At the time of writing, Wesco International, Inc. [WCC] stock is trading at $177.82, down -0.90%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The WCC shares have gain 1.69% over the last week, with a monthly amount glided 5.86%, 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 October 16, 2024, when Robert W. Baird upgraded its rating to a Outperform and also boosted its price target to $550 from $522. Previously, Robert W. Baird downgraded its rating to Neutral on May 29, 2024, and dropped its price target to $195. On February 13, 2024, downgrade downgraded it’s rating to Sector Perform and revised its price target to $173 on the stock. JP Morgan upgraded its rating to a Overweight but stick to its price target of $180 on October 06, 2023. Robert W. Baird upgraded its rating to a Outperform but $180 remained the price target by the analyst firm on May 05, 2023. Jefferies upgraded its rating to Buy for this stock on October 17, 2022, and upped its price target to $150. In a note dated August 03, 2021, Loop Capital initiated an Buy rating and provided a target price of $125 on this stock.
For the past year, the stock price of Wesco International, Inc. fluctuated between $125.05 and $195.43. Currently, Wall Street analysts expect the stock to reach $242.43 within the next 12 months. Wesco International, Inc. [NYSE: WCC] shares were valued at $177.82 at the most recent close of the market. An investor can expect a potential return of 36.33% based on the average WCC price forecast.
Analyzing the WCC fundamentals
According to Wesco International, Inc. [NYSE:WCC], the company’s sales were 21.95B for trailing twelve months, which represents an -4.63% plunge. 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 175.75 points at the first support level, and at 173.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 179.71, and for the 2nd resistance point, it is at 181.59.
Ratios To Look Out For
It is important to note that Wesco International, Inc. [NYSE:WCC] has a current ratio of 2.28. In addition, the Quick Ratio stands at 1.34 and the Cash Ratio stands at 0.19. Considering the valuation of this stock, the price to sales ratio is 0.40, the price to book ratio is 1.80 and price to earnings (TTM) ratio is 13.81.
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.
