Watsco (NYSE:WSO.B) Hits New 1-Year High at $495.00

Watsco Inc (NYSE:WSO.B) reached a new 52-week high during trading on Tuesday . The stock traded as high as $495.00 and last traded at $495.00, with a volume of 59 shares trading hands. The stock had previously closed at $495.00.

Watsco Price Performance

The company’s 50 day moving average price is $476.44 and its two-hundred day moving average price is $451.79. The company has a current ratio of 3.21, a quick ratio of 1.55 and a debt-to-equity ratio of 0.01. The firm has a market cap of $19.95 billion, a PE ratio of 37.90 and a beta of 0.58.

Watsco (NYSE:WSO.B) last posted its quarterly earnings data on Tuesday, July 30th. The construction company reported $4.49 EPS for the quarter. The firm had revenue of $2.14 billion for the quarter. Watsco had a return on equity of 18.55% and a net margin of 7.02%.

Watsco Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Tuesday, July 16th were given a $2.70 dividend. The ex-dividend date of this dividend was Tuesday, July 16th. This represents a $10.80 annualized dividend and a dividend yield of 2.18%. Watsco’s payout ratio is 83.08%.

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.