trailing 12-month revenue of around $6.7 billion.

How to buy stocks in Watsco

  1. Compare stock trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – WSO – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of stocks with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Watsco stock price (NYSE:WSO)

Use our graph to track the performance of WSO stocks over time.

Watsco shares at a glance

Information last updated 2022-05-20.
Latest market close$244.01
52-week range$239.62 - $314.53
50-day moving average $284.06
200-day moving average $285.80
Wall St. target price$321.88
PE ratio 20.1319
Dividend yield $7.8 (3.33%)
Earnings per share (TTM) $12.28

Compare stock trading platforms

Note: The dollar amounts in the table below are in Canadian dollars.

1 - 6 of 6
Name Product Finder Rating Stock Trading Fee Account Fee Available Asset Types Offer
CIBC Investor's Edge
Finder Rating:
4 / 5
$4.95 - $6.95
$0 if conditions met, otherwise $100/year
Stocks, Bonds, Options, Mutual Funds, ETFs
Young investors 18 to 24 can get free online trades and a $0 annual account fee. Conditions apply.
Wealthsimple Trade
Finder Rating:
3.9 / 5
Stocks, ETFs
Get 2 free stocks when you deposit and trade $150.
Scotia iTRADE
Finder Rating:
3.8 / 5
$4.99 - $9.99
Bonds, Options, Mutual Funds, ETFs, GICs, International Equities
Interactive Brokers
Finder Rating:
4.1 / 5
Min. $1.00, Max. 0.5%
Stocks, Bonds, Options, ETFs, Currencies, Futures
Finder Rating:
4.2 / 5
$4.95 - $9.95
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities, Precious Metals
Get $50 in free trades when you fund your account with a minimum of $1,000.
Qtrade Direct Investing
Finder Rating:
4.1 / 5
$6.95 - $8.75
$0 if conditions met, otherwise $25/quarter
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
Get almost $500 in commission free trades when you fund your new account with a minimum of $10,000. Conditions apply. Ends August 31, 2022.

Compare up to 4 providers

Online stock trading

Is it a good time to buy Watsco stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Watsco price performance over time

Historical closes compared with the close of $244.01 from 2022-05-25

1 week (2022-05-20) -1.08%
1 month (2022-04-27) -13.27%
3 months (2022-02-23) -4.79%
6 months (2021-11-26) -18.73%
1 year (2021-05-27) -15.51%
2 years (2020-05-27) 39.83%
3 years (2019-05-24) 55.72%
5 years (2017-05-26) 73.54%

Is Watsco under- or over-valued?

Valuing Watsco stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Watsco's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Watsco's P/E ratio

Watsco's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, Watsco shares trade at around 20x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Watsco's PEG ratio

Watsco's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 6.484. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Watsco's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Watsco's EBITDA

Watsco's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $728.4 million.

The EBITDA is a measure of a Watsco's overall financial performance and is widely used to measure a its profitability.

Watsco financials

Revenue TTM $6.7 billion
Operating margin TTM 10.49%
Gross profit TTM $1.7 billion
Return on assets TTM 14.18%
Return on equity TTM 29.27%
Profit margin 7.16%
Book value $48.59
Market capitalisation $9.6 billion

TTM: trailing 12 months

Watsco share dividends


Dividend payout ratio: 65.71% of net profits

Recently Watsco has paid out, on average, around 65.71% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.33% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Watsco shareholders could enjoy a 3.33% return on their shares, in the form of dividend payments. In Watsco's case, that would currently equate to about $7.8 per share.

Watsco's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Watsco's most recent dividend payout was on 29 April 2022. The latest dividend was paid out to all shareholders who bought their shares by 13 April 2022 (the "ex-dividend date").

Have Watsco's shares ever split?

Watsco's shares were split on a 3:2 basis on 17 August 1998. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Watsco shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Watsco shares which in turn could have impacted Watsco's share price.

Watsco share price volatility

Over the last 12 months, Watsco's shares have ranged in value from as little as $239.62 up to $314.5256. A popular way to gauge a stock's volatility is its "beta".

WSO.US volatility(beta: 0.87)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Watsco's is 0.8688. This would suggest that Watsco's shares are less volatile than average (for this exchange).

Watsco overview

Watsco, Inc. , together with its subsidiaries, distributes air conditioning, heating, refrigeration equipment, and related parts and supplies. The company distributes equipment comprising residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. It also offers parts, including replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation materials, refrigerants, ductworks, grills, registers, sheet metals, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies, as well as plumbing and bathroom remodeling supplies. The company serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. As of December 31, 2021, it operated from 671 locations in the United States, Canada, Mexico, and Puerto Rico, as well as exports its products to Latin America and the Caribbean Basin. Watsco, Inc.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More on investing

More guides on Finder

Go to site