Wesco International, Inc. [WCC] stock prices are up 0.21% to $165.43 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The WCC shares have gain 4.14% over the last week, with a monthly amount drifted -2.97%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Wesco International, Inc. [NYSE: WCC] stock has seen the most recent analyst activity on May 29, 2024, when Robert W. Baird downgraded its rating to a Neutral and also revised its price target to $195 from $200. Previously, RBC Capital Mkts downgraded its rating to Sector Perform on February 13, 2024, and dropped its price target to $173. On October 06, 2023, upgrade upgraded it’s rating to Overweight but maintained its price target of $180 on the stock. Robert W. Baird upgraded its rating to a Outperform but stick to its price target of $180 on May 05, 2023. Jefferies upgraded its rating to a Buy and raised its price target to $150 on October 17, 2022. Loop Capital started tracking with a Buy rating for this stock on August 03, 2021, and assigned it a price target of $125. In a note dated December 08, 2020, Wolfe Research upgraded an Outperform rating on this stock and boosted its target price from $71 to $92.
The stock price of Wesco International, Inc. [WCC] has been fluctuating between $122.30 and $195.43 over the past year. Currently, Wall Street analysts expect the stock to reach $191.71 within the next 12 months. Wesco International, Inc. [NYSE: WCC] shares were valued at $165.43 at the most recent close of the market. An investor can expect a potential return of 15.89% based on the average WCC price forecast.
Analyzing the WCC fundamentals
The Wesco International, Inc. [NYSE:WCC] reported sales of 21.95B for trailing twelve months, representing a drop of -4.63%. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.15 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 164.06 points at the first support level, and at 162.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 167.63, and for the 2nd resistance point, it is at 169.84.
Ratios To Look Out For
It’s worth pointing out that Wesco International, Inc. [NYSE:WCC]’s Current Ratio is 2.28. Also, the Quick Ratio is 1.34, while the Cash Ratio stands at 0.19. Considering the valuation of this stock, the price to sales ratio is 0.37, the price to book ratio is 1.67 and price to earnings (TTM) ratio is 12.84.
Transactions by insiders
Recent insider trading involved Kulasa Matthew S, SVP, Corp. Controller & CAO, that happened on May 24 ’24 when 474.0 shares were sold. EVP & CHRO, Wolf Christine Ann completed a deal on May 24 ’24 to sell 4486.0 shares. Meanwhile, 10% Owner Green Equity Investors VII, L. sold 1.75 million shares on May 07 ’24.
