Barry Logan - Watsco President
| WSO Stock | USD 478.59 5.72 1.18% |
President
Mr. Barry S. Logan serves as Senior Vice President, Secretary of Watsco Inc. Mr. Logan has served as our Senior Vice President since November 2003 and previously served as a Watsco director from 2011 to 2018. Mr. Logan served as Vice President of Finance and Chief Financial Officer from 1997 to October 2003, as Treasurer from 1996 to 1998 and in other capacities beginning in 1992. Mr. Logan is a certified public accountant. Mr. Logan was Watscos fourth corporate employee and is an integral participant in the Companys business development initiatives, financial and other strategic activities during his 26year career. He is also the principal contact with the institutional shareholder community and, as such, is the principal contact for engagement with our shareholders. since 2019.
| Age | 61 |
| Tenure | 6 years |
| Phone | 305 714 4100 |
| Web | https://www.watsco.com |
Watsco Management Efficiency
The company has Return on Asset of 0.1053 % which means that on every $100 spent on assets, it made $0.1053 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2122 %, implying that it generated $0.2122 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.Similar Executives
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Management Performance
| Return On Equity | 0.21 | ||||
| Return On Asset | 0.11 |
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 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, Vice Development | ||
| 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 | ||
| J Custer, Independent Director | ||
| Barry CPA, Secretary Strategy | ||
| Barry Logan, Executive Vice President - Planning & Strategy, Secretary | ||
| Paul Johnston, Executive President | ||
| Denise Dickins, Lead Independent Director | ||
| Ana CPA, CFO Treasurer | ||
| George Sape, Independent Director | ||
| Brian Keeley, Independent 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.
| Return On Equity | 0.21 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 19.24 B | ||||
| Shares Outstanding | 34.83 M | ||||
| Shares Owned By Insiders | 0.39 % | ||||
| Shares Owned By Institutions | 99.61 % | ||||
| Number Of Shares Shorted | 2.32 M | ||||
| Price To Earning | 36.34 X |
Pair Trading with Watsco
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Watsco position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Watsco will appreciate offsetting losses from the drop in the long position's value.Moving together with Watsco Stock
Moving against Watsco Stock
| 0.72 | BA | Boeing | PairCorr |
| 0.63 | WCC-PA | WESCO International | PairCorr |
| 0.62 | B | Barnes Group | PairCorr |
| 0.46 | AP | Ampco Pittsburgh | PairCorr |
The ability to find closely correlated positions to Watsco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Watsco when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Watsco - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Watsco Inc to buy it.
The correlation of Watsco is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Watsco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Watsco Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Watsco can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.
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.