Wesco International, Inc (NYSE:WCC) currently has a daily average trading volume of 820.61K but it saw 1334350 shares traded in last market. With a market cap of 8.43B USD, the company’s current market price of $172.65 came rising about 2.20 while comparing to the previous closing price of $168.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $216.17 and as low as $125.21.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Robert W. Baird which upgraded the stock as “Outperform” in its note to investors issued on October 16, 2024, recommending a price target of between $522 and $550 for it. Robert W. Baird downgraded its recommendation for the stock as a “Neutral” from “Outperform” on May 29, 2024 while assigning a price target range of $200-$195. RBC Capital Mkts issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $202 and $173.
Over the week, WCC’s stock price is moving 0.47% up while it is 6.48% when we observe its performance for the past one month. Year-to-date it is -4.59% down and over the past year, the stock is showing a downside performance of -7.49%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 3.36 while estimate for next year EPS is 13.27. In next quarter, company is expected to be making quarterly sales of $5.73B as analysts are expecting the sales for current fiscal year at $22.52B and seeing the company making $23.51B in sales next year. Moreover, analysts are in estimates of $5.82B for current-quarter revenue.
Currently, Wesco International, Inc’s total number of outstanding shares is 48.80M with 1.89% of that held by the insiders while 99.88% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 6.12% and return on equity (ROE) at 14.38%. It has a price to earnings ratio (P/E ratio) of 13.06 while having a 10.92 of forward P/E ratio. Stock’s beta reads 1.85. Stock has a price to book (P/B) ratio of 1.67 while price to sale or P/S ratio amounts to 0.39. Its return on asset (ROA) is 4.64% on average.
