After finishing at $159.92 in the prior trading day, Wesco International, Inc. (NYSE: WCC) closed at $154.79, down -3.21%. On the day, 601789 shares were traded.
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 15.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.67. For the most recent quarter (mrq), Quick Ratio is recorded 1.42 and its Current Ratio is at 2.48. In the meantime, Its Debt-to-Equity ratio is 1.18 whereas as Long-Term Debt/Eq ratio is at 1.18.
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, RBC Capital Mkts on February 13, 2024, Downgraded its rating to Sector Perform and sets its target price to $173 from $202 previously.
On October 06, 2023, JP Morgan Upgraded its rating to Overweight which previously was Neutral but kept the price unchanged to $180.
Robert W. Baird Upgraded its Neutral to Outperform on May 05, 2023, while the target price for the stock was maintained at $180.
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 Mar 01 ’28 when Schulz David S. sold 1,867 shares for $167.07 per share. The transaction valued at 311,920 led to the insider holds 100,703 shares of the business.
Cameron James sold 5,352 shares of WCC for $836,999 on Mar 11 ’24. The EVP & GM, Util & Broadband now owns 33,595 shares after completing the transaction at $156.39 per share. On Feb 08 ’24, another insider, Squires Nelson John III, who serves as the EVP & GM, EES of the company, sold 3,490 shares for $190.00 each. As a result, the insider received 663,100 and left with 54,385 shares of the company.
Valuation Measures:
As of this moment, Wesco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.43, and their Forward P/E ratio for the next fiscal year is 9.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 1.56.
Stock Price History:
Over the past 52 weeks, WCC has reached a high of $195.43, while it has fallen to a 52-week low of $121.90.
Shares Statistics:
A total of 50.90M shares are outstanding, with a floating share count of 43.57M. Insiders hold about 14.49% of the company’s shares, while institutions hold 82.18% stake in the company.
Earnings Estimates
Its stock is currently analyzed by Wells Fargo & Company different market analysts. The consensus estimate for the next quarter is $71.06, with high estimates of $77.80 and low estimates of $53.32.
Analysts are recommending an EPS of between $Utilities and $Real Estate for the fiscal current year, implying an average EPS of $Technology.
