Stocks Showing Improving Market Leadership Watsco Earns 83 RS Rating
WSO Stock | USD 487.94 3.61 0.75% |
About 59% of all Watsco's investors are looking to take a long position. The analysis of overall sentiment of trading Watsco Inc stock suggests that some investors are interested at this time. Watsco's investing sentiment overview a quick insight into current market opportunities from investing in Watsco Inc. Many technical investors use Watsco Inc stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Watsco |
Watsco sees its Relative Strength Rating hit the 80-plus level.
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Watsco Inc Current Investor Sentiment
Panic Vs Confidence
59
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Watsco's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Watsco Inc.
News SentimentBullish | Hype SentimentNeutral | Insider SentimentDisposing |
Watsco Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Watsco can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Watsco Fundamental Analysis
We analyze Watsco's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Watsco using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Watsco based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Market Capitalization
Market Capitalization Comparative Analysis
Watsco is currently under evaluation in market capitalization category among its peers. Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Watsco Inc Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Watsco stock to make a market-neutral strategy. Peer analysis of Watsco could also be used in its relative valuation, which is a method of valuing Watsco by comparing valuation metrics with similar companies.
Peers
Watsco Related Equities
DXPE | DXP Enterprises | 2.25 | ||||
MSM | MSC Industrial | 1.09 | ||||
CNM | Core Main | 0.68 | ||||
AIT | Applied Industrial | 0.22 | ||||
POOL | Pool | 0.34 | ||||
FAST | Fastenal | 0.45 | ||||
FERG | Ferguson Plc | 0.94 | ||||
GWW | WW Grainger | 0.97 | ||||
SITE | SiteOne Landscape | 1.02 |
Check out Watsco Hype Analysis, Watsco Correlation and Watsco Performance. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Watsco. If investors know Watsco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Watsco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Dividend Share 10.3 | Earnings Share 12.97 | Revenue Per Share 200.984 | Quarterly Revenue Growth 0.016 |
The market value of Watsco Inc is measured differently than its book value, which is the value of Watsco that is recorded on the company's balance sheet. Investors also form their own opinion of Watsco's value that differs from its market value or its book value, called intrinsic value, which is Watsco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Watsco's market value can be influenced by many factors that don't directly affect Watsco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Watsco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Watsco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Watsco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.