David Darnell - Watsco Independent Director

WSO Stock  USD 413.57  7.07  1.74%   

Director

Mr. David C. Darnell serves as Independent Director of Watsco, Inc. He has served as a Board member since 2012. He retired from Bank of America Corporation as Vice Chairman in June 2016 after a 37year career. He previously served as its CoChief Operating Officer from 2011 until his election as Vice Chairman of Global Wealth Investment Management in August 2014. Mr. Darnells career has spanned nearly four decades, beginning as a local credit analyst, working his way through the ranks from middle market banking group president to Florida commercial division group president in the 1990s. In subsequent years, he was active in the strategic growth of the bank and an active leader in its merger and acquisition activities. Mr. Darnell brings significant operational, acquisition, governmental, financial, leadershipdevelopment capabilities and technology execution skills to the Board. He serves on the board of directors of Granite Construction, a publiclytraded company. Mr. Darnell is a member of the Audit Committee. since 2012.
Age 63
Tenure 12 years
Address 2665 South Bayshore Drive, Miami, FL, United States, 33133
Phone305 714 4100
Webhttps://www.watsco.com
Darnell has served as a member of the Board since 2012. The Board concluded that Mr. Darnell should serve as a director because of his years of executive oversight and senior management experience in the banking industry.

Watsco Management Efficiency

The company has Return on Asset of 0.1336 % which means that on every $100 spent on assets, it made $0.1336 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2607 %, implying that it generated $0.2607 on every 100 dollars invested. Watsco's management efficiency ratios could be used to measure how well Watsco manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Watsco's Return On Tangible Assets are very stable compared to the past year. As of the 23rd of April 2024, Return On Assets is likely to grow to 0.15, while Return On Capital Employed is likely to drop 0.13. At this time, Watsco's Return On Assets are very stable compared to the past year.
The company has 404.79 M in debt with debt to equity (D/E) ratio of 0.14, which may show that the company is not taking advantage of profits from borrowing. Watsco Inc has a current ratio of 2.52, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Watsco until it has trouble settling it off, either with new capital or with free cash flow. So, Watsco's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Watsco Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Watsco to invest in growth at high rates of return. When we think about Watsco's use of debt, we should always consider it together with cash and equity.

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Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, refrigeration equipment, and related parts and supplies. Watsco, Inc. was founded in 1945 and is headquartered in Miami, Florida. Watsco operates under Industrial Distribution classification in the United States and is traded on New York Stock Exchange. It employs 6850 people. Watsco Inc (WSO) is traded on New York Stock Exchange in USA. It is located in 2665 South Bayshore Drive, Miami, FL, United States, 33133 and employs 7,350 people. Watsco is listed under Trading Companies & Distributors category by Fama And French industry classification.

Management Performance

Watsco Inc Leadership Team

Elected by the shareholders, the Watsco's board of directors comprises two types of representatives: Watsco inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Watsco. The board's role is to monitor Watsco's management team and ensure that shareholders' interests are well served. Watsco's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Watsco's outside directors are responsible for providing unbiased perspectives on the board's policies.
Stephen Rush, Chief Operating Officer, Executive Vice President
Steven Fedrizzi, Independent Director
Steven Rupp, Chief Officer
Aaron Nahmad, VP of Strategy and Innovation, Director of Global Bus. Devel., Director and Member of Nominating and Strategy Committee
Rick Gomez, VP Devel
Steven Rubin, Independent Director
Albert Nahmad, Chairman, CEO and President and Chairman of Nominating and Strategy Committee
Bob Moss, Independent Co-Vice Chairman of the Board
Cesar Alvarez, Independent Co-Vice Chairman of the Board
Ana Menendez, Chief Financial Officer, Treasurer, Assistant Secretary
David Darnell, Independent Director
J Custer, Independent Director
Jason Epstein, Independent Director
Barry Logan, Executive Vice President - Planning & Strategy, Secretary
Paul Johnston, Executive President
Denise Dickins, Lead Independent Director
Paul Manley, Lead Independent Director
George Sape, Independent Director
Brian Keeley, Independent Director
Michael Custer, Director
John Macdonald, Director

Watsco Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Watsco a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Watsco Investors Sentiment

The influence of Watsco's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Watsco. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Watsco's public news can be used to forecast risks associated with an investment in Watsco. The trend in average sentiment can be used to explain how an investor holding Watsco can time the market purely based on public headlines and social activities around Watsco Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Watsco's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Watsco's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Watsco's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Watsco.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Watsco in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Watsco's short interest history, or implied volatility extrapolated from Watsco options trading.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Watsco Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Watsco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Watsco Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Watsco Inc Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Watsco Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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When running Watsco's price analysis, check to measure Watsco's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Watsco is operating at the current time. Most of Watsco's value examination focuses on studying past and present price action to predict the probability of Watsco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Watsco's price. Additionally, you may evaluate how the addition of Watsco to your portfolios can decrease your overall portfolio volatility.
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Is Watsco's industry 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
(0.41)
Dividend Share
9.8
Earnings Share
13.66
Revenue Per Share
200.07
Quarterly Revenue Growth
0.014
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.