Key Takeaways From Watsco Analyst Ratings
Portfolio Pulse from Benzinga Insights
Analysts have recently evaluated Watsco (NYSE:WSO), providing a range of ratings from somewhat bullish to indifferent. The average 12-month price target has increased by 4.35% to $509.25. Watsco's financial metrics, such as revenue growth and net margin, indicate strong performance, although revenue growth lags behind industry peers.
October 24, 2024 | 3:01 pm
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Watsco has received mixed analyst ratings, with a somewhat bullish sentiment prevailing. The average price target has increased by 4.35% to $509.25, indicating positive expectations. Watsco's financial performance is strong, with impressive net margins and ROE, but revenue growth is slower than industry peers.
The increase in the average price target and the somewhat bullish sentiment from analysts suggest a positive short-term outlook for Watsco. The company's strong financial metrics, such as net margin and ROE, support this view. However, the slower revenue growth compared to peers may temper expectations slightly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100