Press coverage about Watsco (NYSE:WSO) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Watsco earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave news headlines about the construction company an impact score of 64 out of 100, meaning that recent media coverage is somewhat likely to have an impact on the company’s share price in the next several days.

Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:

Insider Buying and Selling by Quarter for Watsco (NYSE:WSO)

A number of analysts have recently issued reports on the stock. Stifel Nicolaus reissued a “buy” rating and set a $176.00 target price on shares of Watsco in a research note on Friday. BidaskClub raised shares of Watsco from a “hold” rating to a “buy” rating in a research note on Friday. Seaport Global Securities raised shares of Watsco from a “neutral” rating to a “buy” rating and boosted their target price for the company from $145.00 to $160.00 in a research note on Wednesday, April 26th. Finally, Zacks Investment Research lowered shares of Watsco from a “hold” rating to a “sell” rating in a research note on Tuesday, April 18th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. Watsco currently has a consensus rating of “Hold” and a consensus target price of $149.83.

Shares of Watsco (WSO) opened at 155.46 on Friday. The company has a 50 day moving average price of $142.40 and a 200 day moving average price of $146.66. The company has a market capitalization of $5.07 billion, a P/E ratio of 30.19 and a beta of 0.82. Watsco has a 12-month low of $128.60 and a 12-month high of $159.55.

Watsco (NYSE:WSO) last announced its earnings results on Tuesday, April 25th. The construction company reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.80 by $0.13. Watsco had a net margin of 4.13% and a return on equity of 13.81%. The firm had revenue of $872.10 million for the quarter, compared to analysts’ expectations of $877.45 million. During the same quarter last year, the business earned $0.71 earnings per share. The business’s revenue was up 2.4% compared to the same quarter last year. Equities analysts anticipate that Watsco will post $5.62 EPS for the current year.

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Watsco Company Profile

Watsco, Inc is a distributor of air conditioning, heating and refrigeration equipment, and related parts and supplies (HVAC/R) in the HVAC/R distribution industry in North America. As of December 31, 2016, the Company sold a range of non-equipment products, representing more than 300,000 stock keeping units, including parts, ductwork, air movement products, insulation, tools, installation supplies, thermostats and air quality products.

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