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Wesco International, Inc (NYSE: WCC) closed the day trading at $152.03 down -6.71% from the previous closing price of $162.96. In other words, the price has decreased by -$6.71 from its previous closing price. On the day, 1.56 million shares were traded. WCC stock price reached its highest trading level at $161.97 during the session, while it also had its lowest trading level at $151.4475.
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 10.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.37. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WCC now has a Market Capitalization of 7419079168 and an Enterprise Value of 13093284864. As of this moment, Wesco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.63, and their Forward P/E ratio for the next fiscal year is 9.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.34 while its Price-to-Book (P/B) ratio in mrq is 1.49. Its current Enterprise Value per Revenue stands at 0.6 whereas that against EBITDA is 9.168.
Stock Price History:
The Beta on a monthly basis for WCC is 1.92, which has changed by -0.09344065 over the last 52 weeks, in comparison to a change of 0.092895746 over the same period for the S&P500. Over the past 52 weeks, WCC has reached a high of $216.17, while it has fallen to a 52-week low of $125.21. The 50-Day Moving Average of the stock is -5.34%, while the 200-Day Moving Average is calculated to be -12.99%.
Shares Statistics:
Over the past 3-months, WCC traded about 859.75K shares per day on average, while over the past 10 days, WCC traded about 841390 shares per day. A total of 48.79M shares are outstanding, with a floating share count of 47.74M. Insiders hold about 2.17% of the company’s shares, while institutions hold 97.63% stake in the company. Shares short for WCC as of 1744675200 were 1557404 with a Short Ratio of 1.81, compared to 1741910400 on 1801454. Therefore, it implies a Short% of Shares Outstanding of 1557404 and a Short% of Float of 3.25.
Dividends & Splits
WCC’s forward annual dividend rate is 1.69, up from 0.0 a year ago. Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The current market rating for Wesco International, Inc (WCC) reflects the collective analysis of 8.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $3.91, with high estimates of $4.23 and low estimates of $3.62.
Analysts are recommending an EPS of between $14.4 and $12.95 for the fiscal current year, implying an average EPS of $13.57. EPS for the following year is $16.01, with 10.0 analysts recommending between $16.91 and $14.55.
Revenue Estimates
7 analysts predict $5.7B in revenue for the current quarter. It ranges from a high estimate of $5.87B to a low estimate of $5.56B. As of the current estimate, Wesco International, Inc’s year-ago sales were $5.48BFor the next quarter, 7 analysts are estimating revenue of $5.73B. There is a high estimate of $5.84B for the next quarter, whereas the lowest estimate is $5.67B.
A total of 11 analysts have provided revenue estimates for WCC’s current fiscal year. The highest revenue estimate was $22.68B, while the lowest revenue estimate was $22.1B, resulting in an average revenue estimate of $22.41B. In the same quarter a year ago, actual revenue was $21.82BBased on 11 analysts’ estimates, the company’s revenue will be $23.4B in the next fiscal year. The high estimate is $23.69B and the low estimate is $23.05B.
