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Wesco International, Inc (NYSE: WCC) closed the day trading at $174.69 down -1.62% from the previous closing price of $177.56. In other words, the price has decreased by -$1.62 from its previous closing price. On the day, 0.75 million shares were traded.
Ratios:
For a better understanding of WCC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.47. For the most recent quarter (mrq), Quick Ratio is recorded 1.27 and its Current Ratio is at 2.20. In the meantime, Its Debt-to-Equity ratio is 1.18 whereas as Long-Term Debt/Eq ratio is at 1.14.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Robert W. Baird on October 16, 2024, Upgraded its rating to Outperform and sets its target price to $550 from $522 previously.
On May 29, 2024, Robert W. Baird Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $200 to $195.
RBC Capital Mkts Downgraded its Outperform to Sector Perform on February 13, 2024, whereas the target price for the stock was revised from $202 to $173.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 22 ’24 when Kulasa Matthew S sold 278 shares for $208.62 per share. The transaction valued at 57,996 led to the insider holds 3,282 shares of the business.
Wolf Christine Ann sold 2,038 shares of WCC for $435,025 on Nov 25 ’24. The EVP & CHRO now owns 30,320 shares after completing the transaction at $213.46 per share. On Nov 25 ’24, another insider, Squires Nelson John III, who serves as the EVP & GM, EES of the company, sold 5,000 shares for $215.00 each. As a result, the insider received 1,075,000 and left with 44,621 shares of the company.
Valuation Measures:
As of this moment, Wesco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.36, and their Forward P/E ratio for the next fiscal year is 10.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 1.71.
Stock Price History:
Over the past 52 weeks, WCC has reached a high of $216.17, while it has fallen to a 52-week low of $143.06. The 50-Day Moving Average of the stock is -6.31%, while the 200-Day Moving Average is calculated to be -1.74%.
Shares Statistics:
A total of 48.79M shares are outstanding, with a floating share count of 47.81M. Insiders hold about 2.03% of the company’s shares, while institutions hold 95.29% stake in the company.
