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WSO · NASDAQ · STOCK

Watsco

Industrials Updated August 09, 2026
$328.60
52W $300.66 – $459.00
55/100
$13.60B
28.5
1.04
AI Committee Verdict
Watch
55/100
Conviction: Contested · 50% agreement · 6 analysts
+4.0%
-2.0%
2.00:1
Contested

Is WSO Bullish or Bearish?

Mixed. Innellis AI committee rates Watsco (WSO) Watch with a composite score of 55/100 , based on 6 analysts with 50% agreement. Last updated August 09, 2026.

What Would Change This View

Upgrade to Buy
Requires a committee score of 60.0 — +4.79 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Reduce
Requires the score to fall below 40.0 — -15.21 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Macro Analyst sees a compelling case — market regime is bullish (bull market -- normal position sizing). Growth Analyst remains cautious — revenue declining -4.5% yoy -- this is not a growth story right now. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • ROE of 17.8% shows genuine earnings power backing the valuation — Value
  • Dividend yield of 3.2% pays you to wait — Value
  • Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
  • Low leverage (debt-to-equity 0.01) -- balance sheet can absorb a shock — Risk
  • Market regime is bullish (Bull market -- normal position sizing) — Macro
  • News sentiment is positive (+0.33 across 18 articles, 14d) — News
Bear Case
  • P/E of 27.2 is moderate-to-rich — Value
  • Price-to-book of 4.9x prices in significant intangible value — Value
  • Revenue declining -4.5% YoY -- this is not a growth story right now — Growth
  • EPS declining -6.8% YoY despite any revenue growth — Growth
  • Price structure making lower highs and lower lows — Technical
  • MACD histogram negative -- bearish momentum — Technical
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 09, 2026
Overall Committee Score
55/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 76%
of 158 Industrials peers
Value Analyst neutral
54 / 100 · High confidence
Fair value -- neither a bargain nor obviously overpriced
+ ROE of 17.8% shows genuine earnings power backing the valuation
− P/E of 27.2 is moderate-to-rich
Growth Analyst bearish
40 / 100 · High confidence
Growth story is weak, decelerating, or inconsistent
+ Quarter-over-quarter growth rate is ACCELERATING, not just positive
− Revenue declining -4.5% YoY -- this is not a growth story right now
Technical Analyst neutral
42 / 100 · High confidence
Mixed or range-bound price action
− Price structure making lower highs and lower lows
Risk Analyst neutral
58 / 100 · Moderate confidence
Moderate risk -- no single red flag, but nothing that clearly de-risks the position either
+ Low leverage (debt-to-equity 0.01) -- balance sheet can absorb a shock
− Bollinger bandwidth of 32.4% signals elevated volatility
Macro Analyst bullish
70 / 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ Market regime is bullish (Bull market -- normal position sizing)
News Analyst bullish
68 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.33 across 18 articles, 14d)
Portfolio Manager neutral
55 / 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 4 existing position pair(s) are highly correlated already
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Investment Thesis Evolution

Committee score moved marginally from 54.5 to 55.2.

Analyst-level changes:
  • News Analyst: score 64->68 (+4); +1 bullish signal(s).
  • Value Analyst: +1 bearish signal(s).

Comparing 2026-08-08 to 2026-08-09 (1 day apart).

Technical Analysis

RSI (14)
41.9
Neutral
MACD Histogram
-1.874
Bearish Momentum
Trend Direction
Downtrend
Weekly: Sideways
Market Structure
Mixed
Support
$323.34
Resistance
$343.31
Bollinger %B
0.29
Inside Bands
Price vs Moving Averages
EMA 9
$332.34 Below
EMA 21
$348.87 Below
EMA 50
$368.60 Below
EMA 200
$389.52 Below

Fundamental Analysis

Valuation
68
Growth
52
Profitability
60
Financial Health
100
Cash Flow
70
Valuation
P/E Ratio 28.5×
P/B Ratio 4.20×
PEG Ratio -2.47
Dividend Yield 3.82%
52W High $459.00
52W Low $300.66
Quality & Growth
ROE 1786.9%
ROA 1115.4%
Gross Margin 2786.7%
Operating Margin 932.4%
Revenue Growth YoY
Debt / Equity 0.18
AI Fundamental Assessment
P/E ratio of 28.5 (moderate relative to a 15-40x range); Price-to-book of 4.2x; PEG ratio of -2.5 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 17.9%; Return on assets of 11.2%; Net margin of 6.5%; Gross margin of 27.9%; Current ratio of 3.20 (healthy short-term liquidity); Debt-to-equity of 0.18; Free cash flow per share is positive (17.65); Most recent quarter missed estimates by 10.7%; EPS growth accelerating (+11.3% -> +113.9% QoQ); Average YoY EPS growth of -11.6%; Analyst estimates rising over recent quarters
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Explore WSO Further

📈 Rating History 💰 Earnings 📰 Recent Events 🔄 What Changed 📖 Thesis Evolution 🔍 Similar Stocks
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