At the time of writing, Wesco International, Inc [WCC] stock is trading at $188.17, down -1.98%. 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 6.90% over the last week, with a monthly amount glided 14.35%, 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 $125.77 and $195.99. 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 $188.17 at the most recent close of the market. An investor can expect a potential return of 28.84% based on the average WCC price forecast.
Analyzing the WCC fundamentals
According to Wesco International, Inc [NYSE:WCC], the company’s sales were 21.79B for trailing twelve months, which represents an -2.75% 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 0.04, Equity is 0.14 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.12.
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 186.02 points at the first support level, and at 183.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 192.46, and for the 2nd resistance point, it is at 196.76.
Ratios To Look Out For
It is important to note that Wesco International, Inc [NYSE:WCC] has a current ratio of 2.21. Also, the Quick Ratio is 1.29, while the Cash Ratio stands at 0.18. Considering the valuation of this stock, the price to sales ratio is 0.41, the price to book ratio is 1.83 and price to earnings (TTM) ratio is 15.06.
Transactions by insiders
Recent insider trading involved Squires Nelson John III, EVP & GM, EES, that happened on Oct 31 ’24 when 10000.0 shares were sold. Officer, Squires Nelson John III completed a deal on Oct 31 ’24 to buy 10000.0 shares. Meanwhile, Director RAYMUND STEVEN A sold 5819.0 shares on Sep 26 ’24.
