Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $203.04 in the prior trading day, Wesco International, Inc (NYSE: WCC) closed at $197.66, down -2.65%. In other words, the price has decreased by -$2.65 from its previous closing price. On the day, 0.57 million shares were traded. WCC stock price reached its highest trading level at $201.35 during the session, while it also had its lowest trading level at $196.88.
Ratios:
Our goal is to gain a better understanding of WCC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.19. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 2.21. In the meantime, Its Debt-to-Equity ratio is 1.12 whereas as Long-Term Debt/Eq ratio is at 1.12.
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 9949295616 and an Enterprise Value of 14620567552. As of this moment, Wesco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.82, and their Forward P/E ratio for the next fiscal year is 13.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 1.92. Its current Enterprise Value per Revenue stands at 0.671 whereas that against EBITDA is 10.087.
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 $132.37. The 50-Day Moving Average of the stock is 3.62%, while the 200-Day Moving Average is calculated to be 15.13%.
Shares Statistics:
The stock has traded on average 719.51K shares per day over the past 3-months and 449040 shares per day over the last 10 days, according to various share statistics. A total of 49.00M shares are outstanding, with a floating share count of 46.79M. Insiders hold about 4.51% of the company’s shares, while institutions hold 91.27% stake in the company. Shares short for WCC as of 1732838400 were 1237020 with a Short Ratio of 1.68, compared to 1730332800 on 947122. Therefore, it implies a Short% of Shares Outstanding of 1237020 and a Short% of Float of 2.97.
Dividends & Splits
In the trailing 12 months, WCC’s forward annual dividend rate was 1.613, compared to 1.61 this year. Against a Trailing Annual Dividend Yield of 0.007944248
