Currently, Wesco International, Inc. [WCC] is trading at $175.46, up 0.42%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WCC shares have gain 6.92% over the last week, with a monthly amount glided 9.81%, and 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.
This stock has fluctuated between a low of $122.30 and a high of $195.43 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $188.43 within the next 12 months. Wesco International, Inc. [NYSE: WCC] shares were valued at $175.46 at the most recent close of the market. An investor can expect a potential return of 7.39% based on the average WCC price forecast.
Analyzing the WCC fundamentals
Trailing Twelve Months sales for Wesco International, Inc. [NYSE:WCC] were 21.95B which represents -4.63% decline. 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 173.72 points at the first support level, and at 171.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 176.59, and for the 2nd resistance point, it is at 177.72.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Wesco International, Inc. [NYSE:WCC] is 2.28. As well, the Quick Ratio is 1.34, while the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 0.39, the price to book ratio is 1.78 and price to earnings (TTM) ratio is 13.62.
Transactions by insiders
Recent insider trading involved RAYMUND STEVEN A, Director, that happened on Sep 26 ’24 when 5819.0 shares were sold. Officer, Steven Raymund completed a deal on Sep 26 ’24 to buy 5819.0 shares. Meanwhile, SVP, Corp. Controller & CAO Kulasa Matthew S sold 474.0 shares on May 24 ’24.
